Global Non-Invasive BrainTrauma Monitoring Devices Market is
expected to reach USD 15.12 billion by 2024, according to a new report by
Grand View Research, Inc. The rising burden of Traumatic Brain Injuries (TBI)
is a leading cause of neurodegenerative disorders such as Alzheimer’s and
Parkinson’s disease. As a result, there are numerous initiatives taken at the
regional and global levels to create awareness, which facilitated a heavy
diagnosis rate, thus governing the growth of non-invasive brain trauma
monitoring devices.
Technological advancements in this field are connected with
accuracy, portability, and affordability, which are supporting the industry
growth. For instance, recently available non-invasive intracranial pressure
monitors, such as Transcranial Doppler (TCD), are accurate in positioning and
creating a better pressure gradient and also bringing in more accuracy in the treatment.
The Minimally Invasive Surgeries (MIS) are less traumatic to
patients and facilitate faster recovery with minimum complications. In
minimally invasive neurological surgeries, non-invasive brain trauma monitoring
devices play a critical role. Thus, the increasing volume of MIS is driving the
industry’s growth.
The key target population in this industry includes people
above 60 years. This section of the population is at a greater risk for TBIs
and their co-morbidities. The global geriatric population is on arise and is a
vital driver for this industry.
Full Research Report on Global Non-Invasive Brain Trauma
Monitoring Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/non-invasive-brain-trauma-monitoring-devices-market
http://www.grandviewresearch.com/industry-analysis/non-invasive-brain-trauma-monitoring-devices-market
Further key findings from the study suggest:
- Monitoring
devices that include intracranial pressure monitors, MRI scanners, CT scanners,
PET scanners, EEG, and MEG held a substantial share of around 60.0% in
2015. The high costs associated with this equipment and the increasing
usage of these devices governed the growth of this segment.
- The
consumables sub-segment in the product segment is anticipated to witness
lucrative growth over the forecast period. The repeat purchase of
consumables and regular maintenance activities are expected to spur the
demand for these products.
- The
market on the basis of end-use is segmented into hospitals, neurological
centers, and other settings. The hospital segment dominated the end-use
segment with over 75.0% of the revenue. The greater volume of surgeries
performed in hospitals contributed to its growth.
- On the
contrary, neurological centers are expected to grow at a sturdy rate over
the forecast period. The availability of specialized staff and advanced
methodologies are likely to boost the demand for this segment.
- North
America dominated the non-invasive brain trauma monitoring devices market
in 2015. The advanced healthcare system, high awareness level, and
well-planned reimbursement policies helped this market to grow in this
region. However, Asia Pacific is anticipated to witness significant growth
over the forecast period.
- Some key
players operating in this industry include Natus Medical, Inc., Nihon
Kohden Corporation, Philips Healthcare, GE Healthcare, Advanced Brain
Monitoring, CAS Medical Systems, Inc., Siemens, Compumedics Ltd.,
Medtronic Plc., and Integra LifeSciences. New product launches,
co-developments, and acquisitions are the key initiatives in this
industry.
- For
instance, in January 2013, Natus Medical acquired Astro-Med’s products
included in monitoring and neurodiagnostic products. This acquisition
helped the company to widen the portfolio of EEG systems.
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research
has segmented the Global Non-Invasive Brain Trauma Monitoring Devices Market on
the basis of products, end-use, and region:
Global Non-invasive Brain Trauma Monitoring Devices
Market By Product (USD Million), 2013 - 2024
- Monitoring
Devices
- Intracranial
Pressure Monitors
- MRI
- CT
Scanner
- PET
Scanner
- EEG
- MEG
- Other
- Consumables
- Hospital
- Neurological
Centers
- Others
Global Non-invasive Brain Trauma Monitoring Devices
Market By End-use (USD Million), 2013 - 2024
- Hospital
- Neurological
Centers
- Others
Non-invasive Brain Trauma Monitoring Devices Market By
Region (USD Million), 2013 - 2024
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Argentina
- MEA
- South
Africa
- Saudi
Arabia
View press release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/global-non-invasive-brain-trauma-monitoring-devices-market
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com