Neuroscience

• On quantum computing, the scale of the actual quantum computers has been rapidly evolving (e.g., IBM recently announced to debut quantum computer with 1,121 quantum bits (qubits) in 2023).
• Neurotechnology is still a nascent sector, but the global market for therapeutics covering the brain and spinal cord is expected to almost reach $130bn by 2025.
• The worldwide brain-computer interface market is projected to grow over the next seven years at a compound annual growth rate of 15.5% to reach of USD 3.7 billion in revenue by 2027.
• Greater understanding of how our brains work, a world of continuous learning, and a future where new industries defined by technologies such as Artificial Intelligence, will all mean different skills will be valued than are currently being taught at schools.
• A new analysis predicts that by 2100, increasing water temperatures brought on by a warming planet could result in 96 percent of the world's population not having access to an omega-3 fatty acid crucial to brain health and function.
• The ability of NISQ computers, including D-Wave, to run neural nets, a mature, versatile and extremely powerful Artificial Intelligence (AI) algorithm, possibly at extremely high speeds, is a game changer and could provide 'quick wins' before 2025.
• Tesla founder Elon Musk tried to bridge the gap between humans and technology with his tech startup Neuralink, which plans to build implants that connect human brains with computer interfaces via AI.
• The global brain monitoring devices market is expected to grow at mid single digit CAGR of from 2019 to 2026 to reach $8,855.9 million by 2026.
• Global Brain Monitoring Market is expected to reach USD 2.0 billion by 2024 from USD 1.2 billion in 2016, at a CAGR of 7.1% in the forecast period 2017 to 2024.
• The Neural Network Software Market was valued at USD 8.3 billion in 2019 and is expected to reach USD 50.66 billion by 2025, at a CAGR of 35.2% over the forecast period 2020-2025.
• The global Brain Computer Interface (BCI) market is valued at USD 125.21 million in 2018 and is expected to reach USD 283.04 million by the end of 2025, growing at a CAGR of 12.43% between 2019 and 2025.
• In 2019, the global Brain Computer Interface (BCI) market size was USD 179 million and it is expected to reach USD 409.3 million by the end of 2026, with a CAGR of 12.4% during 2021-2026.
• Over the next five years the Brain Computer Interface market will register a +11% CAGR in terms of revenue, the global market size will reach US$ 250.3 million by 2024, from US$ 154.1 million in 2019.
• The global Brain Computer Interface (BCI) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 11.9% in the forecast period of 2020 to 2025 and will expected to reach USD 288.4 million by 2025, from USD 184.2 million in 2019.
• Researchers at the University of California in San Francisco (UCSF) have used artificial intelligence (AI) technology to better interpret brain imaging to predict Alzheimer's.
• There are more than 3.8 million women living in the United States with a history of invasive breast cancer, and 268,600 women will be newly diagnosed in 2019.
• The American Cancer Society projects that 2,670 new cases of invasive breast cancer will be diagnosed in men in 2019, and about 500 men will die from it.
• Owing to the rising demands for less invasive treatment procedures, the Europe market is expected to create a larger revenue pocket in the global market by 2023.
• Invasive alien species pose a threat to native European biodiversity and cost the EU annual damages worth €12 billion as a result of IAS effects on human health, damaged infrastructure, and agricultural losses.
• It's estimated that 268,600 new cases of invasive breast cancer will be diagnosed in women this year alone.
• In 2019 the American Cancer Society estimates there will be 1.762 million new cases of invasive cancer diagnosed in the United States.
• Over the next 30 years superbugs could kill 1.1 million people in North America and Australia and 1.3 million in Europe.
• Invasive species and habitat loss are the biggest threats to Australian biodiversity.

Last updated: 10 January 2021