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TMS (Transcranial Magnetic Stimulation) Coil Market Insights

TMS (Transcranial Magnetic Stimulation) Coil Market size was valued at USD 638 Billion in 2023 and is projected to reach USD 2260 Billion by 2030, growing at a CAGR of 9.0% during the forecasted period 2024 to 2030.

The global industry that produces, distributes, and uses specialized coils made for transcranial magnetic stimulation operations is known as the Transcranial Magnetic Stimulation (TMS) Coil Market. TMS is a non-invasive neurostimulation method that applies brief magnetic pulses to targeted brain regions. This technology has the potential to treat a range of neuropsychiatric diseases by triggering physiological responses. Professional discussions on the TMS Coil Market highlight how important these coils are for enabling accurate and efficient delivery of magnetic stimulation to specific brain regions. These coils are essential parts of TMS systems; they produce magnetic fields that pass through the skull and scalp and into the targeted brain regions. Because of this, TMS coil design and quality play a critical role in determining the precision, security, and effectiveness of stimulation regimens. The TMS Coil Market is influenced by a multitude of factors, such as healthcare economics, regulatory frameworks, clinical research outcomes, and technology breakthroughs. New coil designs that improve magnetic stimulation's focal specificity, depth penetration, and spatial resolution are constantly being developed as a result of technological advancements. Moreover, TMS coil performance and safety are greatly influenced by clinical recommendations and regulatory standards, which in turn affects product differentiation tactics and market entry obstacles.

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TMS (Transcranial Magnetic Stimulation) Coil Market Trends

The market for TMS (Transcranial Magnetic Stimulation) coils is expanding rapidly thanks to developments in neuropsychiatric therapies and neuroscience research. Global demand for TMS coils is being driven by the growing use of non-invasive brain stimulation treatments and increased awareness of mental health issues. Moreover, advancements in treatment efficacy, coil design, and targeting accuracy are reshaping this niche industry.

Rising Deep TMS (dTMS)

The market is dominated by repetitive TMS (rTMS), while dTMS is becoming more and more popular. Deeper brain stimulation can be achieved using dTMS coils, possibly reaching places not accessible with conventional coils. Treatment-resistant depression may benefit from this, and its applications to OCD, stroke recovery, and Alzheimer's illness may grow. In the upcoming years, the dTMS category is anticipated to increase at the fastest rate.

Customized Targeting and Coil Design

Personalized TMS coils are the way of the future. Research is in progress to create coils that target certain brain regions and better adapt to the unique forms of different heads, enhancing stimulation effectiveness. Furthermore, TMS will be combined with advances in neuroimaging methods such as EEG, which will enable coil positioning in real time depending on individual brain activity.

TMS at Home for Greater Accessibility

The multiple clinic visits necessary for conventional TMS therapy restrict accessibility. But the introduction of TMS systems that can be used at home and have coil designs that are easy to use could be revolutionary. These portable devices have the potential to improve the cost and convenience of TMS treatment, especially for chronic illnesses that need long-term care. While safety precautions and regulatory approval for use at home are still pending, this trend points to a shift in the democratization of TMS therapy.

TMS (Transcranial Magnetic Stimulation) Coil Market Scope Of the Report

This report offers past, present as well as future analysis and estimates for the TMS (Transcranial Magnetic Stimulation) Coil Market. The market estimates that are provided in the report are calculated through an exhaustive research methodology. The research methodology that is adopted involves multiple channels of research, such as – primary research, secondary research, and subject-related expert advice. The market estimates are calculated based on the influence of the current market dynamics along with various economic, social, and political factors on the TMS (Transcranial Magnetic Stimulation) Coil Market. Also, various regulations, government spending, and research and development growth define the market data. Both positive, as well as negative changes to the market, are taken into consideration for the market estimates.

TMS (Transcranial Magnetic Stimulation) Coil Market Competitive Landscape

The market report lists the major players involved in the TMS (Transcranial Magnetic Stimulation) Coil Market under the competitive landscape and company profile chapters. The major players in the market are evaluated based on their product and/or service offerings, financial statements, key developments, strategic approach to the market, position in the market, geographical penetration, and other key features. The chapter also highlights the strengths, weaknesses, opportunities, and threats (SWOT analysis), winning imperatives, current focus and strategies, and threats from competition for the top three to five players in the market. Furthermore, the list of companies included in the market study can also be customized as per the client’s requirements. The competitive landscape section of the report covers details in terms of the top five company’s ranking, key developments such as recent developments, partnerships, mergers and acquisitions, new product launches, etc., the company’s regional footprint, and company industry footprint as per the market and Ace matrix.

