Press release
Transcranial Magnetic Stimulation Market Revenue Projected to Reach USD 2.26 Billion by 2030, Growing at a CAGR of 9%
Transcranial Magnetic Stimulation Market Forecast
• The Transcranial Magnetic Stimulation Market is expected to grow at a CAGR of approximately 9% from 2025 to 2030.
• North America will continue to dominate the Transcranial Magnetic Stimulation Market, holding around 36% of the global share.
• Repetitive Transcranial Magnetic Stimulation (rTMS) remains the market leader with a share of approximately 52%.
• The rising prevalence of Alzheimer's disease and severe depression is anticipated to significantly drive Transcranial Magnetic Stimulation Market growth.
• Increased insurance coverage for TMS treatments will likely stimulate further demand across various regions.
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Competitive Landscape of the Transcranial Magnetic Stimulation Market
The competitive landscape of the Global Transcranial Magnetic Stimulation Market is characterized by the presence of several key players committed to advancing TMS therapy and expanding their market reach. Key companies include:
• BrainsWay
• Magstim
• Nexstim
• Salience Health
• MagVenture A/S
• eNeura Inc.
• Neuronetics, Inc.
• Neuromodec
• Neurosoft
• Seber Medical
• Soterix Medical, Inc.
• AXILUM ROBOTICS
• MAG & More GmbH
• Others
These companies are focused on innovation, product development, and strategic partnerships to enhance their market presence and provide cutting-edge TMS solutions.
Key Takeaways from the Transcranial Magnetic Stimulation Market Report
The Global Transcranial Magnetic Stimulation Market is on an upward trajectory, driven by a convergence of factors including the rise in neurological disorders, advancements in TMS technology, and increasing recognition of TMS as an effective treatment modality. A significant emphasis on product innovation and regional expansion by key market players creates further opportunities for growth. As mental health awareness improves across various demographics, the Transcranial Magnetic Stimulation Market is set to achieve robust growth by 2030.
Recent Development in the Transcranial Magnetic Stimulation Market
• In 2024, BrainsWay received its 10th FDA approval for its Deep TMS system, allowing treatment for patients aged up to 86 years, thus broadening eligibility for late-life depression treatment. This initiative underlines the company's commitment to expanding the applicability of Transcranial Magnetic Stimulation technology and addresses the rising demand for effective mental health treatments among older adults.
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Transcranial Magnetic Stimulation Market Segmentation
By Type
> Deep Transcranial Magnetic Stimulator
> Repetitive Transcranial Magnetic Stimulator
> Others
By Application
> Depression Treatment
> Tinnitus Treatment
> Alzheimer's Disease Treatment
> Epilepsy Treatment
> Stroke Rehabilitation
> Parkinson's Disease Treatment
> Others
By Frequency
> Low-frequency RTMS
> High-frequency RTMS
By Age Group
> Adults
> Children
By End User
> Hospitals
> Clinics
> Ambulatory Surgical Centers
> Diagnostic Centers
> Others
By Region
> North America
> South America
> Europe
> The Middle East and Africa
> Asia-Pacific
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Frequently Asked Questions (FAQs)
• What is the expected growth rate of the Transcranial Magnetic Stimulation Market during 2025-2030?
• How large is the Transcranial Magnetic Stimulation Market currently?
• What are the primary factors driving the growth of the Transcranial Magnetic Stimulation Market?
• Which companies currently lead the Transcranial Magnetic Stimulation Market?
• What application holds the largest market share in the Transcranial Magnetic Stimulation Market?
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