Report Details

According to the report published by the Market Research Store, global demand for the Magnetoencephalography market was estimated at approximately USD 266.3 Million in 2020 and is expected to generate revenue of around USD 466.7 Million by the end of 2026, growing at a CAGR of around 4.9% between 2021 and 2026.

Global Magnetoencephalography Market: Overview

Magnetoencephalography (MEG) is a type of medical neuroimaging technique that tracks the activity of the brain by measuring the magnetic field formed by neurons in the brain. This non-invasive technique is safe, radiation-free, and also can be used for the pediatric population. The magnetoencephalography device comprises several and extremely sensitive magnetometers termed Superconducting Quantum Interface Device (SQUID). These magnetoencephalography tests are used in diagnosing diseases such as epilepsy, Alzheimer’s disease, and brain tumors.
It also provides real-time resolution because it is competent in giving results in milliseconds and identifies the primary position of activation of the brain. A magnetoencephalography device captures the activity of the brain by detecting and amplifying magnetic signals formed by the brain, and it does not release radiation or generate magnetic fields in the surrounding.

REPORT SNAPSHOT & REPORTING DATA TIMEFRAME
Parameter Details
Historical Date ( Actual Data) 2016 - 2020
Base Year Data 2020
Current Year Data 2021
Projected Data 2021 - 2026
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered product type, application, region
Regional scope North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
Country Scope U.S.; Canada; Mexico; Germany; France; U.K.; China; Japan; South Korea; Singapore; Malaysia; Brazil; Saudi Arabia
Customization scope Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Magnetoencephalography Market: Growth Factor

The global magnetoencephalography market is projected to observe significant market growth in the forthcoming years. The major factors driving the global magnetoencephalography market are the growing research and development of new MEG devices, the increasing popularity due to non-invasive techniques, and the increasing prevalence of brain diseases. The growing awareness and diagnosis of brain injury or mental illness are anticipated to enhance the market growth of the global magnetoencephalography industry in the coming years. Moreover, the mounting amount of imaging centers and expansions in technology are boosting the market development of global magnetoencephalography. Also, the potential product launches, the technological improvements, the governmental initiatives, the market development, and the marketing strategies by top market players in the global magnetoencephalography market are likely to propel the market growth during the forecast period.

However, factors such as the increasing preference for other techniques like magnetic computerized axial tomography (CT) scanning, resonance Imaging (MRI) scanning, and Positron emission tomography (PET) scanning might slow down the market growth in the global magnetoencephalography over the analysis period. Another factor that is likely to hamper the market growth of magnetoencephalography includes the low availability of magnetoencephalography (MEG) devices.

Global Magnetoencephalography Market: Segmentation

The global magnetoencephalography (MEG) market can be classified into application and end-user. On the basis of application, the global magnetoencephalography market can be segmented into clinical applications and research applications. In terms of the end-user industry, the global magnetoencephalography market can be categorized into hospitals, imaging centers, and academic & research institutes.

Global Magnetoencephalography Market: Regional Analysis

On the basis of regional analysis, the magnetoencephalography (MEG) market is categorized into five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East, and Africa. The North American market is anticipated to hold a leading position, in terms of region, in the global magnetoencephalography market during the projected period. The high growth in this regional market can be attributed to the growing adoption of magnetoencephalography systems for the motive of clinical brain diagnosis. Also, the presence of well-known market players in the United States together with Cadwell Laboratories Inc., Advanced Brain Monitoring Inc., Electrical Geodesics Inc., DePuy Synthes Companies, HeadSense Medical Inc., and CAS Medical Systems is responsible for the market expansion in this region.

Moreover, the European region is accounted for the second-largest market revenue owing to the quick technological advancements in magnetoencephalography (MEG) systems in this region. The Asia-Pacific market is known as the fastest-growing region in the global magnetoencephalography market, owing to the growing occurrence of mental health disorders in this region.

Global Magnetoencephalography Market: Competitive Players

Major market players covered in the global magnetoencephalography (MEG) market include Croton Healthcare, Compumedics Limited, Merck & Co. Inc., CTF MEG International Services LP, and Ricoh Company Ltd. Moreover, the key market players in the global magnetoencephalography (MEG) market are focusing on strategic acquisitions to augment the sales and distribution of their products at the global level.

