Italy Transcranial Magnetic Stimulation System Market Size & Outlook
Italy transcranial magnetic stimulation system market, 2018-2030 (US$M)
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Italy transcranial magnetic stimulation system market highlights
- The Italy transcranial magnetic stimulation system market generated a revenue of USD 42.0 million in 2023 and is expected to reach USD 75.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.7% 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 42.0 million |
| Market revenue in 2030 | USD 75.5 million |
| Growth rate | 8.7% (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, Italy accounted for 3.4% 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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Italy 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 37.86% in 2023. Horizon Databook has segmented the Italy 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.
Italy transcranial magnetic stimulation system market is anticipated to witness moderate growth over the forecast period. Increase in incidence of Alzheimer’s disease and rise in the cases of depression are major factors contributing to the market growth.
For instance, as per a report published by the Burden of Stroke in Europe in 2015, the estimated increase in the incidence of acute ischemic stroke from 2015 to 2035 is around 32.00%. Presence of well-developed healthcare services in Italy is one of the major drivers of the market.
The National Health Service (NHS) in Italy covers all citizens and foreign residents for healthcare services. For instance, as per Commonwealth Fund, public financing in Italy accounted for 75.8% of total health spending.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into Italy transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
Italy Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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