The global demand for Transcranial Magnetic Stimulator Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020 - 2027.
Transcranial magnetic stimulation (TMS) refers to a non-invasive brain stimulation method that uses magnetic induction forces focusing on a specific brain area. The electromagnetic induction is created from a coil using electricity, and these pulses travel through the cranium or skull to its specified receptor area of the brain. Different brain stimulation methods are available, including electroconvulsive therapy and deep brain stimulation techniques; presently, the transcranial magnetic stimulation technique is the most widely accepted brain stimulation method. Transcranial magnetic stimulator devices include a coil and a system for analyzing and detecting the therapy's effects. The coils used in TMS equipment are made of different materials, such as a coil made up of magnetically inert material or a magnetically active material, depending upon the variations and biophysical characteristics required.
Major factors that are responsible for boosting the growth of the market over the forecast period are rising pervasiveness of neurological issue including schizophrenia and different issue, flooding geriatric populace prompting expanding cerebrum issue related with age, developing utilizations of the transcranial attractive incitement strategy in conclusion and treatment of the neurological problem, good repayments, and new and mechanically propelled items presented by producers, for example, neuro-exploring triggers in the worldwide market. However, more patients choosing electroconvulsive therapy can create problems for the growth of the 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 segment in the global market of transcranial magnetic stimulator.
The report segments the transcranial magnetic stimulator market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
- Single pulse transcranial magnetic stimulators
- Repetitive pulse transcranial magnetic stimulators
- Parkinson’s Disease
- Psychiatric Disorders
This section covers regional segmentation which accentuates on current and future demand for transcranial magnetic stimulator 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.
Europe Transcranial Magnetic Stimulator Market by Revenue (USD MN)
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 magnetic stimulator market include Brainsway, Dr. Langer Medical, eNeura, MAG & More, Magstim, MagVenture, Neuronetics, Neurosoft, Nexstim, Remed, Yiruide, S. 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.