Company Regional Footprint

This section provides geographical or regional level reach or their sales network presence for each of company’s considered for profiling.

Company Industry Footprint

This section provides the cross-analysis of industry verticals and market players that gives a clear picture of the company landscape with respect to the industries they are serving their products and services.

Ace Matrix

This section provides company benchmarking into Active, Cutting Edge, Innovator, and Emerging based on their product and business strategy. In Which, product strategy includes parameters such as Breadth & Depth of Product, Focus on Product Innovation, Product features & functions, Scalability whereas business strategy includes parameters such as geographical reach, Industry Coverage, Inorganic Growth, and Roadmap.

Top TMS (Transcranial Magnetic Stimulation) Coil Market Companies

The TMS (Transcranial Magnetic Stimulation) Coil Market Report delivers an in-depth analysis of leading and emerging players in the market. The Report provides comprehensive lists of key companies which have been enlisted on the basis of type of products they are offering & other factors in Market. Among company profiling market analysis, the analysts who worked on the report gave the year of market entry for each mentioned player can be considered for the research analysis.

The “Global TMS (Transcranial Magnetic Stimulation) Coil Market” study report will provide a valuable insight with an emphasis on the global market including some of the Top TMS (Transcranial Magnetic Stimulation) Coil Market Companies are Magstim, Neuronetics, Brainsway, MagVenture, Yiruide, Neurosoft, Remed, Nexstim, MAG & More, Deymed. 

TMS (Transcranial Magnetic Stimulation) Coil Market Segmentation

By Type

  • Butterfly Coil
  • Circular Coil
  • Other

By Application

  • sTMS
  • rTMS
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

TMS (Transcranial Magnetic Stimulation) Coil Market Report Coverage

Research Methodology

The qualitative and quantitative data of the TMS (Transcranial Magnetic Stimulation) Coil Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data. Secondary research done by Verified Market Reports research team through various sources such as
  • Company websites, annual reports, financial reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent, and regulatory databases
  • National government documents, statistical databases, and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market
  • Paid database
Verified Market Reports contacted various key opinion leaders from the same industry, who are top and mid-level executives from top companies as well as executives (marketing heads, regional heads) from End users to collect information/data such as the dominance of particular brand in each country as well as overall region, pricing of services and products. The data for total sales was determined through primary research in each of the countries by interviewing key opinion leaders which included insights from
  • C-Level Executives
  • Marketing Manager, Brand Manager, Product Manager
  • Sales Manager, Sales Officer, Regional Sales Manager, Country Manager
  • Procurement Manager
  • Production Manager
  • Technical Personnel
  • Distributors
The subject matter experts act as a key link to validate and substantiate the key research findings and understandings as the experts have acquired extensive experience in the market over the years. Secondary research data for the TMS (Transcranial Magnetic Stimulation) Coil Market are collected from the internet, printed documents (company annual reports and research papers) related to the industry, industrial magazines, association findings, government websites, and others. These multiple information sources provide a key outline of the market.
  1. Introduction of TMS Transcranial Magnetic Stimulation Coil Market
    1. Market Definition
    2. Market Segmentation
    3. Research Timelines
    4. Assumptions
    5. Limitations
  2. *This section outlines the product definition, assumptions and limitations considered while forecasting the market.
  3. Research Methodology
    1. Data Mining
    2. Secondary Research
    3. Primary Research
    4. Subject Matter Expert Advice
    5. Quality Check
    6. Final Review
    7. Data Triangulation
    8. Bottom-Up Approach
    9. Top-Down Approach
    10. Research Flow
  4. *This section highlights the detailed research methodology adopted while estimating the overall market helping clients understand the overall approach for market sizing.
  5. Executive Summary
    1. Market Overview
    2. Ecology Mapping
    3. Primary Research
    4. Absolute Market Opportunity
    5. Market Attractiveness
    6. TMS Transcranial Magnetic Stimulation Coil Market Geographical Analysis (CAGR %)
    7. TMS Transcranial Magnetic Stimulation Coil Market by Type USD Million
    8. TMS Transcranial Magnetic Stimulation Coil Market by Application USD Million
    9. Future Market Opportunities
    10. Product Lifeline
    11. Key Insights from Industry Experts
    12. Data Sources
  6. *This section covers comprehensive summary of the global market giving some quick pointers for corporate presentations.
  7. TMS Transcranial Magnetic Stimulation Coil Market Outlook
    1. TMS Transcranial Magnetic Stimulation Coil Market Evolution
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Market Restraints
      1. Restraint 1
      2. Restraint 2
    4. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
    5. Market Trends
      1. Trend 1
      2. Trend 2
    6. Porter's Five Forces Analysis
    7. Value Chain Analysis
    8. Pricing Analysis
    9. Macroeconomic Analysis
    10. Regulatory Framework
  8. *This section highlights the growth factors market opportunities, white spaces, market dynamics Value Chain Analysis, Porter's Five Forces Analysis, Pricing Analysis and Macroeconomic Analysis
  9. by Type
    1. Overview
    2. Butterfly Coil
    3. Circular Coil
    4. Other
  10. by Application
    1. Overview
    2. sTMS
    3. rTMS
    4. Others
  11. TMS Transcranial Magnetic Stimulation Coil Market by Geography
    1. Overview
    2. North America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    4. Asia Pacific Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. China
      2. India
      3. Japan
      4. Rest of Asia Pacific
    5. Latin America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Brazil
      2. Argentina
      3. Rest of Latin America
    6. Middle East and Africa Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  12. This section covers global market analysis by key regions considered further broken down into its key contributing countries.
  13. Competitive Landscape
    1. Overview
    2. Company Market Ranking
    3. Key Developments
    4. Company Regional Footprint
    5. Company Industry Footprint
    6. ACE Matrix
  14. This section covers market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments and their relative market position.
  15. Company Profiles
    1. Introduction
    2. Magstim
      1. Company Overview
      2. Company Key Facts
      3. Business Breakdown
      4. Product Benchmarking
      5. Key Development
      6. Winning Imperatives*
      7. Current Focus & Strategies*
      8. Threat from Competitors*
      9. SWOT Analysis*
    3. Neuronetics
    4. Brainsway
    5. MagVenture
    6. Yiruide
    7. Neurosoft
    8. Remed
    9. Nexstim
    10. MAG & More
    11. Deymed

