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Intracranial Pressure Monitors Market by Product Type (Invasive, Non-Invasive), by Application (Traumatic brain injury, Intracerebral haemorrhage, Meningitis), by End-user (Hospitals, Clinics, Private medical offices, Trauma centres, Government and research organizations), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Intracranial Pressure Monitors Market size was valued at USD 2.1 USD million in 2023 and is projected to reach USD 3.55 USD million by 2032, exhibiting a CAGR of 7.8 % during the forecast period. Subarachnoid suits are medical devices utilised in the diagnosis and management of ailments within the CNS since ICP is critical in determining functioning of the brain. These monitors are helpful in Intensive care units, for patients with head injury, increased intracranial pressure, or brain tumors. There are several varieties of ICP monitors; they come as ventriculostomy, which involves introduction of a catheter that removes extra cerebrospinal fluid; subdural screws which are screws placed within the brain’s outermost membrane; and epidural sensors which are fitted between the skull and the brain’s outer layer. Some of the characteristics of monitoring ICP include - accurate direct measurements of pressure, immediate pressure read out, and notification to clinicians in the event of pressure changes. They are employed to develop the prognosis and therapy like changing the dosage of drug or surgeries, to avoid the injury of the brain as well as enhancing the statuses of the patients.
The rising incidence of neurological disorders, such as traumatic brain injury (TBI), stroke, and hydrocephalus, is a primary driving force behind the growth of the intracranial pressure monitors market. As the population ages, the risk of developing neurological disorders increases. According to the World Health Organization (WHO), TBI is a major contributor to death and disability worldwide, particularly among young adults.
The high cost of intracranial pressure monitors and reimbursement challenges are the major restraints hindering the growth of the market. The cost of intracranial pressure monitoring systems can vary depending on the type of device and its features. Some advanced devices can cost over USD 10,000, which may pose a financial burden on patients and healthcare systems.
Product Type:
Application:
End-user:
The North American region dominated the global intracranial pressure monitors market in 2021, with a share of over 40%. This dominance is attributed to the high prevalence of neurological disorders, advanced healthcare infrastructure, and strong research and development activities in the region.s
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.8% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.8% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
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Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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