Brain Computer Interface (BCI) Market

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The discovery of brain waves by physician and neurologist Dr. Hans Berger in the early twentieth century opened a
new world in neuroscience that made physicians realize the nature of thought transmission in the form of condensed
electrical impulses known as brain waves. With the advancement of computers the ability to interpret and record the
brain activities has increased significantly. Brain computer interface (BCI) enables a neurologist to record, monitor
and translate the brain waves of a patient into recordable data interpretations of the state of the mind.
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Based on their application, brain computer interface can be segmented into neuroprosthetics, neurogaming,
neuroanalysis (psychology), and defense (military and aerospace research). Among these, the neuroprosthetics and
neuroanalysis applications form the largest commercial segments. Neurogaming industry forms an emerging
application with increased funding and rising neurogaming enthusiasts. The defense applications account for a least
share although recently there has been growing interest in the aerospace research domain.
On the basis of technology, brain computer interface services include invasive brain computer interface, noninvasive brain computer interface,…