Non-invasive Brain Stimulation System Market Size and Share

Non-invasive Brain Stimulation System Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Non-invasive Brain Stimulation System Market Analysis by Mordor Intelligence

The non-invasive brain stimulation system market size is USD 0.74 billion in 2025 and, at a 6.45% CAGR, is forecast to reach USD 1.02 billion by 2030. Regulatory green lights for treatment-resistant depression, algorithm-guided dosing, and real-time imaging feedback underpin demand momentum. Home-use wearables priced below USD 500 shift volumes from hospitals to living rooms, while closed-loop magnetic and electrical stimulators command premium prices in specialty clinics. Regional growth also hinges on streamlined approvals in the Asia Pacific and sustained Medicare reimbursement in the United States. Supply-chain stress around rare-earth magnets inflates coil costs but simultaneously pushes innovators toward electrical systems that depend on standard semiconductors. Venture capital injections of USD 183 million during 2024 illustrate faith in subscription-based software ecosystems layered on top of hardware.

Key Report Takeaways

  • By technology, TMS held 59.4% of the non-invasive brain stimulation system market share in 2024; tES is on course for a 14.0% CAGR through 2030.  
  • By application, major depressive disorder controlled 43.7% of the non-invasive brain stimulation system market size in 2024, while cognitive enhancement & ADHD are expanding at a 17.3% CAGR between 2025 and 2030.  
  • By end user, hospitals contributed 52.8% of the non-invasive brain stimulation system market size in 2024; home-care settings will rise at a 16.4% CAGR in the same horizon.  
  • By geography, North America led with 39.3% non-invasive brain stimulation system market share in 2024; Asia Pacific is growing fastest at 11.4% CAGR to 2030.  

Segment Analysis

By Technology: TMS Dominance Faces tES Disruption

Transcranial magnetic stimulation held 59.4% of revenue in 2024 thanks to robust evidence and wide reimbursement. Nevertheless, tES is forecast to log a 14.0% CAGR, driven by low-cost wearables that favor remote supervision. The non-invasive brain stimulation system market size for tES devices could eclipse USD 0.41 billion by 2030, assuming the current growth pace. A 500% spike in neodymium-iron-boron coil prices raised TMS unit costs, nudging clinics toward electrical systems that sidestep magnet imports.

Enhanced tES models offering multi-channel high-definition targeting now rival magnetic spatial resolution. Vendors integrate cloud-based protocol libraries and user-level compliance tracking, step-changing data granularity. Meanwhile, TMS manufacturers respond with neuronavigation upgrades and coil designs optimized for algorithm-guided dosing, defending their stake in the non-invasive brain stimulation system market.

Non-invasive Brain Stimulation System Market: Market Share by Technology
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Application: Depression Leadership Challenged by Cognitive Enhancement

Major depressive disorder accounted for 43.7% of 2024 demand, stabilized by adolescent approvals and two-week theta-burst regimens. Yet cognitive enhancement & ADHD share is rising swiftly at 17.3% CAGR, fueled by corporate performance programs and emerging literature on attention gains in healthy adults. The non-invasive brain stimulation system market share for cognitive applications could top 20% by 2030 if current momentum persists.

Chronic pain, Parkinson’s, epilepsy, and stroke rehabilitation form a long tail of indications collectively contributing to double-digit growth. Payers remain cautious, but evidence accumulation and algorithmic precision promise coverage expansion, widening the non-invasive brain stimulation system market reach.

By End User: Hospital Dominance Shifts Toward Home Care

Hospitals generated 52.8% of 2024 billings as capital budgets covered magnetic chairs and nursing oversight. However, home-care settings are set to climb 16.4% annually with tele-supervised tES that frees patients from weekly commutes. The non-invasive brain stimulation system market size in domestic environments benefits from smartphone tracking, automated dose logs and AI-powered safety failsafes.

