US Transcranial Magnetic Stimulator (TMS) Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Type (Single or Paired Pulse TMS and Repetitive TMS (rTMS)), Age Group (Adults and Children), and Application (Research, Diagnostic, and Therapeutic)
Market Introduction
Transcranial magnetic stimulator (TMS), also referred to as repetitive transcranial magnetic stimulator (rTMS), is a type of brain stimulation in which a changing magnetic field is applied to a specific area of the brain. An electromagnetic coil is placed against patient’s scalp near forehead during the rTMS session. It is a noninvasive procedure used for diagnostic and therapeutic applications. The US Transcranial Magnetic Stimulator (TMS) market is segmented on the basis of type, age group, application, and country.
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Market Overview and Dynamics
The Transcranial magnetic stimulator (TMS) market was valued at US$ 309.53 million in 2020 and is projected to reach US$ 631.29 million by 2028; it is expected to grow at a CAGR of 9.4% from 2021 to 2028.
The major factors such as the growing prevalence of neurological disorders, increasing geriatric population and neurological disorders associated with age, and presence of well-established healthcare facilities drive the growth of the US Transcranial Magnetic Stimulator (TMS) market. However, the high cost of diagnostic and treatment restricts the market growth.
Key Market Segments
By type, the US Transcranial Magnetic Stimulator (TMS) market is bifurcated into single or paired pulse TMS and repetitive TMS (rTMS). In 2020, the single or paired pulse TMS segment held a larger share of the market, However, the market for the repetitive TMS (rTMS) segment is expected to grow at a faster rate during the coming years.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing the report on the US Transcranial Magnetic Stimulator (TMS) market are Centers for Disease Control and Prevention, Ministry of Health, Foreign Direct Investment, Organization for Economic Co-operation and Development, and Food and Drug Administration.
Reasons to Buy report
- To understand the US transcranial magnetic stimulator (TMS) 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 the market
- Efficiently plan M&A and partnership deals in the market by identifying market segments with the most promising probable sales
- Make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the US transcranial magnetic stimulator (TMS) market
- Obtain market revenue forecast for market by various segments from 2020 to 2028 in the US.
US Transcranial Magnetic Stimulator (TMS) Market –
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By Type- Single or Paired Pulse TMS
- Repetitive TMS (rTMS)
By Age Group
- Adults
- Children
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By Application
- Research
- Diagnostic
- Therapeutic
Company Profiles
- BrainsWay Ltd
- Nexstim
- Magstim
- Neuronetics
- TMS Neuro Solutions
- MagVenture, Inc.
- eNeura Inc.
- Neurosoft
- MAG & More Gmb
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Transcranial magnetic stimulation (TMS) Market – By Type
1.3.2 Transcranial magnetic stimulation (TMS) Market – By Age Group
1.3.3 Transcranial magnetic stimulation (TMS) Market – By Application
2. Transcranial magnetic stimulation (TMS) Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Transcranial magnetic stimulation (TMS) Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 US – PEST Analysis
4.3 Expert Opinion
4.4 Reimbursement Status
4.5 Comparative Study of Approved Indications Vs Experimental Indications
5. US Transcranial magnetic stimulation (TMS) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Prevalence of Neurological Disorders
5.1.2 Increasing Geriatric Population and Neurological Disorders Associated with Age.
5.1.3 Presence of Well-Established Healthcare Facilities
5.2 Market Restraints
5.2.1 High Cost of Diagnostic and Treatment
5.3 Market Opportunities
5.3.1 Increasing Product Approvals to Offer Opportunities for Market Players
5.4 Future Trends
5.4.1 The Emergence of New and Innovative Technological Tools
5.5 Impact Analysis of Drivers and Restraints
6. Transcranial magnetic stimulation (TMS) Market – US Analysis
6.1 US Transcranial magnetic stimulation (TMS) Market Revenue Forecast and Analysis
6.2 Market Positioning of Key Players
7. Transcranial Magnetic Stimulator (TMS) Market Analysis– by Type
7.1 Overview
7.2 Transcranial Magnetic Stimulator (TMS) Market, by Type 2020 & 2028 (%)
7.2.1 US: Transcranial Magnetic Stimulator (TMS) Market, by Type, 2019–2028 (USD Million)
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)
7.3.3 Repetitive TMS (RTMS)
7.3.3.1 Overview
7.3.3.2 Repetitive TMS(RTMS): Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
8. Transcranial Magnetic Stimulator (TMS) Market Analysis – By Age-Group
8.1 Overview
8.2 Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Age-Group (2020 and 2028)
8.2.1 US: Transcranial Magnetic Stimulator (TMS) Market, by Age Group, 2019–2028 (USD Million)
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. Transcranial Magnetic Stimulator (TMS) Market Analysis – By Application
9.1 Overview
9.2 Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Application (2020 and 2028)
9.2.1 US: Transcranial Magnetic Stimulator (TMS) Market, by Application, 2019–2028 (USD Million)
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. Impact of COVID-19 Pandemic on US Transcranial Magnetic Stimulator (TMS) Market
10.1 US: Impact Assessment of COVID-19 Pandemic
11. Transcranial magnetic stimulation (TMS) Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 BrainsWay Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nexstim
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Magstim
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Neuronetics.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 TMS Neuro Solutions
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 MagVenture, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 eNeura Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Neurosoft
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 MAG & More GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 REMED
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. Comparative Study of Approved Indications Vs Experimental Indications
Table 2. US Transcranial Magnetic Stimulator (TMS) Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. US Transcranial Magnetic Stimulator (TMS) Market, by Age Group – Revenue and Forecast to 2028 (USD Million)
Table 4. US Transcranial Magnetic Stimulator (TMS) Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 5. Organic Developments Done By Companies
Table 6. Inorganic Developments Done by Companies
Table 7. Glossary of Terms, Transcranial Magnetic Stimulator Market
LIST OF FIGURES
Figure 1. Transcranial magnetic stimulation (TMS) Market Segmentation
Figure 2. US Transcranial magnetic stimulation (TMS) Market Overview
Figure 3. Single or paired pulse TMS Segment Held Largest Share of Transcranial magnetic stimulation (TMS) Market
Figure 4. US Transcranial magnetic stimulation (TMS) Market, Industry Landscape
Figure 5. US PEST Analysis
Figure 6. Transcranial Magnetic Stimulator (TMS) Market Impact Analysis of Drivers and Restraints
Figure 7. US Transcranial magnetic stimulation (TMS) Market – Revenue Forecast And Analysis – 2020- 2028
Figure 8. Market Positioning of Key Players
Figure 9. Transcranial Magnetic Stimulator (TMS) Market, by Type 2020 & 2028 (%)
Figure 10. Single or Paired Pulse TMS: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Repetitive TMS(RTMS): Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Age-Group (2020 and 2028)
Figure 13. Adults: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Children: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Transcranial Magnetic Stimulator (TMS) Market Revenue Share, by Application (2020 and 2028)
Figure 16. Research: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Diagnostic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Therapeutic: Transcranial Magnetic Stimulator (TMS) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Impact of COVID-19 Pandemic on Transcranial Magnetic Stimulator (TMS) Market in the US
Figure 20. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - US Transcranial Magnetic Stimulator (TMS) Market
- BrainsWay Ltd
- Nexstim
- Magstim
- Neuronetics
- TMS Neuro Solutions
- MagVenture, Inc.
- eNeura Inc.
- Neurosoft
- MAG & More GmbH
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