Transcranial Magnetic Stimulation Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The 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. 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.
Markntel Advisor’s Transcranial Magnetic Stimulation Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Transcranial Magnetic Stimulation Market drivers, barriers, Transcranial Magnetic Stimulation Market Trends, and Key Players in Transcranial Magnetic Stimulation Market.
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Transcranial Magnetic Stimulation Market Dynamics: 2025-2030
Transcranial Magnetic Stimulation Market Driver:
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.
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Transcranial Magnetic Stimulation Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Type
o Deep Transcranial Magnetic Stimulator- Market Size & Forecast 2020-2030, USD Million
o Repetitive Transcranial Magnetic Stimulator- Market Size & Forecast 2020-2030, USD Million
o Others- Market Size & Forecast 2020-2030, USD Million
According to report, Based on the type, repetitive transcranial magnetic stimulation (rTMS) leads the market with a share of around 52%.
· By Application
o Depression Treatment- Market Size & Forecast 2020-2030, USD Million
o Tinnitus Treatment- Market Size & Forecast 2020-2030, USD Million
o Alzheimer's Disease Treatment- Market Size & Forecast 2020-2030, USD Million
o Epilepsy Treatment- Market Size & Forecast 2020-2030, USD Million
o Stroke Rehabilitation- Market Size & Forecast 2020-2030, USD Million
o Parkinson’s Disease Treatment- Market Size & Forecast 2020-2030, USD Million
o Others- Market Size & Forecast 2020-2030, USD Million
According to report, Alzheimer’s disease is mainly treated using the TMS system, thus holding a market share of around 40%.
· By Frequency
o Low-frequency RTMS- Market Size & Forecast 2020-2030, USD Million
o High-frequency RTMS- Market Size & Forecast 2020-2030, USD Million
· By Age Group
o Adults- Market Size & Forecast 2020-2030, USD Million
o Children- Market Size & Forecast 2020-2030, USD Million
· By End User
o Hospitals- Market Size & Forecast 2020-2030, USD Million
o Clinics- Market Size & Forecast 2020-2030, USD Million
o Ambulatory Surgical Centers- Market Size & Forecast 2020-2030, USD Million
o Diagnostic Centers- Market Size & Forecast 2020-2030, USD Million
o Others- Market Size & Forecast 2020-2030, USD Million
· By Region
o North America
o South America
o Europe
o The Middle East and Africa
o Asia-Pacific
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Transcranial Magnetic Stimulation Market:
- BrainsWay
- Magstim
- Nexstim
- Salience Health
- MagVenture A/S
- eNeura Inc.
- Neuronetics, Inc.
- Neuromodec
- Neurosoft
- Seber Medical
- Soterix Medical, Inc.
- AXILUM ROBOTICS
- MAG & More GmbH
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