TMS Coil Market SWOT Analysis by 2031
TMS i.e. Transcranial Magnetic Stimulation is an electromagnetic coil that is placed against the scalp and creates a magnetic field that stimulates certain areas of the brain. During the procedure, The TMS coil is placed against the scalp near the forehead. It's a noninvasive treatment that uses electromagnetic pulses to stimulate nerve cells, which may improve symptoms of neurological or mental health disorders. TMS is mainly used to treat depression.
MARKET SCOPE
The "Global TMS Coil Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the TMS Coil market with detailed market segmentation by type and application. The report provides key statistics on the market status of the leading TMS Coil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmented as, h-coil, c-core, and circular crown coil.
- Based on the application the market is segmented as, hospitals, clinics, and others.
MARKET DYNAMICS
Drivers:
- Rising prevalence of neurological or mental health disorders and depression.
- The increasing geriatric population faces neurological disorders mainly depression.
- Extensive R&D efforts by medical device companies to develop advanced devices are expected to fuel market growth.
Restraints:
- Whereas, the high cost of treatment and TMS coil is expected to restrain the market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The TMS Coil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South and Central America after evaluating political, economic, social, and technological factors affecting the TMS Coil market in these regions.
IMPACT OF COVID-19 ON TMS COIL MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The TMS Coil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South and Central America after evaluating political, economic, social, and technological factors affecting the TMS Coil market in these regions.
IMPACT OF COVID-19 ON TMS COIL MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the TMS Coil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the TMS Coil market are anticipated to have lucrative growth opportunities in the future with the rising demand for TMS Coil in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the TMS Coil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- MAG AND MORE
- E-NEURA
- DR. LANGER MEDICAL
- BRAINSWAY
- YIRUIDE
- REMED
- NEXSTIM
- NEUROSOFT
- NEURONETICS
- MAG VENTURE
- MAGSTIM
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 TMS Coil Market - By Type
1.3.2 TMS Coil Market - By Application
1.3.3 TMS Coil Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TMS COIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. TMS COIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TMS COIL MARKET - GLOBAL MARKET ANALYSIS
6.1. TMS COIL - GLOBAL MARKET OVERVIEW
6.2. TMS COIL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. TMS COIL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. H-COIL
7.3.1. Overview
7.3.2. H-coil Market Forecast and Analysis
7.4. C-CORE COIL
7.4.1. Overview
7.4.2. C-core Coil Market Forecast and Analysis
7.5. CIRCULAR CROWN COIL
7.5.1. Overview
7.5.2. Circular Crown Coil Market Forecast and Analysis
8. TMS COIL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. CLINIC
8.4.1. Overview
8.4.2. Clinic Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. TMS COIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America TMS Coil Market Overview
9.1.2 North America TMS Coil Market Forecasts and Analysis
9.1.3 North America TMS Coil Market Forecasts and Analysis - By Type
9.1.4 North America TMS Coil Market Forecasts and Analysis - By Application
9.1.5 North America TMS Coil Market Forecasts and Analysis - By Countries
9.1.5.1 United States TMS Coil Market
9.1.5.1.1 United States TMS Coil Market by Type
9.1.5.1.2 United States TMS Coil Market by Application
9.1.5.2 Canada TMS Coil Market
9.1.5.2.1 Canada TMS Coil Market by Type
9.1.5.2.2 Canada TMS Coil Market by Application
9.1.5.3 Mexico TMS Coil Market
9.1.5.3.1 Mexico TMS Coil Market by Type
9.1.5.3.2 Mexico TMS Coil Market by Application
9.2. EUROPE
9.2.1 Europe TMS Coil Market Overview
9.2.2 Europe TMS Coil Market Forecasts and Analysis
9.2.3 Europe TMS Coil Market Forecasts and Analysis - By Type
9.2.4 Europe TMS Coil Market Forecasts and Analysis - By Application
9.2.5 Europe TMS Coil Market Forecasts and Analysis - By Countries
9.2.5.1 Germany TMS Coil Market
9.2.5.1.1 Germany TMS Coil Market by Type
9.2.5.1.2 Germany TMS Coil Market by Application
