Overview

Intracranial Pressure Monitoring Market Introduction:

Intracranial pressure monitoring market is predicted to value over US$ 2 billion by the end of 2027 and recording a CAGR of over 6% during the forecast period 2020 to 2027.

Intracranial pressure (ICP) being a function of the volume and compliance of each component of the intracranial compartment, to keep it in simple terms, the skull is a semi rigid box, consisting of the brain, blood and cerebrospinal fluid (CSF), lightly stuffed inside to create a mildly positive pressure, known as the Intracranial pressure(ICP). There are types of monitoring techniques includes invasive and non-invasive. Invasive techniques consist of Lumbar Puncture and non-invasive contains imaging modalities like MRI, Transcranial Doppler ultrasonography, tympanic membrane displacement and optic nerve sheath diameter.

Increasing importance of intracranial pressure monitoring devices in prevention of permanent neurological damage led to robust growth of the market. Elevated intracranial pressure is mostly observed in intracranial tumours, hydrocephalus, head trauma, encephalopathies and others. Increasing prevalence of elevated intracranial pressure associated brain disorders fuelled the growth of the market. Further, the rapid advancement of technologies led to the evolution of multiple modality devices and increased the scope of monitoring devices. Monitoring of intracranial pressure is paramount importance in the prevention of neurological damage and death. Because of this, healthcare systems made it mandatory for continuous monitoring of intracranial pressure in the patient population. All these factors led to the potential growth of the market during the forecast period.

Global market is dominated by developed economies like North America and Europe regions. North America accounts major share in global market due to well established health care systems and reimbursement policies. Europe is the second dominant region in global market due to high adoption of monitoring devices among the end user segment. The Asia Pacific is a fast growing region due to increasing penetration. Further, changing economic conditions and increasing healthcare budgets led to robust growth of the market. Latin America and rest of world represents a small fraction of market share in the global market due to weak healthcare policies.

Intracranial Pressure Monitoring market players include:

Covidien Ltd., Vittamed, Spiegelberg, Depuy Synthes, Sophysa, Natus Medical, Inc., Medtronic plc, RAUMEDIC AG, Codman & Shurtleff Inc., Orsan Medical Technologies and others.

Intracranial Pressure Monitoring Market Segmentation

By Indications

Traumatic Brain Injury
Brain Aneurysm
Intracranial Tumors

By End User

Hospitals
Diagnostic Laboratories
Medical Research Institutes

By Region

North America
Latin America
Europe
Asia Pacific
Rest of the World

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global Intracranial Pressure Monitoring Market by Indications, by End-User, and by Region

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Flexible Delivery Model:

•   We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
•   The customization Mobility Care offered are free of charge with purchase of any license of the report
•   You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com