Press release
Non-Invasive Brain Trauma Monitoring Devices Global Market Report 2024 - By Growth, Demand, Trends, Size, Outlook By 2033
The Business Research Company presents an extensive market research report on the Non-Invasive Brain Trauma Monitoring Devices Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The non-invasive brain trauma monitoring devices market size has grown rapidly in recent years. It will grow from $7.96 billion in 2023 to $8.91 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to personalized medicine approach, focus on long-term monitoring, widespread adoption of wearables, signal sensitivity improvement, multimodal monitoring integration..
The non-invasive brain trauma monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $13.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to rise in awareness and diagnosis, collaborative research efforts, demand for long-term monitoring solutions , signal processing innovations, remote connectivity advancements.. Major trends in the forecast period include miniaturization and wearable devices, advancements in sensor technology, focus on real-time monitoring, remote patient monitoring, non-invasive imaging techniques..
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Key Market Players:
Major companies operating in the non-invasive brain trauma monitoring devices market report are Sophysa Ltd., Spiegelberg GmbH & Co. KG, Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, Advanced Brain Monitoring, CAS Medical Systems Inc., Siemens AG, Compumedics Ltd., Medtronic Plc., Integra LifeSciences, Cadwell Industries Inc., Codman & Shurtleff Inc., Covidien PLC., Hitachi Medical Corporation, Koninklijke Philips N.V., NeuroLogica Corp., NeuroWave Systems Inc., Noraxon U.S.A, RAUMEDIC AG, Sense Neuro Diagnostics, GE Healthcare, BrainScope Company Inc., Cerebrotech Medical Systems Inc., Neural Analytics Inc., Oculogica Inc., Ornim Medical Ltd., Oxitone Medical Ltd., Resonance Health Ltd., Zynex Medical Inc.
Market Drivers:
The increased prevalence of neurological disorders and diseases is expected to propel the demand for non-invasive brain trauma monitoring devices. Neurological disorders are one of the major non-communicable diseases (NCDs) that impact people's thoughts, emotions, behavior, and injuries like brain injury, spinal cord injury, or nerve injury. Non-invasive brain trauma monitoring devices help in continuous monitoring and allow physicians to determine the critical level of patients and what actions should be taken to reduce the critical trauma condition of patients. For instance, the World Health Organization (WHO), a Swiss-based health body of the United Nations, estimates that 50 million people worldwide suffered from epilepsy in 2022, with approximately 80% of those individuals residing in low- and middle-income nations. Therefore, the rise in neurological disorders and diseases will drive the market for non-invasive brain trauma monitoring devices.
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https://www.thebusinessresearchcompany.com/report/non-invasive-brain-trauma-monitoring-devices-global-market-report
The non-invasive brain trauma monitoring devices market covered in this report is segmented -
1) By Type: Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor, Other Types
2) By Application: Cardiology, Urology and Nephrology, Oncology, Gastroenterology, Other Applications
3) By End-User: Hospitals, Neurological Centers, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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