Brain computer interface is also referred to as direct neural interface, synthetic telepathy interface, brain machine interface or mind machine interface. Brain computer interface (BCI) is a system that facilitates a direct communication channel between the brain and the peripheral devices, which are used to calibrate the movement in physically challenged individuals. A BCI system records the brain signals from the surface of the cortex, from devices implanted within the brain or from the sensors placed over the scalp. These signals are then transmitted to the peripheral device that enables the user to perform numerous tasks. With the help of a BCI system, the paralyzed and handicapped individuals can overcome their physical challenges and perform various day-to-day tasks. The primary function of the BCI device is to intercept the electrical signals that pass between the neurons and transmit them to an external device. Technological developments in the field of computation, human sensing, entertainment, gaming, and communication and control, is a major factor that will drive the BCI market.
Intensive research carried out to develop a cure for fatal brain disorders and injuries, and the rising number of government funding with a view to encourage BCI research studies are likely to boost the market. However, the ethical problem faced during the research i.e., to use BCI to treat patients whose informed consent cannot be obtained, can act as a restraint for the BCI market. In most of the cases, it is not possible to define or restrict the amount of information that can be retrieved from the patient. BCI is comparatively a naïve technology and many of its applications are yet to be commercialized and are a part of laboratory research.
The brain computer interface market is segmented based on type, application and geography. The type segment includes invasive BCI, non-invasive BCI and partially invasive BCI technology. Based on the analysis and forecast, the non-invasive BCI technology segment is expected to lead the market from 2014 to 2020. On the basis of application, the global BCI market is segmented into communication and control, healthcare, smart home control, gaming and entertainment and others. The healthcare application of BCI technology is forecasted to be the largest market followed by the gaming and entertainment segment. Based on geography, the global BCI market covers North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa). Advanced Brain Monitoring, Inc., Nihon Kohden Corporation, Guger Technologies OEG and Mind Solutions Inc. are some of the key players profiled in this report.
The study provides an in-depth analysis of the brain computer interface market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and estimations through 2013–2020 are provided to showcase the financial appetency of the market
Porter’s five forces model and a SWOT analysis of the industry illustrate the potency of the buyers and suppliers participating in the market
Value chain analysis in the report provides a clear understanding on the roles of stakeholders involved in the value chain
KEY MARKET SEGMENTATION
The market is segmented on the basis of type, application and geography.
MARKET BY TYPE
MARKET BY APPLICATION
Communication and control
Gaming and entertainment
Smart home control
MARKET BY GEOGRAPHY
Nihon Kohden Corporation
Mind Solutions Inc.
Advanced Brain Monitoring, Inc.
Quantum Applied Science and Research, Inc.
Cadwell Laboratories Inc.
Cortech Solutions, Inc.
Guger Technologies OEG
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Executive summary
2.2 CXO perspective
2.3 Market beyond: what to expect by 2025
2.3.1 Base case scenario
2.3.2 Optimistic scenario
2.3.3 Critical scenario
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Brain-computer interface system
3.3 Various brain-scanning technologies used for BCI
3.3.1 EEG (Electro-encephalography)
3.3.2 fMRI (Functional Magnetic Resonance Imaging)
3.3.3 NIRS (Near Infrared Spectroscopy)
3.3.4 MEG (Magnetoencephalography)
3.3.5 ECOG (Electrocorticography)
3.4 Deep Brain Stimulation (DBS)
3.5 Wearable computers and BCI technology
3.6 Key findings
3.6.1 Top factors impacting the market
220.127.116.11 Rising incidences of brain disorders
18.104.22.168 Government funding
22.214.171.124 Miniaturization of components
126.96.36.199 Gaming industries
188.8.131.52 Lack of expertise
184.108.40.206 Cyber security threats
220.127.116.11 Ethical issues
3.6.2 Top investment pockets
3.6.3 Top winning strategies
3.7 Porters five force analysis
3.7.1 The bargaining power of supplier is low as the design and development of BCI systems is majorly an in-house activity
3.7.2 Low bargaining power of buyers due to their demand for niche products that effectively cater to their disorders
3.7.3 Low threat of substitute
3.7.4 Low threat of new entrants due to stringent intellectual property laws implemented to curb replication of technologies
