Australia Transcranial Magnetic Stimulation System Market Size & Outlook
Australia transcranial magnetic stimulation system market, 2018-2030 (US$M)
Related Markets
Australia transcranial magnetic stimulation system market highlights
- The Australia transcranial magnetic stimulation system market generated a revenue of USD 28.8 million in 2023 and is expected to reach USD 56.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.1% 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 28.8 million |
| Market revenue in 2030 | USD 56.5 million |
| Growth rate | 10.1% (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, Australia accounted for 2.3% 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 Asia Pacific, China transcranial magnetic stimulation system market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 99.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Transcranial Magnetic Stimulation System Market Scope
Transcranial Magnetic Stimulation System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 40.28% in 2023. Horizon Databook has segmented the Australia 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.
Australia majorly depends on the import of medical devices from countries like Japan and the U.S. The Australian medical device market is governed by Australia TGA medical devices regulations.
The Australian market is mature and receptive toward new technologies resulting in faster adoption of advanced products. This encourages major players to enter the Australian market owing to which the market growth.
With ongoing developments in medical technology, rising prevalence of neuro disorders, aging population, growing income, and shifting consumer expectations are expected to drive demand.
Reasons to subscribe to Australia transcranial magnetic stimulation system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia transcranial magnetic stimulation system market databook
-
Our clientele includes a mix of transcranial magnetic stimulation system market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into Australia transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
Australia Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
