Intracranial Pressure (ICP) Monitoring Devices Market 2018 | Worth USD 1.62 billion with CAGR 6.48% by 2023| Top Most Players | Integra LifeSciences Holdings Corporation, Medtronic and Codman & Shurtleff, Inc

A research study titled, “Intracranial Pressure (ICP) Monitoring Devices Market by technique and application - global industry analysis and forecast to 2023” published by crystal market research.

Competitive Insights:
The leading players in the market are Integra LifeSciences Holdings Corporation, Medtronic and Codman & Shurtleff, Inc. These players are for the most part present in the worldwide space and because of convenient availability to the worldwide market, are presently endeavouring to contend keeping in mind the end goal to increase higher share of the market.

The global Intracranial Pressure (ICP) Monitors Market was worth USD 0.92 billion in 2014 and is expected to reach approximately USD 1.62 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.48% during the forecast period.

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Industry Outlook
The rising pervasiveness of traumatic accidents and neurological disorders is foreseen to boost the market development of ICP monitors. Additionally, raising instances of aneurysm, brain infection and meningitis among the worldwide populace would bring about expanded prerequisite for ICP monitoring, consequently influencing the development of the market positively. In emerging nations, governments are constantly contributing immense measure of assets to enhance persistent focused security, care and proficiency.

Market Segmentation
Technique Outlook and Trend Analysis
External Ventricular Drainage (EVD) ruled the invasive technique with biggest income share in 2015, in light of the fact that the technique is considered as a highest quality level for the estimation of exact ICP, which is boosting the entrance of these systems in emergency care centres and hospitals. Non-invasive techniques are additionally divided into transcranial Doppler ultrasonography, Optic Nerve Sheath Diameter (ONSD), tympanic layer dislodging, MRI/CT, and fundoscopy (papilledema).

Application Outlook and Trend Analysis
The traumatic brain injury application portion represented the biggest share of the market in 2015 attributable to its tremendous pervasiveness at a worldwide level throughout the years. As indicated by the Centres for Disease Control and Prevention, traumatic brain injury represented around 2.5 million emergency division visits, hospitalizations, and deaths in the United States. Nonetheless, the others section, which incorporates CNS infection and brain edema, is foreseen to predict the most elevated development rate over the conjecture time frame.

By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

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Regional Trend Analysis
North America overwhelmed the ICP monitors market with biggest income share in 2015. The strength of this area was fundamentally credited to the expanded social insurance foundation, high implementation of cutting edge ICP monitors, and the existence of huge patient pool. Asia Pacific is anticipated to witness the speediest development amid the estimate time frame. Because of accessibility of a vast populace experiencing brain disorders, more prominent than any time in recent memory activities are being attempted by the legislatures and existence of different settled hospitals and critical care centres would support the development of the market in Asia Pacific area.

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