3.7.5 Intense rivalry among the players of BCI market
3.8 Value chain analysis
3.9 Case studies
3.10 Market dynamics
18.104.22.168 Rising incidences of brain disorders affecting the movements of body
22.214.171.124 Government fundings trigger the use of BCI technologies
126.96.36.199 Miniaturization of components further add to the growth of BCI technology market
188.8.131.52 Increasing number of gaming industries implementing BCI technologies
184.108.40.206 Lack of expertise in implementing the BCI systems
220.127.116.11 Security issues associated with BCI systems
18.104.22.168 Ethical issues associated with BCI technologies
22.214.171.124 Developing economies
126.96.36.199 Swift use of sensor technologies
CHAPTER 4 GLOBAL BRAIN COMPUTER INTERFACE MARKET, BY TYPE
4.1 Invasive brain computer interface
4.1.1 Key market trends
4.1.2 Market size and forecast
4.2 Non-invasive brain computer interface
4.2.1 Key market trends
4.2.2 Market size and forecast
4.3 Partially invasive brain computer interface
4.3.1 Key market trends
4.3.2 Market size and forecast
GLOBAL BRAIN COMPUTER INTERFACE MARKET BY, APPLICATION
4.4.2 Market size and forecast
4.5 Communication and control
4.5.2 Market size and forecast
4.6 Gaming and entertainment
4.6.2 Market size and forecast
4.7 Smart home control
4.7.2 Market size and forecast
4.8.2 Market size and forecast
CHAPTER 5 GLOBAL BRAIN COMPUTER INTERFACE MARKET , BY GEOGRAPHY
5.1 North America
5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factors and opportunities
5.1.4 Market size and forecast
5.2.1 Key market trends
5.2.2 Competitive scenario
5.2.3 Key growth factors and opportunities
5.2.4 Market size and forecast
5.3.1 Key market trends
5.3.2 Competitive scenario
5.3.3 Key growth factors and opportunities
5.3.4 Market size and forecast
5.4 Latin America, Middle East and Africa (LAMEA)
5.4.1 Key market trends
5.4.2 Competitive scenario
5.4.3 Key growth factors and opportunities
5.4.4 Market size and forecast
CHAPTER 6 COMPANY PROFILE
6.1 Nihon Kohden Corporation
6.1.1 Company overview
6.1.2 Company snapshot
6.1.3 Business performance
6.1.4 Key strategies and developments
6.1.5 SWOT analysis of Nihon Kohden Corporation
6.2 Mind Solutions Inc.
6.2.1 Company overview
6.2.2 Company snapshot
6.2.3 Key strategies and developments
6.2.4 SWOT analysis of Mind Solutions, Inc.
6.3 Advanced Brain Monitoring, Inc.
6.3.1 Company overview
6.3.2 Company snapshot
6.3.3 Key strategies and developments
6.3.4 SWOT analysis of Advanced Brain Monitoring, Inc.
6.4 Quantum Applied Science and Research, Inc.
6.4.1 Company overview
6.4.2 Company snapshot
6.4.3 Key strategies and developments
6.4.4 SWOT analysis of Quantum Applied Science and Research, Inc.
6.5 Cadwell Laboratories Inc.
6.5.1 Company overview
6.5.2 Company snapshot
6.5.3 Key strategies and developments
6.5.4 SWOT analysis of Cadwell Laboratories Inc.
6.6.1 Company overview
6.6.2 Company snapshot
6.6.3 Key strategies and developments
6.6.4 SWOT analysis of OpenBCI
6.7 Cortech Solutions, Inc.
6.7.1 Company overview
6.7.2 Company snapshot
6.7.3 Key strategies and developments
6.7.4 SWOT analysis of Cortech Solutions, Inc.
6.8 Neurosky, Inc.
6.8.1 Company overview
