Germany Transcranial Magnetic Stimulation System Market Size & Outlook
Germany transcranial magnetic stimulation system market, 2018-2030 (US$M)
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Germany transcranial magnetic stimulation system market highlights
- The Germany transcranial magnetic stimulation system market generated a revenue of USD 62.0 million in 2023 and is expected to reach USD 119.4 million by 2030.
- The Germany 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 62.0 million |
| Market revenue in 2030 | USD 119.4 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, Germany accounted for 5.0% 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 Europe, Germany transcranial magnetic stimulation system market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 119.4 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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Germany 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 37.74% in 2023. Horizon Databook has segmented the Germany 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.
Germany has a lucrative environment for technologically innovative startups. Around 60% of the medical devices manufacturers, including companies of TMS system, in the country, are Small and Medium-sized Enterprises (SMEs).
The healthcare facilities in Germany are more advanced than other European countries owing to which a significant growth rate is expected. For instance, as per the European Commission in 2017, around 84.5% of healthcare expenditure is publicly funded and around 12.5% constitutes out-of-pocket spending.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into Germany transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
Germany Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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