Magstim Inc.
Roseville, MN Part of Magstim Group Incorporated
- UEI
- MMDHHFM418D8
- CAGE
- 7PDZ2
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- NAICS codes registered in SAM.gov
- Corporate family
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-
Magstim Group Incorporated
Parent
QPAKH67LFLM3
- Magstim Inc. MMDHHFM418D8
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Magstim Group Incorporated
Parent
QPAKH67LFLM3
- SAM.gov registration date
- Physical address
- 1626 Terrace Dr, Roseville, MN 55113, USA
- Website
- magstim.com
- Founded
- 1990
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
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- Health Care
- Health Care Equipment & Services
- Health Care Providers & Services
- SIC code
- 38 Instruments & Related Products
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Nimh:supply:integrated neuromodulation and neurophysiology system: n/a | Office of Logisitics and Acquisition Operations | $233,861 | |
| Magstim horizon transcranial magnetic stimulation | Veterans Integrated Service Network 21 | $60,050 | |
| Nimh: supply: saline nets: n/a | Office of Logisitics and Acquisition Operations | $68,650 | |
| Electroencephalography (EEG) system | Veterans Integrated Service Network 21 | $155,140 | |
| Warranty and preventative maintenance for magstim TMS equipment | Veterans Integrated Service Network 19 | $36,000 |
About Magstim Inc.
Magstim Inc., a Minnesota-based subsidiary of Magstim Group Incorporated, manufactures and delivers transcranial magnetic stimulation (TMS) systems, electroencephalography (EEG) equipment, and related neurological medical devices to federal healthcare agencies as a self-certified small disadvantaged business operating exclusively as a prime contractor (100% of recent awards). The company specializes in FDA-cleared TMS therapy systems for treating major depressive disorder, obsessive-compulsive disorder, and anxiety, along with EEG sensor nets and ancillary neurological monitoring equipment, competing predominantly under full-and-open competition with occasional small business set-asides.
Customer concentration is heavily weighted toward the Department of Veterans Affairs across multiple Veterans Integrated Service Networks (VISNs). The VA accounts for approximately 82% of combined potential value across Magstim's recent awards: VA Headquarters anchors the largest share at $6.1 million across five awards, followed by VISN 21 ($585 thousand, five awards), VISN 22 ($321 thousand, four awards), and VISN 19 ($275 thousand, five awards). The Defense Health Agency, National Institutes of Health (National Institute on Drug Abuse and National Institute of Nursing Research), and the National Institute of Mental Health represent the remaining customer base, with the Defense Health Agency placing two awards valued at $273 thousand. The top five customers by both count and dollar value together cover 45% of awards and 82% of combined potential value, reflecting significant concentration in the VA clinical and research mission.
Representative recent work includes a $155,140 sole-source electroencephalography system award from VA VISN 21 (Palo Alto VA Health Care System) in January 2026 including a 256-channel GES 400 Desktop EEG system with sensor nets and extended support, a $123,290 TMS system with motorized therapy chair delivery to Naval Medical Center San Diego through the Defense Health Agency in October 2025, a $123,290 rTMS Horizon 3.0 system award to VA VISN 21 (Sierra Nevada Healthcare System) in February 2025, and a $112,725 medical devices delivery to the National Institute on Drug Abuse in May 2024. Magstim also maintains a multi-year maintenance and preventive-maintenance contract with VA VISN 19 running through November 2029 for $92,000, and a four-year preventive maintenance award with VA VISN 19 (ultimate completion September 2026) for $8,000.
Magstim operates under a single named parent vehicle: an indefinite delivery contract (VA11917D0035) with five task orders valued at $3.1 million combined potential value. The vendor holds no position on government-wide acquisition contracts (GWACs), schedules, or civilian-agency IDIQs; all work flows through individual purchase orders or the VA-specific indefinite delivery vehicle. Activity has declined year over year — seven awards in 2022 to two in 2026 — with four awards (combined potential value $355 thousand) reaching ultimate completion within the next twenty-four months, representing modest recompete exposure. Across the federal footprint, Magstim's work concentrates on medical device procurement under NAICS 334510 (Electromedical and Electrotherapeutic Apparatus Manufacturing) and PSC Medical and Surgical Instruments, Equipment, and Supplies, with 51 total awards and $9.2 million in combined potential value across all federal sources, of which $6.1 million has been obligated. The company's corporate parent, Magstim Group Incorporated, carries the same small disadvantaged business certification.
SBA capabilities narrative
Magnetic pulses are used in the treatment of Depression
Quick answers
What is Magstim Inc.'s UEI?
Magstim Inc.'s Unique Entity ID (UEI) in SAM.gov is MMDHHFM418D8.
What is Magstim Inc.'s CAGE code?
Magstim Inc.'s CAGE code is 7PDZ2.
What is Magstim Inc.'s primary NAICS code?
Magstim Inc.'s primary NAICS code is 423450 (Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers).
Where is Magstim Inc. located?
Magstim Inc.'s physical address in SAM.gov is 1626 Terrace Dr, Roseville, MN 55113, USA.
Is Magstim Inc. registered in SAM.gov?
Yes. Magstim Inc.'s SAM.gov registration is active through September 21, 2027.
Who is Magstim Inc.'s parent company?
Magstim Inc. is part of Magstim Group Incorporated.
What is Magstim Inc.'s most recent federal award?
Magstim Inc.'s most recent federal contract award is Nimh:supply:integrated neuromodulation and neurophysiology system: n/a (75N98026P01355), from Office of Logisitics and Acquisition Operations, on August 18, 2026.
On GovTribe
See Magstim Inc.'s full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
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