Press release
Brain-Computer Interface Market Outlook 2024-2031: Trends and Opportunities
The global Brain-Computer Interface Market is anticipated to grow at a CAGR of around 14.3% during the forecast period (2024-2031). The key factors to drive the market growth include the increasing prevalence of neurological disorders such as brain diseases or impairment in countries including the US will be fuelling the growth of the brain-computer interface market. For instance, according to a recent report by the Federal Interagency Forum on Aging-Related Statistics, 35.8% of those 85 and older have moderate or severe memory impairment in the US. It is estimated that in the following region an estimated 1.2 million people aged 18 and up are diagnosed each year with adult-onset brain disease/disorders.Get Free Sample link @ https://www.omrglobal.com/request-sample/bci-brain-computer-interface-market
Rising acquisitions, product development, collaborations among the major players in the market also propel the growth of the market. For instance, in May 2020, Huami, Amazfit's parent company, announced a partnership with the Institute of Advanced Technology, University of Science and Technology of China to create a Brain-Computer Interface Joint Laboratory by leveraging Huami Technology's R&D capabilities in the field of smart wearables. The lab will conduct non-invasive and invasive brain-computer interface research in areas such as sleep health, brain semantic analysis, emotion recognition, and epilepsy detection.
Full report of Brain-Computer Interface Market available @ https://www.omrglobal.com/industry-reports/bci-brain-computer-interface-market
Market Coverage
Segment Covered-
o By Type
o By Components
o By Application
o By Technology
o By End-user
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Natus Medical Inc, Ltd., Advanced Brain Monitoring, Inc, Nihon Kohden Corps., EMOTIV, Inc, NeuroSky, Inc
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Brain-Computer Interface Market Report Segment
By Components
Hardware
Software
BY Type
Invasive (BCI)
Partially Invasive (BCI)
Non-Invasive (BCI)
By Application
Medical
Smart Home Control
Gaming & Virtual Reality
Communication And Control
By Technology
Electro-Encephalography (EAG)
Magneto- Encephalography (MEG)
Electrocorticography (ECOG)
Functional Magnetic Resonance Imaging (FMRI)
Others (Near Infrared Spectroscopy and Neuro Recording)
By End-User
Healthcare
Educational & Research
Defense & Aerospace
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bci-brain-computer-interface-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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