Transcranial Magnetic Stimulator (TMS) Market is expected to reach US$ 2,029.71 Mn by 2028

by Sameer Joshi or 01-Oct-2021
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Report : Transcranial Magnetic Stimulator (TMS) Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Single or Paired Pulse TMS, Repetitive TMS (rTMS)); Age Group (Adults, Children); Application (Research, Diagnostic, Therapeutic), and Geography

Single or paired pulse TMS Segment to Hold Largest Share of Transcranial Magnetic Stimulator (TMS) Market During 2021-2028

According to our latest study on “Transcranial Magnetic Stimulator (TMS) Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Age Group, and Application,” the market is projected to reach US$ 2,029.71 1,388.29 million by 2028 from US$ 1,122.22 million in 2021; it is expected to grow at a CAGR of 8.8% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market.

Transcranial Magnetic Stimulator (TMS) can be used clinically to measure the activity and function of specific brain circuits in humans, most commonly with single or paired magnetic pulses. TMS is a non-invasive means of electrically stimulating the brain through electromagnetic induction. TMS can be applied as single-pulse TMS to assess cortical reactivity, paired-pulse TMS to probe intracortical inhibition and facilitation, and patterned trains of pulses, termed rTMS, to induce changes in cortical excitability and metabolism that last beyond the stimulation itself. Single or paired pulse TMS can cause neurons in the neocortex under the site of stimulation to depolarize and discharge an action potential.

Based on application, the Transcranial Magnetic Stimulator (TMS) market is segmented diagnostic, therapeutic, and research. In 2021, the diagnostic segment held the largest share of the market and is expected to grow at the fastest CAGR during the coming years.

BrainsWay Ltd, Nexstim, Magstim, Neuronetics, TMS Neuro Solutions, MagVenture, Inc., eNeura Inc., Neurosoft, MAG & More GmbH. are among the leading companies operating in the Transcranial Magnetic Stimulator (TMS) market.

The Report Segments Transcranial Magnetic Stimulator (TMS) Market as Follows:
The Transcranial Magnetic Stimulator (TMS) market is segmented based on type, age group and application. Based on type the market is segmented Single or Paired Pulse TMS and Repetitive TMS (rTMS). Based on age group the segmented into adults and children. Based on the application the market is segmented diagnostic, therapeutic, research.

Geographically, the trade Transcranial Magnetic Stimulator (TMS) market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, and Rest of APAC), Middle East & Africa (Saudi Arabia, South Africa, the UAE, and Rest of MEA), and South and Central America (Brazil, Argentina, and Rest of SCAM
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