Global Magnetoencephalography Market: By Application

  • Clinical Applications
  • Research Applications

Global Magnetoencephalography Market: By End-User

  • Hospitals
  • Imaging Centers
  • Academic & Research Institutes

Global Magnetoencephalography Market: Regional Segmentation Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

 

Frequently Asked Questions

What are the key factors driving global magnetoencephalography market expansion?

The major factors driving the global magnetoencephalography market are the growing research and development of new MEG devices, the increasing popularity due to non-invasive techniques, and the increasing prevalence of brain diseases.

What will be the value of the magnetoencephalography market during 2021 - 2026?

The global demand for the magnetoencephalography market was estimated at approximately USD 266.3 Million in 2020 and is expected to generate revenue of around USD 466.7 Million by the end of 2026, growing at a CAGR of around 4.9% between 2021 and 2026.

Which region will make notable contributions towards global magnetoencephalography market revenue?

The North American market is anticipated to hold a leading position, in terms of region, in the global magnetoencephalography market during the projected period. The high growth in this regional market can be attributed to the growing adoption of magnetoencephalography systems for the motive of clinical brain diagnosis.

What are the key players leveraging magnetoencephalography market growth?

Major market players covered in the global magnetoencephalography (MEG) market include Croton Healthcare, Compumedics Limited, Merck & Co. Inc., CTF MEG International Services LP, and Ricoh Company Ltd. Moreover, the key market players in the global magnetoencephalography (MEG) market are focusing on strategic acquisitions to augment the sales and distribution of their products at the global level.

