Global Non-Invasive Brain Trauma Monitoring Devices market demand 2024, Forecast To 2033
4 Mar, 2024
Additionally, the non-invasive brain trauma monitoring devices market has witnessed rapid growth, increasing from$7.96 billion in 2023 to$8.91 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. This growth is attributed to a personalized medicine approach, emphasis on long-term monitoring, widespread adoption of wearables, improvements in signal sensitivity, and integration of multimodal monitoring. Forecasts suggest rapid growth in the coming years, with the market expected to reach$13.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. Growth in the forecast period is driven by increased awareness and diagnosis, collaborative research efforts, demand for long-term monitoring solutions, innovations in signal processing, and advancements in remote connectivity. Major trends in the forecast period include miniaturization and wearable devices, advancements in sensor technology, emphasis on real-time monitoring, remote patient monitoring, and non-invasive imaging techniques.
Global Non-Invasive Brain Trauma Monitoring Devices Market Key Driver
The increased prevalence of neurological disorders and diseases is expected to propel the demand for non-invasive brain trauma monitoring devices. Neurological disorders are one of the major non-communicable diseases (NCDs) that impact people's thoughts, emotions, behavior, and injuries like brain injury, spinal cord injury, or nerve injury. Non-invasive brain trauma monitoring devices help in continuous monitoring and allow physicians to determine the critical level of patients and what actions should be taken to reduce the critical trauma condition of patients. The World Health Organization (WHO) estimates that 50 million people worldwide suffered from epilepsy in 2022, with approximately 80% of those individuals residing in low- and middle-income nations. Therefore, the rise in neurological disorders and diseases will drive the market for non-invasive brain trauma monitoring devices.
Get A Free Sample Of The Global Non-Invasive Brain Trauma Monitoring Devices Market ReportGlobal Non-Invasive Brain Trauma Monitoring Devices Market Segments
The global 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
By Geography: 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, and Africa.
North America was the largest region in the non-invasive brain trauma monitoring devices market share in 2023. 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.
Major Non-Invasive Brain Trauma Monitoring Devices Industry Players
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, RAUMEDIC AG, Sense Neuro Diagnostics, GE Healthcare, BrainScope Company Inc., Cerebrotech Medical Systems Inc., Neural Analytics Inc., Oculogica Inc., Ornim Medical Ltd., Oxitone Medical Ltd., Resonance Health Ltd., Zynex Medical Inc.
Get The Full Global Non-Invasive Brain Trauma Monitoring Devices Market Report
Non-Invasive Brain Trauma Monitoring Devices Market Overview
The term non-invasive brain trauma monitoring devices refers to devices that aid in monitoring neural and electrical activity and the pressure surrounding the brain. These devices help analyze the blood flow rate in the brain's arteries and veins in cases of brain death, trauma-related brain injury, epilepsy, and other conditions of this nature.
Non-Invasive Brain Trauma Monitoring Devices Global Market Report 2023 provides data on the global non-invasive brain trauma monitoring devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The non-invasive brain trauma monitoring devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.