Argentina Transcranial Magnetic Stimulation System Market Size & Outlook
Argentina transcranial magnetic stimulation system market, 2018-2030 (US$M)
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Argentina transcranial magnetic stimulation system market highlights
- The Argentina transcranial magnetic stimulation system market generated a revenue of USD 29.0 million in 2023 and is expected to reach USD 55.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, repetitive transcranial magnetic stimulation (rtms) was the largest revenue generating type in 2023.
- Deep Transcranial Magnetic Stimulation (dTMS) is the most lucrative type segment registering the fastest growth during the forecast period.
Transcranial magnetic stimulation system market data book summary
| Market revenue in 2023 | USD 29.0 million |
| Market revenue in 2030 | USD 55.8 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Repetitive transcranial magnetic stimulation (rtms) |
| Fastest growing segment | Deep Transcranial Magnetic Stimulation (dTMS) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Deep Transcranial Magnetic Stimulation (dTMS), Repetitive Transcranial Magnetic Stimulation (rTMS) |
| Key market players worldwide | BrainsWay Ltd ADR, Nexstim Oyj Registered Shs Reg S, The Magstim Company, Salience, MagVenture, eNeura Therapeutics |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.4% of the global transcranial magnetic stimulation system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil transcranial magnetic stimulation system market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 93.2 million by 2030.
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Transcranial Magnetic Stimulation System Market Scope
Transcranial Magnetic Stimulation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina transcranial magnetic stimulation system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transcranial magnetic stimulation system market will help companies and investors design strategic landscapes.
Repetitive transcranial magnetic stimulation (rtms) was the largest segment with a revenue share of 38.62% in 2023. Horizon Databook has segmented the Argentina transcranial magnetic stimulation system market based on deep transcranial magnetic stimulation (dtms), repetitive transcranial magnetic stimulation (rtms) covering the revenue growth of each sub-segment from 2018 to 2030.
The transcranial magnetic stimulation system market in Argentina is expected to experience slow growth during the forecast period, primarily due to the inadequate presence of advanced healthcare facilities and a shortage of skilled professionals.
Moreover, the lack of awareness among the population regarding the treatment of acute ischemic stroke is projected to have a negative impact on market growth.
Furthermore, the limited healthcare expenditure in the country serves as a barrier for new and key players to enter the market, as the potential for growth is constrained.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into Argentina transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
Argentina Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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