Table Of Content

  • Chapter 1 Executive Summary
    • 1.1. Introduction of Magnetoencephalography
    • 1.2. Global Magnetoencephalography Market, 2020 & 2026 (USD Million)
    • 1.3. Global Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 1.4. Global Magnetoencephalography MarketAbsulute Revenue Opportunity, 2016 – 2026(USD Million)
    • 1.5. Global Magnetoencephalography MarketIncremental Revenue Opportunity, 2020 – 2026(USD Million)
  • Chapter 2 Magnetoencephalography Market – Application Analysis
    • 2.1. Global Magnetoencephalography Market – Application Overview
    • 2.2. Global Magnetoencephalography Market Share, by Application, 2020 & 2026(USD Million)
    • 2.3. Clinical Applications
      • 2.3.1. Global Clinical Applications Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 2.4. Research Applications
      • 2.4.1. Global Research Applications Magnetoencephalography Market, 2016 – 2026(USD Million)
  • Chapter 3 Magnetoencephalography Market – End-User Analysis
    • 3.1. Global Magnetoencephalography Market – End-User Overview
    • 3.2. Global Magnetoencephalography Market Share, by End-User, 2020 & 2026(USD Million)
    • 3.3. Hospitals
      • 3.3.1. Global Hospitals Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 3.4. Imaging Centers
      • 3.4.1. Global Imaging Centers Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 3.5. Academic & Research Institutes
      • 3.5.1. Global Academic & Research Institutes Magnetoencephalography Market, 2016 – 2026(USD Million)
  • Chapter 4 Magnetoencephalography Market – Regional Analysis
    • 4.1. Global Magnetoencephalography Market Regional Overview
    • 4.2. Global Magnetoencephalography Market Share, by Region, 2020 & 2026(USD Million)
    • 4.3. North America
      • 4.3.1. North America Magnetoencephalography Market, 2016 – 2026(USD Million)
        • 4.3.1.1. North America Magnetoencephalography Market, by Country, 2016 - 2026(USD Million)
      • 4.3.2. North America Magnetoencephalography Market, by Application, 2016 – 2026
        • 4.3.2.1. North America Magnetoencephalography Market, by Application, 2016 – 2026(USD Million)
      • 4.3.3. North America Magnetoencephalography Market, by End-User, 2016 – 2026
        • 4.3.3.1. North America Magnetoencephalography Market, by End-User, 2016 – 2026(USD Million)
      • 4.3.4. U.S.
        • 4.3.4.1. U.S. Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.3.5. Canada
        • 4.3.5.1. Canada Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 4.4. Europe
      • 4.4.1. Europe Magnetoencephalography Market, 2016 – 2026(USD Million)
        • 4.4.1.1. Europe Magnetoencephalography Market, by Country, 2016 - 2026(USD Million)
      • 4.4.2. Europe Magnetoencephalography Market, by Application, 2016 – 2026
        • 4.4.2.1. Europe Magnetoencephalography Market, by Application, 2016 – 2026(USD Million)
      • 4.4.3. Europe Magnetoencephalography Market, by End-User, 2016 – 2026
        • 4.4.3.1. Europe Magnetoencephalography Market, by End-User, 2016 – 2026(USD Million)
      • 4.4.4. Germany
        • 4.4.4.1. Germany Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.4.5. France
        • 4.4.5.1. France Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.4.6. U.K.
        • 4.4.6.1. U.K. Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.4.7. Italy
        • 4.4.7.1. Italy Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.4.8. Spain
        • 4.4.8.1. Spain Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.4.9. Rest of Europe
        • 4.4.9.1. Rest of Europe Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 4.5. Asia Pacific
      • 4.5.1. Asia Pacific Magnetoencephalography Market, 2016 – 2026(USD Million)
        • 4.5.1.1. Asia Pacific Magnetoencephalography Market, by Country, 2016 - 2026(USD Million)
      • 4.5.2. Asia Pacific Magnetoencephalography Market, by Application, 2016 – 2026
        • 4.5.2.1. Asia Pacific Magnetoencephalography Market, by Application, 2016 – 2026(USD Million)
      • 4.5.3. Asia Pacific Magnetoencephalography Market, by End-User, 2016 – 2026
        • 4.5.3.1. Asia Pacific Magnetoencephalography Market, by End-User, 2016 – 2026(USD Million)
      • 4.5.4. China
        • 4.5.4.1. China Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.5.5. Japan
        • 4.5.5.1. Japan Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.5.6. India
        • 4.5.6.1. India Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.5.7. South Korea
        • 4.5.7.1. South Korea Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.5.8. South-East Asia
        • 4.5.8.1. South-East Asia Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.5.9. Rest of Asia Pacific
        • 4.5.9.1. Rest of Asia Pacific Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 4.6. Latin America
      • 4.6.1. Latin America Magnetoencephalography Market, 2016 – 2026(USD Million)
        • 4.6.1.1. Latin America Magnetoencephalography Market, by Country, 2016 - 2026(USD Million)
      • 4.6.2. Latin America Magnetoencephalography Market, by Application, 2016 – 2026
        • 4.6.2.1. Latin America Magnetoencephalography Market, by Application, 2016 – 2026(USD Million)
