Brazil Transcranial Magnetic Stimulation System Market Size & Outlook
Brazil transcranial magnetic stimulation system market, 2018-2030 (US$M)
Related Markets
Brazil transcranial magnetic stimulation system market highlights
- The Brazil transcranial magnetic stimulation system market generated a revenue of USD 46.5 million in 2023 and is expected to reach USD 93.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.4% 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 46.5 million |
| Market revenue in 2030 | USD 93.2 million |
| Growth rate | 10.4% (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, Brazil accounted for 3.8% 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.
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 |
|---|
Brazil 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 39.78% in 2023. Horizon Databook has segmented the Brazil 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 Brazil transcranial magnetic stimulation system market is anticipated to witness moderate growth over the forecast period. The increasing incidence of acute ischemic stroke is a major factor boosting the market growth.
For instance, as per a report published by NCBI in 2022, in Brazil, acute ischemic stroke was the most prevalent form of stroke, which is one-third of population of Latin America suffering from stroke was in Brazil.
Furthermore, according to Trading Economics, in 2021, around 9.58% of the country’s population age more than 65 years and above. In addition, growing awareness about the treatment of ischemic stroke and growing geriatric population are likely to boost the market growth.
Reasons to subscribe to Brazil 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 Brazil 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 Brazil transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into Brazil transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
Brazil 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
