全球脑机接口市场处于关键转折期，5年后将突破百亿美元

Core Insights - The Chinese government aims for breakthroughs in brain-computer interface (BCI) technology by 2027 and to elevate its comprehensive strength to a world-leading position by 2030 [1][14] - The global BCI industry has seen significant growth, with over 800 companies, primarily in the US and China, and a market size reaching several billion dollars, projected to exceed $10 billion by 2030 [1][2] Industry Overview - BCI technology establishes direct communication pathways between the brain and external devices, focusing on interpreting brain activity and controlling devices or providing neural stimulation [2] - The BCI industry is segmented into upstream (electrodes and chips), midstream (data collection and processing), and downstream (medical, consumer, and industrial applications) [2] - The distribution of global BCI companies shows that 8% are in upstream, 37% in midstream, and 55% in downstream sectors [2] Investment Trends - Since 2021, investment in the downstream BCI sector has surged, indicating increased investor confidence and a clearer direction for the industry [3] - The global BCI investment landscape has seen over 1,000 disclosed transactions totaling nearly $10 billion as of April 2025 [2][3] - The medical application market for BCI is projected to reach $40 billion by 2030 and exceed $145 billion by 2040 [3] Global Research Initiatives - Many countries, including the US and EU, have prioritized brain science research, with significant funding allocated to various brain-related projects [10] - The US "Brain Initiative" has invested over $4 billion from 2014 to 2023, focusing on advancing treatments for brain diseases [10] - The EU's "Human Brain Project" involved 11.4 billion euros over ten years, engaging numerous research institutions [10] Challenges and Development Needs - The BCI field faces several challenges, including the lack of standardized components, varying individual application outcomes, and high valuations of some companies amid rapid capital influx [11] - Ethical issues, such as privacy protection and data security, remain complex and unresolved [11] China's BCI Landscape - China has over 200 BCI companies, with a concentration in major provinces like Beijing, Guangdong, and Zhejiang [13] - The Chinese government has initiated the "Brain Plan" and included brain science in major national innovation projects, accelerating industry development [13][14] - The National Healthcare Security Administration has laid the groundwork for clinical applications of BCI technologies, indicating a pathway for commercialization [14]