What is the Historical Analysis of the Non-Invasive Brain Trauma Monitoring Devices Market Size?
The non-invasive brain trauma monitoring devices market has seen considerable growth due to a variety of factors.
• In the past few years, there has been a significant expansion in the market for non-invasive brain trauma monitoring devices. It is projected to increase from $8.68 billion in 2024 to $9.65 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.2%. Factors contributing to growth during the historic period include a focus on a personalized medicine approach, the integration of long-term monitoring, widespread use of wearable devices, signal sensitivity enhancement, and the incorporation of multimodal monitoring.
What Does Future Hold for The Non-Invasive Brain Trauma Monitoring Devices Template Market?
The Non-Invasive Brain Trauma Monitoring Devices market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for non-invasive brain trauma monitoring devices is anticipated to experience swift expansion. It is projected to reach a value of $15.15 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.9%.
The market's growth during the forecast period can be linked to increased awareness and diagnoses, joint research initiatives, the need for prolonged monitoring solutions, advances in signal processing, and improvements in remote connectivity. Key trends to watch in this forecast period are device miniaturization and wearability, sensor technology advancements, emphasis on real-time monitoring, remote patient tracking, and non-invasive imaging techniques.
What Are The Primary Growth Drivers In The Non-Invasive Brain Trauma Monitoring Devices Market?
The escalation in instances of neurological disorders and diseases is anticipated to drive the need for non-invasive brain trauma monitoring devices. Neurological disorders, which are a significant category of non-communicable diseases (NCDs), affect people's thought processes, emotions, and behavior and can result from injuries like brain damage, spinal cord damage, or nerve damage. These non-invasive brain trauma monitoring devices assist with ongoing monitoring and enable physicians to ascertain patients' critical state and decide on the necessary steps to mitigate their critical trauma condition. For instance, in January 2024, the American Cancer Society, a nonprofit cancer advocacy organization based in the US, projected new instances of brain cancer to hit 25,400 in 2024, a jump from 24,810 in 2023. Consequently, the surge in neurological disorders and diseases is expected to stimulate the non-invasive brain trauma monitoring devices market.
What Is The Segmentation Of The Global Non-Invasive Brain Trauma Monitoring Devices Market?
The non-invasive brain trauma monitoring devices market covered in this report is segmented –
1) By Type: Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor, Other Types
2) By Application: Cardiology, Urology And Nephrology, Oncology, Gastroenterology, Other Applications
3) By End-User: Hospitals, Neurological Centers, Other End Users
Subsegments:
1) By Non-invasive Intracranial Pressure Monitor: Transcranial Doppler (TCD) Devices, Near-Infrared Spectroscopy (NIRS) Devices
2) By Non-invasive Cerebral Edema Dynamic Monitor: Electrical Impedance Tomography (EIT), Magnetic Resonance Imaging (MRI)-Based Monitors
3) By Other Types: Ultrasound-Based Monitors, Bioelectrical Signal Monitors
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What Emerging Trends Are Shaping The Non-Invasive Brain Trauma Monitoring Devices Market Landscape?
Rapid technological innovation is an emerging trend making headway in the non-invasive brain trauma monitoring device market. Major players within non-invasive brain trauma monitoring devices are harnessing cutting-edge innovations to consolidate their foothold in the market. For example, in May 2024, Canon Medical Systems, a firm specialized in medical imaging and healthcare technology hailing from Japan, debuted their first Aquilion Serve SP CT scanner installation in the U.S., that includes INSTINX, which is an AI-based workflow automation system. This scanner has been engineered to boost imaging functionalities while elevating patient care standards. Plus, the INSTINX system, an AI-driven workflow automation tool, helps smoothen imaging procedures, enhancing efficiency and precision in healthcare environments.
Who Are the Key Players In The Non-Invasive Brain Trauma Monitoring Devices Market?
Major companies operating in the non-invasive brain trauma monitoring devices market include:
• Sophysa Ltd.
• Spiegelberg GmbH & Co. KG
• Natus Medical Inc.
• Nihon Kohden Corporation
• Philips Healthcare
• Advanced Brain Monitoring
• CAS Medical Systems Inc.
• Siemens AG
• Compumedics Ltd.
• Medtronic Plc.
• Integra LifeSciences
• Cadwell Industries Inc.
• Codman & Shurtleff Inc.
• Covidien PLC.
• Hitachi Medical Corporation
• Koninklijke Philips N.V.
• NeuroLogica Corp.
• NeuroWave Systems Inc.
• Noraxon U.S.A
• Sense Neuro Diagnostics
• GE Healthcare
• BrainScope Company Inc.
• Cerebrotech Medical Systems Inc.
• Neural Analytics Inc.
• Oculogica Inc.
• Ornim Medical Ltd.
What Are The Regional Insights Into The Non-Invasive Brain Trauma Monitoring Devices Market?
North America was the largest region in the non-invasive brain trauma monitoring devices market share in 2024. The regions covered in the non-invasive brain trauma monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
