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Transcranial Magnetic Stimulator Market – Key Innovations and Industry Transformation (2024–2032)
Transcranial Magnetic Stimulator Market Size Was Valued at USD 0.22 Billion in 2023, and is Projected to Reach USD 0.43 Billion by 2032, Growing at a CAGR of 7.50% From 2024-2032.
IMR Group
Description
Transcranial Magnetic Stimulator Market Synopsis:
Transcranial Magnetic Stimulator Market Size Was Valued at USD 0.22 Billion in 2023, and is Projected to Reach USD 0.43 Billion by 2032, Growing at a CAGR of 7.50% From 2024-2032.
Transcranial Magnetic Stimulation (TMS) is technique of brain stimulation which does not required surgery and makes use of magnets to activate nerve cells. This method is commonly used for the treatment of illnesses, more specific, neurological and psychiatric illnesses for instance; depression, anxiety, and after-stroke rehabilitation. TMS is the use of brief magnetic pulses passed through a coil placed intervening the scalp which creates electrical currents and influences the neurons. The procedure is relatively safe and efficient which makes it preferable compared to other techniques in practice and experimental research.
The TRSMS market is driven by the rising rates of mental disorders: the statistics show that millions of people suffer from major depressive disorder. It has been discovered that conventional approaches, including drug prescription and counseling, do not work on everyone, provoking the need to use other treatment modalities including TMS. Further, the growing awareness among the health care practitioners regarding the effectiveness of TMS assimilated with the shifting paradigm in treatment preference towards non-invasive technologies has accelerated the growth of market.
Matures markets for TMS devices have also developed due to advanced technology in these devices. Advancements in for instance portable and more effective TMS device have ensured that the therapy gets more demand due to its easy usage by a lot of practitioners. However, continued innovations in using TMS for other neurological and psychiatric disorders such as PTSD and Chronic Pain will on its own spur future demands for the Transcranial Magnetic Stimulator market.
Transcranial Magnetic Stimulator Market Trend Analysis:
Increasing adoption of deep TMS
TMS market is the use of deep TMS, based on an individual coil that allows the penetration field into the brain beyond the intercranial layer. This has shown positive outcome in wider aspect of treatments therefore making it appealing to both the care provider and the clients. Also, the combination of TMS with other forms of treatment like the CBT before, during or after the TMS procedures is progressively becoming popular, this is because multiple therapies for the same disorder may help the patient improve.
one more trend which influence the market is a personalized medicine, when the therapy is based on characteristics of a patient. Current research on biomarkers to differentiate TMS responders from non-responders is steadily increasing so that patients suitable for TMS treatment will be identified. This personalization is believed to improve the overall effectiveness of treatment, making TMS more appealing in the population of mental health applications.
The demand for innovative healthcare solutions is increasing.
A major opportunity is associated with the new markets, specifically the demand for the innovative services in the healthcare industry is rapidly growing in these countries. Thus, as awareness of mental disorders increases in developing nations which include the Asia Pacific and Latin America, there is need to fill the gap through the introduction of TMS technology. It is possible to increase the extent of distribution channels and tie up with local care givers to increase coverage in those countries.
The TMS market has the significant prospect in increasing ongoing research and development investment to augment product innovation. The key revenue driver since TMS is the proven clinical efficacy of TMS therapy, exploring new therapeutic applications of TMS for ADHD, autism, and substance use disorders is beneficial. The future partnerships between different academic institutions and developers from the industry for new clinical trials and innovative TMS products contribute to forward-moving advancements and a higher market potential.
Transcranial Magnetic Stimulator Market Segment Analysis:
Transcranial Magnetic Stimulator Market is Segmented on the basis of Type, Technology, application, End User, and Region.
By Type, Single-Pulse TMS segment is expected to dominate the market during the forecast period
There are different types of TMS depending on the pattern used in stimulating the brain Geography groups Country groups Single-Pulse TMS discharges a single magnetic pulse to the scalp and used primarily for evaluating activity in the brain and locating cortical regions. TPS because two pulses are applied at a short interval to gauge the motor threshold, Spinal motor neurons activation, and cortical inhibitory environment giving light to synaptic operations. r TMS is continuous TMS delivered within a period of time in the form of pulses Simple r TMS mode is useful for therapeutic applications, where for a period of time, changes in the neuronal activity are elicited, especially in the treatment of depression. Theta Burst Stimulation (TBS) is relatively newer technique in which bursts of high frequency stimulation is given has been used and is been seen to increase the effectiveness and efficiency of therapies to a greater extent and at the same reducing the number of sessions. All types of TMS are used for specific objectives in both investigation and treatment of different neurological and psychiatric disorders.