  16. *This data will be provided for Top 3 market players*
    This section highlights the key competitors in the market, with a focus on presenting an in-depth analysis into their product offerings, profitability, footprint and a detailed strategy overview for top market participants.

  17. Verified Market Intelligence
    1. About Verified Market Intelligence
    2. Dynamic Data Visualization
      1. Country Vs Segment Analysis
      2. Market Overview by Geography
      3. Regional Level Overview

  18. Report FAQs
    1. How do I trust your report quality/data accuracy?
    2. My research requirement is very specific, can I customize this report?
    3. I have a pre-defined budget. Can I buy chapters/sections of this report?
    4. How do you arrive at these market numbers?
    5. Who are your clients?
    6. How will I receive this report?

  19. Report Disclaimer

Companies featured in this report

  • Magstim
  • Neuronetics
  • Brainsway
  • MagVenture
  • Yiruide
  • Neurosoft
  • Remed
  • Nexstim
  • MAG & More
  • Deymed

Frequently Asked Questions

How big is the TMS (Transcranial Magnetic Stimulation) Coil Market
TMS (Transcranial Magnetic Stimulation) Coil Market was valued at USD 638 Billion in 2023 and is projected to reach USD 2260 Billion by 2030, growing at a CAGR of 9.0% during the forecasted period 2024 to 2030.
Who are the major players in the TMS (Transcranial Magnetic Stimulation) Coil Market
The leading Players in the market are Magstim, Neuronetics, Brainsway, MagVenture, Yiruide, Neurosoft, Remed, Nexstim, MAG & More, Deymed.
Which segments are covered in the report of TMS (Transcranial Magnetic Stimulation) Coil Market
The TMS (Transcranial Magnetic Stimulation) Coil Market is Segmented On The Basis Of Type, Application, And Geography.
Which regions are covered in the report that having a potential scope for the TMS (Transcranial Magnetic Stimulation) Coil Market
On the basis of Geography, The TMS (Transcranial Magnetic Stimulation) Coil Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
How can I get a sample report of statistical data for the TMS (Transcranial Magnetic Stimulation) Coil Market
Verified Market Reports provides a sample report for the TMS (Transcranial Magnetic Stimulation) Coil Market as per requirements. In addition to that, 24*7 chat support & direct call services are available for further assistance.
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