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Transcranial Magnetic Stimulator Market

Global Transcranial Magnetic Stimulator Market Share, Size: By Type: Deep Transcranial Magnetic Stimulator, Repetitive Transcranial Magnetic Stimulator, Others; By Application: Alzheimer’s disease, Depression, Parkinson’s disease, Epilepsy, Others; By Population; By End User; Regional Analysis; Supplier Landscape; 2024-2032

Global Transcranial Magnetic Stimulator Market Outlook

The global transcranial magnetic stimulator market size was valued at USD 1.24 billion in 2023, driven by the increasing prevalence of neurological disorders, like schizophrenia, the rising geriatric population, resulting in an increase in age-related brain disorders. The market is anticipated to grow at a CAGR of 9.1% during the forecast period 2024-2032 to reach a value of USD 2.72 billion by 2032.

 

Global Transcranial Magnetic Stimulator Market

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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.

 

Market Segmentation

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.

 

Global Transcranial Magnetic Stimulator Market By Application

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Based on type, the industry can be divided into:

  • Deep Transcranial
  • Repetitive Transcranial
  • Others

The industry can be broadly categorised based on its applications into:

  • Alzheimer's Disease
  • Parkinson's Disease
  • Depression
  • Epilepsy
  • Others

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.

 

Global Transcranial Magnetic Stimulator Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • BrainsWay Ltd.
  • Magstim
  • Nexstim, Inc.
  • MagVenture, Inc.
  • eNeura Inc.
  • neurocare group AG
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Population
  • End User
  • Region
Breakup by Type
  • Deep Transcranial Magnetic Stimulator
  • Repetitive Transcranial Magnetic Stimulator
  • Others
Breakup by Application
  • Alzheimer’s disease
  • Depression
  • Parkinson’s disease
  • Epilepsy
  • Others
Breakup by Population
  • Adults
  • Children
Breakup by End User
  • Research
  • Diagnostics
  • Therapeutics
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • eNeura Inc.
  • Neurosoft
  • Brainsway
  • The Magstim Company Limited
  • MAG & More GmbH
  • Neuronetics
  • Nexstim
  • Axilum Robotics
  • neuroCare Group GmbH
  • Synergy Orthopedics
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions
    1.3    Report Coverage – Key Segmentation and Scope 
    1.4    Research Methodology
2    Executive Summary
3    Transcranial Magnetic Stimulator Market Overview 

