Intracranial pressure monitors are an integral part of neurological surgery for monitoring and recording the pressure inside the head and skull as increased intracranial pressure can be life-threatening. Severe brain injury, brain trauma, tumors, hydrocephalus, meningitis, stroke and other neurological conditionsmay lead to elevated intracranial pressure, which needs to get detected to prevent further injury to nervous system. Increased intracranial pressure may bring about death, stroke, seizures and critical neurological problems. Traumatic brain injury is one of the major cause of death around the world which is estimated to be 200 per 100,000 every year and this fact contributes the growth of the intracranial pressure monitors market.
The purpose of this research study titled ‘Intracranial Pressure Monitors Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global intracranial pressure monitors market. This report presents and analyzes the major trends prevalent in the global intracranial pressure monitors market and the market size and forecast.
This report categorizes the global intracranial pressure monitors market in terms of application type, technique types and geographical distribution. Based on application type, the global intracranial pressure monitors market is categorized into brain injury or brain trauma, brain tumor, hemorrhage, hydrocephalus, meningitis and others. Invasive and non-invasive procedures are the key techniques of these devices considered. Invasive techniques can further be divided into External Ventricular Drainage (EVD) and Microtransducer, whereas non-invasive techniques can further be classified as Transcranial Doppler Ultrasonography (TCD), Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter (ONSD), Magnetic Resonance Imaging (MRI) & Computer Tomography (CT) and Fundoscopy and Papilledema. Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 2017-2025.
The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of device type, usage areas and constituent region/country level markets.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global intracranial pressure monitors market. Competition assessment tools such as, major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the intracranial pressure monitors market. The key players profiled in this report are Vittamed, Sophysa Ltd., Orsan Medical Technologies,Spiegelberg GmbH & Co. KG, Integra LifeSciences, Holdings Corporation, Gaeltec Devices Ltd., Codman & Shurtleff, Inc., Raumedic AG and others.
Invasive technique is done by making a hole in skull of the patient followed by insertion of a catheter and the sensor present in the catheter continuously detects the pressure exerted in the brain due to any diseases or injury. Invasive techniques can further be divided into External Ventricular Drainage (EVD) and Microtransducer, where the absence of recalibration system and higher price make Microtransducer lesser preferred device than EVD. Although the precision, specificity and accuracy of invasive technique contribute largely to make it the leading technique for intracranial pressure monitoring, but some post-operative complications are also associated with it. To deal with these complications like hemorrhage or infection, currently the non-invasive method of intracranial pressure measurement is emerging.
Non-invasive techniques can further be classified as Transcranial Doppler Ultrasonography (TCD), Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter (ONSD), Magnetic Resonance Imaging (MRI) & Computer Tomography (CT) and Fundoscopy and Papilledema. Non-invasive techniques are more suitable for pediatric population and patients suffering from hydrocephalus. Among all non-invasive techniques due to the sensitive and reliable results, MRI and CT segment is anticipated to dominate the intracranial pressure monitors market. It is anticipated that the chances of lesser complication and extensive research on the non-invasive technologies will impose higher growth in forecasting years.
Due to the increasing incidences of traumatic brain injuries caused by external factors, it is expected to be the largest revenue generating segment in intracranial pressure monitors market. As per Centers for Disease Control and Prevention (CDC), 1.7 million people suffer from traumatic brain injury annually in United States only. The rising incidences therefore contribute major share to the intracranial pressure monitors market.
Global Intracranial Pressure Monitors Market, by Applications, 2016 (US$ Mn)
The intracranial pressure gets elevated from its normal range in case of any infection or inflammation of brain tissue like meningitis, hydrocephalus or any other neurological disorders, which need the involvement of intracranial pressure monitors to get tracked; therefore the rising trend in brain infections will fuel growth in intracranial pressure monitors market in upcoming days.
Geographically, the global intracranial pressure monitors market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is anticipated to hold the largest share followed by European and Asia-Pacific market because of the risingincidences of traumatic brain injury by any means of accident, technological advancement in pressure monitoring devices, well developed healthcare infrastructure and presence of dominant market players. Asia-Pacific region is also expected to face significant growth in intracranial pressure monitors market due to government initiatives for healthcare and growing health awareness in public.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Intracranial Pressure Monitors market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Technique
| |
Application
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report