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Magnetoencephalography Market Share

Report ID: GMI5529
Published Date: Nov 2024
Report Format: PDF

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Magnetoencephalography Market Share

The magnetoencephalography (MEG) market is dominated by a few key players specializing in neuroimaging technology, with companies like Cerca Magnetics, Compumedics, CTF MEF International Services, and FieldLine among the most prominent. Cerca Magnetics, a leader in MEG systems, holds a substantial market share, supported by its extensive customer base and long-standing expertise in neuroimaging. The market share distribution is shaped by each company's technological advancements, partnerships with research institutions, and capabilities in addressing complex neurological needs. Increasing neurological research and clinical applications continue to foster competition and drive MEG market expansion.

Magnetoencephalography Market Companies

Prominent players operating in the magnetoencephalography industry include:

Cerca Magnetics
Compumedics
CTF MEF
FieldLine
MEGIN
Ricoh USA

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global magnetoencephalography industry was valued at USD 223.5 million in 2023 and is expected to grow at a CAGR of 11.1% from 2024 to 2032, driven by advancements in neuroscience and increasing demand for non-invasive brain imaging solutions.

The cryogenic systems/conventional segment is projected to expand at a CAGR of 9.4%, reaching around USD 500 million by 2032, due to its crucial role in early diagnosis of neurological diseases.

The North America magnetoencephalography market recorded USD 88.8 million in 2023 and is anticipated to grow at a CAGR of 10.5% between 2024 and 2032, driven by significant investment in neurological research and advanced healthcare infrastructure.

Key players in the magnetoencephalography industry include Cerca Magnetics, Compumedics, CTF MEF, FieldLine, MEGIN, and Ricoh USA.