Specialty neuro-psychiatric clinics target complex cases requiring high-dose or closed-loop protocols, while academic labs push envelope indications using research-grade gear exceeding USD 10,000. Mobile TMS vans extend access to rural zones, underscoring how geography barriers erode in the evolving non-invasive brain stimulation system market.

Non-invasive Brain Stimulation System Market: Market Share by End User
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

North America’s 39.3% lead rests on transparent FDA pathways and consistent Medicare coverage. Dense provider networks integrate stimulation into everyday psychiatry, while private insurers trend toward parity reimbursement. Canada’s uptake grows after provincial funding mandates, and Mexico leverages medical tourism, widening regional throughput for the non-invasive brain stimulation system market.

Asia Pacific is the fastest-growing theater at 11.4% CAGR. China’s 4.9% rise interacts with hospital modernization and local magnet supply, reinforcing self-reliance. Japan and South Korea approve multiple platforms, and Australia funds pilot schemes through universal insurance. India’s private sector pioneers app-supervised wearables in urban centers. Regional semiconductor capacity aids cost-down manufacturing, enlarging the non-invasive brain stimulation system market.

Europe delivers measured expansion under well-resourced health systems. Germany dominates on compulsory insurer coverage; the United Kingdom’s NHS recognized TMS for refractory depression in 2024; France and Italy see private demand overtaking public volumes. EU harmonization streamlines certification but enforces stringent post-market surveillance, favoring evidence-rich vendors poised to scale in the non-invasive brain stimulation system market.

Non-invasive Brain Stimulation System Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Neuronetics’ 60% revenue share, fortified by the Greenbrook TMS acquisition, makes it the lone fully vertically integrated player—manufacturing hardware and operating clinics under one roof. BrainsWay pursues deep-field coils to activate broader cortical areas, while MagVenture banks on modular architecture and neuronavigation. Highland Instruments and Soterix Medical chase closed-loop tES with breakthrough designations, aiming for precision in remote settings.

Flow Neuroscience sells USD 399 app-controlled headsets by subscription, challenging the hardware-ownership model. Patent battles intensify around AI dosing engines and cloud compliance platforms. Chinese magnet export caps propel dual sourcing and alloy verticalization strategies among incumbents. The non-invasive brain stimulation system market now rewards hybrid business plans that merge devices with data to capture lifetime patient value.

Non-invasive Brain Stimulation System Industry Leaders

  1. Medtronic plc

  2. Boston Scientific Corporation

  3. BrainsWay Ltd

  4. Neuronetics Inc.

  5. Magstim Group Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Non-invasive Brain Stimulation System Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • March 2025: Neuronetics bought Greenbrook TMS for USD 83 million, lifting annual capacity above 10,000 patients.
  • January 2025: FDA granted breakthrough status to Soterix Medical’s EEG-linked tDCS platform.
  • June 2024: Ybrain secured Korean approval for ADHD-targeted tDCS.

