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Neuro Critical Care Market: Report Analysis Global Market Revenue and Share by Manufacturers Boosting the Healthcare Industry Worldwide | Global Market Insights 2018 to 2028

03-12-2021 05:08 PM CET | Health & Medicine

Press release from: Fact.MR

Neuro Critical Care Market: Report Analysis Global Market

Neuro critical care is an emerging field that combines the specialties that link neurology, neurosurgery, and critical care. Just as the field has evolved from primary focus on post-operative care to elective neurosurgical patients, the focus towards the resuscitation of neurological emergency cases such as traumatic brain injury or subarachnoid hemorrhage, which remain a clinical challenge. The neuro critical care market is strongly driven by the increasing focus, awareness, and prevalence of neurological impediments such as ischemic stroke, intracerebral hemorrhage, aneurysm, and other neurological disorders. According to the Center for Disease Control and Prevention (CDC), around 1.7 million persons sustain a traumatic brain injury every year, and around 120,000 have long-standing and substantial loss of function.

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Neuro Critical Care Market: Drivers and Restraints

The rising incidences of stroke and head trauma will boost the growth of the market. Increasing advances in neurosurgical techniques owing to the rising need for neuro critical care is expected to be a major factor driving the growth of the neuro critical care market over the forecast period. The rise in the incidences of brain tumors is another strong driving force in the industry, to provide more neuro critical care centers, thereby driving the growth of the neuro critical care market. Increasing advancements in technology on the neurosurgical front owing to the rising need of neuro critical care is expected to boost its market growth considerably during the forecast period. However, insufficient staff and need for specially trained professionals hinder the growth of the market substantially. The high cost involved in the establishment of a neuro critical care unit and the increased cost of in-patient in a neuro critical care center may hinder the growth of the neuro critical care market over the forecast period.

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Neuro Critical Care Market: Key Players

The global market for neuro critical care is highly fragmented. Examples of some of the key players operating in the global neuro critical care market are Abbott, Teleflex Incorporated, Aspect Medical Systems, Inc., CardioDynamics International Corporation, Medtronic, General Electric Company, Edwards Lifesciences Corporation, Integra LifeSciences Corporation., Philips N.V., Drägerwerk AG & Co. KGaA, and Terumo Medical Corporation, among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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