Magnetoencephalography System Market Share Accelerated by Advancements in Non-Invasive Brain Diagnostics | Valuates Reports

Magnetoencephalography System Market
The global Magnetoencephalography System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.

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The Magnetoencephalography (MEG) System Market is witnessing strong expansion, driven by the increasing need for non-invasive and high-resolution brain mapping technologies. As healthcare systems prioritize early diagnosis and precision neuroimaging, MEG systems are gaining traction across neurology centers and research institutions.

By type, the Liquid Helium-free Magnetoencephalography System segment is emerging as the fastest-growing due to its lower operational costs, compact design, and reduced dependency on cryogenics. This segment is quickly capturing market share from the Liquid Helium Superconducting MEG Systems, which, despite their dominance in legacy installations, are costlier to maintain and operate.

By application, Brain Function Localization accounts for the leading share, owing to rising demand from neurosurgeons and researchers requiring accurate, real-time mapping for surgical planning and cognitive studies. Meanwhile, Epilepsy Diagnosis is another core application area, as MEG systems offer superior detection of epileptogenic zones compared to traditional methods. Neuropsychiatric Disease Diagnosis, including for conditions like schizophrenia and autism, is gaining relevance with the expansion of research programs. The Other segment includes applications in brain-computer interface development and advanced neuroscience research, contributing to the market's innovation pipeline.

With growing investments in brain health, neuroscience research, and precision diagnostics, the Magnetoencephalography System Market is positioned for steady growth. Future market share gains are expected through system miniaturization, AI-based signal processing, and wider adoption across emerging economies.

Segment by Type

• Liquid Helium-free Magnetoencephalography System
• Liquid helium Superconducting Magnetoencephalography System

Segment by Application
• Brain Function Localization
• Epilepsy Diagnosis
• Neuropsychiatric Disease Diagnosis
• Other

By Company

Compumedics Neuroscan, RICOH, CTF MEG NEURO INNOVATIONS, INC., MEGIN, Beijing Kunmai Medical Technology Co., Ltd., Beijing Weici Technology Co., Ltd., Magnetic Wave Intelligent Technology

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