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By 2030, the brain-computer interface market will be valued at US$310 million

Date:

Photo by Nwato

One of the driving factors is the growing demand for neurorehabilitation solutions.

According to Research and Markets, the global brain-computer interface (BCI) market is expected to reach US$310 million by 2030, with a compound annual growth rate of 10.3%.

The growth of the industry is driven by developments in artificial intelligence and machine learning and increased demand for neurorehabilitation solutions.

In healthcare, brain-computer interfaces are used to treat patients with spinal cord injuries, strokes or neurodegenerative diseases to restore control of movement or communication.

In addition, brain-computer interfaces are exploring the development of prostheses that can be controlled through thoughts, providing potential solutions for people with amputations or severe paralysis.

“Innovations in non-invasive brain-computer interfaces such as EEG headsets are making these devices more user-friendly and easier to use,” the report said.

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