By Application, Depression segment expected to held the largest share
TMS is being used in different clinical setting to help manage number of neurological and psychiatric disorders. Unfortunately, its most significant use is in combination with other medications, specifically in the management of a major depressive disorder in patients who do not improve after standard treatment. The treatment it is also employed in anxiety disorders, having an effect of reducing manifestations using distinct brain areas. As for TMS, it is discussed how effective it might be in treating cognitive impairment and negative effects of schizophrenia.
Also, TMS is used in the rehabilitation of stroke patients since the tool helps facilitate the recovery process by activating the intensifying attributes of the brain related to the motor function. Employing TMS, patients with Parkinson’s disease can modulate brain circuits responsible for symptoms such as motor deficits and tremors. Lastly, treatment of chronic pain is another of the major areas where TMS is used to help in the perception of pain and the overall wellbeing of patients with diseases such as fibromyalgia and neuropathic pain. In total, TMS can be viewed as a universal method in managing the various mental disorders and neurological disorders.
Transcranial Magnetic Stimulator Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
North America hold the largest market share within the Transcranial Magnetic Stimulator market, due to several factors. The region has well developed healthcare, and has high level of concern for mental health, and has focused on innovation as well. Also, receiving support from such agencies as the FDA that has endorsed different TMS systems for clinical applications has boosted the market’s growth. This is supplemented by the availability of key players which enhances the total market of North America and makes it the leading market for TMS.
In addition, the improvement in the number of clinical trials and studies being carried out in North America also substantiate the development of TMS technology. The innovations from the partnerships between the healthcare institutions and technology developers improve the therapy and safety of the TMS devices. As more attempts are made to make it accessible and affordable North America is expected to continue its reign in the Transcranial Magnetic Stimulator market in the near future.
Active Key Players in the Transcranial Magnetic Stimulator Market
BrainsWay (Israel)
CloudTMS (USA)
eNeura (USA)
Magstim (UK)
NeuroStar (USA)
Scientific Brain Training (USA)
TMS NeuroHealth Center (USA)
TMS Therapy (USA)
Transcranial Magnetic Stimulation Technologies, Inc. (USA)
Yale TMS (USA)
Other Active Players.
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Transcranial Magnetic Stimulator Market by Type
4.1 Transcranial Magnetic Stimulator Market Snapshot and Growth Engine
4.2 Transcranial Magnetic Stimulator Market Overview
4.3 Single-Pulse TMS
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Single-Pulse TMS: Geographic Segmentation Analysis
4.4 Paired-Pulse TMS
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Paired-Pulse TMS: Geographic Segmentation Analysis
4.5 Repetitive TMS (rTMS)
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Repetitive TMS (rTMS): Geographic Segmentation Analysis
4.6 Theta Burst Stimulation (TBS)
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Theta Burst Stimulation (TBS): Geographic Segmentation Analysis
Chapter 5: Transcranial Magnetic Stimulator Market by Technology
5.1 Transcranial Magnetic Stimulator Market Snapshot and Growth Engine
5.2 Transcranial Magnetic Stimulator Market Overview
5.3 Portable TMS Devices
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Portable TMS Devices: Geographic Segmentation Analysis
