The global transcranial magnetic stimulator market size is accounted over USD 2.1 Billion by 2026 and growing at CAGR 9.0% during the forecast period 2019-2026.
Transcranial magnetic stimulators are widely used in the treatment of brain and neurological diseases. The transcranial magnetic stimulators is a non-invasive technique which applies magnetic pulses to the brain that uses magnetic field to reduce chronic pain and stimulate nerve cells in the brain. During last few years, the demand for the transcranial magnetic stimulators have increased significantly owing to the increasing prevalence of the various neurological diseases. Increasing awareness about health, rising population and changing lifestyle have driven the growth of the transcranial magnetic stimulator market. Many government and private organization are trying to educate the people about various application and benefits of the transcranial magnetic stimulator which have supported the growth of the transcranial magnetic stimulators market. On the other hand, limited penetration of the transcranial magnetic stimulator in developing countries in Asia and Africa, high prices may slow the growth of the transcranial magnetic stimulator market.
The market research study on “Transcranial Magnetic Stimulator Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global Transcranial magnetic stimulator market. The report also analyzes the key players operating in Transcranial magnetic stimulator market and identifies the key strategies deployed by them along with the market share of leading players.
The global Transcranial magnetic stimulator market is segmented as below:
Transcranial magnetic stimulator Market By Type
Transcranial magnetic stimulator Market By Application
Transcranial magnetic stimulator Market by Geography
- North America
- Europe
- UK
- France
- Sweden
- Norway
- Denmark
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Singapore
- India
- Rest of Asia-Pacific
- Rest of the World
- UAE
- Qatar
- Saudi Arabia
- South Africa
- Rest of the World
The key trends supporting the transcranial magnetic stimulator market growth includes increasing awareness and huge number of people suffering from mental function.
The transcranial magnetic stimulator is segmented by type and application. On the basis of type, the global transcranial magnetic stimulator is segmented into dTMS, rTMS, and others
On the basis of application, the market is segmented into depression, and epilepsy. Depression application segment is the fastest growing segment owing to the factors such as global leading cause of disability. According to the WHO, over half of with depression are receiving treatment such as medication and therapies. Additionally, changing lifestyle has led to increased the prevalence of the number of patient suffering from depression.
Geographically, the transcranial magnetic stimulator market is segmented into North America, Europe, Asia Pacific, (LAMEA).
North America is expected to hold major market share during forecast period owing to high presence of huge patient suffering from various neurological diseases, rising geriatric population and well developed economy. Additionally, increasing number of surgeries coupled with the high healthcare spending have supported the growth of the North America transcranial magnetic stimulators market across the globe. In 2015, According to the Federal Interagency Forum, over, 15.1% populations were above 65 aged in North America. U.S. holds the major share of over 75% in North America transcranial magnetic stimulators market.
Europe is expected to second leading position in the global transcranial magnetic stimulator market. Adoption of advanced devices and treatment methods, well awareness among the people and huge patient pool are the major drivers of the transcranial magnetic stimulator market. Favorable government support and desecrating lifestyle have supported the transcranial magnetic stimulator market growth.
Asia Pacific is expected to be fastest growing market for transcranial magnetic stimulator owing to the presence of huge population suffering from neurological diseases and lifestyle such as diabetes are major diving factor in this region. Presence of rapidly developing economy, rising government support and increasing healthcare spending have boosting the growth of transcranial magnetic stimulator market in Asia Pacific. India and China holds the major share in the Asia Pacific transcranial magnetic stimulators market owing to the increasing government support and increasing spending power of the people.
The LAMEA transcranial magnetic stimulator market is majorly driven by increasing number of people suffering from brain and neurological, increasing awareness regarding availability of advanced treatment, and increasing government support. Rising geriatric population, and increasing government support have supported the growth of the transcranial magnetic stimulator market.
Some of the major players analyzed and profiles in this market include Brainsway Ltd., Nexstim Plc, Magstim, Neuronetics Inc., TMS Neurosolutions, Mag Venture, and eNeura Inc.
Being a nascent market, many new companies many enter in the market in near future which will increase the competitive rivalry. Continuously increasing demand for the advanced treatment favored the international players to withstand in the market. Additionally, price reduction strategies and introduction of technologically advanced products undertaken by key players will fuel the market growth and competition in the market.
All the major players in the market are focusing on technological advancements, launch of new types of TMS, and growth strategies, such as mergers and acquisitions.
For instance, in September 2017, eNeura Inc., received FDA approval for eNeura spring TMS.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Transcranial Magnetic Stimulator
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Transcranial Magnetic Stimulator Market By Type
1.2.2.1. Global Transcranial Magnetic Stimulator Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Transcranial Magnetic Stimulator Market Revenue Share By Type in 2017
1.2.2.3. dTMS
1.2.2.4. rTMS
1.2.2.5. Others
1.2.3. Transcranial Magnetic Stimulator Market By Application
1.2.3.1. Global Transcranial Magnetic Stimulator Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Transcranial Magnetic Stimulator Market Revenue Share By Application in 2017
1.2.3.3. Depression
1.2.3.4. Epilepsy
1.2.4. Transcranial Magnetic Stimulator Market by Geography
1.2.4.1. Global Transcranial Magnetic Stimulator Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Transcranial Magnetic Stimulator Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Transcranial Magnetic Stimulator Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Transcranial Magnetic Stimulator Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Transcranial Magnetic Stimulator Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Transcranial Magnetic Stimulator Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Transcranial Magnetic Stimulator Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Transcranial Magnetic Stimulator Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Transcranial Magnetic Stimulator Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Transcranial Magnetic Stimulator Major Manufacturers in 2017
CHAPTER 4. TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY TYPE
4.1. Global Transcranial Magnetic Stimulator Revenue By Type
4.2. dTMS
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. rTMS
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY APPLICATION
5.1. Global Transcranial Magnetic Stimulator Revenue By Application
5.2. Depression
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Epilepsy
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
6.1. North America Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Transcranial Magnetic Stimulator Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
7.1. Europe Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
8.1. Asia-Pacific Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
9.1. Latin America Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
10.1. Middle East Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. AFRICA TRANSCRANIAL MAGNETIC STIMULATOR MARKET BY COUNTRY
11.1. Africa Transcranial Magnetic Stimulator Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Transcranial Magnetic Stimulator Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Brainsway Ltd.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Nexstim Plc
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Magstim
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Neuronetics Inc.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. TMS Neuro solutions
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Mag Venture
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. eNeura Inc
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Others
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope