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Medical Device Asia-Pacific Transcranial Magnetic Stimulator Market...

Asia-Pacific Transcranial Magnetic Stimulator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [Single or Paired Pulse TMS and Repetitive TMS (rTMS)], Age Group (Adults and Children), and Application (Research, Diagnostics, and Therapeutics)

TIPRE00024821 | Pages: 95 | Medical Device | Sep 2021 | Type: Regional | Status: Published

Market Introduction

APAC region includes countries such as India, China, Japan, and Rest of APAC. This region accounted for high market share of the transcranial magnetic stimulator (TMS) market owing to the large population countries such as China and India, increasing focus of market players, and introduction of new products in the country. Thus, there is a huge potential for transcranial magnetic stimulator (TMS) market during the forecast period owing to the above-mentioned reasons. The APAC region is the fastest growing market for transcranial magnetic stimulator (TMS) across the globe. The factors such as increased in healthcare spending and availability of advanced technology help to boost the growth of the Transcranial Magnetic Stimulator (TMS) market in the region.

In APAC, the COVID-19 pandemic has led to significant slowdown in the economies of China, India, and South Korea, among others. It has disrupted the dynamics of healthcare sectors in these countries. Various companies have closed their manufacturing plants in China. On the contrary, India has escalated the production of medical devices, pharmaceutical drugs, and personal protective equipment. Activities of the transportation sector have been revised, depending on the positivity rate of COVID-19 infection in India, among other countries in the region, which has impacted the trade business of the region. Many international medical device manufacturing companies have their production plants in China, but the country has faced a significant impact of the pandemic. With the rapid pace of vaccination in the countries in APAC, the transcranial magnetic stimulator market is expected to bounce back in the coming years.                   


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Market Overview and Dynamics

The transcranial magnetic stimulator market in APAC is expected to grow from US$ 264.28 million in 2021 to US$ 499.10 million by 2028; it is estimated to grow at a CAGR of 9.5% from 2021 to 2028. Neurological disorders affect the brain and nerves of the human body and cause epilepsy and seizures, Parkinson's disease, dementia, autism, Alzheimer's disease, brain tumors, and cerebral palsy, among others. The prevalence of neurological disorders is increasing. The growing prevalence of neurological disorders drives the growth of the Transcranial Magnetic Stimulator (TMS) market. Moreover, Depression is one of the mental disorders observed commonly among people worldwide. As per the data published by WHO in January 2020, more than 264 million people of all ages suffer from depression across the world. Various therapies and medications can treat depression.     

Key Market Segments

APAC transcranial magnetic stimulator market is segmented into type, age group, application, and country. APAC transcranial magnetic stimulator market based on the type was segmented into single or paired pulse TMS, repetitive TMS (rTMS). In 2020, the single or paired pulse TMS segment held the largest share of the market. The APAC transcranial magnetic stimulator market, by age group, is segmented into adults and children. The adults segment held the largest share of the market in 2020. The APAC transcranial magnetic stimulator market, by application, is segmented into research, diagnostic and therapeutic. The diagnostics segment held the largest share of the market in 2020. Based on country, the APAC transcranial magnetic stimulator market is segmented into into Australia, China, India, Japan, South Korea, and rest of APAC. China held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the transcranial magnetic stimulator market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are eNeura Inc.; MagVenture, Inc.; Neurosoft; Nexstim; and REMED.         

Reasons to buy report

  • To understand the APAC transcranial magnetic stimulator market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC transcranial magnetic stimulator market.
  • Efficiently plan M&A and partnership deals in APAC transcranial magnetic stimulator market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC transcranial magnetic stimulator market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Transcranial Magnetic Stimulator Market Segmentation

APAC Transcranial Magnetic Stimulator Market - By Type

  • Single or Paired Pulse TMS
  • Repetitive TMS (rTMS)

APAC Transcranial Magnetic Stimulator Market - By Age Group

  • Adults
  • Children

APAC Transcranial Magnetic Stimulator Market - By Application

  • Research
  • Diagnostics
  • Therapeutics

APAC Transcranial Magnetic Stimulator Market - By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Transcranial Magnetic Stimulator Market - Company Profiles

  • eNeura Inc.
  • MagVenture, Inc.
  • Neurosoft
  • Nexstim
  • REMED
 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        APAC Transcranial Magnetic Stimulator (TMS) Market – By Type

1.3.2        APAC Transcranial Magnetic Stimulator (TMS) Market – By Age Group

1.3.3        APAC Transcranial Magnetic Stimulator (TMS) Market – By Application

1.3.4        APAC Transcranial Magnetic Stimulator (TMS) Market – By Country

2.           APAC Transcranial Magnetic Stimulator (TMS) Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           APAC Transcranial Magnetic Stimulator (TMS) Market – Market Landscape

4.1         Overview

4.2         APAC PEST Analysis

4.3         Expert Opinion

5.           APAC Transcranial Magnetic Stimulator (TMS) Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        The Frequency of Neurological Disorders is Growing Rapidly

