Global Concussion Market Top Major Players 2024, Forecast To 2033

8 Mar, 2024

The concussion market has experienced steady growth, increasing from $7.63 billion in 2023 to $7.91 billion in 2024, with a compound annual growth rate (CAGR) of 3.6%. This growth is driven by factors such as increased awareness and education about concussions. Forecasts suggest continued steady growth, with the market expected to reach $9.27 billion by 2028, growing at a CAGR of 4.0%. This growth is attributed to factors such as the continued focus on sports safety and increased adoption of concussion protocols. Major trends in the forecast period include the rise of teleconcussion services and remote monitoring, as well as educational initiatives for concussion prevention.

Global Concussion Market Key Driver

The rise in the prevalence of brain injuries, illustrated by statistics on traumatic brain injuries and primary malignant tumors, is fueling the growth of the concussion market. Concussion treatments are increasingly sought after to mitigate the effects of brain-related injuries, particularly among high-risk demographics such as 15 to 19-year-olds and seniors aged 65 and older. With traumatic brain injuries affecting millions annually, the concussion market is expected to witness significant expansion driven by the growing awareness and treatment needs for brain injuries.

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Global Concussion Market Segments

The concussion market covered in this report is segmented –
1) Assessment:Diagnosis, Treatment
2) Device:Imaging Devices, Magnetic Resonance Imaging (MRI) Devices, X-Ray, Computed Tomography, Monitoring Devices, Other Devices
3) End User:Hospitals And Clinics, Diagnostic Centers, Medical Camps, Other End-Users
By Geography: The countries covered in the concussion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the concussion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the concussion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major Concussion Industry Players

Pfizer Inc.; Novartis AG; Sanofi SA; Abbott Laboratories; Medtronic plc; Viatris Inc.; Zydus Lifesciences Ltd.; Integra LifeSciences Corporation; Nihon Kohden Corporation; Raumedic AG; Lupin Limited; NeuroPace Inc.; Compumedics Limited; NeuroLogica Corporation; Neural Analytics Inc.; NovaSignal Corp.; Back Bay Life Science Advisors; BrainScope Company Inc.; Neuro Kinetics Inc.; ImPACT Applications Inc.; NanoDx Inc.; Neuren Pharmaceuticals Limited; Advanced Brain Monitoring Inc.; ElMindA Ltd.; NeurOptics Inc.; InfraScan Inc.; Neuro Assessment Systems Inc.; NeuroTrauma Sciences LLC; SyncThink Inc.; Oxeia Biopharmaceuticals Inc.; Oculogica Inc.; Banyan Biomarkers Inc.; Emotiv Inc.; BioDirection Inc.; Neurologic Wellness Institute

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Concussion Market Overview

A concussion is a type of traumatic brain injury (TBI) that occurs when the brain experiences a sudden jolt or blow to the head or body, causing the brain to move rapidly back and forth within the skull. This medical condition can temporarily impair brain function and disrupt normal neurological processes.