According to the current analysis of Reports and Data, the global Non-Invasive Brain Trauma Monitoring Devices market was valued at USD 9.40 Billion in 2018 and is expected to reach USD 16.99 Billion by the year 2026, at a CAGR of 7.7%. The projected growth is mainly due to applications of non-invasive brain trauma monitoring devices in neurotrauma and other brain disorders. Neurotrauma is a hazardous public health problem that deserves the attention of the world's health community.
The increasing load of Brain Trauma Injuries may be a leading explanation for neurodegenerative disorders like Alzheimer’s and Parkinson’s diseases. As a result, there are varied initiatives taken at the regional and world levels to form awareness that expedited a significant designation rate, therefore governing the expansion of non-invasive brain trauma monitoring devices. WHO has conducted research which showed that traumatic brain injury (TBI) usually requires long-term care and therefore incurs an economic cost to health systems. For this reason, various countries need to develop surveillance systems and conduct epidemiologic studies to estimate the impact of neurotrauma among their people to guide the development of more effective preventive methods. Several methods have already proven effective, such as the use of motorcycle helmets, head supports in vehicles or sports equipment. The Technological progress in the area is concerned with precision, and affordability that are supporting the trade growth. For example, recently obtainable non-invasive intracranial pressure monitors, like Transcranial physicist (TCD), are correct in positioning and making a far better pressure gradient and additionally transportation with additional accuracy within the treatment. The Minimally Invasive Surgeries are less traumatic to patients and facilitate quicker recovery with fewer hurdles. In minimally invasive medicine surgeries, non-invasive brain trauma observance devices play an important role. Thus, the rising volume of MIS is propelling the Non-Invasive Brain Trauma Monitoring Devices industry’s growth.
The critical target population during this market includes individuals who are senior citizens or above the age of 60 years. This section of the community is at a more significant risk for brain trauma and their co-morbidities. The world geriatric population is on arise, thus acting as an essential driver for the Non-Invasive Brain Trauma Monitoring Devices market.
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The report provides an in-depth analysis of the key developments and innovations of the market such as research and development advancements, product launches, mergers & acquisitions, joint ventures, partnerships, government deals, and collaborations. The report offers a comprehensive assessment of key players in the market along with their global position, financial standing, business expansion plans, production and manufacturing capacity, and strategic alliances.
Key players in the market include
Natus Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Advanced Brain Monitoring, CAS Medical Systems, Inc., Siemens, Inc., Compumedics Ltd., Medtronic PLC., Integra Lifesciences
Furthermore, the report segments Non-Invasive Brain Trauma Monitoring Devices market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.
Type (Revenue, USD Million; 2017–2027)
• Monitoring Devices
o CT scanner
o PET scanner
Application (Revenue, USD Million; 2017–2027)
• Traumatic Brain Injuries
• Headache disorders
• Other Applications
End Use (Revenue, USD Million; 2017–2027)
• Neurological Centers
• Diagnostics Labs
• Emergency Care Units
For a better understanding of the global Non-Invasive Brain Trauma Monitoring Devices market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.
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In-depth regional analysis includes:
• North America (U.S., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of EU)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of the Global Non-Invasive Brain Trauma Monitoring Devices Report:
• Comprehensive analysis of the opportunities and risks of the Non-Invasive Brain Trauma Monitoring Devices market
• Detailed study of the latest product and technological developments and innovations of the Non-Invasive Brain Trauma Monitoring Devices market
• Business strategies and plans are analysed for understanding the Non-Invasive Brain Trauma Monitoring Devices market scenario
• Revenue forecast of Non-Invasive Brain Trauma Monitoring Devices market for the forecast period 2020-2027
• Comprehensive analysis of the drivers, constraints, limitations, challenges, and opportunities
• Latest and emerging market trends analysis and their impact on product and application demand
• Study of recent M&A, joint ventures, collaborations, partnerships, product launches and brand promotions among others
• Extensive SWOT analysis and Porter’s Five Forces analysis along with investment return analysis and feasibility
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