The global market for Magnetoencephalography was estimated at US$298.2 Million in 2024 and is projected to reach US$379.3 Million by 2030, growing at a CAGR of 4.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Magnetoencephalography market.
Unlike traditional electroencephalography (EEG), which can be affected by skull and scalp interference, MEG offers superior spatial resolution and real-time brain activity mapping. As neuroscience advances and brain-computer interface (BCI) research expands, MEG is playing a growing role in understanding cognitive functions, detecting neurological abnormalities, and assisting in the development of neuroprosthetic devices.
AI-powered MEG data analysis is also improving diagnostic precision, allowing for real-time detection of abnormal brain activity patterns associated with neurological conditions. Additionally, the integration of MEG with other imaging modalities, such as MRI and positron emission tomography (PET), is enhancing multi-modal brain mapping capabilities for a more comprehensive understanding of brain function.
Global Magnetoencephalography (MEG) Market - Key Trends & Drivers Summarized
Why Is Magnetoencephalography Gaining Importance?
Magnetoencephalography (MEG) is an advanced neuroimaging technique that measures the magnetic fields produced by neural activity in the brain. MEG provides a non-invasive and highly accurate method for studying brain function, making it a crucial tool in neurology, cognitive research, and pre-surgical brain mapping. With the rising prevalence of neurological disorders such as epilepsy, Alzheimer's disease, and traumatic brain injuries, the demand for MEG technology is increasing in both clinical and research settings.Unlike traditional electroencephalography (EEG), which can be affected by skull and scalp interference, MEG offers superior spatial resolution and real-time brain activity mapping. As neuroscience advances and brain-computer interface (BCI) research expands, MEG is playing a growing role in understanding cognitive functions, detecting neurological abnormalities, and assisting in the development of neuroprosthetic devices.
How Are Innovations Enhancing the Performance of MEG?
Recent innovations in MEG technology are improving sensitivity, portability, and affordability. Traditional MEG systems require large and expensive magnetically shielded rooms to minimize environmental noise. However, advancements in optically pumped magnetometers (OPMs) have enabled the development of compact and wearable MEG systems that can function outside of shielded environments, making them more accessible for clinical and research applications.AI-powered MEG data analysis is also improving diagnostic precision, allowing for real-time detection of abnormal brain activity patterns associated with neurological conditions. Additionally, the integration of MEG with other imaging modalities, such as MRI and positron emission tomography (PET), is enhancing multi-modal brain mapping capabilities for a more comprehensive understanding of brain function.
What Are the Key Market Drivers?
The increasing global burden of neurological and psychiatric disorders is a major driver for the MEG market. The growing emphasis on early diagnosis and personalized medicine in neurology is further fueling the adoption of advanced imaging technologies like MEG. Research into brain-computer interfaces, neurostimulation therapies, and cognitive neuroscience is expanding the scope of MEG applications beyond traditional clinical use.What Challenges and Future Opportunities Exist?
Challenges include the high cost of MEG systems, limited availability of trained specialists, and the complexity of MEG data interpretation. However, opportunities lie in the development of cost-effective, portable MEG devices that expand access to advanced neuroimaging. The rise of AI-powered neuroanalytics, real-time brain monitoring for neurorehabilitation, and MEG-assisted brain-computer interfaces (BCIs) are expected to drive future market growth.Scope of Study:
The report analyzes the Magnetoencephalography market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Application (Clinical Application, Research Application); End-Use (Hospitals End-Use, Imaging Centers End-Use, Academic & Research Institute End-Uses)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Clinical Application segment, which is expected to reach US$221.6 Million by 2030 with a CAGR of a 3.3%. The Research Application segment is also set to grow at 5.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $81.2 Million in 2024, and China, forecasted to grow at an impressive 7.4% CAGR to reach $76.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Magnetoencephalography Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Magnetoencephalography Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Magnetoencephalography Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as 4D Neuroimaging, Advanced Brain Monitoring, Inc., Cerca Magnetics Limited, Compumedics Limited, Croton Healthcare and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 32 companies featured in this Magnetoencephalography market report include:
- 4D Neuroimaging
- Advanced Brain Monitoring, Inc.
- Cerca Magnetics Limited
- Compumedics Limited
- Croton Healthcare
- CTF MEG International Services LP
- Elekta Neuromag
- FieldLine Inc.
- Hitachi Medical Systems
- Magnetica Limited
- MEGIN
- Neuromag Oy
- NeuroScan Ltd.
- Neurosoft Ltd.
- Nihon Kohden Corporation
- Ricoh Company, Ltd.
- Shimadzu Corporation
- Tristan Technologies
- Yokogawa Electric Corporation
- York Instruments Ltd.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 4D Neuroimaging
- Advanced Brain Monitoring, Inc.
- Cerca Magnetics Limited
- Compumedics Limited
- Croton Healthcare
- CTF MEG International Services LP
- Elekta Neuromag
- FieldLine Inc.
- Hitachi Medical Systems
- Magnetica Limited
- MEGIN
- Neuromag Oy
- NeuroScan Ltd.
- Neurosoft Ltd.
- Nihon Kohden Corporation
- Ricoh Company, Ltd.
- Shimadzu Corporation
- Tristan Technologies
- Yokogawa Electric Corporation
- York Instruments Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 266 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 298.2 Million |
| Forecasted Market Value ( USD | $ 379.3 Million |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
