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Magnetoencephalography Market Size, Share & Trends Analysis Report By Application (Clinical, Research), By End-use (Hospitals, Imaging Centers, Academic & Research Institutes), By Region, And Segment Forecasts, 2021 - 2028

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    Report

  • 100 Pages
  • September 2021
  • Region: Global
  • Grand View Research
  • ID: 5450209
The global magnetoencephalography market size is expected to reach USD 353.9 million by 2028, according to a new report by the publisher The market is expected to expand at a CAGR of 4.6% from 2021 to 2028. The growing frequency of new product launches and the rise in the incidence of neurological disorders such as epilepsy and stroke are key factors driving the market. In addition, the growing geriatric population is also expected to drive the growth of the market, since they are more prone to neurodegenerative diseases. According to the World Health Organization, neurological disorders are a leading cause of death, accounting for 12.0% of all deaths worldwide.



Magnetoencephalography (MEG) technologies detect the weak magnetic fields created in the brain and use them to quantify brain functionality and map brain activity. In a clinical setting, MEG provides several inherent applications. Scans can be performed in a safe and silent atmosphere due to the passive nature of the recordings, which even allows a patient's companion to be present within the shielded area. According to a systematic review of the Global Burden of Disease study published in JAMA Neurology in 2017, non-communicable neurological disorders caused a considerable and growing burden in the United States, thus, expected to boost the market growth.

The market's prominent competitors are acquiring medium and small-sized businesses to expand their product portfolio and enhance their manufacturing capacity. For instance, in December 2020, the Magnetic Shields Limited (MSL) of Kent in partnership with the University of Nottingham has developed Cerca Magnetics Limited, a new spin-out company that will deliver the world's most advanced functional wearable brain scanner to market. It is designed to let people move around freely while being scanned.

Magnetoencephalography Market Report Highlights

  • By application, the clinical segment dominated the MEG market and accounted for the largest revenue share of over 56.0% in 2020, and is further expected to continue its dominance throughout the forecast period
  • The clinical segment is further sub-segmented into dementia, autism, schizophrenia, multiple sclerosis, stroke, epilepsy, and others, in which the epilepsy sub-segment held the largest market share owing to its increasing prevalence worldwide
  • Based on end-use, the hospital segment held the largest revenue share in 2020, owing to the increasing number of hospitals in developing countries and growing competition in healthcare service providers
  • The imaging center segment is expected to experience the fastest growth rate during the forecast period due to its convenience, proximity, lower costs to patients, and presence of insurers
  • In Asia Pacific, the market is anticipated to witness the fastest CAGR of 5.6% over the forecast period due to the presence of untapped opportunities in the emerging economies of China and India


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Frequently Asked Questions about the Magnetoencephalography Market

What is the estimated value of the Magnetoencephalography Market?

The Magnetoencephalography Market was estimated to be valued at $252 Million in 2020.

What is the growth rate of the Magnetoencephalography Market?

The growth rate of the Magnetoencephalography Market is 4.6%, with an estimated value of $353.9 Million by 2028.

What is the forecasted size of the Magnetoencephalography Market?

The Magnetoencephalography Market is estimated to be worth $353.9 Million by 2028.

Who are the key companies in the Magnetoencephalography Market?

Key companies in the Magnetoencephalography Market include Compumedics Limited, Croton Healthcare, Ricoh USA, Inc. and FieldLine Inc..

