2020 Neural Interface Market: A Guide for Entrepreneurs and Investors

This report aims to summarize the state of the neural interface industry in an attempt to quantify industry economics, predict trends, analyze existing markets and firms, and identify potential opportunities for investment and development.

Market Segments

The neurotech industry is composed of several different market segments with divergent but complementary goals. Historically, the primary segments were the following:

• Researchers: Neuroscientists and psychologists
• Patients: Disabled individuals with amputations or deafness

Research in neural interfaces started in the mid 1970s, with clinical applications in disease diagnosis being developed soon thereafter. Neuroscientists and psychologists, which include both researchers and clinicians, were the only users of neurotechnology for many decades, and they remain an important segment of the market.

More recently, innovations in complimentary technologies, which includes hardware innovations (dry sensors, increased computing power) and software innovations (machine learning), have opened the possibility of including additional market segments. These segments are still emerging and boundaries remain unclear, but are likely a superset of the…