Categories: Healthcare

Traumatic Brain Injuries Assessment Market Growth Outlook Through 2024-2033

Overview and Scope
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.

Sizing and Forecast
The traumatic brain injuries assessment market size has grown strongly in recent years. It will grow from $10.05 billion in 2023 to $10.80 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. 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 $14.60 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. 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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Segmentation & Regional Insights
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

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.

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Major Driver Impacting Market 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 June 2023, according to the National Highway Transportation Safety Administration (NHTSA), part of the US Department of Transportation, around 966 pedal cyclists were killed in 2021, which is a 1.9% increase from 2020. Furthermore, in September 2022, according to a report shared by the Government Digital Service, a UK-based government body, approximately 1,558 people were killed in documented road traffic crashes in 2021, an increase of 7% from 2020. Therefore, the increasing number of sports injuries and road accidents is driving the growth of the traumatic brain injury assessment market.

Key Industry Players
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

The traumatic brain injuries assessment market report table of contents includes:

1. Executive Summary
2. Traumatic Brain Injuries Assessment Market Characteristics
3. Traumatic Brain Injuries Assessment Market Trends And Strategies
4. Traumatic Brain Injuries Assessment Market – Macro Economic Scenario
5. Global Traumatic Brain Injuries Assessment Market Size and Growth
.
.
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32. Global Traumatic Brain Injuries Assessment Market Competitive Benchmarking
33. Global Traumatic Brain Injuries Assessment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Traumatic Brain Injuries Assessment Market
35. Traumatic Brain Injuries Assessment Market Future Outlook and Potential Analysis
36. Appendix

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