New York, Jan. 10, 2022 (GLOBE NEWSWIRE) — According to the statistics by the World Bank, the population aged 65 and above as a share of the total population around the globe touched 9.318% in the year 2020, up from 6.874% in the year 2000. Moreover, according to the statistical report titled “World Population Ageing 2019” published by the United Nations, stated that the number of persons aged 65 or over globally is expected to touch 1548.9 Million by the end of 2050, up from 702.9 Million in the year 2019, registering a growth of 120% during the period.
Kenneth Research has recently added a report on “Global Brain Computer Interface (BCI) Market” which includes a brief analysis of the organizations that are operating in the market, along with their product portfolio analysis and their growth strategies during the forecast period, i.e., 2021-2030. The report also utilizes different analytical tools, such as SWOT analysis and PESTEL analysis among others, to analyze the market.
The elderly population around the globe is growing at a significant pace and with it is raising the concern for the different diseases that effects the population group. According to the World Health Organization (WHO), the most common conditions among the elderly population include cataracts, refractive errors, hearing loss, chronic obstructive pulmonary disease, diabetes, back & neck pain, and dementia among others. Most of these health diseases often result in numerous physical and mental complexities amongst the elderly, ultimately leading to poor quality of life. The brain computer interface (BCI) helps to carry out the desired action by acquiring the signals from the brain. People who face physical or mental complexities, and are unable to perform their day-to-day actions on a daily basis, can use the interface to carry out their desired action. The global brain computer interface (BCI) market registered a revenue of USD 1466.76 Million in the year 2020 and is further projected to touch USD 4483.93 Million by the end of 2030, by growing with a CAGR of 12.54% during the forecast period.
Get Sample Copy of This Report @ https://www.kennethresearch.com/sample-request-10352280
The global brain computer interface (BCI) market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Amongst the market in these regions, the market in North America registered the largest revenue of USD 648.41 Million in the year 2020 and is further expected to reach USD 1726.31 Million by the end of 2030. Moreover, the market in Europe is projected to garner the second-largest revenue of USD 1618.70 Million by the end of 2030, up from a revenue of USD 506.73 Million in the year 2020.
The global brain computer interface (BCI) market is segmented on the basis of application into medical, games & entertainment, smart home control, communication & control, military & defense, educational & self-regulation, and others. Amongst all these segments, the medical segment registered the largest revenue of USD 1014.39 Million in the year 2020 and is further projected to touch USD 3401.06 Million by the end of 2030. The segment is also anticipated to grow with the highest CAGR of 13.58% during the forecast period.
Browse to access In-depth research report on Global Brain Computer Interface (BCI) Market with detailed charts and figures: https://www.kennethresearch.com/report-details/brain-computer-interface-bci-market/10352280
On the other hand, the games & entertainment segment is expected to garner the second-largest revenue of USD 399.07 Million by the end of 2030 and further grow with a CAGR of 12.26% during the forecast period. The medical segment is further sub-divided into detection & diagnosis, and rehabilitation & restoration. Amongst these segments, the detection & diagnosis segment is expected to garner the largest revenue by the end of 2030, and also grow with the highest CAGR of 15.07% during the forecast period.
Enquiry before Buying This Report @ https://www.kennethresearch.com/sample-request-10352280
Some of the prominent industry leaders in the global brain computer interface (BCI) market that are included in our report are NextMind SAS, Blackrock Neurotech, Advanced Brain Monitoring, Inc., NIHON KOHDEN CORPORATION, g.tec medical engineering GmbH, Natus Medical Incorporated, Cadwell Industries Inc., OpenBCI, Inc., Cortech Solutions, Inc., NeuroSky, Inc., EMOTIV, Inc., Integra LifeSciences Corporation, and others.
Browse More Related Report:
Brain Computer Interface (BCI) Market Segmentation by Application (Medical, Games & Entertainment, Smart Home Control, Communication & Control, Military & Defense, Educational & Self-Regulation, and Others)-Global Demand Analysis & Opportunity Outlook 2020-2030
North America Expense Tracking Software Market-By Deployment (Cloud-Based and On-Premise), By Application (Small Businesses, Large Businesses, and Medium Businesses), By Vertical(Higher Education, Retail & Restaurant, Healthcare & Life Sciences, Legal Services, Non-Profits, Financial Services, and Oil, Mine, & Gas), and By Country (U.S. and Rest of North America) : Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2027
North America and Europe Visual Search Market-By Offering (Image Search and Search Recommendation) and By Vertical (Consumer Goods, Retail, Automotive, Healthcare, and Others): Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2027
Bitcoin Market-By Wallet Type (Software Wallets, Hardware, Online Wallets, and Paper Wallets), By Application (International Transactions, Private Transactions, Payments, and Buying), and By End User (Individual, Large Enterprises, and Small & Medium Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2027
SaaS Security Industry Market–By Type (Email Protection, Data Loss Prevention, Identity & Access Protection, Network Protection, and Web Protection), By Enterprise Size (Small, Medium, and Large), and By End-User (BFSI, Communication & Technology, Healthcare, Defense, and Government): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2027
About Kenneth Research
Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
U.S. Phone: +1 313 462 0609