Brain-computer interface market to be valued at $3.1b by 2030

One driver is the rising demand for neurorehabilitation solutions.

The global brain-computer interface (BCI) market is projected to reach $3.1b by 2030 at a compound annual growth rate of 10.3%, according to Research and Markets.

The sector’s growth is driven by developments in artificial intelligence and machine learning, and increased demand for neurorehabilitation solutions.

In the healthcare sector, BCIs are used for patients with spinal cord injuries, strokes, or neurodegenerative diseases to regain control of movement or communication.

In addition, BCIs are being explored for the development of prosthetics that can be controlled by thought, providing potential solutions for those with amputations or severe paralysis.

“Innovations in non-invasive BCIs, such as electroencephalography headsets, are making these devices more user-friendly and accessible,” the report said.