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Application
1.1.2. End-use
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.3.5.1. Data for primary interviews in North America
1.3.5.2. Data for primary interviews in Europe
1.3.5.3. Data for primary interviews in Asia Pacific
1.3.5.4. Data for primary interviews in Latin America
1.3.5.5. Data for Primary interviews in MEA
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
1.6.1.1. Approach 1: Commodity flow approach
1.6.2. Volume price analysis (Model 2)
1.6.2.1. Approach 2: Volume price analysis
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
1.9.1. Objective 1
1.9.2. Objective 2
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Application outlook
2.2.2. End-use outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Magnetoencephalography Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Reimbursement framework
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increase in prevalence of neurological disorders
3.4.1.2. Technological advancements
3.4.2. Market restraint analysis
3.4.2.1. High cost of MEG
3.4.2.2. Presence of alternative diagnostic devices
3.5. Magnetoencephalography Market Analysis Tools
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier power
3.5.1.2. Buyer power
3.5.1.3. Substitution threat
3.5.1.4. Threat of new entrant
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Technological landscape
3.5.2.3. Economic landscape
3.5.3. Major Deals & Strategic Alliances Analysis
3.5.4. Market Entry Strategies
Chapter 4. Magnetoencephalography Market: Application Estimates & Trend Analysis
4.1. Definitions and Scope
4.1.1. Clinical
4.1.2. Research
4.2. Application Market Share, 2020 & 2028
4.3. Segment Dashboard
4.4. Global Magnetoencephalography Market by Application Outlook
4.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the following
4.5.1. Clinical
4.5.1.1. Clinical market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.2. Dementia
4.5.1.2.1. Dementia market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.3. Autism
4.5.1.3.1. Autism market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.4. Schizophrenia
4.5.1.4.1. Schizophrenia market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.5. Multiple sclerosis
4.5.1.5.1. Multiple sclerosis market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.6. Stroke
4.5.1.6.1. Stroke market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.7. Epilepsy
4.5.1.7.1. Epilepsy market estimates and forecast 2016 to 2028 (USD Million)
4.5.1.8. Other
4.5.1.8.1. Other market estimates and forecast 2016 to 2028 (USD Million
4.5.2. Research
4.5.2.1. Research market estimates and forecast 2016 to 2028 (USD Million)
Chapter 5. Magnetoencephalography Market: End-use Estimates & Trend Analysis
5.1. Definitions and Scope
5.1.1. Hospitals
5.1.2. Imaging centers
5.1.3. Academic and research institutes
5.2. End-use Market Share, 2020 & 2028
5.3. Segment Dashboard
5.4. Global Magnetoencephalography Market by End Use Outlook
5.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the following
5.5.1. Hospitals
5.5.1.1. Hospitals market estimates and forecast 2016 to 2028 (USD Million)
5.5.2. Imaging centers
5.5.2.1. Imaging centers estimates and forecast 2016 to 2028 (USD Million)
5.5.3. Academic and research institutes
5.5.3.1. Academic and research institutes market estimates and forecast 2016 to 2028 (USD Million)
Chapter 6. Magnetoencephalography Market: Regional Estimates & Trend Analysis
6.1. Regional market share analysis, 2020 & 2028
6.2. Regional Market Dashboard
6.3. Global Regional Market Snapshot
6.4. Regional Market Share and Leading Players, 2020
6.4.1. North America
6.4.2. Europe
6.4.3. Asia Pacific
6.4.4. Latin America
6.4.5. Middle East and Africa
6.5. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
6.5.1. North America
6.5.2. Europe
6.5.3. Asia Pacific
6.5.4. Latin America
6.5.5. Middle East and Africa
6.6. Market Size, & Forecasts, Volume and Trend Analysis, 2016 to 2028:
6.7. North America
6.7.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.7.2. U.S.
6.7.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.7.3. Canada
6.7.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.8. Europe
6.8.1. U.K.
6.8.1.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.8.2. Germany
6.8.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.8.3. France
6.8.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.8.4. Italy
6.8.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.8.5. Spain
6.8.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.9. Asia Pacific
6.9.1. China
6.9.1.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.9.2. Japan
6.9.2.1. Market estimates and forecast, 2016 - 2028 (Volume, Thousand)
6.9.3. India
6.9.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.9.4. Thailand
6.9.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.9.5. South Korea
6.9.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.10. Latin America
6.10.1. Brazil
6.10.1.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.10.2. Mexico
