Transcranial Magnetic Stimulation Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2030

 

As per MarkNtel The Global Transcranial Magnetic Stimulation Market size was valued at around USD 1.34 billion in 2024 and is projected to reach USD 2.26 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2025-30.

Transcranial Magnetic Stimulation Market Systems Market Insights:

The main reason behind this growth is the rising awareness among people about the use case of TMS for treating several disorders like depression, Alzheimer’s disease, migraine, stroke rehabilitation, etc. This results in an increasing number of such patients getting their disorders treated. As a result, the demand for TMS systems increases at the health centers, thus pushing the market toward growth.

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Transcranial Magnetic Stimulation Market Systems Market Segmentation:

By Type

  • Deep Transcranial Magnetic Stimulator- Market Size & Forecast 2020-2030, USD Million
  • Repetitive Transcranial Magnetic Stimulator- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million

By Application

  • Depression Treatment- Market Size & Forecast 2020-2030, USD Million
  • Tinnitus Treatment- Market Size & Forecast 2020-2030, USD Million
  • Alzheimer's Disease Treatment- Market Size & Forecast 2020-2030, USD Million
  • Epilepsy Treatment- Market Size & Forecast 2020-2030, USD Million
  • Stroke Rehabilitation- Market Size & Forecast 2020-2030, USD Million
  • Parkinson’s Disease Treatment- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million

By Frequency

  • Low-frequency RTMS- Market Size & Forecast 2020-2030, USD Million
  • High-frequency RTMS- Market Size & Forecast 2020-2030, USD Million

By Age Group

  • Adults- Market Size & Forecast 2020-2030, USD Million
  • Children- Market Size & Forecast 2020-2030, USD Million

By End User

  • Hospitals- Market Size & Forecast 2020-2030, USD Million
  • Clinics- Market Size & Forecast 2020-2030, USD Million
  • Ambulatory Surgical Centers- Market Size & Forecast 2020-2030, USD Million
  • Diagnostic Centers- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million

By Region

  • North America
  • South America
  • Europe
  • The Middle East and Africa
  • Asia-Pacific

Transcranial Magnetic Stimulation Market Recent Development:

  • 2024: BrainsWay gets its 10th FDA approval for its Deep TMS system. With this approval, the upper age limit for the treatment-eligible person is changed from 68 to 86. It becomes the first company to achieve a label for late-life depression treatment.
  • 2024: Magstim launched the Horizon Inspire TMS system and got clearance from the FDA to treat depression, OCD, and anxious depression. The system is user-friendly, cost-effective, and does not have a pay-per-use.

Tap into future trends and opportunities shaping the Transcranial Magnetic Stimulation Market complete report: https://www.marknteladvisors.com/research-library/transcranial-magnetic-stimulation-market.html

Transcranial Magnetic Stimulation Market Drivers:

Rising Cases of Brain-Related Neurological Disorders Across the World – There has been a notable trend in the rising number of cases of brain disorders in the world. These occur due to the improper functioning of brain nerves. For instance, as per the WHO, there are more than 1 billion people worldwide who face some kind of mental disorder in 2023. These problems have to be treated as early as possible, and if ignored, they can go on for months, sometimes years, thus affecting a person’s life. Hence, the demand for TMS increases for its utilization in treating mental disorders in clinics, hospitals, and diagnostic centers. With an increase in cases related to mental disorders, there has been a high use of TMS in healthcare which in turn creates high demand for this equipment, and this trend is expected to increase in the forecast years as well.

Report Highlights Essential Insights for Strategic Decision-Making

  • Detailed market size, share, and forecast analysis
    • In-depth pricing trends and segment-wise cost evaluations
    • Key industry strategies, including innovation, partnerships, and acquisitions
    • Critical value chain analysis and stakeholder profiling
    • Regional import-export market insights and trade flow assessment
    • Thorough competitive benchmarking of top hearing aid manufacturers
    • Identification of new growth opportunities and niche market segments
    • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Transcranial Magnetic Stimulation Market are:

  • BrainsWay
  • Magstim
  • Nexstim
  • Salience Health
  • MagVenture A/S
  • eNeura Inc.
  • Neuronetics, Inc.
  • Neuromodec
  • Neurosoft
  • Seber Medical
  • Soterix Medical, Inc.
  • AXILUM ROBOTICS
  • MAG & More GmbH and others.

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

  • Define objectives and research design
  • Collect data through surveys and interviews
  • Analyze and validate data using reliable tools
  • Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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