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Home » Press Releases » Global Intracranial Pressure Monitoring Market worth $2.37 million by 2030

Global Intracranial Pressure Monitoring Market worth $2.37 million by 2030


Published Date: Apr-2022 | Report Format:Electronic (PDF)

The report" Global Intracranial Pressure Monitoring " Market by Technique (Invasive Intracranial Pressure Monitoring - External Ventricular Drainage (EVD), Microtransducer ICP Monitoring; Non-invasive Intracranial Pressure Monitoring - Transcranial Doppler Ultrasonography, Optic Nerve Sheath Diameter, Tympanic Membrane Displacement, MRI/CT, Others), Application (Traumatic Brain Injury (TBI), Subarachnoid haemorrhage, Intracerebral Haemorrhage, Hydrocephalus, Cerebral Edema, Malignant Cerebral Infarction (MCI), CNS infections, Others), End-user (Hospitals, Ambulatory Surgical Centers, Trauma Centers, Neurosurgery Centers) and Regional (North America, the Middle East and Africa, APAC and Europe)- Global Forecast to 2030. " In 2020, the market share of Global Intracranial Pressure Monitoring was USD 1.3 billion. It is predicted to reach USD 2.37 billion by 2030, with a CAGR of 6.2 % throughout the forecasted period.

 

To know more about the report, Click on the link :- https://www.strategicmarketresearch.com/market-report/intracranial-pressure-monitoring-market

 

KEY FACTORS AUGMENTING THE MARKET GROWTH

The rising incidence of neurological illnesses and traumatic accidents and rising investment in healthcare infrastructure are some of the major drivers of the Global Intracranial Pressure Monitoring market throughout 2020-2030.

 

By Application, the Traumatic Brain Injury' segment holds the most significant share of the market.

Based on the Application, TBI will own 26.8% of the market share in 2020 and is anticipated to do so in the following years. Because of TBI, intracranial pressure increases, and it can be monitored using intracranial pressure monitoring with an intraparenchymal pressure monitor, which drives the need for those devices.

 

By Technique, Non-invasive intracranial pressure measurement accounted for the maximum share of the market in 2020

Based on technique, non-invasive intracranial pressure measuring procedures such as venous ophthalmodynamometry are becoming increasingly popular. Furthermore, infections and hemorrhagic complications are frequently associated with invasive monitoring methods, prompting a widespread search for non-invasive alternatives. Invasive intracranial pressure monitoring therapies, on the other hand, led the market in 2021, with a market share of 80.9 %.

 

By End-users, the "Hospital" segment holds the maximum share of the market.

Based on end-user, the hospital currently owns the largest market share and is predicted to boom at a fast rate throughout the projected period. In the future years, trauma centres are likely to gain a significant market share.

 

By Region, North America comprehensively leads the market in terms of market share.

Based on the region, with a market share of 37.64 %, North America is predicted to be the most critical region in the global intracranial pressure monitoring market. However, Asia Pacific is the most focused and fastest-growing region, with a CAGR of 7.67 %, owing to enormous opportunities for market participants to expand their presence.

 

SOME OF THE CRUCIAL EXISTING MARKET PLAYERS:

Below mentioned players are the ones who are the market leaders of Global Intracranial Pressure Monitoring - Integra Lifesciences Corporation, Sophysa Ltd, Medtronic Plc., Natus, Medical Incorporated, DePuy Synthes, IRRAS AB, Spiegelberg GmbH & Co, RAUMEDIC, Inc, Gaeltec devises Ltd, Nisonic, Focus Medical Group Inc., Headsense Medical Inc., Linet.

 

Recent Developments: -

  • On 14th April 2021, NovaSignal Corp., which specializes in assessing cerebral blood flow, today announced the release of the NovaGuideTM 2 Platform, which provides physicians with crucial, real-time information about cerebral blood flow to help guide diagnosis and improve patient outcomes.
  • On 5th February 2021, Novasignal Corp. released a cloud-based programme that sends alarms straight from their cerebral ultrasound equipment to physicians.
  • On 2nd February 2021, Expanding Innovations Inc. inked a deal with DePuy Synthes to market the X-Pac Expandable Lumbar Cage System in the United States. The X-Pac Cage adds to DePuy Synthes' existing product line, allowing for a more thorough procedure in the lumbar degenerative and minimally invasive spine segments.
  • On 22nd July 2020, CUSA Clarity received FDA clearance for a specific neurosurgery indication, according to Integra LifeSciences.

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