Global Neural Control Interface Market Size, Status and Forecast 2022

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.
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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