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How big is the traumatic brain injuries assessment market today, and what are its future growth expectations?
The traumatic brain injuries assessment market size has grown strongly in recent years. It will grow from $10.8 billion in 2024 to $11.67 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to neuroscience advancements, increased awareness, military conflicts, sports-related injuries, and technological innovations.
The traumatic brain injuries assessment market size is expected to see strong growth in the next few years. It will grow to $15.71 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to aging population, rising incidence of accidents, improved diagnostics, expanding healthcare infrastructure, and growing demand for personalized rehabilitation. Major trends in the forecast period include telemedicine adoption, wearable technology integration, virtual reality therapy, personalized treatment approaches, and AI-driven diagnostics.
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What have been the primary factors driving the traumatic brain injuries assessment market’s growth?
The increasing number of sports injuries and road accidents is expected to propel the traumatic brain injuries assessment market going forward. Sports injuries are physical injuries sustained during sports or athletic activities, and road accidents refer to incidents involving vehicles on roads resulting in injuries or damage. The increased sports injuries and road accidents are attributed to higher participation in sports activities, increased traffic congestion, distracted driving behaviors, and inadequate safety measures. Traumatic brain injuries assessment is utilized in sports injuries and road accidents to evaluate the severity of head trauma, guide treatment decisions, and monitor recovery progress to ensure optimal outcomes for affected individuals. For instance, in 2023, according to the National Safety Council (NSC), a US-based nonprofit organization, the number of sports and recreational injuries increased by 20% in 2021, 12% in 2022, and 2% in 2023. Furthermore, in January 2024, according to the Roads Australia, an Australia-based advocacy organization, in 2023, 1,266 people sadly lost their lives on Australian roads, representing a 7.3% increase compared to the 12-month period ending in December 2022. Therefore, the increasing number of sports injuries and road accidents is driving the growth of the traumatic brain injury assessment market.
What are the key segments within the traumatic brain injuries assessment market?
The traumatic brain injuries assessment market covered in this report is segmented –
1) By Product: Screening Devices, Monitoring Devices
2) By Technique: Intracranial Pressure (ICP) Monitoring, Partial Pressure Of Oxygen In Brain Tissue (pBrO2)
3) By End-User: Hospital, Diagnostics Center, Other End Users
Subsegments:
1) By Screening Devices: CT Scanners, MRI Scanners, Portable Screening Devices
2) By Monitoring Devices: Intracranial Pressure (ICP) Monitors, Electroencephalogram (EEG) Monitors, Neuromonitoring Systems
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Traumatic Brain Injuries Assessment Market Report 2025, Trends And Forecast
Which key players are shaping the traumatic brain injuries assessment market?
Major companies operating in the traumatic brain injuries assessment market are Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Inc., Koninklijke Philips NV, Stryker Corporation, GE Healthcare Inc., Baxter International Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Canon Medical Systems Corporation, Bruker Corporation, Carestream Health Inc., Nihon Kohden Corp, Integra Lifesciences Corporation, Natus Medical Inc., Raumedic AG, Compumedics Limited, HALO Precision Diagnostics, NanoDx Inc., BrainScope Company Inc., Advanced Brain Monitoring Inc., Neuexcell Therapeutics, InfraScan Inc
How will emerging trends drive the traumatic brain injuries assessment market throughout the forecast period?
Major companies operating in the traumatic brain injury assessment market focus on integration of advanced non-invasive brain stimulation (NIBS) technologies with mobile devices, such as wire-free systems, to gain a competitive advantage. Wire-free systems enable greater mobility and ease of use by eliminating the need for physical connections, making devices more versatile and suitable for use in dynamic, real-world environments. For instance, in April 2024, Soterix Medical Inc., a US-based medical technology company, launched the MxN-GO EEG system. This innovative solution combines High Definition Transcranial Electrical Stimulation (HD-tES) with EEG, featuring a unique wire-free design. Designed for research in mobile and natural settings, the MxN-GO EEG system offers a lightweight, easy-to-use design for quick setup. It boasts 33 stimulation channels and 32 recording channels, ensuring precise and application-specific targeting. HD-tES, a proprietary neuromodulation technology developed by Soterix Medical, utilizes advanced electrode design, individualized brain current-flow modeling, and patented algorithms to safely guide current through high-definition electrodes.
How do regional factors impact the traumatic brain injuries assessment market, and which region is the largest contributor?
North America was the largest region in the traumatic brain injuries assessment market in 2023. The regions covered in the traumatic brain injuries assessment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Traumatic Brain Injuries Assessment Market Report 2025 Offer?
The traumatic brain injuries assessment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Traumatic brain injury (TBI) assessment is a process that involves evaluating a person’s cognitive, physical, and emotional functioning following an injury to the brain caused by an external force. It typically involves a comprehensive examination conducted by medical professionals, such as neurologists, neurosurgeons, or emergency room physicians, aiming to determine the severity of the injury, identify areas of impairment, and guide treatment and rehabilitation efforts. The traumatic brain injury (TBI) assessment aims to understand the extent of the injury’s impact on the individual’s cognitive abilities, physical functioning, and emotional well-being to develop an appropriate management plan.
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Traumatic Brain Injuries Assessment Market Report 2025, Trends And Forecast
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