The global traumatic brain injury assessment & management devices market size is expected to be worth around US$ 10.5 billion by 2030, according to a new report by Vision Research Reports.
The global traumatic brain injury assessment & management devices market size was valued at US$ 3.9 billion in 2020 and is anticipated to grow at a CAGR of 9.3% during forecast period 2021 to 2030.
|Market Size||US$ 10.5 Bn by 2030|
|Growth Rate||CAGR of 9.3% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Device, technique, end-use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||BioDirection, Inc.; BrainScope Company, Inc.; Neural Analytics, Inc.; Compumedics Ltd.; Integra LifeSciences; Natus Medical, Inc.|
The increasing prevalence of traumatic brain injuries (TBIs), rising patients’ preference for minimally invasive procedures, and rising awareness regarding brain injuries are the major factors expected to fuel the market growth. In addition, the adoption of technologically advanced products and supportive government policies are few more factors contributing to the market growth. Traumatic brain injuries are permanent or temporary impairment to the brain that can be caused by a blow, bump, or shock to the skull. Major causes of TBIs include sports injuries, falls, gunshot wounds, domestic violence, and road traffic accidents.
By Device Analysis
The imaging devices segment dominated the market with a share of 55.04% in 2020. The imaging devices are further segmented into computed tomography (CT), magnetic resonance imaging (MRI) devices, X-ray, and others.
The monitoring devices segment is expected to expand at the highest CAGR of 9.6% from 2021 to 2030 owing to the minimally invasive nature of these devices, increasing awareness, and improvement in healthcare facilities.
By Technique Analysis
The intracranial pressure (ICP) monitoring segment dominated the market with a share of 55.61% in 2020. This method is considered to be a gold standard for the accurate measurement of intracranial pressure in patients with severe brain injury.
The partial pressure of oxygen in the brain tissue (pBrO2) segment is expected to expand at the highest CAGR of 8.10% from 2021 to 2030. Continuous pBrO2 monitoring provides timely information about cerebral oxygen demand in patients suffering from traumatic brain injury.
By End-use Analysis
The hospitals' segment dominated the market with a share of 43.17% in 2020 owing to the increase in the number of brain surgeries performed in hospitals as well as a surge in the prevalence of TBIs patients globally.
The others' segment including ambulatory surgical centers, research centers, and emergency clinics is expected to expand at the highest CAGR of 8.10% from 2021 to 2030. This is attributed to numerous advantages offered by emergency clinics and ASCs such as shorter procedure time and same-day discharge as compared to hospitals.
By Regional Analysis
North America dominated the market with a share of 53.73% in 2020. This is attributed to the presence of well-established healthcare facilities in the region, increasing government initiatives, awareness campaigns regarding brain injuries, and greater incidence of traumatic brain injuries in the region.
The Asia Pacific region is expected to expand at the highest CAGR of 10.9% from 2021 to 2030. This is attributed to factors such as growth in the aging population, rise in the number of people suffering from traumatic brain injuries, increasing incidence of road accidents, and violence.
BrainScope Company, Inc.
Neural Analytics, Inc.
Advanced Brain Monitoring Inc.
Natus Medical, Inc.
Nihon Kohden Corporation
Magnetic Resonance Imaging (MRI) Devices
Intracranial Pressure (ICP) Monitoring
Partial Pressure of Oxygen in Brain Tissue (pBrO2)
Middle East and Africa (MEA)
The Traumatic Brain Injury Assessment & Management Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Traumatic Brain Injury Assessment & Management Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Traumatic Brain Injury Assessment & Management Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Traumatic Brain Injury Assessment & Management Devices market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Traumatic Brain Injury Assessment & Management Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Traumatic Brain Injury Assessment & Management Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Traumatic Brain Injury Assessment & Management Devices by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Traumatic Brain Injury Assessment & Management Devices market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Traumatic Brain Injury Assessment & Management Devices market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Traumatic Brain Injury Assessment & Management Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Traumatic Brain Injury Assessment & Management Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Traumatic Brain Injury Assessment & Management Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Traumatic Brain Injury Assessment & Management Devices market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Traumatic Brain Injury Assessment & Management Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Traumatic Brain Injury Assessment & Management Devices market. These factors have benefited the growth of the global market for Traumatic Brain Injury Assessment & Management Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Traumatic Brain Injury Assessment & Management Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Traumatic Brain Injury Assessment & Management Devices are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Pediatric Wheelchair Market (By Product Type: Manual, Electric; By Frame Type: Rigid, Foldable; By Application: Homecare, Hospital) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030Read more...
Immunotherapy Drugs Market (By Drug Type: Monoclonal Antibodies, Immunomodulators; By Indication: Infectious Diseases, Cancer) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030Read more...
MRI Motion Tracking Systems Market (By Type: Optical Tracking Systems, Software; By Product: Marker, Marker-less) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030Read more...
5G In Healthcare Market (By Component: Hardwar, Services; By Application: Remote Patient Monitoring; Connected Medical Devices; By End-use) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030Read more...
Surgical Scissors Market (By Type: Disposable, Reusable; By Application: Cardiology, Orthopedics, Gastroenterology, Dermatology, Neurology; By Material; By End-use) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030Read more...