Concussion Market: Major Trends Reshaping the Future of the Industry

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Concussion Industry Market Size Be by 2025?
Over the past years, the concussion market has experienced consistent expansion. The market is projected to escalate from a value of $7.97 billion in 2024 to $8.22 billion in 2025, boasting an impressive compound annual growth rate (CAGR) of 3.3%. Factors such as heightened consciousness and enlightenment, involvement in sports and related injuries, strict sports laws, progress in diagnostic instruments, and legal and moral considerations significantly contributed to the growth during the historical period.

What's the Long-Term Growth Forecast for the Concussion Market Size Through 2029?
In the upcoming years, the concussion market size is anticipated to experience a constant expansion. The market is projected to reach a value of $9.94 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.9%. This growth during the projected period can be credited to several factors such as a sustained emphasis on sports safety, advancements in treatment research, increased adherence to concussion protocols, emerging public health issues, and a partnership between the sports and medical sectors. Key trends during this forecasted period include services for teleconcussion and remote monitoring, initiatives aiming at concussion prevention through education, studies into long-term impacts and chronic traumatic encephalopathy (CTE), the application of concussion protocols within sports bodies, developing neuroprotective treatments, as well as new legislation and regulations for managing concussion.

View the full report here:
https://www.thebusinessresearchcompany.com/report/concussion-global-market-report

What Are the Key Growth Drivers Fueling the Concussion Market Expansion?
The surge in brain injuries is projected to boost the concussion market's expansion. Brain injuries encompass any damage or harm that impacts the brain, leading to a variety of physical, cognitive, and emotional deficiencies. Early and appropriate concussion treatment can mitigate the effects of brain-associated injuries on overall brain health via physical and cognitive rest, symptom control, and a gradual resumption of activities. Furthermore, the incidence of brain injuries has been amplified by a rise in traffic accidents. For example, the NCBI (National Center for Biotechnology Information), a biomedical and genomic information agency based in the US, published an article in January 2023 stating that every year in America, an estimated 1.7 million individuals suffer from traumatic brain injuries. The highest risk groups are 15 to 19-year-olds and seniors aged 65 and above. In March 2023, the American Society of Clinical Oncology reported that primary malignant tumors of the brain and spinal cord will impact 24,810 individuals (14,280 men and 10,530 women) in the US in 2020. Brain tumors represent 85% to 90% of all cases. Hence, the rising prevalence of brain injuries is fueling the concussion market's growth.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11888&type=smp

What Are the Key Trends Driving Concussion Market Growth?
Product innovation is emerging as a critical trend in the concussion market. Major businesses operating in this market are now focusing on inventing new products to enhance their market visibility and maintain their market standing. For instance, TecTraum Inc., a company specialized in designing and developing medical devices in the US, and Nottingham-Spirk Design Associates Inc., a US-based firm known for its product designs, unveiled their revolutionary product pro2cool in May 2022. This product marks the first globally launched point-of-care treatment for concussions, standing as the inaugural medical device treatment for concussions. The pro2cool system operates as an innovative noninvasive hypothermic treatment device that aims to minimize concussion symptoms' severity, enabling patients to return to their pre-injury status swiftly. The device cools the head and neck area, thereby reducing the blood temperature before reaching the brain. Earlier clinical trials have proven that cooling the brain within days of a concussion can lead to substantial improvements in the patients' medical outcomes.

How Is the Concussion Market Segmented?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=11888&type=smp

Which Companies Are Leading the Charge in Concussion Market Innovation?
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

Which Regions Are Leading the Global Concussion Market in Revenue?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11888

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with 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.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.