Global Transcranial Magnetic Stimulators (TMS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Transcranial Magnetic Stimulators (TMS) market size was valued at US$ 165 million in 2024 and is forecast to a readjusted size of USD 452 million by 2031 with a CAGR of 15.6% during review period.

Transcranial magnetic stimulator (TMS) is a medical device that uses magnetic fields to stimulate nerve cells in the brain. This non-invasive procedure involves placing a coil near the patient's scalp, generating magnetic pulses that influence neural activity. TMS is primarily used to treat neurological and psychiatric conditions such as depression, anxiety, and certain movement disorders. It is considered a safe and effective option for patients who do not respond well to conventional treatments like medication or psychotherapy.

A key driver of the transcranial magnetic stimulator (TMS) market is the rising prevalence of mental health disorders, particularly treatment-resistant depression and anxiety. As traditional therapies like medication and psychotherapy prove ineffective for some patients, there is increasing demand for alternative, non-invasive treatment options such as TMS. Additionally, growing awareness of TMS as a safe and effective intervention, coupled with technological advancements that improve its accessibility and precision, is driving market growth. A major challenge in the TMS market is the high cost of equipment and treatment sessions, which can limit accessibility for both healthcare providers and patients. TMS devices are expensive, and the treatments often require multiple sessions, making it a costly option for patients, particularly those without insurance coverage. Furthermore, limited awareness and availability of TMS in certain regions, as well as the need for trained professionals to administer the treatment, can create additional barriers to market expansion.

Global key players of transcranial magnetic stimulators (TMS) include Yiruide, Magstim, Neuronetics, etc. China is the largest producer of fNIRS brain imaging system, holds a share about 40%, followed by North America, and Europe. In terms of product, rTMS is the largest segment, with a share over 55%. And in terms of application, the largest segment is psychopharmacology, with a share over 45%.

This report is a detailed and comprehensive analysis for global Transcranial Magnetic Stimulators (TMS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Transcranial Magnetic Stimulators (TMS) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031

Global Transcranial Magnetic Stimulators (TMS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031

Global Transcranial Magnetic Stimulators (TMS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031

Global Transcranial Magnetic Stimulators (TMS) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Transcranial Magnetic Stimulators (TMS)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Transcranial Magnetic Stimulators (TMS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yiruide, Neuronetics, Magstim, MagVenture, Neurosoft, Brainsway, eNeura, Remed, Nexstim, MAG & More, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Transcranial Magnetic Stimulators (TMS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
rTMS
sTMS
pTMS
Others

Market segment by Application
Psychopharmacology
Neurology
Rehabilitation Department
Others

Major players covered
Yiruide
Neuronetics
Magstim
MagVenture
Neurosoft
Brainsway
eNeura
Remed
Nexstim
MAG & More
Jiangxi Brain Modulate
VISHEE
YINGCHI
Junjian Wanfeng

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Transcranial Magnetic Stimulators (TMS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Transcranial Magnetic Stimulators (TMS), with price, sales quantity, revenue, and global market share of Transcranial Magnetic Stimulators (TMS) from 2020 to 2025.

Chapter 3, the Transcranial Magnetic Stimulators (TMS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Transcranial Magnetic Stimulators (TMS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Transcranial Magnetic Stimulators (TMS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Transcranial Magnetic Stimulators (TMS).

Chapter 14 and 15, to describe Transcranial Magnetic Stimulators (TMS) sales channel, distributors, customers, research findings and conclusion.