5.4 Desktop TMS Devices)
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Desktop TMS Devices): Geographic Segmentation Analysis
5.5
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 : Geographic Segmentation Analysis
Chapter 6: Transcranial Magnetic Stimulator Market by Application
6.1 Transcranial Magnetic Stimulator Market Snapshot and Growth Engine
6.2 Transcranial Magnetic Stimulator Market Overview
6.3 Depression
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Depression: Geographic Segmentation Analysis
6.4 Anxiety Disorders
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Anxiety Disorders: Geographic Segmentation Analysis
6.5 Schizophrenia
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Schizophrenia: Geographic Segmentation Analysis
6.6 Stroke Rehabilitation
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Stroke Rehabilitation: Geographic Segmentation Analysis
6.7 Parkinson’s Disease
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Parkinson’s Disease: Geographic Segmentation Analysis
6.8 Chronic Pain Management)
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 Chronic Pain Management): Geographic Segmentation Analysis
6.9
6.9.1 Introduction and Market Overview
6.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.9.3 Key Market Trends, Growth Factors and Opportunities
6.9.4 : Geographic Segmentation Analysis
Chapter 7: Transcranial Magnetic Stimulator Market by End User
7.1 Transcranial Magnetic Stimulator Market Snapshot and Growth Engine
7.2 Transcranial Magnetic Stimulator Market Overview
7.3 Hospitals
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Hospitals: Geographic Segmentation Analysis
7.4 Research Institutions
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Research Institutions: Geographic Segmentation Analysis
7.5 Rehabilitation Centers
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Rehabilitation Centers: Geographic Segmentation Analysis
7.6 Others)
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Others) : Geographic Segmentation Analysis
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Benchmarking
8.1.2 Transcranial Magnetic Stimulator Market Share by Manufacturer (2023)
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Mergers and Acquisitions
8.2 NEUROSTAR (USA)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Role of the Company in the Market
8.2.5 Sustainability and Social Responsibility
8.2.6 Operating Business Segments
8.2.7 Product Portfolio
8.2.8 Business Performance
8.2.9 Key Strategic Moves and Recent Developments
8.2.10 SWOT Analysis
8.3 MAGSTIM (UK)
8.4 BRAINSWAY (ISRAEL)
8.5 TRANSCRANIAL MAGNETIC STIMULATION TECHNOLOGIES INC. (USA)
8.6 ENEURA (USA)
8.7 TMS NEUROHEALTH CENTER (USA)
8.8 SCIENTIFIC BRAIN TRAINING (USA)
8.9 CLOUDTMS (USA)
8.10 YALE TMS (USA)
8.11 TMS THERAPY (USA)
8.12 OTHER ACTIVE PLAYERS
Chapter 9: Global Transcranial Magnetic Stimulator Market By Region
9.1 Overview
9.2. North America Transcranial Magnetic Stimulator Market
9.2.1 Key Market Trends, Growth Factors and Opportunities
9.2.2 Top Key Companies
9.2.3 Historic and Forecasted Market Size by Segments
9.2.4 Historic and Forecasted Market Size By Type
9.2.4.1 Single-Pulse TMS
9.2.4.2 Paired-Pulse TMS
9.2.4.3 Repetitive TMS (rTMS)
9.2.4.4 Theta Burst Stimulation (TBS)
9.2.5 Historic and Forecasted Market Size By Technology
9.2.5.1 Portable TMS Devices
9.2.5.2 Desktop TMS Devices)
9.2.5.3
9.2.6 Historic and Forecasted Market Size By Application
9.2.6.1 Depression
9.2.6.2 Anxiety Disorders
9.2.6.3 Schizophrenia
9.2.6.4 Stroke Rehabilitation
9.2.6.5 Parkinson’s Disease
9.2.6.6 Chronic Pain Management)
9.2.6.7
9.2.7 Historic and Forecasted Market Size By End User
9.2.7.1 Hospitals