      • 4.6.3. Latin America Magnetoencephalography Market, by End-User, 2016 – 2026
        • 4.6.3.1. Latin America Magnetoencephalography Market, by End-User, 2016 – 2026(USD Million)
      • 4.6.4. Brazil
        • 4.6.4.1. Brazil Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.6.5. Mexico
        • 4.6.5.1. Mexico Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.6.6. Rest of Latin America
        • 4.6.6.1. Rest of Latin America Magnetoencephalography Market, 2016 – 2026(USD Million)
    • 4.7. The Middle-East and Africa
      • 4.7.1. The Middle-East and Africa Magnetoencephalography Market, 2016 – 2026(USD Million)
        • 4.7.1.1. The Middle-East and Africa Magnetoencephalography Market, by Country, 2016 - 2026(USD Million)
      • 4.7.2. The Middle-East and Africa Magnetoencephalography Market, by Application, 2016 – 2026
        • 4.7.2.1. The Middle-East and Africa Magnetoencephalography Market, by Application, 2016 – 2026(USD Million)
      • 4.7.3. The Middle-East and Africa Magnetoencephalography Market, by End-User, 2016 – 2026
        • 4.7.3.1. The Middle-East and Africa Magnetoencephalography Market, by End-User, 2016 – 2026(USD Million)
      • 4.7.4. GCC Countries
        • 4.7.4.1. GCC Countries Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.7.5. South Africa
        • 4.7.5.1. South Africa Magnetoencephalography Market, 2016 – 2026(USD Million)
      • 4.7.6. Rest of Middle-East Africa
        • 4.7.6.1. Rest of Middle-East Africa Magnetoencephalography Market, 2016 – 2026(USD Million)
  • Chapter 5 Magnetoencephalography Market – Competitive Landscape
    • 5.1. Competitor Market Share – Revenue
    • 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    • 5.3. Strategic Developments
      • 5.3.1. Acquisitions and Mergers
      • 5.3.2. New Products
      • 5.3.3. Research & Development Activities
  • Chapter 6 Company Profiles
    • 6.1. Croton Healthcare
      • 6.1.1. Company Overview
      • 6.1.2. Product/ServicePortfulio
      • 6.1.3. Croton Healthcare Sales, Revenue, and Gross Margin
      • 6.1.4. Croton Healthcare Revenue and Growth Rate
      • 6.1.5. Croton Healthcare Market Share
      • 6.1.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.2. Compumedics Limited
      • 6.2.1. Company Overview
      • 6.2.2. Product/ServicePortfulio
      • 6.2.3. Compumedics Limited Sales, Revenue, and Gross Margin
      • 6.2.4. Compumedics Limited Revenue and Growth Rate
      • 6.2.5. Compumedics Limited Market Share
      • 6.2.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.3. Merck & Co. Inc.
      • 6.3.1. Company Overview
      • 6.3.2. Product/ServicePortfulio
      • 6.3.3. Merck & Co. Inc. Sales, Revenue, and Gross Margin
      • 6.3.4. Merck & Co. Inc. Revenue and Growth Rate
      • 6.3.5. Merck & Co. Inc. Market Share
      • 6.3.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.4. CTF MEG International Services LP
      • 6.4.1. Company Overview
      • 6.4.2. Product/ServicePortfulio
      • 6.4.3. CTF MEG International Services LP Sales, Revenue, and Gross Margin
      • 6.4.4. CTF MEG International Services LP Revenue and Growth Rate
      • 6.4.5. CTF MEG International Services LP Market Share
      • 6.4.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.5. Ricoh Company Ltd.
      • 6.5.1. Company Overview
      • 6.5.2. Product/ServicePortfulio
      • 6.5.3. Ricoh Company Ltd. Sales, Revenue, and Gross Margin
      • 6.5.4. Ricoh Company Ltd. Revenue and Growth Rate
      • 6.5.5. Ricoh Company Ltd. Market Share
      • 6.5.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
  • Chapter 7 Magnetoencephalography — Industry Analysis
    • 7.1. Introduction and Taxonomy
    • 7.2. Magnetoencephalography Market – Key Trends
      • 7.2.1. Market Drivers
      • 7.2.2. Market Restraints
      • 7.2.3. Market Opportunities
    • 7.3. Value Chain Analysis
    • 7.4. Key Mandates and Regulations
    • 7.5. Technulogy Roadmap and Timeline
    • 7.6. Magnetoencephalography Market – Attractiveness Analysis
      • 7.6.1. By Application
      • 7.6.2. By End-User
      • 7.6.3. By Region
  • Chapter 8 Industrial Chain, Sourcing Strategy, and Downstream Buyers
    • 8.1. Magnetoencephalography Industrial Chain Analysis
    • 8.2. Downstream Buyers
    • 8.3. Distributors/Traders List
  • Chapter 9 Marketing Strategy Analysis
    • 9.1. Marketing Channel
    • 9.2. Direct Marketing
    • 9.3. Indirect Marketing
    • 9.4. Marketing Channel Development Trends
    • 9.5. Economic/Pulitical Environmental Change
  • Chapter 10 Report Conclusion& Key Insights
    • 10.1. Key Insights from Primary Interviews & Surveys Respondents
    • 10.2. Key Takeaways from Analysts, Consultants, and Industry Leaders
  • Chapter 11 Research Approach & Methodulogy
    • 11.1. Report Description
    • 11.2. Research Scope
    • 11.3. Research Methodulogy
      • 11.3.1. Secondary Research
      • 11.3.2. Primary Research
      • 11.3.3. Statistical Models
        • 11.3.3.1. Company Share Analysis Model
        • 11.3.3.2. Revenue Based Modeling
      • 11.3.4. Research Limitations

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