9.2.5.2 France TMS Coil Market
9.2.5.2.1 France TMS Coil Market by Type
9.2.5.2.2 France TMS Coil Market by Application
9.2.5.3 Italy TMS Coil Market
9.2.5.3.1 Italy TMS Coil Market by Type
9.2.5.3.2 Italy TMS Coil Market by Application
9.2.5.4 Spain TMS Coil Market
9.2.5.4.1 Spain TMS Coil Market by Type
9.2.5.4.2 Spain TMS Coil Market by Application
9.2.5.5 United Kingdom TMS Coil Market
9.2.5.5.1 United Kingdom TMS Coil Market by Type
9.2.5.5.2 United Kingdom TMS Coil Market by Application
9.2.5.6 Rest of Europe TMS Coil Market
9.2.5.6.1 Rest of Europe TMS Coil Market by Type
9.2.5.6.2 Rest of Europe TMS Coil Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific TMS Coil Market Overview
9.3.2 Asia-Pacific TMS Coil Market Forecasts and Analysis
9.3.3 Asia-Pacific TMS Coil Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific TMS Coil Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific TMS Coil Market Forecasts and Analysis - By Countries
9.3.5.1 Australia TMS Coil Market
9.3.5.1.1 Australia TMS Coil Market by Type
9.3.5.1.2 Australia TMS Coil Market by Application
9.3.5.2 China TMS Coil Market
9.3.5.2.1 China TMS Coil Market by Type
9.3.5.2.2 China TMS Coil Market by Application
9.3.5.3 India TMS Coil Market
9.3.5.3.1 India TMS Coil Market by Type
9.3.5.3.2 India TMS Coil Market by Application
9.3.5.4 Japan TMS Coil Market
9.3.5.4.1 Japan TMS Coil Market by Type
9.3.5.4.2 Japan TMS Coil Market by Application
9.3.5.5 South Korea TMS Coil Market
9.3.5.5.1 South Korea TMS Coil Market by Type
9.3.5.5.2 South Korea TMS Coil Market by Application
9.3.5.6 Rest of Asia-Pacific TMS Coil Market
9.3.5.6.1 Rest of Asia-Pacific TMS Coil Market by Type
9.3.5.6.2 Rest of Asia-Pacific TMS Coil Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa TMS Coil Market Overview
9.4.2 Middle East and Africa TMS Coil Market Forecasts and Analysis
9.4.3 Middle East and Africa TMS Coil Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa TMS Coil Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa TMS Coil Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa TMS Coil Market
9.4.5.1.1 South Africa TMS Coil Market by Type
9.4.5.1.2 South Africa TMS Coil Market by Application
9.4.5.2 Saudi Arabia TMS Coil Market
9.4.5.2.1 Saudi Arabia TMS Coil Market by Type
9.4.5.2.2 Saudi Arabia TMS Coil Market by Application
9.4.5.3 U.A.E TMS Coil Market
9.4.5.3.1 U.A.E TMS Coil Market by Type
9.4.5.3.2 U.A.E TMS Coil Market by Application
9.4.5.4 Rest of Middle East and Africa TMS Coil Market
9.4.5.4.1 Rest of Middle East and Africa TMS Coil Market by Type
9.4.5.4.2 Rest of Middle East and Africa TMS Coil Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America TMS Coil Market Overview
9.5.2 South and Central America TMS Coil Market Forecasts and Analysis
9.5.3 South and Central America TMS Coil Market Forecasts and Analysis - By Type
9.5.4 South and Central America TMS Coil Market Forecasts and Analysis - By Application
9.5.5 South and Central America TMS Coil Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil TMS Coil Market
9.5.5.1.1 Brazil TMS Coil Market by Type
9.5.5.1.2 Brazil TMS Coil Market by Application
9.5.5.2 Argentina TMS Coil Market
9.5.5.2.1 Argentina TMS Coil Market by Type
9.5.5.2.2 Argentina TMS Coil Market by Application
9.5.5.3 Rest of South and Central America TMS Coil Market
9.5.5.3.1 Rest of South and Central America TMS Coil Market by Type
9.5.5.3.2 Rest of South and Central America TMS Coil Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TMS COIL MARKET, KEY COMPANY PROFILES
11.1. MAG AND MORE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. E-NEURA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DR. LANGER MEDICAL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BRAINSWAY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. YIRUIDE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. REMED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NEXSTIM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NEUROSOFT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NEURONETICS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MAG VENTURE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. MAGSTIM
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.MAG and More
2.e-Neura
3.Dr. Langer Medical
4.Brainsway
5.Yiruide
6.Remed
7.Nexstim
8.Neurosoft
9.Neuronetics
10.Mag Venture
11.Magstim
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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