Medical Devices Industry Reports magnetoencephalography | Page 2

REPORT DESCRIPTION
Magnetoencephalography Market – Overview
Increasing awareness and diagnosis of mental illness or brain injury is expected to boost growth of the global
magnetoencephalography market during the forecast period. According to National Institute of Mental Health
(NIMH), in 2016, around 44.7 million people18 years of age or above in the U.S. suffered from mental illness and
around 19.2 million people received treatment with right diagnosis.
Furthermore, research and development activities of new technologies in magnetoencephalography is expected to
boost the market growth. For instance, in March 2018, researchers at the Sir Peter Mansfield Imaging Center,
University of Nottingham and the Wellcome Centre for Human Neuroimaging, University College London
developed a new-generation, light-weighted MEG brain scanner, which can be worn like a helmet to allow
patients to move naturally whilst being scanned.
It also offers real-time resolution as it is capable of providing results in milliseconds and can identify the primary
location of brain activation. A MEG device captures brain activity by detecting and amplifying magnetic signals
produced by the brain and does not emit radiation or induce magnetic fields.