Traumatic Brain Injury Market Growth Accelerates: Strategic Forecast Predicts $4.16 Billion by 2029

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What Will the Traumatic Brain Injury Industry Market Size Be by 2025?
The market for traumatic brain injury has seen robust growth in the past few years. Forecasts suggest an increase from $2.72 billion in 2024 to $2.98 billion in 2025, suggesting a compound annual growth rate (CAGR) of 9.6%. Factors behind this growth in historical periods include better trauma care, the rise in rehabilitation therapies, increased awareness about concussion, and research in military and sports fields.

What's the Long-Term Growth Forecast for the Traumatic Brain Injury Market Size Through 2029?
In the upcoming years, the market size for traumatic brain injury is predicted to see a significant surge in growth. It is set to hit a mark of $4.16 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.6%. Factors contributing to this anticipated rise during the forecast period include developments in neuroprotective agents, telemedicine and remote monitoring, individualized treatment strategies, and research into neuroinflammation. Key trends predicted during this forecast period encompass advancements in neurorehabilitation, management of mild traumatic brain injuries and concussions, research into biomarkers and imaging, alongside cognitive and emotional support.

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What Are the Key Growth Drivers Fueling the Traumatic Brain Injury Market Expansion?
The traumatic brain injury market's growth is set to be fuelled by an increase in road injuries. These injuries, which may occur due to events such as accidents on highways, streets or other routes of transportation, frequently trigger traumatic brain injuries. These injuries can inflict a spectrum of physical and cognitive challenges on the affected individuals. Traumatic brain injury (TBI) treatments work to better the physical recovery speed, decrease complications, and boost cognitive functioning in patients who have experienced brain injuries from unexpected road accidents. For instance, a report produced in November 2024 by the U.S. Department of Transportation revealed that in 2022 there were 42,514 people lost their lives on American roads. This represents a rise of over 10% compared to 2020. Hence, the increase in road injuries propels the growth of the traumatic brain injury market. A surge in sport-related injuries is a significant factor driving the growth of the traumatic brain injury market, as well. These injuries are harms or traumas that happen while participating in sports, exercise or athletic endeavors. A forceful impact or jolt on the head or body during sports activities may result in traumatic brain injury (TBI). Various causes can lead to these injuries, such as head blows, falls, collisions, and repetitive head impacts. As per the statistics published in 2022 by the National Safety Council, a US-based nonprofit advocating for safety, there was an increase in injuries caused by exercise and exercise equipment in 2022, rising to 3,631,970 from 3,231,885 incidents in 2021. Therefore, the escalating cases of sports injuries are fuelling the growth of the traumatic brain injury market.

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What Are the Key Trends Driving Traumatic Brain Injury Market Growth?
Leading companies in the traumatic brain injury market are pioneering treatments and tests like the VIDAS TBI (GFAP, UCH-L1) in response to evolving consumer demands. Constant research and development efforts are directed towards creating novel therapies and tests for traumatic brain injury (TBI) to enhance outcomes and improve life quality for those affected by TBI. Specifically, in October 2023, bioMérieux, a French firm specializing in in vitro diagnostics, unveiled its VIDAS TBI (GFAP, UCH-L1), a blood test designed to assist in evaluating patients with mild traumatic brain injury (mTBI). This test utilizes a unique blend of brain biomarkers: GFAP and UCH-L1. Its preciseness and objectivity can aid in minimizing unnecessary head Computed Tomography (CT) scans for mTBI patients and alleviate overcrowding in Emergency Departments (ED) by forecasting the non-existence of acute intracranial lesions (ICL) post head injury.

How Is the Traumatic Brain Injury Market Segmented?
The traumatic brain injury market covered in this report is segmented -

1) By Device: Computed Tomography, X-Ray, Imaging Devices, Magnetic Resonance Imaging Devices, Monitoring Devices, Other Devices
2) By Technique: Intracranial Pressure (ICP) Monitoring, Partial Pressure Of Oxygen In Brain Tissue (PbrO2)
3) By End-Use: Diagnostic Centers, Hospitals, Other End-Uses

Subsegments:
1) By Computed Tomography: Standard CT Scans, CT Angiography
2) By X-Ray: Skull X-Ray, Cervical X-Ray
3) By Imaging Devices: Ultrasound Imaging, PET Scans
4) By Magnetic Resonance Imaging Devices: Closed MRI, Open MRI
5) By Monitoring Devices: Intracranial Pressure Monitors, EEG Monitors
6) By Other Devices: Neuropsychological Testing Devices, Portable Brain Injury Assessment Devices

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Which Companies Are Leading the Charge in Traumatic Brain Injury Market Innovation?
Major companies operating in the traumatic brain injury market are 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.

Which Regions Are Leading the Global Traumatic Brain Injury Market in Revenue?
North America was the largest region in the traumatic brain injury market in 2024. 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.

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