Press release
Magnetoencephalography Market Size Share and Forecast Report 2023-2030
Global Magnetoencephalography Market Set to Surpass $400 Million by 2030: DataM Intelligence Analysis
The global Magnetoencephalography (MEG) market achieved a valuation of US$ 273.8 million in 2022 and is poised for substantial growth, reaching an estimated US$ 408.8 million by 2030. The market is expected to showcase a commendable Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period from 2023 to 2030.
MEG, a technology mapping and localizing brain activity associated with cognitive processes such as language processing, memory, attention, and sensory perception, continues to be a vital tool for researchers. Understanding precise time and location of brain activity aids in unraveling the intricate interactions within the brain contributing to cognitive processes.
Market Scope and Metrics:
CAGR: 5.2%
Forecast Period: 2023-2030
Data Availability: 2021-2030
Segments Covered: Application, End-user, and Region
Regions Covered: North America, Europe, Asia-Pacific, South America, Middle East & Africa
Fastest Growing Region: Asia-Pacific
Largest Region: North America
Insights Covered in the Report:
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Orthopedic Surgery Key Insights.
Download Sample: https://www.datamintelligence.com/download-sample/magnetoencephalography-market
Market Dynamics:
The global MEG market is propelled by the increasing prevalence of dementia, impacting memory, conduct, emotional processing, and cognition. The market also benefits from technological advancements in neuroimaging, offering improved diagnosis, treatment, and prevention of neurodegenerative conditions.
Challenges:
Challenges associated with MEG, including high costs and limited accessibility, are hindering market growth. MEG infrastructure is not as common as other imaging modalities, limiting its widespread use in research and therapeutic settings.
Segment Analysis:
The clinical segment is expected to dominate the market, holding approximately 57.8% of the MEG market in 2022. MEG's precision in pinpointing areas for surgery in brain tumor and epilepsy cases enhances the likelihood of surgical success.
Geographical Penetration:
North America holds a dominant position in the global MEG market, estimated to account for around 40.7% of the total market share throughout the forecast period. The prevalence of dementia, particularly Alzheimer's disease, contributes to the region's significant market share.
To know more Insights: https://www.datamintelligence.com/research-report/magnetoencephalography-market
Competitive Landscape:
Major global players in the market include Compumedics Limited, MEGIN, Ricoh USA, Inc., CTF MEG INTERNATIONAL SERVICES LP, FieldLine Inc., Cerca Magnetics Limited, and Croton healthcare among others.
By Application:
Clinical: Dementia, Autism, Schizophrenia, Multiple Sclerosis, Stroke, Epilepsy, Others
Research
By End-user:
Hospitals
Diagnostic Imaging centers
Academic And Research Institutes
By Region:
North America: U.S., Canada, Mexico
Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
South America: Brazil, Argentina, Rest of South America
Asia-Pacific: China, India, Japan, Australia, Rest of Asia-Pacific
Middle East and Africa
Related Reports:
Electroencephalography Amplifiers Market: https://www.datamintelligence.com/research-report/electroencephalography-amplifiers-market
Electroencephalography Devices Market: https://www.datamintelligence.com/research-report/electroencephalography-devices-market
Magnetic Beads Market: https://www.datamintelligence.com/research-report/magnetic-beads-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
The global Magnetoencephalography (MEG) market achieved a valuation of US$ 273.8 million in 2022 and is poised for substantial growth, reaching an estimated US$ 408.8 million by 2030. The market is expected to showcase a commendable Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period from 2023 to 2030.
MEG, a technology mapping and localizing brain activity associated with cognitive processes such as language processing, memory, attention, and sensory perception, continues to be a vital tool for researchers. Understanding precise time and location of brain activity aids in unraveling the intricate interactions within the brain contributing to cognitive processes.
Market Scope and Metrics:
CAGR: 5.2%
Forecast Period: 2023-2030
Data Availability: 2021-2030
Segments Covered: Application, End-user, and Region
Regions Covered: North America, Europe, Asia-Pacific, South America, Middle East & Africa
Fastest Growing Region: Asia-Pacific
Largest Region: North America
Insights Covered in the Report:
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Orthopedic Surgery Key Insights.
Download Sample: https://www.datamintelligence.com/download-sample/magnetoencephalography-market
Market Dynamics:
The global MEG market is propelled by the increasing prevalence of dementia, impacting memory, conduct, emotional processing, and cognition. The market also benefits from technological advancements in neuroimaging, offering improved diagnosis, treatment, and prevention of neurodegenerative conditions.
Challenges:
Challenges associated with MEG, including high costs and limited accessibility, are hindering market growth. MEG infrastructure is not as common as other imaging modalities, limiting its widespread use in research and therapeutic settings.
Segment Analysis:
The clinical segment is expected to dominate the market, holding approximately 57.8% of the MEG market in 2022. MEG's precision in pinpointing areas for surgery in brain tumor and epilepsy cases enhances the likelihood of surgical success.
Geographical Penetration:
North America holds a dominant position in the global MEG market, estimated to account for around 40.7% of the total market share throughout the forecast period. The prevalence of dementia, particularly Alzheimer's disease, contributes to the region's significant market share.
To know more Insights: https://www.datamintelligence.com/research-report/magnetoencephalography-market
Competitive Landscape:
Major global players in the market include Compumedics Limited, MEGIN, Ricoh USA, Inc., CTF MEG INTERNATIONAL SERVICES LP, FieldLine Inc., Cerca Magnetics Limited, and Croton healthcare among others.
By Application:
Clinical: Dementia, Autism, Schizophrenia, Multiple Sclerosis, Stroke, Epilepsy, Others
Research
By End-user:
Hospitals
Diagnostic Imaging centers
Academic And Research Institutes
By Region:
North America: U.S., Canada, Mexico
Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
South America: Brazil, Argentina, Rest of South America
Asia-Pacific: China, India, Japan, Australia, Rest of Asia-Pacific
Middle East and Africa
Related Reports:
Electroencephalography Amplifiers Market: https://www.datamintelligence.com/research-report/electroencephalography-amplifiers-market
Electroencephalography Devices Market: https://www.datamintelligence.com/research-report/electroencephalography-devices-market
Magnetic Beads Market: https://www.datamintelligence.com/research-report/magnetic-beads-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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