Intracranial Pressure (ICP) Monitoring Devices Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

What industry-specific factors are fueling the growth of the intracranial pressure (icp) monitoring devices market?
The intracranial pressure (ICP) monitoring devices market is anticipated to grow due to the rising cases of traumatic brain injury (TBI). TBI is an injury to the brain, caused by an external force or trauma. The majority of these injuries are caused by motor vehicle accidents, sports-related injuries, and physical assaults. In such situations, ICP monitoring devices are vitally important as they provide real-time data about pressure within the skull, crucial for managing TBI cases. As per the American Association of Neurological Surgeons, in April 2024, the CDC estimated that annually there are between 1.7 and 3.8 million TBIs in the United States, of which 10 percent result from sports and recreation. Thus, the intracranial pressure (ICP) monitoring devices market is driven by the expanding number of traumatic brain injury (TBI) cases.

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What Is the projected market size and growth rate for the intracranial pressure (icp) monitoring devices market?
There has been significant growth in the intracranial pressure (ICP) monitoring devices market in the past few years. The market, valued at $1.64 billion in 2024, is forecasted to increase to $1.73 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to the growth during the historical period include a rise in traumatic brain injuries, an aging populace, increased awareness and diagnoses, a boom in medical tourism, an expanding elderly population, and a broader understanding and accessibility of global healthcare.

In the coming years, robust growth is predicted for the intracranial pressure (ICP) monitoring devices market. It is projected to expand to a size of $2.31 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 7.5%. Numerous factors are contributing to this anticipated growth during the forecast period, such as the application of personalized medicine, advancements in telemedicine and remote monitoring, an increasing prevalence of chronic neurological conditions, integration with electronic health records (EHR), a worldwide rise in neurosurgical procedures, and an emphasis on outpatient monitoring. Future trends for this period are expected to incorporate artificial intelligence (AI), continuous monitoring solutions, collaborations and partnerships, an emphasis on non-invasive monitoring, and home-based ICP monitoring.

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What new trends are reshaping the intracranial pressure (icp) monitoring devices market and its opportunities?
One notable trend emerging in the intracranial pressure (ICP) monitoring devices market is forming strategic partnerships. Leading firms in the ICP monitoring devices industry are entering partnerships to strengthen their market position. For instance, IRRAS, a medical technology firm based in Sweden, forged a partnership with Medtronic, a US-based medical device company in the ICP monitoring sector, in November 2022. This partnership granted Medtronic exclusive rights to market the IRRAflow system in certain areas in the United States. Also, in November 2022, a collaboration was formed between EMOTIV, a US-based firm improving the use of electroencephalography (EEG), and X-trodes, an Israeli biotechnology company that offers wireless medical-grade monitoring solutions. The goal of this collaboration is to create a top-tier, home-based solution for brain monitoring research.

What major market segments define the scope and growth of the intracranial pressure (icp) monitoring devices market?
The intracranial pressure (ICP) monitoring devices market covered in this report is segmented -

1) By Technique: Invasive, Non-Invasive
2) By Application: Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, Cerebrospinal Fluid (CSF) Management, Migraine, Stroke, Hydrocephalus, Electroencephalogram (EEG), Other Applications
3) By End User: Hospitals, Ambulatory Care And Clinics, Other End-users

Subsegments:
1) By Invasive: External Ventricular Drains (EVD), Intracranial Pressure Monitors, Subdural And Epidural Sensors, Intraparenchymal Monitors
2) By Non-Invasive: Transcranial Doppler Ultrasonography, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Optical Coherence Tomography (OCT), Pneumatic Devices

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Which region dominates the intracranial pressure (icp) monitoring devices market?
North America was the largest region in the intracranial pressure (ICP) monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intracranial pressure (ICP) monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the intracranial pressure (icp) monitoring devices industry growth?
Major companies operating in the intracranial pressure (ICP) monitoring devices market include Medtronic plc, Integra LifeSciences Holding Corporation, Natus Medical Inc., Haiying Medical, Raumedic AG, Sophysa Ltd., Ad-Tech Medical Instrument Corp., Third Eye Diagnostics, Boston Neurosciences Inc., DePuy Synthes, Codman & Shurtleff Inc., NeuroWave Systems Inc., Branchpoint Technologies Inc., Cerebrotech Medical Systems Inc., Deltex Medical Group plc, Gaeltec Devices Ltd., Infrascan Inc., NeuroDx Development, NeuroVent Research Inc., Noninvasix, Vivonics Inc., Neural Analytics, Spiegelberg GmbH and Co. KG, HeadSense Medical Ltd., Moberg ICU Solutions, Nisonic AS, Vittamed Corporation, Cerebral Assessment Systems Inc., Orsan Medical Technologies Ltd.

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What Is Covered In The Intracranial Pressure (ICP) Monitoring Devices Global Market Report?

• Market Size Forecast: Examine the intracranial pressure (icp) monitoring devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the intracranial pressure (icp) monitoring devices market for a structured understanding.
• Key Players Overview: Analyze major players in the intracranial pressure (icp) monitoring devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the intracranial pressure (icp) monitoring devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the intracranial pressure (icp) monitoring devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the intracranial pressure (icp) monitoring devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the intracranial pressure (icp) monitoring devices market.
• Competitive Landscape: Review strategic developments in the intracranial pressure (icp) monitoring devices market, including expansions, agreements, and new product launches.

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