Traumatic Brain Injury Market Outlook Report 2024-2033 | Trends, Analysis, Insights, Overview

"The Business Research Company recently released a comprehensive report on the Global Traumatic Brain Injury Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The traumatic brain injury market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.72 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to improved trauma care, rehabilitation therapies, concussion awareness, military and sports research.

The traumatic brain injury market size is expected to see strong growth in the next few years. It will grow to $3.8 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to neuroprotective agents, telemedicine and remote monitoring, individualized treatment plans, neuroinflammation research. Major trends in the forecast period include neurorehabilitation advances, mild tbi and concussion management, biomarker and imaging research, cognitive and emotional support.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/traumatic-brain-injury-global-market-report

Market Drivers and Trends:

The rising road injuries are expected to propel the growth of the traumatic brain injury market going forward. Road injuries refer to any physical harm or damage due to incidents on roads, streets, highways, or other transportation routes. Traumatic brain injuries are often caused by road accidents, resulting in a wide range of physical and cognitive challenges for individuals affected by these incidents. Traumatic brain injury (TBI) treatment helps patients suffering from brain injuries caused by sudden road accidents with improved physical recovery, reduced complications and enhanced cognitive function. For instance, in September 2022, according to a report shared by Government Digital Service, a UK-based government body, approximately 1,558 people were killed in documented road traffic crashes in 2021, up 7% from 2020. Therefore, the rising road injuries are driving the growth of the traumatic brain injury market.

Major companies operating in the traumatic brain injury market are developing innovative treatments and tests, such as the I-STAT TBI plasma test, to meet the changing needs of consumers. Innovative therapies and tests for traumatic brain injury (TBI) are continuously being developed and researched to improve outcomes and the quality of life for individuals affected by TBI. For instance, in January 2021, Abbott Laboratories, a US-based medical devices company, launched the I-STAT TBI plasma test, a blood test for traumatic brain injury. It measures the level of biomarkers associated with brain injury in the bloodstream to determine the need for a computerized tomography (CT) scan of the head. Additionally, the test is used to help evaluate mild TBI and is only available for use on the I-STAT Alinity instrument. The future of the I-STAT TBI Plasma test looks promising, as it has the potential to revolutionize the diagnosis and treatment of TBI and concussion.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13049&type=smp

Major Key Players of the Market:

Pfizer Inc., Medtronic PLC, Eli Lilly and Company, Stryker Corporation, Elekta AB, Integra LifeSciences Holdings Corp., Natus Medical Inc., Nihon Kohden Corporation, Raumedic AG, Qure.ai, Compumedics Ltd., Synaptive Medical Inc., BrainScope Company Inc., Neuren Pharmaceuticals Limited, SanBio Co. Ltd., Soterix Medical Inc., Inteprod LLC, BioDirection Inc., InfraScan Inc., NanoDx Inc., NeuroTrauma Sciences, Oculogica Inc., PathMaker Neurosystems Inc., Pinteon Therapeutics Inc., Vivonics Inc., Neural Analytics Inc., ReNetX Bio Inc., Sana Health Inc., Abliva AB, QuesGen Systems Inc.

Traumatic Brain Injury Market 2024 Key Insights:

• The traumatic brain injury market is expected to grow to$3.8 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
• Escalating Road Injuries Fuel Expansion Of The Traumatic Brain Injury (TBI) Treatment Market
• Innovative Therapies And Tests Transform Traumatic Brain Injury (TBI) Market Landscape
• North America was the largest region in the traumatic brain injury market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in traumatic brain injury market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=13049&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

"Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."

This release was published on openPR.