6.10.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.10.3. Argentina
6.10.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.10.4. Colombia
6.10.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.11. MEA
6.11.1. Saudi Arabia
6.11.1.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.11.2. South Africa
6.11.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.11.3. UAE
6.11.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.2.1. Innovators
7.3. Vendor Landscape
7.3.1. List of key distributors and channel partners
7.3.2. Key customers
7.3.3. Key company market share analysis, 2020
7.3.4. Compumedics Limited
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Product benchmarking
7.3.4.4. Strategic initiatives
7.3.5. Croton Healthcare
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Product benchmarking
7.3.5.4. Strategic initiatives
7.3.6. Ricoh USA, Inc.
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Product benchmarking
7.3.6.4. Strategic initiatives
7.3.7. CTF MEG International Services LP
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Product benchmarking
7.3.7.4. Strategic initiatives
7.3.8. FieldLine Inc.
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Product benchmarking
7.3.8.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 North America magnetoencephalography market, by region, 2016 - 2028 (USD Million)
Table 3 North America magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 4 North America magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 5 U.S. magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 6 U.S. magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 7 Canada magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 8 Canada magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 9 Europe magnetoencephalography market, by region, 2016 - 2028 (USD Million)
Table 10 Europe magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 11 Europe magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 12 Germany magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 13 Germany magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 14 U.K. magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 15 U.K. magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 16 France magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 17 France magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 18 Italy magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 19 Italy magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 20 Spain magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 21 Spain magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 22 APAC magnetoencephalography market, by region, 2016 - 2028 (USD Million)
Table 23 APAC magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 24 APAC magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 25 China magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 26 China magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 27 Japan magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 28 Japan magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 29 India magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 30 India magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 31 Thailand magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 32 Thailand magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 33 South Korea magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 34 South Korea magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 35 Latin America magnetoencephalography market, by region, 2016 - 2028 (USD Million)
Table 36 Latin America magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 37 Latin America magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 38 Brazil magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 39 Brazil magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 40 Mexico magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 41 Mexico magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 42 Argentina magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 43 Argentina magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 44 Colombia magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 45 Colombia magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 46 Middle East and Africa magnetoencephalography market, by region, 2016 - 2028 (USD Million)
Table 47 Middle East and Africa magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 48 Middle East and Africa magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 49 Saudi Arabia magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 50 Saudi Arabia magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 51 South Africa magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 52 South Africa magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
Table 53 UAE magnetoencephalography market, by application, 2016 - 2028 (USD Million)
Table 54 UAE magnetoencephalography market, by end use, 2016 - 2028 (USD Million)
List of Figures