9.2.7.2 Research Institutions
9.2.7.3 Rehabilitation Centers
9.2.7.4 Others)
9.2.8 Historic and Forecast Market Size by Country
9.2.8.1 US
9.2.8.2 Canada
9.2.8.3 Mexico
9.3. Eastern Europe Transcranial Magnetic Stimulator Market
9.3.1 Key Market Trends, Growth Factors and Opportunities
9.3.2 Top Key Companies
9.3.3 Historic and Forecasted Market Size by Segments
9.3.4 Historic and Forecasted Market Size By Type
9.3.4.1 Single-Pulse TMS
9.3.4.2 Paired-Pulse TMS
9.3.4.3 Repetitive TMS (rTMS)
9.3.4.4 Theta Burst Stimulation (TBS)
9.3.5 Historic and Forecasted Market Size By Technology
9.3.5.1 Portable TMS Devices
9.3.5.2 Desktop TMS Devices)
9.3.5.3
9.3.6 Historic and Forecasted Market Size By Application
9.3.6.1 Depression
9.3.6.2 Anxiety Disorders
9.3.6.3 Schizophrenia
9.3.6.4 Stroke Rehabilitation
9.3.6.5 Parkinson’s Disease
9.3.6.6 Chronic Pain Management)
9.3.6.7
9.3.7 Historic and Forecasted Market Size By End User
9.3.7.1 Hospitals
9.3.7.2 Research Institutions
9.3.7.3 Rehabilitation Centers
9.3.7.4 Others)
9.3.8 Historic and Forecast Market Size by Country
9.3.8.1 Russia
9.3.8.2 Bulgaria
9.3.8.3 The Czech Republic
9.3.8.4 Hungary
9.3.8.5 Poland
9.3.8.6 Romania
9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Transcranial Magnetic Stimulator Market
9.4.1 Key Market Trends, Growth Factors and Opportunities
9.4.2 Top Key Companies
9.4.3 Historic and Forecasted Market Size by Segments
9.4.4 Historic and Forecasted Market Size By Type
9.4.4.1 Single-Pulse TMS
9.4.4.2 Paired-Pulse TMS
9.4.4.3 Repetitive TMS (rTMS)
9.4.4.4 Theta Burst Stimulation (TBS)
9.4.5 Historic and Forecasted Market Size By Technology
9.4.5.1 Portable TMS Devices
9.4.5.2 Desktop TMS Devices)
9.4.5.3
9.4.6 Historic and Forecasted Market Size By Application
9.4.6.1 Depression
9.4.6.2 Anxiety Disorders
9.4.6.3 Schizophrenia
9.4.6.4 Stroke Rehabilitation
9.4.6.5 Parkinson’s Disease
9.4.6.6 Chronic Pain Management)
9.4.6.7
9.4.7 Historic and Forecasted Market Size By End User
9.4.7.1 Hospitals
9.4.7.2 Research Institutions
9.4.7.3 Rehabilitation Centers
9.4.7.4 Others)
9.4.8 Historic and Forecast Market Size by Country
9.4.8.1 Germany
9.4.8.2 UK
9.4.8.3 France
9.4.8.4 The Netherlands
9.4.8.5 Italy
9.4.8.6 Spain
9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Transcranial Magnetic Stimulator Market
9.5.1 Key Market Trends, Growth Factors and Opportunities
9.5.2 Top Key Companies
9.5.3 Historic and Forecasted Market Size by Segments
9.5.4 Historic and Forecasted Market Size By Type
9.5.4.1 Single-Pulse TMS
9.5.4.2 Paired-Pulse TMS
9.5.4.3 Repetitive TMS (rTMS)
9.5.4.4 Theta Burst Stimulation (TBS)
9.5.5 Historic and Forecasted Market Size By Technology
9.5.5.1 Portable TMS Devices
9.5.5.2 Desktop TMS Devices)
9.5.5.3
9.5.6 Historic and Forecasted Market Size By Application
9.5.6.1 Depression
9.5.6.2 Anxiety Disorders
9.5.6.3 Schizophrenia
9.5.6.4 Stroke Rehabilitation
9.5.6.5 Parkinson’s Disease
9.5.6.6 Chronic Pain Management)
9.5.6.7
9.5.7 Historic and Forecasted Market Size By End User
9.5.7.1 Hospitals
9.5.7.2 Research Institutions
9.5.7.3 Rehabilitation Centers
9.5.7.4 Others)
9.5.8 Historic and Forecast Market Size by Country
9.5.8.1 China
9.5.8.2 India
9.5.8.3 Japan
9.5.8.4 South Korea
9.5.8.5 Malaysia
9.5.8.6 Thailand
9.5.8.7 Vietnam
9.5.8.8 The Philippines
9.5.8.9 Australia
9.5.8.10 New Zealand
9.5.8.11 Rest of APAC
9.6. Middle East & Africa Transcranial Magnetic Stimulator Market
9.6.1 Key Market Trends, Growth Factors and Opportunities
9.6.2 Top Key Companies
9.6.3 Historic and Forecasted Market Size by Segments
9.6.4 Historic and Forecasted Market Size By Type
9.6.4.1 Single-Pulse TMS
9.6.4.2 Paired-Pulse TMS
9.6.4.3 Repetitive TMS (rTMS)
9.6.4.4 Theta Burst Stimulation (TBS)
9.6.5 Historic and Forecasted Market Size By Technology
