The global demand for Transcranial Electrical Stimulators Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Transcranial electrical stimulators are the non-invasive brain stimulators that use electrical current, which passes through the cortex of the brain and change the brain function. Transcranial electrical stimulation is a painless technique that uses two or more electrodes to apply an electric current to the patient's scalp. The current penetrates through the patient's scalp and gets conducted through the brain. The electrical current that passes through the brain alters the neuronal excitability and changes the brain function. The transcranial electrical stimulation technique aids the researchers in studying the behavioral changes. It includes various techniques such as alternating current stimulation (tACS ), transcranial direct current stimulation (tDCS), and random noise stimulation (tRNS). Transcranial electrical stimulation is an effective rehabilitation tool that helps patient's suffering from brain injuries and psychiatric conditions like major depressive disorder.
Market Dynamics
The global transcranial electrical stimulators market is driven by increasing prevalence of psychological and neurological disorders and growing awareness about neurogenerative disorders. Furthermore, factors such as advancement in medical and healthcare technology, increasing research on neuro-modulation, growing geriatric populations, and emerging economies are boosting the global transcranial electrical stimulators market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of transcranial electrical stimulators.
Market Segmentation
The entire transcranial electrical stimulators market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Transcranial Direct Current Stimulation (tDCS)
- Transcranial Alternating Current Stimulation (tACS)
- Transcranial Pulsed Current Stimulation (tPCS)
- Transcranial Random Noise Stimulation (tRNS)
By Applications
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for transcranial electrical stimulators market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Transcranial Electrical Stimulators Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the transcranial electrical stimulators market include Magstim, NeuroCare Group, Neuroelectrics, Newronika, Rogue Resolutions, Soterix Medical. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.