Brain Computer Interface Market Worth $6.18 Billion By 2030
Brain Computer Interface Industry Overview The global brain computer interface market size was valued at USD 1.52 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 17.16% during the forecast period. Key drivers of the brain computer interface (BIC) market include the increasing prevalence of neuroprosthetic conditions, rising global geriatric population base, and rapid technological developments facilitating communication and movement in paralytic patients. Furthermore, the use of this technology in virtual gaming, home control systems, and military communication enhance the applicability of the market, fueling its growth. The COVID-19 pandemic severely affected the market. Market players, such as Natus, reported an impact on their supply chain during the pandemic. This is because most of their materials are single source and need lengthy qualification periods. Gather more insights about the market drivers, restrains and growth of the Global...