UK Transcranial Magnetic Stimulation System Market Size & Outlook
UK transcranial magnetic stimulation system market, 2018-2030 (US$M)
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UK transcranial magnetic stimulation system market highlights
- The UK transcranial magnetic stimulation system market generated a revenue of USD 55.1 million in 2023 and is expected to reach USD 105.0 million by 2030.
- The UK market is expected to grow at a CAGR of 9.6% 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 55.1 million |
| Market revenue in 2030 | USD 105.0 million |
| Growth rate | 9.6% (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, UK accounted for 4.5% 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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UK 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 39.93% in 2023. Horizon Databook has segmented the UK 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 UK has several small- and medium-sized companies that significantly contribute to the economy. The turnover from these companies is valued high among all businesses currently operating in the UK. The country has a reputation for quality solutions.
Hence, in-house manufactured medical devices are anticipated to witness significant demand in the coming years. TMS is an effective noninvasive depression treatment in the UK, particularly for individuals who have not responded well to other conventional treatments, such as antidepressants or psychotherapeutics.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK transcranial magnetic stimulation system market , including forecasts for subscribers. This country databook contains high-level insights into UK transcranial magnetic stimulation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK transcranial magnetic stimulation system market size, by type, 2018-2030 (US$M)
UK Transcranial Magnetic Stimulation System Market Outlook Share, 2023 & 2030 (US$M)
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