The Brain computer Interface Market is anticipated to witness an unprecedented growth during the forecast period. The growing incidences of brain disorders, government funding for research in the developed economies and the increasing adoption of BCI technologies in gaming enterprises are the major factors fueling the growth of the BCI market. However, the lack of professional with expertise in handling BCI systems, cyber security issues and ethical considerations would have an adverse impact on the growth of the market.
Implementation of flexible circuit technology has enabled miniaturization of several electronic components into a single chip, eliminating the need for separate chip to support individual electronic components. The versatility offered by BCI technology due to flexible electronics has enabled implementing pressure sensors in blood vessels and electrodes into the heart.
The report highlights the adoption of Brain Computer Interface market, globally. Based on the type, the Brain Interface Market is segmented into Invasive, Non-invasive and Partially invasive. Based on the Application, the market is segmented across Healthcare, Communication & Control, Gaming & Entertainment, Smart homes controls and Others. The geographies included in the report are North America, Europe, Asia Pacific and LAMEA.
Key players profiled in the report include Nihon Koden Corporation, Mind Solutions, Advanced Brain Monitoring, Openbci, Cortech Solutions, Neurosky, Emotiv, Guger Technologies OEG.