9.6.5.1 Portable TMS Devices
9.6.5.2 Desktop TMS Devices)
9.6.5.3
9.6.6 Historic and Forecasted Market Size By Application
9.6.6.1 Depression
9.6.6.2 Anxiety Disorders
9.6.6.3 Schizophrenia
9.6.6.4 Stroke Rehabilitation
9.6.6.5 Parkinson’s Disease
9.6.6.6 Chronic Pain Management)
9.6.6.7
9.6.7 Historic and Forecasted Market Size By End User
9.6.7.1 Hospitals
9.6.7.2 Research Institutions
9.6.7.3 Rehabilitation Centers
9.6.7.4 Others)
9.6.8 Historic and Forecast Market Size by Country
9.6.8.1 Turkiye
9.6.8.2 Bahrain
9.6.8.3 Kuwait
9.6.8.4 Saudi Arabia
9.6.8.5 Qatar
9.6.8.6 UAE
9.6.8.7 Israel
9.6.8.8 South Africa
9.7. South America Transcranial Magnetic Stimulator Market
9.7.1 Key Market Trends, Growth Factors and Opportunities
9.7.2 Top Key Companies
9.7.3 Historic and Forecasted Market Size by Segments
9.7.4 Historic and Forecasted Market Size By Type
9.7.4.1 Single-Pulse TMS
9.7.4.2 Paired-Pulse TMS
9.7.4.3 Repetitive TMS (rTMS)
9.7.4.4 Theta Burst Stimulation (TBS)
9.7.5 Historic and Forecasted Market Size By Technology
9.7.5.1 Portable TMS Devices
9.7.5.2 Desktop TMS Devices)
9.7.5.3
9.7.6 Historic and Forecasted Market Size By Application
9.7.6.1 Depression
9.7.6.2 Anxiety Disorders
9.7.6.3 Schizophrenia
9.7.6.4 Stroke Rehabilitation
9.7.6.5 Parkinson’s Disease
9.7.6.6 Chronic Pain Management)
9.7.6.7
9.7.7 Historic and Forecasted Market Size By End User
9.7.7.1 Hospitals
9.7.7.2 Research Institutions
9.7.7.3 Rehabilitation Centers
9.7.7.4 Others)
9.7.8 Historic and Forecast Market Size by Country
9.7.8.1 Brazil
9.7.8.2 Argentina
9.7.8.3 Rest of SA
Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies
Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
Q1: What would be the forecast period in the Transcranial Magnetic Stimulator Market research report?
A1: The forecast period in the Transcranial Magnetic Stimulator Market research report is 2024-2032.
Q2: Who are the key players in the Transcranial Magnetic Stimulator Market?
A2: NeuroStar (USA), Magstim (UK), BrainsWay (Israel), Transcranial Magnetic Stimulation Technologies, Inc. (USA), eNeura (USA), TMS NeuroHealth Center (USA), Scientific Brain Training (USA), CloudTMS (USA), Yale TMS (USA), TMS Therapy (USA) and Other Active Players.
Q3: What are the segments of the Transcranial Magnetic Stimulator Market?
A3: The Transcranial Magnetic Stimulator Market is segmented into by Type (Single-Pulse TMS, Paired-Pulse TMS, Repetitive TMS (rTMS), Theta Burst Stimulation (TBS)), Technology (Portable TMS Devices, Desktop TMS Devices), Application (Depression, Anxiety Disorders, Schizophrenia, Stroke Rehabilitation, Parkinson’s Disease, Chronic Pain Management), End User (Hospitals, Research Institutions, Rehabilitation Centers, Others). By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
Q4: What is the Transcranial Magnetic Stimulator Market?
A4: Transcranial Magnetic Stimulation (TMS) is technique of brain stimulation which does not required surgery and makes use of magnets to activate nerve cells. This method is commonly used for the treatment of illnesses, more specific, neurological and psychiatric illnesses for instance; depression, anxiety, and after-stroke rehabilitation. TMS is the use of brief magnetic pulses passed through a coil placed intervening the scalp which creates electrical currents and influences the neurons. The procedure is relatively safe and efficient which makes it preferable compared to other techniques in practice and experimental research.
Q5: How big is the Transcranial Magnetic Stimulator Market?
A5: Transcranial Magnetic Stimulator Market Size Was Valued at USD 0.22 Billion in 2023, and is Projected to Reach USD 0.43 Billion by 2032, Growing at a CAGR of 7.50% From 2024-2032.
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