Magnetoencephalography Market: $273.8M in 2022 to $408.8M by 2031, 5.2% CAGR Growth

The global Magnetoencephalography Market reached US$ 273.8 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 408.8 million by 2031. The global Magnetoencephalography market is expected to exhibit a CAGR of 5.2% during the forecast period (2024-2031).

According to DataM Intelligence has published a new research report on "Magnetoencephalography Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Magnetoencephalography (MEG) is a non-invasive neuroimaging technique used to measure the magnetic fields produced by neuronal electrical activity in the brain. By placing a series of highly sensitive magnetometers around the head, MEG can detect and map brain activity with high temporal resolution, making it particularly useful for studying brain functions such as sensory processing, motor control, and cognitive tasks. This technique is often employed in research settings and clinical applications, including the pre-surgical mapping of brain areas responsible for critical functions, and in diagnosing and monitoring neurological conditions like epilepsy and brain tumors.

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➣ Recent Developments:

United States: Recent Industry Developments

✅ In July 2025, MEGIN America partnered with leading neuroscience centers to deploy next-gen Triux Neo MEG systems, offering higher spatial resolution for epilepsy localization and cognitive research.

✅ In June 2025, the National Institutes of Health (NIH) funded a multi-institutional project to integrate AI-driven MEG signal analysis, enabling faster identification of neurological biomarkers for early-stage Alzheimer's and autism spectrum disorders.

✅ In May 2025, Boston Children's Hospital launched a dedicated Pediatric MEG Innovation Lab to enhance functional brain mapping techniques for children undergoing neurosurgical evaluations.

Europe: Recent Industry Developments

✅ In July 2025, Elekta (Sweden) introduced enhanced software upgrades for its Elekta Neuromag MEG platforms, improving noise reduction and real-time event detection for clinical diagnostics.

✅ In June 2025, the UK's Wellcome Centre for Human Neuroimaging began trials of wearable OPM-based MEG that allows patients to move naturally during brain scans-revolutionizing functional brain studies.

✅ In May 2025, Germany's Max Planck Institute adopted hybrid MEG-MRI fusion imaging, enabling deeper analysis of neural connectivity patterns in psychiatric and neurodegenerative disorders.

Asia-Pacific: Recent Industry Developments

✅ In July 2025, Japan's RIKEN Neuroscience Center integrated ultra-sensitive optically pumped magnetometers (OPMs) into next-gen MEG prototypes, offering improved performance in mobile and open-environment brain imaging.

✅ In June 2025, South Korea's Samsung Medical Center launched a national MEG research hub focused on epilepsy surgery planning, leveraging advanced source-localization algorithms for precision neurology.

✅ In May 2025, India's National Brain Research Centre (NBRC) initiated MEG-based cognitive studies focused on neurodevelopmental disorders, expanding the region's capacity for high-end neuroimaging research.

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➣ Top Industry Players:

Compumedics Limited, MEGIN, Ricoh USA, Inc., CTF MEG INTERNATIONAL SERVICES LP, FieldLine Inc., Cerca Magnetics Limited, and Croton healthcare

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➣ Market Segments:

By Application: Clinical, Dementia, Autism, Schizophrenia, Multiple Sclerosis, Stroke, Epilepsy, Others, Research

By End-user: Hospitals, Diagnostic Imaging centers, Academic and Research Institutes

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