Mager: Precision and other BCIs will reach market within five years
Michael Mager · Brain Computer Interface Frontier: Depression, Coma, AI Merge · Sep 5, 2025 · at 1:08:24
Precision Neuroscience CEO Michael Mager outlines the projected commercialization timeline and market growth for therapeutic BCI implants.
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“We expect within five years there to be precision system on the market and maybe one or two others that are making a big clinical impact for people who are severely paralyzed and then expanding from the sort of two and a half billion dollar a year market that the severe paralysis represents to something that's 10 to 15 times that.”
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More from Michael Mager
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“Precision has now done 40 implants. That's more than the rest of the industry combined in the past two years.”
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“So we did our first Patient implant within two years of founding, you know, took Neuralink eight years. It's taken other competitors even longer than that.”
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“I think the companies that are able to record at high fidelity and then transmit the neural data are going to be able to create an ecosystem around them to do all sorts of things that are right now not possible.”
Mager: Precision built a custom fab to overcome domestic supply chain limits
“We actually own the fab in which we do it. There is no domestic supply chain that's capable of this sort of work.”
Mager: Paralyzed patients will seamlessly control video games and software via BCIs
“So what we are going to enable in, in people who are right now paralyzed is seamless control of computers and smartphones and other digital devices in the way that we all frankly take for granted every day. So think about, you know, rich video games productivi…”
Mager: Initial BCI market for severe paralysis is around $2.5B
“There are about 400,000 people who have no use of their arms and hands. And so for them being able to control a computer A computer, a smartphone, a tablet, it's going to be life changing. And we think that that's a sort of two and a half billion dollar market…”