Traumatic Brain Injury Therapeutics Market Strategies to Boost Growth Development, Manufacturers, Industry Size And Trends

Precision Business Insights published a research report on "Traumatic Brain Injury Therapeutics Market By Product Type (Anti-convulsant Drugs, Anti-anxiety Drugs, Anti-coagulant Drugs, Analgesic Drugs, Anti-psychotic Drugs, Anti-depressant Drugs and Others), Route of Administration(Parenteral, Oral), Cause of Injury(Motor Vehicle Traffic, Sports, Falls, Others), By End User (Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2028"

As the brain tissue has one of the lowest capacities for self-repair, it is extremely vulnerable to injuries, often resulting in permanent loss or handicap of motor functions, which drastically lowers one's quality of life. The majority of neuronal damage occurs after the insult has occurred, allowing for therapeutic intervention. Due to their negative consequences, the earlier intervention with glucocorticoids is not considered. Clearing the blood-brain barrier while delivering medications is a critical difficulty in creating TBI treatments. DARPA granted a team from the University of California San Diego USD 5 million in May 2013 to develop nanotech therapy to combat TBI.

Nanotechnology has the potential to solve the physiological problem of delivering treatments across the blood-brain barrier. To treat TBI in patients, these porous silicon nanoparticles can deliver a high medication load over the blood brain barrier. Furthermore, the COVID-19 epidemic has boosted demand for TBI testing and management tools. Certain individuals hospitalized for coronavirus infection displayed clinical and neurochemical evidence of brain impairment, according to a study released in the NCBI report 2020. The market is likely to develop as a result of this.

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The need for extensive surgical treatments to treat and rectify these injuries is a major driver driving the traumatic brain injuries treatment market forward in the projected period of 2022-2029. In addition, various technological advancements, extensive research and development activities, and a large number of clinical trials being conducted for the development of traumatic brain injuries are expected to drive the growth of the traumatic brain injuries treatment market during the forecast period of 2022-2029. However, in the projected period of 2022-2029, lack of knowledge among various individuals and customers of this treatment in underdeveloped economies restrains the growth of the traumatic brain injuries treatment market. In addition, market expansion in the above will be hampered by expensive prices and delayed diagnostic results.

On the basis of Device, the market is fragmented into Imaging Devices and Monitoring Devices. The imaging devices are further divided into computed tomography (CT), magnetic resonance imaging (MRI) devices, X-ray, and others. The market is also segregated on the basis of Technique and By End-use.

In 2020, North America dominated the global with a 52 percent share. This is due to the presence of well-established healthcare facilities in the region, increased government activities, brain injury awareness campaigns, and a higher rate of traumatic brain injuries in the region. Owing to the increase in traffic accidents and fatalities injuries in Asia-Pacific, the region is expected to develop at the fastest rate during the forecast period.

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There are several industry players working in the Traumatic Brain Injury Therapeutics Market, which include SFC Fluidics LLC, Banayan Biomarkers Inc., BHR Pharma LLC, Cerora Inc., ElMindA Ltd., Grace Laboratories LLC, KeyNeurotek Pharmaceuticals AG

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