UK Neurotechnology Industry
Discover the UK’s Neurotechnology industry, and the pioneering companies focused on developing technologies that interact with the nervous system. Gain real-time insights into this emerging sector and download our free snapshot report today.
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What is Neurotechnology?
Neurotechnology represents a rapidly emerging sector focused on developing technologies that interact with the nervous system to record, stimulate, or modulate its activity. This field is at the intersection of neuroscience, engineering, and information technology, and encompasses a wide range of applications from medical devices to brain-machine interfaces.
The Neurotechnology RTIC includes three verticals: Invasive Technologies (cochlear implants, deep brain stimulation) that directly interact with neural tissue to restore or enhance functions, Non-Invasive Recording Technologies (EEG, fMRI) that capture neural activity without penetration, and Non-Invasive Stimulating Technologies (TMS, tDCS) that modulate neural activity for therapeutic or cognitive enhancement purposes.
Our RTIC, developed in collaboration with the Department of Science, Innovation & Technology (DSIT) policy experts and analysts, provides an initial mapping of the sector to understand its current scale and scope.
Neurotechnology sector summary
Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.
Here are the key facts about the Neurotechnology sector. The sector has a turnover of £125.8m currently, has received £90.6m of investment and the sector is growing at 11.7% per year.
Neurotechnology verticals
Our industry data goes deep. See the top verticals and specialisms making waves in the UK Neurotechnology industry today.
Our Neurotechnology RTIC is made up of 3 individual verticals. The top verticals in this sector include Non Invasive Technologies – Recording, and Invasive Technologies – Stimulating. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.
- Sector Code Description Records
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RTIC0090 Neurotechnology 64 companies
Companies involved in the Neurotechnology sector. This RTIC has been developed through a collaboration between DSIT policy experts and analysts as an initial attempt to understand the scale of the new sector. To understand the taxonomy or the caveats associated with the RTIC do get in touch with Datacity. The current RTIC will have future updates, if and when there are new sources that are brought to the attention of the DSIT Neurotech team or DSIT deem the list to need a substantive update due to time elapsed or if there are new subsectors to include. To suggest updates, please email The Data City.
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Neurotechnology: Invasive Technologies – Stimulating22 companies
Companies involved in stimulating sub technology such as Cochlear implants ,deep brain nerve stimulation, retinal implants, vestibular implant and electrical spinal cord stimulation (SCS)
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Neurotechnology: Non Invasive Technologies – Recording25 companies
Companies involved in sub technology such as Electroencephalography, Magnetoencephalography, Functional magnetic resonance imaging (fMRI); Magnetic resonance imaging, (MRI) , Functional near-infrared spectroscopy and Mechanomyography
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Neurotechnology: Non Invasive Technologies – Stimulating20 companies
Companies involved in functional electrical stimulation ,transcranial direct current stimulation, transcutaneous electrical nerve stimulation, transcranial magnetic stimulation, tactile stimulation ,transcranial ultrasound stimulation (TUS), vagus nerve stimulation.
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Neurotechnology industry growth
Based on a growth rate of 11.7%, we expect that this sector could be worth £146.7m by 2026. Below you can see our forecast of the growth of the sector.
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