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Magnetoencephalography Market Size

  • Report ID: GMI5529
  • Published Date: Apr 2023
  • Report Format: PDF

Magnetoencephalography Market Size

Magnetoencephalography Market size surpassed USD 174 million in 2022. The industry is projected to register over 11% CAGR through 2023-2032, considering the increasing number of patients with epilepsy and other neurological disorders.

 

The burden of brain disorders including epilepsy increases at a steady pace worldwide. Based on the CDC’s data, in 2021, nearly 3.4 million people were diagnosed with epilepsy in the U.S. This rising prevalence of epilepsy will augment the demand for magnetoencephalography brain imaging systems for pre-surgical evaluation of the disease. Magnetoencephalography (MEG) records are commonly used in conjunction with electroencephalography to identify the source of epileptiform brain activity, a source of seizures. The high awareness of clinical benefits will boost the development of medical imaging devices including MEG system

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for magnetoencephalography surpassed USD 170 million in 2022 and will register over 11% CAGR through 2023-2032, considering the increasing number of patients with epilepsy and other neurological disorders.

Clinical application segment will be valued at over USD 350 million by 2032, given the growing incidence of neurodegenerative diseases.

North American magnetoencephalography market is anticipated to exceed USD 200 million by 2032, on account of the increasing prevalence of autism spectrum disorder among adolescents and children.

Prominent players in the market include Cerca Magnetics Limited, CTF MEG INTERNATIONAL SERVICES LP, Ricoh USA, Inc., MEGIN (Croton Healthcare), FieldLine Inc., and Compumedics Limited, among others.

Magnetoencephalography Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 6
  • Tables & Figures: 154
  • Countries covered: 7
  • Pages: 150
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