6.8.2 Company snapshot
6.8.3 Key strategies and developments
6.8.4 SWOT analysis of Neurosky, Inc.
6.9 Emotiv, Inc.
6.9.1 Company overview
6.9.2 Company snapshot
6.9.3 Key strategies and developments
6.9.4 SWOT analysis of Emotiv, Inc.
6.10 Guger Technologies OEG
6.10.1 Company overview
6.10.2 Company snapshot
6.10.3 Key strategies and developments
6.10.4 SWOT analysis of Guger Technologies OEG
List Of Tables
TABLE 1 BRAIN COMPUTER INTERFACE MARKET REVENUE BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 2 GLOBAL BRAIN-COMPUTER INTERFACE BASE CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 3 GLOBAL BRAIN-COMPUTER INTERFACE OPTIMISTIC CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 4 TABLE 1 GLOBAL BRAIN-COMPUTER INTERFACE CRITICAL CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 5 GLOBAL BCI MARKET BY TYPE, 2013-2020 ($ MILLION)
TABLE 6 GLOBAL BCI INVASIVE MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 7 GLOBAL BCI NON-INVASIVE MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 8 GLOBAL BCI PARTIALLY INVASIVE MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 9 GLOBAL BCI MARKET BY APPLICATION, 2013-2020 ($MILLION)
TABLE 10 GLOBAL BCI HEALTHCARE MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 11 GLOBAL BCI COMMUNICATION & CONTROL MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 12 GLOBAL BCI GAMING & ENTERTAINMENT MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 13 GLOBAL BCI SMART HOME CONTROLS MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 14 GLOBAL BCI OTHERS MARKET BY GEOGRAPHY, 2013-2020 ($ MILLION)
TABLE 15 NORTH AMERICA BCI MARKET BY APPLICATION, 2013-2020 ($ MILLION)
TABLE 16 EUROPE BCI MARKET BY APPLICATION, 2013-2020 ($ MILLION)
TABLE 17 ASIA-PACIFIC BCI MARKET BY APPLICATION, 2013-2020 ($ MILLION)
TABLE 18 LAMEA BCI MARKET BY APPLICATION, 2013-2020 ($ MILLION)
TABLE 19 NIHON KOHDEN CORPORATION
TABLE 20 MIND SOLUTIONS INC. SNAPSHOT
TABLE 21 ADVANCED BRAIN MONITORING, INC.
TABLE 22 QUANTUM APPLIED SCIENCE AND RESEARCH, INC. SNAPSHOT
TABLE 23 CADWELL LABORATORIES INC.
TABLE 24 OPENBCI SNAPSHOT
TABLE 25 CORTECH SOLUTIONS, INC.
TABLE 26 NEUROSKY INC. SNAPSHOT
TABLE 27 EMOTIV, INC. SNAPSHOT
TABLE 28 GUGER TECHNOLOGIES OEG SNAPSHOT
List Of Figures
FIG. 1 TOP IMPACTING FACTORS, BASE CASE (2020-2025)
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES IN BRAIN COMPUTER INTERFACE MARKET
FIG. 4 TOP WINNING STRATEGIES IN BRAIN COMPUTER INTERFACE MARKET BY LEADING PLAYERS
FIG. 5 PORTERS FIVE FORCE ANALYSIS
FIG. 6 VALUE CHAIN ANALYSIS FOR BRAIN COMPUTER INTERFACE MARKET
FIG. 7 REVENUE GENERATED BY NIHON KOHDEN CORPORATION (2012-2014)
FIG. 8 SWOT ANALYSIS OF NIHON KOHDEN CORPORATION
FIG. 9 SWOT ANALYSIS OF MIND SOLUTIONS INC.
FIG. 10 SWOT ANALYSIS OF ADVANCED BRAIN MONITORING, INC.
FIG. 11 SWOT ANALYSIS OF QUANTUM APPLIED SCIENCE AND RESEARCH, INC.
FIG. 12 SWOT ANALYSIS OF CADWELL LABORATORIES INC.
FIG. 13 SWOT ANALYSIS OF OPENBCI
FIG. 14 SWOT ANALYSIS OF CORTECH SOLUTIONS, INC.
FIG. 15 SWOT ANALYSIS OF NEUROSKY, INC.
FIG. 16 SWOT ANALYSIS OF EMOTIV, INC.
FIG. 17 SWOT ANALYSIS OF GUGER TECHNOLOGIES OEG
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