Global Neural Control Interface Market Size, Status and Forecast 2022

SKU ID : QYR- 19857991

Publishing Date : 06-Jan-2022

No. of pages : 123

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  • Neuro-controlled BRAIN-machine interfaces are the direct connections created between the human or animal brain (or culture of brain cells) and external devices.
    In the case of a one-way BRAIN-computer interface, the computer either receives commands from the brain or sends signals to the brain (such as video reconstruction), but not both.
    Bidirectional BRAIN-computer interfaces allow two-way information exchange between the brain and external devices.
    The first category, mainly non-invasive BRAIN-computer interfaces, has a relatively large share of the global market, accounting for about 87.04% in 2019.
    The other major category is invasive BRAIN-computer interfaces, which are attractive to many companies because they can implement more complex functions in the future.The leading players in the BCI market are NeuroPace Inc., Mindmaze SA, Ctrl-Labs (Facebook), BrainCo, Brain Products GmbH, G.MAZE, Emotiv Inc, Blackrock Microsystems LLC, InteraXon, NeuroSky, Inc.
    These top companies now account for more than 57 per cent of the total market share and are expected to maintain their dominance over the forecast period.
    But it is also more technically difficult.
    Invasive BCI technology will account for 12.24% of the market by 2020.
    From the regional perspective, the North American market share in 2019 is large, accounting for 62.10% of the market, which will maintain steady growth in the next few years.
    Europe and China, with market shares of 28.12% and 2.94% respectively, will continue to play an important role that cannot be ignored.

    Market Analysis and Insights: Global Neural Control Interface Market
    The global Neural Control Interface market size is projected to reach US$ 768.7 million by 2027, from US$ 308 million in 2020, at a CAGR of 14.0% during 2021-2027.
    With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Neural Control Interface market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Neural Control Interface market in terms of revenue.
    On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Neural Control Interface market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Neural Control Interface market.

    Global Neural Control Interface Scope and Market Size
    Neural Control Interface market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Neural Control Interface market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

    Segment by Type
    Invasive
    Noninvasive

    Segment by Application
    Health Care
    Games and Entertainment
    Communication
    Other

    By Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Nordic
    Rest of Europe
    Asia-Pacific
    China
    Japan
    South Korea
    Southeast Asia
    India
    Australia
    Rest of Asia
    Latin America
    Mexico
    Brazil
    Rest of Latin America
    Middle East & Africa
    Turkey
    Saudi Arabia
    UAE
    Rest of MEA

    By Company
    NeuroPace Inc
    Mindmaze SA
    CTRL-Labs (Facebook)
    BrainCo
    Brain Products GmbH
    G.TEC
    Emotiv Inc
    Blackrock Microsystems LLC
    InteraXon
    NeuroSky, Inc.
    Compumedics Limited
    Neurable
    Advanced Brain Monitoring
    ANT Neuro B.V
    Neuroelectrics
    Artinis Medical Systems BV

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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