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The increasing use of sensor technologies and dramatically changing healthcare infrastructure in the developing economies such as India and China would have very positive impact on the growth of the BCI technology market.
However, the lack of professional with expertise in handling BCI systems, cybersecurity issues and ethical considerations would have an adverse impact on the growth of the market. Steadily growing government funding in various regions is adding to the growth of BCI market. For instance, in 2013, the UK government raised funds to build prototypes that pertained to BCI technologies.
Prior to this, the London Development Agency granted 10,000 GBP to encourage technological studies in BCI. The report highlights the adoption of Brain-Computer Interface market, Europe. 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 countries included in the report are Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Key players profiled in the report include Nihon Koden Corporation, Mind Solutions, Advanced Brain Monitoring, Openbci, Cortech Solutions, Neurosky, Emotiv, Guger Technologies OEG.