Concussion Market Size, Share, Growth, Trends, Company Analysis, Regional Insights and Forecast 2020 - 2027

The global concussion market size is expected to reach over USD 8.7 billion by 2027, expanding at a CAGR of 3.4% from forecast period 2020 to 2027.

The global concussion market size was valued at USD 6.5 billion in 2019, according to Vision Research Reports.

Increasing number of injuries being caused to the brain resulting in a high prevalence of associated disorders such as concussion is driving the market in a positive manner.

The rising number of road accidents and sports injuries, coupled with the growing vulnerable aging population, are major factors driving the market. In addition, increasing research activities on concussion diagnosis and treatment as well as the adoption of technologically advanced products are few other factors contributing to market growth.

Report Insights

• The treatment segment dominated the largest revenue share of 51.1% in 2019. The segment is expected to witness the highest CAGR of 3.6% from 2020 to 2027.
• The diagnosis segment is further sub-segmented into Magnetic Resonance Imaging (MRI), Computed Tomography (CT) scan, and X-ray. Due to the higher sensitivity of these devices, they are widely used to assess patients with concussions.
• North America region accounted for the largest revenue share of 62% in 2019. This is owing to the greater incidence of concussions due to road accidents and sports injuries in the continent, increasing government initiatives, and awareness campaigns regarding concussion prevention, diagnosis, and treatment.
• In Asia Pacific, the market is expected to witness the highest CAGR of 5% from 2020 to 2027 owing to factors such as growth in the aging population who are more vulnerable to falls, increasing incidence of road accidents, and violence.

Some of the prominent players in the concussion market include:

• Nihon Kohden Corporation

• Compumedics Ltd.

• Integra Lifesciences

• BioDirection, Inc.

• InfraScan, Inc.

• Oculogica

• Raumedic AG

Market Segmentation

Assessment and Treatment Outlook

• • Diagnosis

    • Magnetic Resonance Imaging (MRI) Devices

    • Computed Tomography (CT) Scan

    • X-ray

    • Others

  • Treatment

Regional Outlook

• • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Colombia

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE