Global Intracranial Pressure Icp Monitoring Devices Market Strategies 2024, Forecast To 2033
8 Mar, 2024
The intracranial pressure (ICP) monitoring devices market has experienced strong growth, increasing from $1.57 billion in 2023 to $1.68 billion in 2024, with a CAGR of 7.2%. This growth is attributed to factors such as increasing incidence of traumatic brain injuries (TBIs) and aging population. Looking ahead, the market is expected to see strong growth, reaching $2.16 billion in 2028, with a CAGR of 6.4%. Factors driving this growth include personalized medicine approaches and telemedicine adoption. Major trends in the forecast period include AI integration and focus on non-invasive monitoring, indicating promising prospects for the market.
Global Intracranial Pressure ICP Monitoring Devices Market Key Driver
The growing number of traumatic brain injury (TBI) cases is expected to propel the growth of the intracranial pressure (ICP) monitoring devices market. With an estimated 2.8 million people experiencing TBI each year in the US, as reported by the Brain Injury Association of America, and a concerning number of injuries resulting in hospitalizations and fatalities, there's a critical need for effective monitoring and management of TBI cases. Intracranial pressure monitoring devices play a crucial role in providing real-time information to healthcare professionals, driving market growth as the incidence of TBI rises.
Get A Free Sample Of The Global Intracranial Pressure ICP Monitoring Devices Market ReportGlobal Intracranial Pressure ICP Monitoring Devices Market Segments
The intracranial pressure (icp) monitoring devices market covered in this report is segmented –
1) Technique:Invasive, Non-Invasive
2) Application:Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, Cerebrospinal Fluid (CSF) Management, Migraine, Stroke, Hydrocephalus, Electroencephalogram (EEG), Other Applications
3) End User:Hospitals, Ambulatory Care And Clinics, Other End-users
By Geography: The countries covered in the intracranial pressure (icp) monitoring devices 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 intracranial pressure (ICP) monitoring devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intracranial pressure (icp) monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Intracranial Pressure ICP Monitoring Devices Industry Players
Medtronic plc; Integra LifeSciences Holding Corporation; Natus Medical Inc.; Haiying Medical; Raumedic AG; Sophysa Ltd.; Ad-Tech Medical Instrument Corp.; Third Eye Diagnostics; Boston Neurosciences Inc.; DePuy Synthes; Codman & Shurtleff Inc.; NeuroWave Systems Inc.; Branchpoint Technologies Inc.; Cerebrotech Medical Systems Inc.; Deltex Medical Group plc; Gaeltec Devices Ltd.; Infrascan Inc.; NeuroDx Development; NeuroVent Research Inc.; Noninvasix; Vivonics Inc.; Neural Analytics; Spiegelberg GmbH and Co. KG; HeadSense Medical Ltd.; Moberg ICU Solutions; Nisonic AS; Vittamed Corporation; Cerebral Assessment Systems Inc.; Orsan Medical Technologies Ltd.
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Intracranial Pressure ICP Monitoring Devices Market Overview
Intracranial pressure (ICP) monitoring devices refer to medical devices used to measure and monitor the pressure inside the skull and brain. It is primarily used in patients with conditions that can cause increased intracranial pressure.