Europe 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)

Code: TIPRE00024822 | Pages: 103 | Industry: Medical Device | Date: Sep 2021
Covid

Market Introduction

The transcranial magnetic stimulator (TMS) market in Europe includes France, Germany, Italy, Spain, the UK, and the Rest of Europe. Rising prevalence of neurological disorders including schizophrenia and other disorders, surging geriatric population leading to increasing brain disorders associated with age the prime reasons that drives the growth of transcranial magnetic stimulator (TMS)s market. The rest of Europe in the Transcranial Magnetic Stimulator (TMS) market comprises Switzerland, Netherlands, Ireland, Belgium, Denmark, and other countries. The overall numbers of people with dementia will more than double from 137,344 in 2018 to 309,386 in 2050. Similarly, as a percentage of the overall population, people with dementia will represent 3.15% in 2050 compared to 1.62% in 2018. Switzerland exceeds the broader European trend of the numbers of people with dementia almost doubling by 2050. A key factor in this change appears to be the significant increase in the numbers of people aged over 65, and the over 85 age range, which almost triples between 2018 and 2050. Rise in prevalence of dementia will further drive the adoption of TMS in the review period.   

In Europe, the COVID-19 pandemic has highly affected countries such as Italy, Spain, France, UK, and Russia. The number of positive cases has grown exponentially across the countries. The outbreak has significantly impacted the medical device industry in Europe. Various “notified bodies” for the medical device industry have restricted or discontinued their activities, to redirect their focus on COVID-19. Manufacturing companies and suppliers have lower down their production, which is hampering the demand and supply chains. The pandemic has also affected preparations for the upcoming EU Medical Device Regulation (2017/745) (MDR). It has disturbed the frameworks and guidelines meant for the medical device manufacturers, while the release dates of several regulations release have been postponed. In March 2020, the European Commission released a new date for introducing the Medical Device Reporting (MDR) application, postponing it to May 2021 from May 2020. Also, the government has shifted to focus on the production of personal protective equipment. These conditions have resulted in the deceleration of the Europe transcranial magnetic stimulator market growth.          


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Market Overview and Dynamics

The transcranial magnetic stimulator market in Europe is expected to grow from US$ 354.96 million in 2021 to US$ 622.51 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028. Transcranial Magnetic Stimulation method relies on electromagnetic induction utilizing an insulated coil placed over the patient's scalp. It is focused on the area of the brain believed to play a role in mood regulation for depression management. The combination of artificial intelligence (AI) innovates devices with invasive and noninvasive brain-computer interfaces. A few organizations such as Google, LLC; Facebook, Inc.; Defense Advanced Research Projects Agency (DARPA); and Kernel are investing their efforts in combining AI with medical devices to treat neurological disorders. For instance, in June 2019, the DARPA announced Next-Generation Nonsurgical Neurotechnology (N3) program. Through the program, the organization is looking forward to developing brain-machine interfaces (BMIs).   

Key Market Segments

Europe transcranial magnetic stimulator market is segmented into type, age group, application, and country. Europe 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 Europe 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 Europe 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 Europe transcranial magnetic stimulator market is segmented into France, Germany, Italy, Spain, UK, and rest of Europe. Germany 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 Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are eNeura Inc.; MAG & More GmbH; Magstim; MagVenture, Inc.; Neurosoft; Nexstim; and REMED.         

Reasons to buy report

  • To understand the Europe 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 Europe transcranial magnetic stimulator market.
  • Efficiently plan M&A and partnership deals in Europe 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 Europe transcranial magnetic stimulator market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Transcranial Magnetic Stimulator Market Segmentation

Europe Transcranial Magnetic Stimulator Market - By Type

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

Europe Transcranial Magnetic Stimulator Market - By Age Group

  • Adults
  • Children

Europe Transcranial Magnetic Stimulator Market - By Application

  • Research
  • Diagnostics
  • Therapeutics

Europe Transcranial Magnetic Stimulator Market - By Country

  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe

Europe Transcranial Magnetic Stimulator Market - Company Profiles

  • eNeura Inc.
  • MAG & More GmbH
  • Magstim
  • 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        Europe Transcranial Magnetic Stimulator (TMS) Market – By Type

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

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

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

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

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

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

4.1         Overview

4.2         Europe PEST Analysis

4.2.1        Europe PEST Analysis

4.3         Expert Opinion

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

5.1         Market Drivers

5.1.1        Increasing Instances of Neurological Disorders

5.1.2        New Advancements in Transcranial Magnetic Stimulation Technology

5.2         Market Restraints

5.2.1        Diagnostic and Treatment are Expensive

5.3         Market Opportunities

5.3.1        New Product Approvals are Offering Opportunities for Market Players

5.4         Future Trends

5.4.1        Enhanced Innovative Technological Tools

5.5         Impact Analysis of Drivers and Restraints

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

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

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

7.1         Overview

7.2         Europe 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.           Europe Transcranial Magnetic Stimulator (TMS) Market Analysis – By Age-Group

8.1         Overview

8.2         Europe 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.           Europe Transcranial Magnetic Stimulator (TMS) Market Analysis By Application

9.1         Overview

9.2         Europe 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.        Europe Transcranial Magnetic Stimulator (TMS) Market –Country Analysis

10.1      Overview

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

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

10.1.2.1       Overview

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

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

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

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

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

10.1.3.1       UK: Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028 (US$ Mn)

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

10.1.3.3       UK Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Age Group (US$ Mn)

10.1.3.4       UK Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Application (US$ Mn)

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

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

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

10.1.4.3       France Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Age Group (US$ Mn)

10.1.4.4       France Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Application (US$ Mn)

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

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

10.1.5.2       Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Type (US$ Mn)

10.1.5.3       Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Age Group (US$ Mn)

10.1.5.4       Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Application (US$ Mn)

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

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

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

10.1.6.3       Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Age Group (US$ Mn)

10.1.6.4       Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Application (US$ Mn)

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

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

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

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

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

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

11.1      Europe: 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      Magstim

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      MagVenture, 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      eNeura Inc.

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      Neurosoft

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

13.6      MAG & More GmbH

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      REMED

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

14.        Appendix

14.1      Glossary of Terms

LIST OF TABLES

Table 1.             Germany Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 2.             Germany Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 3.             Germany Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Application (US$ Mn)

Table 4.             UK Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 5.             UK Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 6.             UK Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Application (US$ Mn)

Table 7.             France Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 8.             France Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 9.             France Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Application (US$ Mn)

Table 10.          Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 11.          Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 12.          Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Application (US$ Mn)

Table 13.          Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 14.          Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 15.          Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Application (US$ Mn)

Table 16.          Rest of Europe Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Type (US$ Mn)

Table 17.          Rest of Europe Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028, By Age Group (US$ Mn)

Table 18.          Rest of Europe 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.           Europe Transcranial Magnetic Stimulator (TMS) Market Segmentation

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

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

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

Figure 5.           Asia Pacific to Show Significant Growth During Forecast Period

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 21.        Germany Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

Figure 22.        UK Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

Figure 23.        France Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

Figure 24.        Spain Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

Figure 25.        Italy Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

Figure 26.        Rest of Europe Transcranial Magnetic Stimulator (TMS) Market, Revenue And Forecast To 2028 (US$ Mn)

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

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

  1. eNeura Inc.
  2. MAG & More GmbH
  3. Magstim
  4. MagVenture, Inc.
  5. Neurosoft
  6. Nexstim
  7. REMED
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