Europe Transcranial Magnetic Stimulation System Market Size & Outlook
Europe transcranial magnetic stimulation system market, 2018-2030 (US$M)
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Europe transcranial magnetic stimulation system market highlights
- The Europe transcranial magnetic stimulation system market generated a revenue of USD 348.4 million in 2023.
- The market is expected to grow at a CAGR of 8.9% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 348.4 million |
| Market revenue in 2030 | USD 632.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Repetitive transcranial magnetic stimulation (rtms) |
| Fastest growing segment | Deep Transcranial Magnetic Stimulation (dTMS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.2% of the global transcranial magnetic stimulation system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 524.4 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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Europe 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 38.35% in 2023. Horizon Databook has segmented the Europe 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.
Due to differences in the healthcare systems, laws, and reimbursement practices, TMS therapy acceptance differs between European nations. The reimbursement and regulatory systems for TMS treatment are well-established in several nations, including the Netherlands, Germany, and the UK. As conventional therapy and drugs are unable to treat depression.
TMS is frequently employed as an alternative in these nations. The number of TMS treatment facilities and service providers operating in the European TMS industry has been steadily increasing. Clinical data showing TMS's efficacy in treating conditions like depression, OCD, and chronic pain underlie the market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe transcranial magnetic stimulation system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe transcranial magnetic stimulation system market size, by country, 2018-2030 (US$M)
Europe Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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