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Global Transcranial Magnetic Stimulator Market: By Product: Deep Transcranial, Repetitive Transcranial, Others; By Application: Alzheimer's Disease, Parkinson's Disease, Depression, Epilepsy, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Transcranial Magnetic Stimulator Market Outlook

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.

 

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
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, 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., Magstim, Nexstim, Inc., MagVenture, Inc., eNeura Inc., neurocare group AG, 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 strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
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

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
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
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Repetitive Transcranial
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Others
    8.5    Global Transcranial Magnetic Stimulator Market by Application
        8.5.1    Alzheimer’s Disease
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Parkinson’s Disease
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Depression
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Epilepsy
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Transcranial Magnetic Stimulator Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    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
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    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
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    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    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    BrainsWay Ltd. 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Magstim
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Nexstim, Inc. 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    MagVenture, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    eNeura Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    neurocare group AG
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Key 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

Key Questions Answered in the Report

In 2020, the global transcranial magnetic stimulator market attained a value of nearly USD 962.5 million.

The market is projected to grow at a CAGR of 9% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 1614 million by 2026.

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.

Analyst Review

The global transcranial magnetic stimulator market attained a value of USD 962.5 million in 2020, driven by an increasing prevalence of neurological disorders, like schizophrenia and other disorders. Aided by the growing use of transcranial magnetic stimulation technique for the diagnosis and treatment of neurological disorders, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 9%. The market is projected to reach USD 1614 million by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the industry can be segmented into deep transcranial, repetitive transcranial, and others. On the basis of applications, the industry is segregated into Alzheimer's disease, Parkinson's disease, depression, and epilepsy, among others. The major regional markets for transcranial magnetic stimulators are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BrainsWay Ltd., Magstim, Nexstim, Inc., MagVenture, Inc., eNeura Inc., and neurocare group AG, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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