The increase in the prevalence of brain traumatic injuries is projected to boost the Traumatic Brain Injury Treatment Market

The research report "Traumatic Brain Injury Treatment Market: By Treatment Type (Drugs, Surgery), By Route of Administration (Oral, Parenteral), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2028. The traumatic brain injury treatment market size was valued at USD 3.03 billion in 2021 is and anticipated to grow at 8.2% CAGR rate over the forecast period 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Traumatic Brain Injury Treatment Market: By Treatment Type (Drugs, Surgery), By Route of Administration (Oral, Parenteral), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography - Global/Region/Country Forecast to 2028.

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Growing R&D for innovation of new products is anticipated to drive the Traumatic Brain Injury Treatment Market:
Injury caused to brain because of an external force to brain is called as traumatic brain injury. It can be categorized as severe, moderate and mild brain injury. Behavioral, cognitive, physical and social symptoms are symptoms of traumatic brain injury. Violence, vehicle collision and falls can cause TBI. Outcome may range from complete recovery to permanent disability and can cause death. Magnetic resonance imaging (MRIs) and computed tomography (CT) are the diagnostic methods used to diagnose TBI.

There are a few factors which are anticipated to fuel the global traumatic brain injuries market over the evaluation time span such as falls and increasing prevalence of brain traumatic injuries because of the increasing cases of road accidents. Entries of targeted therapies into the market, growing R&D for innovation of novel products, growing ageing population and promising pipeline products for TBI are projected to bolster the growth of the global traumatic brain injuries market. On the other hand, lack of government support for R&D activities, delayed disease diagnosis and lack of social consciousness are expected to limit the traumatic brain injury market growth.

North America accounted for major share in Traumatic Brain Injury Treatment Market:
On the basis of regional analysis, global traumatic brain injuries treatment market is categorized into major regions such as Europe, North America, Latin America, Asia Pacific, Africa and Middle East. Among all the regions, North America market is led by U.S. because of the increase in the occurrence of TBIs. Presence of skilled professionals for TBI surgeries and growing R&D expenditure for developing novel drugs are anticipated to impel the market growth. Increase in the prevalence of TBIs, promising product pipeline and adoption of novel techniques for early stage disease diagnosis are the factors estimated to fuel the Europe traumatic brain injury treatment market growth. Asia Pacific traumatic brain injuries treatment market is experiencing considerable growth because of the increasing medical tourism in Asia Pacific region because of the larger patient pool, less cost of treatment and entry of key participants into Asia Pacific.

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Competitive Analysis - Traumatic Brain Injury Treatment Market:
There are a few leading key players working in the traumatic brain injury treatment market are TEVA Pharmaceutical Industries Ltd. (Israel), Tenax Therapeutics (U.S.), Amarantus BioScience Holdings (U.S.), Neuren Pharmaceuticals Ltd (Australia), Grace Laboratories LLC, (Georgia) and Banyan Biomarkers Inc. (U.S).

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