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Transcranial Magnetic Stimulator Global Market Report 2025: Escalating Market Size and Growth Driven by Increasing Prevalence of Neurological Diseases
Transcranial Magnetic Stimulator Market Size
What Is The Projected Market Size Of The Global Transcranial Magnetic Stimulator Market And Its Growth Rate?
The transcranial magnetic stimulator market has witnessed a strong growth with:
•Market size of $1.29 billion in 2024 growing to $1.4 billion in 2025
•CAGR of 8.7% driven by competitive market dynamics, market adoption, regulatory changes, and healthcare infrastructure
•Estimated growth to $2.04 billion in 2029 at a CAGR of 9.9% anticipated due to investment and funding, healthcare adoption, competitive landscape, and market expansion.
What Is Driving The Growth In The Transcranial Magnetic Stimulator Global Market Report 2025?
The escalating number of neurological diseases worldwide is propelling the growth of the transcranial magnetic stimulator market. Transcranial magnetic stimulation (TMS) has shown potential in treating a variety of neurological and psychiatric disorders. Its application ranges from treating conditions like stroke, spasticity, migraine, dementia, to movement disorders. Reports by WHO in March 2023 revealed that approximately 280 million people globally suffered from depression. Furthermore, the National Institute of Mental Health (NIMH) indicated that 66% of US adults aged 18 or older with major depressive episodes received treatment in 2021. A study by the Parkinson's Foundation in December 2022 revealed tragic numbers indicating that people living with Parkinson's disease (PD) would increase from 930,000 in 2020 to a staggering 1.2 million by 2030. These rising figures underline the increasing prevalence of neurological diseases, which is expected to propel the growth of the transcranial magnetic stimulator market.
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Who Are the Key Players Driving Transcranial Magnetic Stimulator Global Market Report 2025 Growth?
Notable companies operating in the transcranial magnetic stimulator market include:
•BrainsWay Ltd.
•Nexstim Plc.
•The Magstim Company Limited
•Neuronetics Inc.
•TMS Neuro Solutions
•MagVenture Inc.
•eNeura Inc.
•MAG & More GmbH
•neurocare group AG
•Axilum Robotics
•Salience TMS Neuro Solutions
•Terumo BCT Inc.
•Neurosoft
•BrainsGate Ltd.
•NeuroStar Advanced Therapy
•Neuroelectrics
•Yiruide Neurotech
•Rhythmia Medical
•CloudTMS
•Pulse TMS
•Neuronavigation
•MagPro Magnetics A/S
•BrainSight
•MindMaze
•NeuroConn GmbH
•Neurofield Inc.
•Neurotargeting LLC
•Neuro-Fit Systems Inc.
What Are The Key Trends In The Transcranial Magnetic Stimulator Global Market Report 2025?
Key trends to look out for are:
•Advancements in clinical research
•Increasing mental health awareness
•Changes in regulatory framework
•Growing demand for non-invasive therapies
•Evolution of technology
What Are The Segments Of The Global Transcranial Magnetic Stimulator Market?
1) By Type: Deep Transcranial Magnetic Stimulator (dTMS), Repetitive TMS (rTMS), Other Types
2) By Age: Children, Adults
3) By Application: Parkinson's Disease, Depression, Alzheimer's Disease, Epilepsy, Other Applications
Which Region Leads The Transcranial Magnetic Stimulator Global Market Report 2025?
North America led the transcranial magnetic stimulator market in 2024. However, it's Asia-Pacific that is expected to be the fastest-growing region during the forecast period. The regions covered in the transcranial magnetic stimulator market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Transcranial Magnetic Stimulator Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Transcranial Magnetic Stimulator Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Transcranial Magnetic Stimulator Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Transcranial Magnetic Stimulator Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Transcranial Magnetic Stimulator Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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