The global Magnetoencephalography market size is expected to be worth around US$ 450.9 million by 2030, according to a new report by Vision Research Reports.
The global Magnetoencephalography market size was valued at US$ 352.0 Mn in 2020 and is anticipated to grow at a CAGR of 12.6% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 450.9 million by 2030 |
| Growth Rate | CAGR of 12.6% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Compumedics Limited; Croton Healthcare; Ricoh USA, Inc.; CTF MEG INTERNATIONAL SERVICES LP ; FieldLine Inc. |
Growth Factors
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. market over the forecast period is increasing technological improvements in magnetoencephalography (MEG) systems and their growing adoption. Also, the rising prevalence of neurological disorders causing death and disability worldwide is expected to fuel market growth.
Key Players
Market Segmentation
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