    3.1    Transcranial Magnetic Stimulator Market Historical Value (2017-2023) 
    3.2    Transcranial Magnetic Stimulator Market Forecast Value (2024-2032)
4    Transcranial Magnetic Stimulator Market Landscape
    4.1    Transcranial Magnetic Stimulator: Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Transcranial Magnetic Stimulator: Product Landscape
        4.2.1    Analysis by Type
        4.2.2    Analysis by Technology
5    Transcranial Magnetic Stimulator Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model
    5.4    Key Demand Indicators 
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends  
    5.7    Value Chain Analysis
6    Transcranial Magnetic Stimulator Market Segmentation
    6.1    Transcranial Magnetic Stimulator Market by Type
        6.1.1    Market Overview    
        6.1.2    Deep Transcranial Magnetic Stimulator
        6.1.3    Repetitive Transcranial Magnetic Stimulator
        6.1.4    Others 
    6.2    Transcranial Magnetic Stimulator Market by Application
        6.2.1    Market Overview
        6.2.2    Alzheimer’s disease
        6.2.3    Depression
        6.2.4    Parkinson’s disease
        6.2.5    Epilepsy
        6.2.6    Others
    6.3    Transcranial Magnetic Stimulator Market by Population
        6.3.1    Adults
        6.3.2    Children
    6.4    Transcranial Magnetic Stimulator Market by End User
        6.4.1    Research
        6.4.2    Diagnostics
        6.4.3    Therapeutics
    6.5    Transcranial Magnetic Stimulator Market by Region
        6.5.1    Market Overview
        6.5.2    North America
        6.5.3    Europe 
        6.5.4    Asia Pacific
        6.5.5    Latin America
        6.5.6    Middle East and Africa
7    North America Transcranial Magnetic Stimulator Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Transcranial Magnetic Stimulator Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Transcranial Magnetic Stimulator Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Transcranial Magnetic Stimulator Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Transcranial Magnetic Stimulator Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Regulatory Framework
    12.1    Regulatory Overview
        12.1.1    US FDA
        12.1.2    EU EMA
        12.1.3    INDIA CDSCO
        12.1.4    JAPAN PMDA
        12.1.5    Others
13    Patent Analysis
    13.1    Analysis by Type of Patent
    13.2    Analysis by Publication year
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Patent Age
    13.5    Analysis by CPC Analysis
    13.6    Analysis by Patent Valuation 
    13.7    Analysis by Key Players
14    Grants Analysis
    14.1    Analysis by year
    14.2    Analysis by Amount Awarded
    14.3    Analysis by Issuing Authority
    14.4    Analysis by Grant Application
    14.5    Analysis by Funding Institute
    14.6    Analysis by NIH Departments
    14.7    Analysis by Recipient Organization 
15    Clinical Trials Analysis
    15.1     Analysis by Trial Registration Year
    15.2    Analysis by Trial Status
    15.3    Analysis by Trial Phase
    15.4    Analysis by Therapeutic Area
    15.5    Analysis by Geography
16    Funding and Investment Analysis
    16.1    Analysis by Funding Instances
    16.2    Analysis by Type of Funding
    16.3    Analysis by Funding Amount
    16.4    Analysis by Leading Players
    16.5    Analysis by Leading Investors
    16.6    Analysis by Geography
17    Partnership and Collaborations Analysis
    17.1    Analysis by Partnership Instances
    17.2    Analysis by Type of Partnership
    17.3    Analysis by Leading Players
    17.4    Analysis by Geography
18    Supplier Landscape
    18.1    eNeura Inc.
        18.1.1    Financial Analysis
        18.1.2    Product Portfolio
        18.1.3    Demographic Reach and Achievements
        18.1.4    Mergers and Acquisitions
        18.1.5    Certifications
    18.2    Neurosoft
        18.2.1    Financial Analysis
        18.2.2    Product Portfolio
        18.2.3    Demographic Reach and Achievements
        18.2.4    Mergers and Acquisitions
        18.2.5    Certifications
    18.3    Brainsway 
        18.3.1    Financial Analysis
        18.3.2    Product Portfolio
        18.3.3    Demographic Reach and Achievements
        18.3.4    Mergers and Acquisitions
        18.3.5    Certifications
    18.4    The Magstim Company Limited 
        18.4.1    Financial Analysis
        18.4.2    Product Portfolio
        18.4.3    Demographic Reach and Achievements
        18.4.4    Mergers and Acquisitions
        18.4.5    Certifications
    18.5    MAG & More GmbH 
        18.5.1    Financial Analysis
        18.5.2    Product Portfolio
        18.5.3    Demographic Reach and Achievements
        18.5.4    Mergers and Acquisitions
        18.5.5    Certifications
    18.6    Neuronetics 
        18.6.1    Financial Analysis
        18.6.2    Product Portfolio
        18.6.3    Demographic Reach and Achievements
        18.6.4    Mergers and Acquisitions
        18.6.5    Certifications
    18.7    Nexstim 
        18.7.1    Financial Analysis
        18.7.2    Product Portfolio
        18.7.3    Demographic Reach and Achievements
        18.7.4    Mergers and Acquisitions
        18.7.5    Certifications
    18.8    Axilum Robotics 
        18.8.1    Financial Analysis
        18.8.2    Product Portfolio
        18.8.3    Demographic Reach and Achievements
        18.8.4    Mergers and Acquisitions
        18.8.5    Certifications
    18.9    neuroCare Group GmbH 
        18.9.1    Financial Analysis
        18.9.2    Product Portfolio
        18.9.3    Demographic Reach and Achievements
        18.9.4    Mergers and Acquisitions
        18.9.5    Certifications
    18.10    Synergy Orthopedics 
        18.10.1    Financial Analysis
        18.10.2    Product Portfolio
        18.10.3    Demographic Reach and Achievements
        18.10.4    Mergers and Acquisitions
        18.10.5    Certifications
19    Transcranial Magnetic Stimulator - Distribution Model (Additional Insight)
    19.1    Overview 
    19.2    Potential Distributors 
    19.3    Key Parameters for Distribution Partner Assessment 
20    Key Opinion Leaders (KOL) Insights (Additional Insight)
21    Company Competitiveness Analysis (Additional Insight)

    21.1    Very Small Companies
    21.2    Small Companies
    21.3    Mid-Sized Companies
    21.4    Large Companies
    21.5    Very Large Companies
22    Payment Methods (Additional Insight)
    22.1    Government Funded
    22.2    Private Insurance
    22.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The global transcranial magnetic stimulator market reached a value of USD 1.24 billion in 2023.

The market is anticipated to grow at a CAGR of 9.1% during the forecast period of 2024-2032 to reach a value of USD 2.72 billion by 2032.

The major drivers of the industry such as an 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 are expected to aid the market growth.

The key market trend guiding the growth of the industry include the rising awareness of the product among professionals.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Deep transcranial and repetitive transcranial, among others, are the leading transcranial magnetic stimulator products in the industry.

Alzheimer's disease, Parkinson's disease, depression, and epilepsy, among others, are the major application segments of the product in the industry.

The major players in the industry are BrainsWay Ltd., Magstim, Nexstim, Inc., MagVenture, Inc., eNeura Inc., and neurocare group AG, among others.

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