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Neurotechnology

Technologies interfacing with the nervous system for medical and research applications

Market Size
$15B
Growth Rate
22% CAGR
Projected (2030)
$15B (2030)

Market Overview

Current Market Size

$5.2B (2024)

Projected Market Size

$15B (2030) (2024-2030)

Description

Brain-computer interfaces, neural implants, neuroprosthetics

Key Technology Segments

Brain-Computer Interfaces

Direct communication between brain and external devices

TRL Range: TRL 5-7Market Size: $1.8B
Key Players: Neuralink, Synchron, Blackrock Neurotech

Key Players

Neuralink

startup

Brain-computer interface technology

Funding: $363M

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Investment Trends

Latest Year (2024)+28.0% YoY
Total Funding
$3.2B
Deal Count
105
Avg Deal Size
$30.5M

Investment in neurotechnology has shown strong growth, with total funding reaching $3.2B in 2024.

Commercialization Pathways

Licensing

medium feasibility

Neurotech IP can be licensed to medical device companies.

Spinout

high feasibility

Strong investor interest in neurotechnology startups.

Partnership

high feasibility

Partnerships with medical device companies are common.

Regulatory Considerations

  • FDA approval
  • Medical device regulations
  • Ethical considerations