Figure. 1 Market research process
Figure. 2 Data triangulation techniques
Figure. 3 Primary research pattern
Figure. 4 Primary interviews in North America
Figure. 5 Primary interviews in Europe
Figure. 6 Primary interviews in APAC
Figure. 7 Primary interviews in Latin America
Figure. 8 Primary interviews in MEA
Figure. 9 Market research approaches
Figure. 10 Value-chain-based sizing & forecasting
Figure. 11 QFD modeling for market share assessment
Figure. 12 Market formulation & validation
Figure. 13 Magnetoencephalography market :market outlook
Figure. 14 Magnetoencephalography market competitive insights
Figure. 15 Parent market outlook
Figure. 16 Related/ancillary market outlook
Figure. 17 Penetration and growth prospect mapping
Figure. 18 Industry value chain analysis
Figure. 19 Magnetoencephalography market driver impact
Figure. 20 Magnetoencephalography market restraint impact
Figure. 21 Magnetoencephalography market strategic initiatives analysis
Figure. 22 Magnetoencephalography market: application movement analysis
Figure. 23 Magnetoencephalography market: application outlook and key takeaways
Figure. 24 Clinical market estimates and forecast, 2016 - 2028
Figure. 25 Dementia market estimates and forecast, 2016 - 2028
Figure. 26 Autism market estimates and forecast, 2016 - 2028
Figure. 27 Schizophrenia market estimates and forecast, 2016 - 2028
Figure. 28 Multiple sclerosis market estimates and forecast, 2016 - 2028
Figure. 29 Stroke market estimates and forecast, 2016 - 2028
Figure. 30 Epilepsy market estimates and forecast, 2016 - 2028
Figure. 31 Other market estimates and forecast, 2016 - 2028
Figure. 32 Research market estimates and forecast, 2016 - 2028
Figure. 33 Magnetoencephalography market: end-use movement analysis
Figure. 34 Magnetoencephalography market: end-use outlook and key takeaways
Figure. 35 Hospitals market estimates and forecast, 2016 - 2028
Figure. 36 Imaging centers market estimates and forecast, 2016 - 2028
Figure. 37 Academic and research institutes market estimates and forecast, 2016 - 2028
Figure. 38 Global magnetoencephalography market: regional movement analysis
Figure. 39 Global magnetoencephalography market: regional outlook and key takeaways
Figure. 40 Global market share and leading players
Figure. 41 North America market share and leading players
Figure. 42 Europe market share and leading players
Figure. 43 Asia Pacific market share and leading players
Figure. 44 Latin America market share and leading players
Figure. 45 Middle East & Africa market share and leading players
Figure. 46 North America: SWOT
Figure. 47 Europe SWOT
Figure. 48 Asia Pacific SWOT
Figure. 49 Latin America SWOT
Figure. 50 MEA SWOT
Figure. 51 North America, by country
Figure. 52 North America
Figure. 53 North America market estimates and forecast, 2016 - 2028
Figure. 54 U.S.
Figure. 55 U.S. market estimates and forecast, 2016 - 2028
Figure. 56 Canada
Figure. 57 Canada market estimates and forecast, 2016 - 2028
Figure. 58 Europe
Figure. 59 Europe market estimates and forecast, 2016 - 2028
Figure. 60 U.K.
Figure. 61 U.K. market estimates and forecast, 2016 - 2028
Figure. 62 Germany
Figure. 63 Germany market estimates and forecast, 2016 - 2028
Figure. 64 France
Figure. 65 France market estimates and forecast, 2016 - 2028
Figure. 66 Italy
Figure. 67 Italy market estimates and forecast, 2016 - 2028
Figure. 68 Spain
Figure. 69 Spain market estimates and forecast, 2016 - 2028
Figure. 70 Asia Pacific
Figure. 71 Asia Pacific market estimates and forecast, 2016 - 2028
Figure. 72 China
Figure. 73 China market estimates and forecast, 2016 - 2028
Figure. 74 Japan
Figure. 75 Japan market estimates and forecast, 2016 - 2028
Figure. 76 India
Figure. 77 India market estimates and forecast, 2016 - 2028
Figure. 78 Thailand
Figure. 79 Thailand market estimates and forecast, 2016 - 2028
Figure. 80 South Korea
Figure. 81 South Korea market estimates and forecast, 2016 - 2028
Figure. 82 Latin America
Figure. 83 Latin America market estimates and forecast, 2016 - 2028
Figure. 84 Brazil
Figure. 85 Brazil market estimates and forecast, 2016 - 2028
Figure. 86 Mexico
Figure. 87 Mexico market estimates and forecast, 2016 - 2028
Figure. 88 Argentina
Figure. 89 Argentina market estimates and forecast, 2016 - 2028
Figure. 90 Colombia
Figure. 91 Colombia market estimates and forecast, 2016 - 2028
Figure. 92 Middle East and Africa
Figure. 93 Middle East and Africa market estimates and forecast, 2016 - 2028
Figure. 94 Saudi Arabia
Figure. 95 Saudi Arabia market estimates and forecast, 2016 - 2028
Figure. 96 South Africa
Figure. 97 South Africa market estimates and forecast, 2016 - 2028
Figure. 98 UAE
Figure. 99 UAE market estimates and forecast, 2016 - 2028
Figure. 100 Participant categorization- magnetoencephalography market
Figure. 101 Market share of key market players- magnetoencephalography market

Companies Mentioned

  • Compumedics Limited
  • Croton Healthcare
  • Ricoh USA, Inc.
  • CTF MEG International Services LP
  • FieldLine Inc.

Methodology

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