Global Brain Computer Interfaces (BCI) Market 2022-2028
According to latest analysis by Gen Consulting Company, the global brain computer interfaces market was USD 1,815 million in 2021 and is expected to reach USD 3,698 million in 2028 and register a CAGR of 10.7% during the forecast period, 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global brain computer interfaces market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the brain computer interfaces industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, type, technology, application, and region. The global market for brain computer interfaces can be segmented by component: software, hardware. In 2021, the hardware segment made up the largest share of revenue generated by the brain computer interfaces market. Brain computer interfaces market is further segmented by type: invasive BCI, noninvasive BCI, partially invasive BCI. The noninvasive BCI segment was the largest contributor to the global brain computer interfaces market in 2021. Based on technology, the brain computer interfaces market is segmented into: electrocorticography, electroencephalography, functional magnetic resonance imaging, functional near-infrared spectroscopy, intracortical neuron recording, magnetoencephalography. The electroencephalography segment is estimated to account for the largest share of the global brain computer interfaces market. On the basis of application, the brain computer interfaces market also can be divided into: communication and control, entertainment and gaming, healthcare, others. The healthcare segment held the largest share of the global brain computer interfaces market in 2021 and is anticipated to hold its share during the forecast period. Brain computer interfaces market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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