Transcranial Magnetic Stimulator (TMS) Market

Publication ⇒Nov-23 Delivery Time ⇒ 5-7 Business Days  Report Code ⇒PBCHC402-10M-OT

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Transcranial Magnetic Stimulator (TMS) Market – Report Overview

Pacific Business Consulting’s “Transcranial Magnetic Stimulator (TMS) Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Transcranial Magnetic Stimulator (TMS) market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Transcranial Magnetic Stimulator (TMS) market exceeded a valuation of over US$ 650.0 million, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 10.0% from 2023 to 2030. The market is expected to potentially surpass US$ 1,100 million by 2030.

The Transcranial Magnetic Stimulator (TMS) is a non-invasive brain stimulation technique that employs magnetic fields to generate electric currents in specific brain areas, making it an effective therapeutic option for various neurological and psychiatric disorders. TMS can modulate cortical excitability and activity, offering advantages such as its non-invasive nature, focused stimulation, a good safety profile, and avoidance of side effects associated with medications or invasive brain stimulation techniques.

The prevalence of neurological disorders, such as Parkinson’s disease (PD), has contributed to the growing demand for alternative therapies like TMS. The Parkinson’s Foundation predicts an increase in the number of PD cases to 1.2 million by 2030. The demand for minimally invasive treatments for neuropsychiatric and neurological conditions has fueled interest in neuromodulatory techniques like TMS.

Ongoing clinical studies and initiatives, such as the #FutureofPD campaign by the Parkinson’s Foundation, aim to raise awareness about PD and its treatments. The global TMS market is expected to witness steady growth, driven by the rising prevalence of neuropsychiatric disorders, increasing awareness of non-invasive brain stimulation therapies, and the aging population’s susceptibility to neurological and mental health issues.

North America currently dominates the TMS market due to favorable reimbursement policies and the strong presence of key players. The Asia Pacific region is anticipated to exhibit the fastest growth, driven by improving healthcare infrastructure, rising healthcare spending, and an increasing incidence of mental illnesses. However, challenges include a lengthy approval process, strict regulations, and a shortage of skilled professionals administering TMS treatment.

Companies in the TMS market are investing in R&D to develop novel products with enhanced effectiveness and comfort. Regulatory clearances for expanded therapeutic applications have catalyzed market growth. For example, Neuronetics, Inc. received FDA clearance for its TMS system to treat anxiety symptoms in patients with Major Depressive Disorder.

TMS has demonstrated promising results in post-stroke rehabilitation, aiding in motor deficits improvement and other impairments. It is increasingly used in neurorehabilitation programs for traumatic brain injury, spinal cord injury, and pediatric rehabilitation. Ongoing research aims to establish efficacy in larger populations. TMS also plays a crucial role in neurophysiology and neuroscience research, offering valuable insights into cortical excitability, network connectivity, neuroplasticity, and other aspects of human brain structure and function. The emerging applications of TMS devices in neurorehabilitation and research present significant opportunities for the market.

Leading players in the Transcranial Magnetic Stimulator (TMS) segment, including Axilum Robotics, Rogue Research Inc., Soterix Medical, eNeura, Inc., Neuroprex Inc., Magstim, BrainsWay, Nexstim Plc, Neuronetics, Inc., Remed, MAG & More GmbH, MagVenture A/S, Neurosoft, Neurolite AG., are expected to play a crucial role in shaping the future landscape of Transcranial Magnetic Stimulator (TMS) technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Transcranial Magnetic Stimulator (TMS) market. It also delves into the analysis of present and prospective market competition within the global Transcranial Magnetic Stimulator (TMS) market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Transcranial Magnetic Stimulator (TMS) market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Transcranial Magnetic Stimulator (TMS) market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
  1. Executive Summary: Transcranial Magnetic Stimulator (TMS)
    • Global Market Outlook: Transcranial Magnetic Stimulator (TMS)
  2. Competitive Intelligence Analysis: Transcranial Magnetic Stimulator (TMS)
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Transcranial Magnetic Stimulator (TMS)
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Transcranial Magnetic Stimulator (TMS)
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Transcranial Magnetic Stimulator (TMS): Ten Major Market (10MM) – Market Analysis, By Technology
    • Deep Transcranial Magnetic Stimulator (dTMS)
    • Repetitive Transcranial Magnetic Stimulator (rTMS)
    • Others
  9. Transcranial Magnetic Stimulator (TMS): Ten Major Market (10MM) – Market Analysis, By Frequency
    • Low-frequency RTMS
    • High-frequency RTMS
  10. Transcranial Magnetic Stimulator (TMS): Ten Major Market (10MM) – Market Analysis, By Application
    • Depression Treatment
    • Epilepsy Treatment
    • Parkinson’s Disease Treatment
    • Stroke Rehabilitation
    • Tinnitus Treatment
    • Alzheimer’s Disease Treatment
    • Other Applications
  11. Transcranial Magnetic Stimulator (TMS): Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. S. Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. K. Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Germany Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. France Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Italy Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Spain Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Japan Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. China Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Australia Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. India Transcranial Magnetic Stimulator (TMS) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Frequency
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Frequency
      • By Application
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

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