5.1.2        Transcranial Magnetic Stimulation (TMS) Technology is Growing Exponentially

5.2         Market Restraints

5.2.1        Huge Cost of Diagnostic and Treatment

5.3         Market Opportunities

5.3.1        Greater Prospects for Market Players Due to Increasing Product Approvals

5.4         Future Trends

5.4.1        Arrival of Technologically Advanced Tools

5.5         Impact Analysis of Drivers and Restraints

6.           Transcranial Magnetic Stimulator (TMS) Market – APAC Analysis

6.1         APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Forecast and Analysis

7.           APAC Transcranial Magnetic Stimulator (TMS) Market Analysis– by Type

7.1         Overview

7.2         APAC Transcranial Magnetic Stimulator (TMS) Market, by Type 2021 and 2028 (%)

7.3         Single or Paired Pulse TMS

7.3.1        Overview

7.3.2        Single or Paired Pulse TMS: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Repetitive TMS (RTMS)

7.4.1        Overview

7.4.2        Repetitive TMS (RTMS): Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

8.           APAC Transcranial Magnetic Stimulator (TMS) Market Analysis – By Age-Group

8.1         Overview

8.2         APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Age-Group 2021 and 2028 (%)

8.3         Adults

8.3.1        Overview

8.3.2        Adults: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Children

8.4.1        Overview

8.4.2        Children: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

9.           APAC Transcranial Magnetic Stimulator (TMS) Market Analysis - By Application

9.1         Overview

9.2         APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Application 2021 and 2028 (%)

9.3         Research

9.3.1        Overview

9.3.2        Research: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Diagnostic

9.4.1        Overview

9.4.2        Diagnostic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Therapeutic

9.5.1        Overview

9.5.2        Therapeutic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

10.        APAC Transcranial Magnetic Stimulator (TMS) Market –Country Analysis

10.1      Overview

10.1.1     APAC Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Country (%)

10.1.2     China: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1       Overview

10.1.2.2       China Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.2.3       China Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.2.4       China Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.2.5       China Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

10.1.3     Japan: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.3.1       Overview

10.1.3.2       Japan Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.3.3       Japan Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.3.4       Japan Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.3.5       Japan Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

10.1.4     India: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.4.1       Overview

10.1.4.2       India Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.4.3       India Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.4.4       India Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.4.5       India Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

10.1.5     South Korea: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.5.1       Overview

10.1.5.2       South Korea Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.5.3       South Korea Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.5.4       South Korea Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.5.5       South Korea Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

10.1.6     Australia: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1       Overview

10.1.6.2       Australia Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.6.3       Australia Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.6.4       Australia Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.6.5       Australia Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

10.1.7     Rest of APAC: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (USD Million)

10.1.7.1       Overview

10.1.7.2       Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

10.1.7.3       Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

10.1.7.4       Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

10.1.7.5       Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

11.        Impact of COVID-19 Pandemic on APAC Transcranial Magnetic Stimulator (TMS) Market

11.1      APAC: Impact Assessment of COVID-19 Pandemic

12.        Transcranial Magnetic Stimulator (TMS) Market – Industry Landscape

12.1      Overview

12.2      Growth Strategies Done by the Companies in the Market, (%)

12.3      Organic Developments

12.3.1     Overview

12.4      Inorganic Developments

12.4.1     Overview

13.        Company Profiles

13.1      Nexstim

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      MagVenture, Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      eNeura Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Neurosoft

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      REMED

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

14.        Appendix

14.1      Glossary of Terms

LIST OF TABLES

Table 1.             China Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 2.             China Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 3.             China Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 4.             Japan Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 5.             Japan Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 6.             Japan Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 7.             India Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 8.             India Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 9.             India Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 10.          South Korea Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 11.          South Korea Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 12.          South Korea Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 13.          Australia Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 14.          Australia Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 15.          Australia Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 16.          Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Type - Revenue and Forecast to 2028 (US$ Mn)

Table 17.          Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Age Group - Revenue and Forecast to 2028 (US$ Mn)

Table 18.          Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, By Application - Revenue and Forecast to 2028 (US$ Mn)

Table 19.          Organic Developments Done by Companies

Table 20.          Glossary of Terms, Transcranial Magnetic Stimulator Market

LIST OF FIGURES

Figure 1.           APAC Transcranial Magnetic Stimulator (TMS) Market Segmentation

Figure 2.           APAC Transcranial Magnetic Stimulator (TMS) Market Segmentation, By Country

Figure 3.           APAC Transcranial Magnetic Stimulator (TMS) Market Overview

Figure 4.           Single or Paired Pulse TMS Segment Held Largest Share of APAC Transcranial Magnetic Stimulator (TMS) Market

Figure 5.           China to Show Significant Growth During Forecast Period

Figure 6.           APAC PEST Analysis

Figure 7.           APAC Transcranial Magnetic Stimulator (TMS) Market Impact Analysis of Drivers and Restraints

Figure 8.           APAC Transcranial Magnetic Stimulator (TMS) Market – Revenue Forecast and Analysis – 2020- 2028

Figure 9.           APAC Transcranial Magnetic Stimulator (TMS) Market, by Type 2021 & 2028 (%)

Figure 10.        APAC Single or Paired Pulse TMS: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        APAC Repetitive TMS (RTMS): Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Age-Group 2021 and 2028 (%)

Figure 13.        APAC Adults: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Children: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Application 2021 and 2028 (%)

Figure 16.        APAC Research: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Diagnostic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Therapeutic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Transcranial Magnetic Stimulator (TMS) Market Revenue Overview, By Country (2021) (US$ Mn)

Figure 20.        APAC Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Country (%)

Figure 21.        China Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 22.        Japan Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 23.        India Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 24.        South Korea Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 25.        Australia Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 26.        Rest of APAC Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 27.        Impact of COVID-19 Pandemic in APAC Country Markets

Figure 28.        Growth Strategies Done by the Companies in the Market, (%)

  1. eNeura Inc.
  2. MagVenture, Inc.
  3. Neurosoft
  4. Nexstim
  5. REMED
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC transcranial magnetic stimulator market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC transcranial magnetic stimulator market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the transcranial magnetic stimulator market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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