The Future of Brain-Computer Interfaces: A New Era of Human-Machine Interaction

Imagine a world where people can control objects with their minds, where brain-computer interfaces (BCIs) have become a reality.

TL;DR
• Brain-computer interfaces are a cutting-edge technology that enables people to control objects with their minds.
• The industry is expected to grow rapidly in the next few years, with potential applications in various industries.
• Key technological breakthroughs include invasive, semi-invasive, and non-invasive methods.

Summary
The brain-computer interface industry is experiencing significant growth, driven by technological advancements and increasing policy support. In 2025, the industry saw a surge in clinical trials, financing events, and policy initiatives, which are expected to propel the industry into a critical stage of industrialization.

Key factors contributing to the industry's growth include:
• Policy support: Governments have introduced supportive policies, and local governments have set up special funds to encourage development.
• Clinical practice: Breakthroughs have been made in multiple technical routes, including invasive, semi-invasive, and interventional methods.
• Financing: There were 24 financing events in the domestic brain-computer interface field from January to November 2025, a year-on-year increase of 30%.
• Industry: The supporting industrial chain is taking shape, with over 40 clinical research wards established across the country.

The industry is expected to benefit from the increasing demand, with core sectors facing growth opportunities. The upstream focuses on core components such as electrodes and chips, while the midstream emphasizes systems and algorithms. The downstream focuses on application scenarios, including rehabilitation equipment and neuromodulation devices.

Technological breakthroughs are continuously amplifying the value of brain-computer interfaces, enabling direct communication between the brain and devices. Invasive interfaces offer the best signal quality and can accurately capture neural activities, representing the future industrial trend.

Investment advice includes focusing on technology-leading enterprises, clinical implementation-oriented enterprises, and those with industrial chain synergy. It is recommended to make long-term investments in high-quality enterprises with deep technological barriers and core resources to seize the long-term growth dividends of the industry.

The brain-computer interface industry is moving from clinical verification to large-scale implementation, with an expected increase in demand. Enterprises related to core components and clinical implementation are expected to be the first to enjoy the industrial dividends.

As brain-computer interfaces continue to advance, we can expect to see new and innovative applications in various industries, revolutionizing the way we interact with technology.