According to our latest study on “Traumatic Brain Injury Diagnostic Equipment Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Device (Imaging Devices and Monitoring Devices), Technique [Intracranial Pressure (ICP) Monitoring and Partial Pressure of Oxygen In Brain Tissue (pBrO2)], and End User (Hospitals, Diagnostic Centers, and Others),” the market is expected to grow from US$ 3,111.44 million in 2021 to US$ 5,458.94 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028. The report highlights the key factors driving and restraining the market growth, trends prevailing in the market, and prominent players with their developments.
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Top Companies Analysis- NanoDx; Compumedics Limited; Elekta AB; Integra LifeSciences; Natus Medical Incorporated; Nihon Kohden Corporation; RAUMEDIC AG; BrainScope Company Inc.; NOVASIGNAL CORPORATION; Medtronic; InfraScan, Inc and many more companies are included in the report.
Traumatic brain injury is a nondegenerative, noncongenital injury to the brain from an external mechanical force, possibly resulting in permanent or temporary impairment of cognitive, physical, and psychosocial functions, with an associated diminished or altered state of consciousness. Factors such as the rise in traumatic brain injuries and increased awareness regarding brain injuries are expected to boost the market growth in the coming years. However, the cost associated with TBI diagnostic equipment may hamper the market’s growth.
Due to the COVID-19 pandemic, the demand for traumatic brain injury diagnostic equipment has slumped. The Traumatic Brain Injury Diagnostic Equipment Market in Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. China and India are major contributors to the market growth, owing to the rising adoption of traumatic brain injury diagnostic equipment and increasing road accidents.
Based on technique, the traumatic brain injury diagnostic equipment market is segmented into intracranial pressure (ICP) monitoring and partial pressure of oxygen in brain tissue (pBrO2). The intracranial pressure (ICP) monitoring segment held a larger market share in 2021. However, the partial pressure of oxygen in brain tissue (pBrO2) segment is estimated to register a higher CAGR during the forecast period. Intracranial pressure (ICP) monitoring is a diagnostic test that helps doctors determine if high or low cerebrospinal fluid (CSF) pressure is causing the symptoms. The test measures the pressure in the head directly using a small pressure-sensitive probe inserted through the skull. Current guidelines for severe TBI management recommend ICP monitoring to calculate and maintain cerebral perfusion pressure (CPP) and prevent cerebral ischemia and infarction.
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The report segments the traumatic brain injury diagnostic equipment market as follows:
The traumatic brain injury diagnostic equipment market is segmented based on device, technique, end user, and geography. Based on device, the market is bifurcated into imaging devices and monitoring devices. In terms of technique, the market is segmented into intracranial pressure (ICP) monitoring and partial pressure of oxygen in brain tissue (pBrO2). Based on end user, the traumatic brain injury diagnostic equipment market is segmented into hospitals, diagnostic centers, and others. Geographically, the traumatic brain injury diagnostic equipment market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, Africa, and the Rest of Middle East & Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).
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