Press release
Transcranial Direct Current Stimulation Market 2024-2031: Global Industry Size, Share, Growth Trends, and Leading Players Forecast - Soterix Medical Inc., TheBrainDriver LLC, Neurocare group AG, Brainbox Ltd, BrainsWay
The The Global Transcranial Direct Current Stimulation Market reached US$ 1,346.13 million in 2023 and is expected to reach US$ 2,741.88 million by 2031 growing with a CAGR of 9.3% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Transcranial Direct Current Stimulation Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Transcranial Direct Current Stimulation (tDCS) is a non-invasive neuromodulation technique that delivers a low electrical current to the scalp via electrodes. This method aims to modulate neuronal activity, influencing brain functions such as mood, cognition, and behavior. tDCS is often used in research and clinical settings to investigate and treat various neurological and psychiatric disorders, including depression, anxiety, and chronic pain, by enhancing or inhibiting the excitability of specific brain regions.
Key Developments:
In September 2024, Samphire Neuroscience launched Nettle, a medical-grade wearable device aimed at providing a drug-free solution for managing premenstrual syndrome (PMS) and menstrual pain. This innovative wearable utilizes transcranial direct current stimulation (tDCS) to target specific brain areas associated with mood regulation and pain perception. Additionally, in April 2024, Neurovalens, a neurotechnology startup based in Belfast, received FDA clearance for its Modius Stress device, a non-invasive neurostimulation system designed for home use to treat generalized anxiety disorder (GAD).
Research Process:
Both primary and secondary data sources have been used in the global Transcranial Direct Current Stimulation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Transcranial Direct Current Stimulation Market:
Soterix Medical Inc., TheBrainDriver LLC, Neurocare group AG, Brainbox Ltd, BrainsWay, Magstim, eNeura Inc, MagVenture A/S, Nexalin Technology, and RPW Technology LLC.
Segment Covered in the Transcranial Direct Current Stimulation Market:
By Device Type: Depression LTE System, 1*1 tDCS Platform Thebraindriver v2.1 Deluxe System, DC-Stimulator Mobile, Nurostym Transcranial Electrical Stimulation (tES), Others
By Application: Depression, Anxiety, Chronic Pain, Cognitive Impairments
By End-User: Hospitals & Home Use, Neurological Clinics, Ambulatory Surgical Centers, Others
Regional Analysis:
The global Transcranial Direct Current Stimulation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Transcranial Direct Current Stimulation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Transcranial Direct Current Stimulation Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Transcranial Direct Current Stimulation manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Transcranial Direct Current Stimulation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the Transcranial Direct Current Stimulation Market?
A) The The Global Transcranial Direct Current Stimulation Market reached US$ 1,346.13 million in 2023 and is expected to reach US$ 2,741.88 million by 2031 growing with a CAGR of 9.3% during the forecast period 2024-2031.
Q2) Who are the key players of Transcranial Direct Current Stimulation Market?
A) Key players are Soterix Medical Inc., TheBrainDriver LLC, Neurocare group AG, Brainbox Ltd, BrainsWay, Magstim, eNeura Inc, MagVenture A/S, Nexalin Technology, and RPW Technology LLC.
Q3) What are the regions covered in this report?
A) The global Transcranial Direct Current Stimulation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The Transcranial Direct Current Stimulation market is segmented as Device Type, Application and End-User
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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