Rising Brain Injuries Drives Growth In The Concussion Market Driver: Leading Transformation in the Concussion Market in 2025

What industry-specific factors are fueling the growth of the concussion market?
The upsurge in the frequency of brain injuries is projected to fuel the expansion of the concussion market in the future. The term "brain injuries" encapsulates any forms of harm or damage impacting the brain, leading to a comprehensive array of physical, cognitive, and emotional deficits. Early and accurate treatment of concussions can aid in diminishing the impact of injuries related to the brain on a person's overall brain health via physical and cognitive rest, managing symptoms, and a steady resumption of activities. Furthermore, the growing number of traffic accidents has also amplified the incidences of brain injuries. For example, an article released by the NCBI (National Center for Biotechnology Information), a US-based establishment for biomedical and genomic data, mentioned in January 2023, that each year in the United States, around 1.7 million individuals endure traumatic brain injuries. Teenagers between the ages of 15 to 19 and seniors aged 65 and above face the highest risk. Moreover, as per the American Society of Clinical Oncology in March 2023, malignant primary tumors of the brain and spinal cord are anticipated to impact 24,810 individuals (14,280 men and 10,530 women) in the U.S in 2020. Furthermore, brain tumors constitute 85% to 90% of all instances. Consequently, the surge in the frequency of brain injuries is prompting the growth of the concussion market.

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What Is the projected market size and growth rate for the concussion market?
The market for concussion has seen constant growth in the past few years. The market is projected to increase from $7.97 billion in 2024 to $8.22 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.3%. The surge during the historic period can be credited to factors such as heightened awareness and education, increased participation in sports and consequent injuries, strict sports laws, advancements in technology for diagnostic tools, and legal as well as ethical consequences.

Predictions indicate that the concussion market will experience consistent growth over the upcoming years. By 2029, it is projected to increase to a worth of $9.94 billion, with a compound annual growth rate (CAGR) of 4.9%. The projected growth can be tied to the ongoing emphasis on sports safety, R&D in treatment methods, higher implementation of concussion protocols, escalating public health issues, and partnerships between the medical field and sports sector. Key trends for the forecast period incorporate services for teleconcussion and remote observation, educational strategies for avoiding concussions, investigations into long-term impacts and chronic traumatic encephalopathy (CTE), application of concussion protocols in sport bodies, the creation of neuroprotective treatments, and the establishment of legislation and guidelines for managing concussions.

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What are the most significant trends transforming the concussion market today?
The main trend emerging in the concussion market is product innovation. Companies in this market are concentrating on creating innovative products to enhance their market presence and observation capability. For example, in May 2022, TecTraum Inc., a developer and manufacturer of medical devices, and Nottingham-Spirk Design Associates Inc., a product design company, both based in the US, launched pro2cool. This is the first-ever point-of-care treatment for concussions in the world, also distinguishing itself as the first medical device for treating concussions. The pro2cool system, an innovative noninvasive hypothermic treatment device, aims to mitigate the intensity of concussion symptoms, enabling patients to regain their pre-injury condition as rapidly as possible. This particular device cools the head and neck area, decreasing the temperature of blood before it reaches the brain. Past clinical studies have revealed that cooling the brain within days of a concussion led to considerable enhancements in clinical outcomes.

What major market segments define the scope and growth of the concussion market?
The concussion market covered in this report is segmented -

1) By Assessment: Diagnosis, Treatment
2) By Device: Imaging Devices, Magnetic Resonance Imaging (MRI) Devices, X-Ray, Computed Tomography, Monitoring Devices, Other Devices
3) By End User: Hospitals And Clinics, Diagnostic Centers, Medical Camps, Other End-Users

Subsegments:
1) By Diagnosis: Clinical Assessments, Imaging Techniques
2) By Treatment: Pharmacological Treatments, Cognitive Rehabilitation, Physical Therapy

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

Which key market leaders are driving the concussion industry growth?
Major companies operating in the concussion market include Pfizer Inc., Novartis AG, Sanofi SA, Abbott Laboratories, Medtronic plc, Viatris Inc., Zydus Lifesciences Ltd., Integra LifeSciences Corporation, Nihon Kohden Corporation, Raumedic AG, Lupin Limited, NeuroPace Inc., Compumedics Limited, NeuroLogica Corporation, Neural Analytics Inc., NovaSignal Corp., Back Bay Life Science Advisors, BrainScope Company Inc., Neuro Kinetics Inc., ImPACT Applications Inc., NanoDx Inc., Neuren Pharmaceuticals Limited, Advanced Brain Monitoring Inc., ElMindA Ltd., NeurOptics Inc., InfraScan Inc., Neuro Assessment Systems Inc., NeuroTrauma Sciences LLC, SyncThink Inc., Oxeia Biopharmaceuticals Inc., Oculogica Inc., Banyan Biomarkers Inc., Emotiv Inc., BioDirection Inc., Neurologic Wellness Institute

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What Is Covered In The Concussion Global Market Report?

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

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