Table of Contents for Non-invasive Brain Stimulation System Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Algorithm-Guided Personalized Stimulation Protocols
    • 4.2.2 Rapid Clinical Adoption For Treatment-Resistant Depression
    • 4.2.3 Expansion Of Home-Use TDCS Wearables Approved By Regulators
    • 4.2.4 Integration With Real-Time Neuro-Imaging For Closed-Loop Therapy
    • 4.2.5 Corporate Mental-Wellness Programs Driving Demand
    • 4.2.6 Venture Funding Surge In Neuromod-As-A-Service Start-Ups
  • 4.3 Market Restraints
    • 4.3.1 Scarcity Of Long-Term Safety Data Beyond 5-Year Horizon
    • 4.3.2 Reimbursement Gaps For Out-Of-Hospital Indications
    • 4.3.3 Device Misuse Concerns In Consumer Bio-Hacking Communities
    • 4.3.4 Supply-Chain Bottlenecks In High-Grade Rare-Earth Magnets
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Technology
    • 5.1.1 Transcranial Magnetic Stimulation (TMS)
    • 5.1.2 Transcranial Electrical Stimulation (tES)
  • 5.2 By Application
    • 5.2.1 Major Depressive Disorder
    • 5.2.2 Chronic Pain Management
    • 5.2.3 Parkinson's Disease
    • 5.2.4 Epilepsy
    • 5.2.5 Stroke Rehabilitation
    • 5.2.6 Cognitive Enhancement & ADHD
    • 5.2.7 Others (Anxiety, Insomnia, Alzheimer's)
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Specialty Neuro-psychiatric Clinics
    • 5.3.3 Out-patient Rehabilitation Centers
    • 5.3.4 Home-care Settings
    • 5.3.5 Academic & Research Institutes
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 South Korea
    • 5.4.3.5 Australia
    • 5.4.3.6 Rest of Asia Pacific
    • 5.4.4 Middle East & Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East & Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.3.1 Medtronic plc
    • 6.3.2 Boston Scientific Corporation
    • 6.3.3 BrainsWay Ltd
    • 6.3.4 Neuronetics Inc
    • 6.3.5 Magstim Group Ltd
    • 6.3.6 Soterix Medical Inc
    • 6.3.7 Neurosoft
    • 6.3.8 MagVenture A/S
    • 6.3.9 Flow Neuroscience AB
    • 6.3.10 NeoSync Inc
    • 6.3.11 Halo Neuroscience
    • 6.3.12 Highland Instruments
    • 6.3.13 Flow Neuroscience
    • 6.3.14 NeoSync Inc.
    • 6.3.15 Caputron
    • 6.3.16 electroCore Inc
    • 6.3.17 Neuroelectrics
    • 6.3.18 Ybrain
    • 6.3.19 eNeura Inc
    • 6.3.20 Salvia BioElectronics

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Non-invasive Brain Stimulation System Market Report Scope

By Technology
Transcranial Magnetic Stimulation (TMS)
Transcranial Electrical Stimulation (tES)
By Application
Major Depressive Disorder
Chronic Pain Management
Parkinson's Disease
Epilepsy
Stroke Rehabilitation
Cognitive Enhancement & ADHD
Others (Anxiety, Insomnia, Alzheimer's)
By End User
Hospitals
Specialty Neuro-psychiatric Clinics
Out-patient Rehabilitation Centers
Home-care Settings
Academic & Research Institutes
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia
Rest of Asia Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Technology Transcranial Magnetic Stimulation (TMS)
Transcranial Electrical Stimulation (tES)
By Application Major Depressive Disorder
Chronic Pain Management
Parkinson's Disease
Epilepsy
Stroke Rehabilitation
Cognitive Enhancement & ADHD
Others (Anxiety, Insomnia, Alzheimer's)
By End User Hospitals
Specialty Neuro-psychiatric Clinics
Out-patient Rehabilitation Centers
Home-care Settings
Academic & Research Institutes
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia
Rest of Asia Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How fast is the non-invasive brain stimulation system market expected to grow by 2030?

It is projected to expand at a 6.45% CAGR, moving from USD 0.74 billion in 2025 to USD 1.02 billion in 2030.

Which region shows the highest growth potential for non-invasive brain stimulation systems?

Asia Pacific, driven by streamlined approvals and hospital investment, is forecast to climb at an 11.4% CAGR through 2030.

What technology leads current revenues?

Transcranial magnetic stimulation (TMS) holds 59.4% of 2024 revenue due to broad clinical validation and reimbursement.

Why are home-use devices gaining momentum?

Class II clearances for tDCS wearables and tele-supervision capabilities offer convenience and lower treatment costs, fueling 16.4% CAGR in home-care settings.

Which company is the market frontrunner?

Neuronetics, after acquiring Greenbrook TMS, controls about 60% of global revenue and operates the largest integrated treatment network.

Page last updated on: