Magnetoencephalography Market 2033: Unlocking Neural Mysteries
The global market for magnetoencephalography (MEG) was valued at USD 307.1 million in 2024, and is projected to grow to USD 569.7 million by 2033, representing a compound annual growth rate (CAGR) of 7.2% between 2025 and 2033. This expansion is primarily driven by ongoing improvements in MEG system technology, broader adoption of MEG in clinical and research settings, and a rising prevalence of neurological disorders globally, which cause significant death and disability. Advances in sensor precision, data-processing algorithms, and integration with other imaging modalities (such as MRI or PET) have greatly enhanced MEG's ability to measure and map brain activity with high spatial and temporal accuracy. These innovations make MEG more useful not only for diagnosing neurological conditions like epilepsy, stroke, and dementia, but also for studying brain function in cognitive science and neurodevelopment. Additionally, growing demand from both hospitals and research institutions h...