Non-Invasive Brain Trauma Monitoring Devices Market is expected to grow from USD 10.45 billion in 2021 to USD 18.55 billion by 2030, at a CAGR of 7.17% during the forecast period 2022-2030
A traumatic brain injury (TBI) is damage to the head which is resulting from the sudden accident or crash. The brain trauma injury ranges from mild to severe depending on the accident. During the accidents, the external objects damage the brain tissues and cause the brain injury. A traumatic brain injury (TBI) can affect the patient mentally as well as physically. This disease also causes long term effects on the body of the patient. Most people who experience a mild injury does not require admission to the hospital. People with severe head injury requires the treatment in the hospital or at neurological centers. Traumatic brain injury (TBI) is a severe condition that affects millions of individuals each year. For instance, according to the World Health Organization (WHO), brain injury is the leading cause of disability and death worldwide.
Non-invasive brain trauma monitoring devices are increasingly being used to monitor the course of primary brain injury and limit secondary brain damage of patients in the hospital or at neurological centers. In traumatic brain injury, the primary benefits of non-invasive brain trauma monitoring devices is an anti-inflammatory effect, as they suppress the release of inflammatory chemicals after a head injury. The non-invasive brain trauma monitoring helps to continuous monitoring of patients. This constant monitoring helps the physicians to know the critical level of patients and what action should be taken to reduce the brain trauma critical condition. Proposed advantages over invasive brain trauma monitoring devices include no need for surgical installation, lower risk of infection and bleeding, mobility and portability of devices, and safety.
- Rising incidences of traumatic brain injuries (TBIs) across the globe
The brain injury (TBI), often referred to as the silent epidemic and remained one of the growing public health concern, which represents the most significant contributor to death and disability globally, among all trauma-related injuries. For instance, as per the study by European Brain Injury Consortium, every year, 50 million people suffer from a TBI worldwide–80% in developing countries. Road traffic collision falls, and violence are some of the significant sources of traumatic brain injury (TBI). Thus, increasing incidences of traumatic brain injuries (TBIs) across the globe, boosting the growth of the market.
- Increasing demand for the minimally invasive procedure
The non-invasive or minimally invasive producers are on high demand as these are easy to carry out and help for the speedy recovery of patients. These devices play a vital role in preventing secondary cerebral injuries, neurological decline, and also prevent infection in the brain. The growing demand for quick reduction in pain reduced hospital stays, and better patient outcomes are pushing more patients to opt for these procedures, driving the growth of the market.
- Lack of skilled medical professionals
Lack of experienced surgeons for operating non-invasive brain trauma monitoring devices is likely to hamper the market growth. Nowadays, patients who prefer non-invasive procedure are increasing, while the number of professionals are falling short to meet the demand. Thus, the shortage of skilled professionals is becoming one of the major restraining factor for the growth of the market, over the forecast period.
- Opportunity to enter into the key emerging markets
Traumatic brain injury (TBI) accounts for the significant portion of the global burden–most of which occur in low- and middle-income countries. In these countries, many patients with injuries will not or cannot go to a hospital because of various factors such as availability, cost, transportation, and trained staff. Thus, there are potential growth opportunities for the key vendors, to enter into these emerging markets, with the attractive pricing strategies, so that these devices can afford by healthcare facilities and patients in these countries.
- High cost of sophisticated non-invasive brain trauma monitoring devices
The high cost of advanced non-invasive brain trauma monitoring devices is expected to hamper the growth of the market over the forecast period. Implementation of these devices in the hospitals and neurological centers requires high capital investments. Thus, due to the high cost, many diagnostics laboratories and hospitals avoid installing non-invasive brain trauma monitoring devices, which is hampering the market growth.
Non-Invasive Brain Trauma Monitoring Devices Market Report Scope and Segmentation
|UNIT||Value (USD Million/Billion)|
|BY REGION||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
The global non-invasive brain trauma monitoring devices market has been segmented based on techniques, type, end-user, and regions.
- The technique segment is divided into intracranial pressure monitoring and cerebral edema dynamic monitoring. The non-invasive intracranial pressure monitoring segment led the non-invasive brain trauma monitoring devices market with a market share of around 58.65% in 2020. The skull is close cavity, which contains water and other largely incompressible material. Thus, even minor swelling can result in a significant increase in intracranial pressure (ICP), results in further brain swelling and brain damage. Intracranial pressure (ICP) is an essential monitoring in the clinical management of brain trauma carrying the risk of fatal intracranial hypertension. In addition to this, various research and development projects are ongoing for the development of new non-invasive system for continuous monitoring of intracranial pressure (ICP) via a forehead-mounted probe. Intracranial pressure (ICP) monitoring has become one of the standard of care in the management of severe head trauma.
- The type segment includes monitoring devices and accessories. The monitoring devices segment accounted for the largest market share and valued at USD 6.20 billion in 2020. Monitoring devices further sub-segmented into MRI scanners, CT scanners, PET scanners, electroencephalography, magneto electroencephalography (MEG), and others. The extensive use of these monitoring devices, driving the growth of the market. In addition to this, these devices are quite expensive as compared to the accessories, boosting the revenue of this segment.
- The end-user segment is divided into hospital, neurological centres, and others. The hospital segment accounted for a major market share of 71.25% in 2020, due to the high number of brain-related surgeries performed in hospitals across the globe. In addition to this, due to highly advanced facilities in the hospitals, people mainly preferred hospitals as compared to other facilities. However, neurological centres is anticipated to grow at the highest CAGR of 8.6% over the forecast period, owing to the availability of specialized staff and advanced medical devices.
Non-Invasive Brain Trauma Monitoring Devices Market Segmentation:
• Monitoring Devices
o Magnetic resonance imaging (MRI) Scanners
o Computerized Tomography (CT) Scanners
o Positron Emission Tomography (PET) Scanners
o Electroencephalogram (EEG)
o Magnetoencephalogram (MEG)
o Intracranial Pressure Monitors
• Traumatic Brain Injuries
• Headache disorders
• Other Applications
• Neurological Centers
• Diagnostics Labs
• Emergency Care Units
List of Key Market Players:
- Natus Medical, Inc.
- Philips Healthcare
- Nihon Kohden Corporation
- GE Healthcare
- CAS Medical Systems, Inc.(Edwards Lifesciences Corporation)
- Advanced Brain Monitoring
- Medtronic Plc.
- Compumedics Ltd.
- Integra LifeSciences
- Covidien, PLC.
Key Target Audience
- Healthcare Institute
- Medical Device Manufacturers
- Government Authorities and R&D Institutions
- World Health Organization
- Food and Drug Administration
- Consulting And Research Firm
- North America
- The Netherlands
- Czech Republic
- Rest of Europe
- Asia Pacific
- South Korea
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Northern Africa
- Rest of MEA