The non-invasive brain trauma monitoring devices global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Non-Invasive Brain Trauma Monitoring Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The non-invasive brain trauma monitoring devices market size has grown rapidly in recent years. It will grow from $7.96 billion in 2023 to $8.91 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to personalized medicine approach, focus on long-term monitoring, widespread adoption of wearables, signal sensitivity improvement, multimodal monitoring integration.
The non-invasive brain trauma monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $13.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to rise in awareness and diagnosis, collaborative research efforts, demand for long-term monitoring solutions , signal processing innovations, remote connectivity advancements. Major trends in the forecast period include miniaturization and wearable devices, advancements in sensor technology, focus on real-time monitoring, remote patient monitoring, non-invasive imaging techniques.
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Scope Of Non-Invasive Brain Trauma Monitoring Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Non-Invasive Brain Trauma Monitoring Devices Market Overview
Market Drivers –
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. For instance, the World Health Organization (WHO), a Swiss-based health body of the United Nations, 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.
Market Trends –
Technological advancement is a key trend gaining popularity in the non-invasive brain trauma monitoring devices market. Major companies operating in non-invasive brain trauma monitoring devices are developing advanced technologies to strengthen their market position. For instance, in June 2021, FieldLine Inc., a US-based brain imaging manufacturer of quantum sensors, launched the HEDscan system, a wearable, non-invasive magnetoencephalography (MEG) device based on optically pumped magnetometer (OPM) sensor technology. This device generates 3D videos of brain activity by using 128 synchronized quantum magnetic sensors built with FieldLine’s microfabrication techniques.
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
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Regional Insights –
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.
Key Companies –
Major companies operating in the non-invasive brain trauma monitoring devices market report are 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.
Table of Contents
1. Executive Summary
2. Non-Invasive Brain Trauma Monitoring Devices Market Report Structure
3. Non-Invasive Brain Trauma Monitoring Devices Market Trends And Strategies
4. Non-Invasive Brain Trauma Monitoring Devices Market – Macro Economic Scenario
5. Non-Invasive Brain Trauma Monitoring Devices Market Size And Growth
…..
27. Non-Invasive Brain Trauma Monitoring Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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