North America 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: TIPRE00024823 | Pages: 105 | Industry: Medical Device | Date: Sep 2021
Covid

Market Introduction

The North America transcranial magnetic stimulator (TMS)market has been analyzed on the basis of three major countries — the US, Canada, and Mexico. The US is estimated to hold the largest share in the transcranial magnetic stimulator (TMS) market during the forecast period. The projected growth of the transcranial magnetic stimulator (TMS) market in the US is attributed to the increasing pharmaceutical product manufacturing, rising adoption of advance medical packing technologies by the medical device manufactures is anticipated to fuel growth of the market during the forecast period.

The demand for neuromodulation has increased among the geriatric population, as the exposure to chronic pain is more in the aging population due to comorbidities and potential immune suppression. In addition, the demand is projected to grow among the people suffering from COVID-19 infection and chronic pain, which further results in immunosuppression, complex effects on the immune system. On the other hand, the COVID-19 pandemic has significantly affected the supply chain of medical device industry, due to lockdowns and travel restrictions imposed by governments in different countries and states. The limited production of medical devices was allowed to continue during these periods. However, the current COVID-19 situation in many North American countries is attaining stability in terms of treatment processes, vaccinations, etc. People are opting for their routine treatments and are visiting the clinics and hospitals as per the requirements. The COVID-19 pandemic is expected to slow down the overall North America transcranial magnetic stimulator market growth during the forecast period.


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Market Overview and Dynamics

The transcranial magnetic stimulator market in North America is expected to grow from US$ 398.16 million in 2021 to US$ 731.10 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028. The Transcranial Magnetic Stimulator (TMS) is a noninvasive and well-tolerated therapy, and its procedure does not require anesthesia, It is an outpatient service, and patients can continue with daily routines immediately after the treatment. TMS is an innovative and unique type of psychiatric treatment followed by psychiatric mental health professionals. Thus, the acceptance of TMS is rising across the world and resulting in increasing approvals for the products.  

Key Market Segments

North America transcranial magnetic stimulator market is segmented into type, age group, application, and country. North America 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 North America 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 North America 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 North America transcranial magnetic stimulator market is segmented into US, Canada, and Mexico. US 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 North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BrainsWay Ltd; eNeura Inc.; MAG & More GmbH; Magstim; MagVenture, Inc.; Neuronetics; Neurosoft; Nexstim; REMED; and TMS Neuro Solutions.         

Reasons to buy report

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

North America Transcranial Magnetic Stimulator Market Segmentation

North America Transcranial Magnetic Stimulator Market - By Type

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

North America Transcranial Magnetic Stimulator Market - By Age Group

  • Adults
  • Children

North America Transcranial Magnetic Stimulator Market - By Application

  • Research
  • Diagnostics
  • Therapeutics

North America Transcranial Magnetic Stimulator Market - By Country

  • US
  • Canada
  • Mexico

North America Transcranial Magnetic Stimulator Market - Company Profiles

  • BrainsWay Ltd
  • eNeura Inc.
  • MAG & More GmbH
  • Magstim
  • MagVenture, Inc.
  • Neuronetics
  • Neurosoft
  • Nexstim
  • REMED
  • TMS Neuro Solutions
 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Transcranial Magnetic Stimulator (TMS) Market – By Type

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

1.3.3        North America Transcranial Magnetic Stimulator (TMS) Market – By Application

1.3.4        North America Transcranial Magnetic Stimulator (TMS) Market – By Country

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

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Transcranial Magnetic Stimulator (TMS) Market – Market Landscape

4.1         Overview

4.2         North America PEST Analysis

4.3         Expert Opinion

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

5.1         Market Drivers

5.1.1        Neurological Disorders Rising

5.1.2        Transcranial Magnetic Stimulation Technology Witnessing Developments

5.2         Market Restraints

5.2.1        Expensive Diagnostic and Treatment

5.3         Market Opportunities

5.3.1        Rising Product Approvals Creating Opportunities for Market Players

5.4         Future Trends

5.4.1        Upcoming of New and Innovative Technological Tools

5.5         Impact Analysis of Drivers and Restraints

6.           Transcranial Magnetic Stimulator (TMS) Market – North America Analysis

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

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

7.1         Overview

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

8.1         Overview

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

9.1         Overview

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

10.1      Overview

10.1.2     North America Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Country (%)

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

10.1.3.1       Overview

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

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

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

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

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

10.1.4.1       Overview

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

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

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

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

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

10.1.5.1       Overview

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

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

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

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

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

11.1      North America: 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      BrainsWay Ltd

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      Nexstim

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      Magstim

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      Neuronetics.

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      TMS Neuro Solutions

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      MagVenture, Inc.

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      eNeura Inc.

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

13.8      Neurosoft

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      MAG & More GmbH

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   REMED

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      Glossary of Terms

LIST OF TABLES

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

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

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

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

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

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

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

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

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

Table 10.          Organic Developments Done by Companies

Table 11.          Inorganic Developments Done by Companies

Table 12.          Glossary of Terms, Transcranial Magnetic Stimulator Market

LIST OF FIGURES

Figure 1.           North America Transcranial Magnetic Stimulator (TMS) Market Segmentation

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

Figure 3.           North America Transcranial Magnetic Stimulator (TMS) Market Overview

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

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

Figure 7.           North America PEST Analysis

Figure 8.           North America Transcranial Magnetic Stimulator (TMS) Market Impact Analysis of Drivers and Restraints

Figure 9.           North America Transcranial Magnetic Stimulator (TMS) Market – Revenue Forecast and Analysis – 2020- 2028

Figure 10.        North America Transcranial Magnetic Stimulator (TMS) Market, by Type 2021 & 2028 (%)

Figure 11.        North America Single or Paired Pulse TMS: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Repetitive TMS (RTMS): Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Age-Group 2021 and 2028 (%)

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

Figure 15.        North America Children: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Application 2021 and 2028 (%)

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

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

Figure 19.        North America Therapeutic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Transcranial Magnetic Stimulator (TMS) Market Overview, By Country — 2021 (US$ Mn)

Figure 21.        North America Transcranial Magnetic Stimulator (TMS) Market, Revenue and Forecast to 2028, By Country (%)

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

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

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

Figure 25.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 26.        Growth Strategies Done by the Companies in the Market, (%)

  1. BrainsWay Ltd
  2. eNeura Inc.
  3. MAG & More GmbH
  4. Magstim
  5. MagVenture, Inc.
  6. Neuronetics
  7. Neurosoft
  8. Nexstim
  9. REMED
  10. TMS Neuro Solutions

 

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