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The global transcranial magnetic stimulator market attained a value of around USD 962.5 million in 2020. The industry is further expected to grow in the forecast period of 2022-2027 at a CAGR of 9% to reach USD 1614 million by 2026.
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The industry growth is driven by a higher prevalence of neurological diseases like Alzheimer's and Parkinson's (PD). The rising awareness of transcranial magnetic stimulator among professionals has increased the industry growth.
Transcranial magnetic stimulation or TMS refers to a non-invasive brain stimulation technique that uses a certain brain area with magnet induction forces. Electromagnetic induction is produced by electricity from a bow, and these pulses pass through the cranium in its specified brain receptor area. There are many different ways for brain stimulation, like electroconvulsive therapy and brain stimulation techniques; however, the most commonly used approach for brain stimulation is the currently transcranial magnetic stimulation technique.
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Based on type, the industry can be divided into:
The industry can be broadly categorised based on its applications into:
The EMR report looks into the regional markets of transcranial magnetic stimulator like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The main drivers anticipated in the transcranial magnetic stimulator market include the increasing prevalence of neurological disorders, like schizophrenia and other disorders, the rising geriatric population, resulting in an increase in age-related brain disorders, the growing use of transcranial magnetic stimulation technique for the diagnosis and treatment of neurological disorders The high effectiveness of electroconvulsive therapy in the treatment of psychotic depression and the increasing numbers of patients taking treatment are, however, likely to be one of the key constraints of the market in transcranial magnetic stimulator during the forecast period.
The report presents a detailed analysis of the following key players in the global transcranial magnetic stimulator market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region|
|Breakup by Product||Deep Transcranial, Repetitive Transcranial, Others|
|Breakup by Application||Alzheimer's Disease, Parkinson's Disease, Depression, Epilepsy, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Brainsway Ltd. (TLV: BWAY), Magstim, Nexstim, Inc FRA: 5NXA, MagVenture, Inc., eNeura Inc., Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Transcranial Magnetic Stimulator Market Analysis
8.1 Key Industry Highlights
8.2 Global Transcranial Magnetic Stimulator Historical Market (2017-2021)
8.3 Global Transcranial Magnetic Stimulator Market Forecast (2022-2027)
8.4 Global Transcranial Magnetic Stimulator Market by Product
8.4.1 Deep Transcranial
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.4.2 Repetitive Transcranial
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.5 Global Transcranial Magnetic Stimulator Market by Application
8.5.1 Alzheimer’s Disease
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.5.2 Parkinson’s Disease
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.6 Global Transcranial Magnetic Stimulator Market by Region
8.6.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 BrainsWay Ltd. (TLV: BWAY)
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.3 Nexstim, Inc. (FRA: 5NXA)
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.4 MagVenture, Inc.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.5 eNeura Inc.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
13 Industry Events and Developments
List of Figures and Tables
1. Global Transcranial Magnetic Stimulator Market: Key Industry Highlights, 2016 and 2026
2. Global Transcranial Magnetic Stimulator Historical Market: Breakup by Product (USD Million), 2017-2021
3. Global Transcranial Magnetic Stimulator Market Forecast: Breakup by Product (USD Million), 2022-2027
4. Global Transcranial Magnetic Stimulator Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Transcranial Magnetic Stimulator Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Transcranial Magnetic Stimulator Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Transcranial Magnetic Stimulator Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Transcranial Magnetic Stimulator Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Transcranial Magnetic Stimulator Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Transcranial Magnetic Stimulator Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Transcranial Magnetic Stimulator Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Transcranial Magnetic Stimulator Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Transcranial Magnetic Stimulator Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Transcranial Magnetic Stimulator Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Transcranial Magnetic Stimulator Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Transcranial Magnetic Stimulator Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Transcranial Magnetic Stimulator Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Transcranial Magnetic Stimulator Market Structure
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