China Transcranial Magnetic Stimulation System Market Size & Outlook
China transcranial magnetic stimulation system market, 2018-2030 (US$M)
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China transcranial magnetic stimulation system market highlights
- The China transcranial magnetic stimulation system market generated a revenue of USD 45.8 million in 2023 and is expected to reach USD 99.1 million by 2030.
- The China market is expected to grow at a CAGR of 11.6% 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 45.8 million |
| Market revenue in 2030 | USD 99.1 million |
| Growth rate | 11.6% (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, China accounted for 3.7% 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.
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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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China 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 38.86% in 2023. Horizon Databook has segmented the China 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.
Regulatory process for product approvals is comparatively less stringent in China, which facilitates easy entry of advanced products in the market. In addition, availability of resources enables advancements in technology at cheaper costs.
which has led to an increase in the number of manufacturing facilities in the country. In addition, China has released Order 650 (former Order 276), Regulations for the Supervision and Administration of Medical Devices to restrict foreign investment in the country, majorly to protect local medical devices manufacturing companies.
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Our clientele includes a mix of transcranial magnetic stimulation system market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into China transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
China Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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