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Global Brain Computer Interface Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | Natus Medical Incorporated, NextMind SAS, CompumedicsNeuroscan, Brain Products GmbH, Integra LifeSciences Corporation
Brain Computer Interface Market Report
As per the brain computer interfaces market report by The Business Research Company, the increase in global geriatric population is expected to propel the growth of brain-computer interfaces going forward. The geriatric population refers to the elderly population with people aged 65 and over. As populations are growing and aging, the prevalence of major disabling neurological disorders steeply increases with age which increases the demand for treatment, rehabilitation, and support services for neurological disorders such as brain-computer interfaces.
The global brain computer interface market size grew from $1.49 billion in 2022 to $1.72 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. The brain computer interface market size is expected to grow to $2.96 billion in 2027 at a CAGR of 14.4%.
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Major competitors in the brain computer interfaces market include Natus Medical Incorporated, NextMind SAS, CompumedicsNeuroscan, Brain Products GmbH, Integra LifeSciences Corporation, Emotiv Inc., NeuroSky Inc., ANT Neuro GmbH, Neuroelectrics, Nihon Kohden Corporation, Blackrock Neurotech, Cadwell Industries Inc., Advanced Brain Monitoring, NIRx Medical Technologies, OpenBCI, g.tec medical engineering GmbH, Medtronic plc, MindMaze, CGX A Cognionics Company, Mind Technologies Inc., and CorTec GmbH.
The brain computer interfaces market is segmented -
•By Type: Invasive Brain Computer Interface, Partially Invasive Brain Computer Interface, Non-Invasive Brain Computer Interface, Other Types
•By Component: Hardware, Software
•By Application: Healthcare, Disabilities Restoration, Brain Function Repair, Smart Home Control, Communication and Control, Entertainment and Gaming
•By End-User: Medical, Military, Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the brain computer interfaces market.
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Brain-computer interface (BCI) refers to a computer-based system that collects brain signals, analyses them, and converts them into commands that are sent to an output device to perform a desired activity. The interface enables a direct communication pathway between the brain and the object to be controlled. The main goal of BCI is to replace or restore useful function to people disabled by neuromuscular disorders such as amyotrophic lateral sclerosis, cerebral palsy, stroke, or spinal cord injury.
The Table Of Content For The Brain Computer Interface Market Include:
1. Executive Summary
2. Brain Computer Interface Market Characteristics
3. Brain Computer Interface Market Trends And Strategies
4. Brain Computer Interface Market - Macro Economic Scenario
5. Brain Computer Interface Market Size And Growth
……
26. Africa Brain Computer Interface Market
27. Brain Computer Interface Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Brain Computer Interface Market
29. Brain Computer Interface Market Future Outlook and Potential Analysis
30. Appendix
The "Global Brain Computer Interface Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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