ID: MRFR/MED/1510-HCR | February 2023 | Region: Global | 85 Pages
Global Intra-cranial pressure (ICP) Monitor Market is expected to reach USD 2.5 billion at CAGR of 6.7% by 2030
$USD 2.5 billion
6.7%
North America
2022-2030
Market Synopsis of Global Intra-cranial pressure (ICP) Monitor Market:
Market Scenario:
The global intra-cranial pressure (ICP) monitor market is expected to grow at 6.7% CAGR to reach USD 2.5 billion over the forecast period 2022-2030. Intra-cranial pressure (ICP) monitors are devices used for treating severe brain injury by recording the pressure (swelling) inside different areas of the brain. This devise segment is growing rapidly due to increase in number of cases related to neurological disorders, along with technology advancement and awareness about different types of treatment in the market. Other factors leading to the increasing growth of the device market includes increase cases of sleep disorders, brain disorders autoimmune disease and depression cases in the present generation.
Study Objectives of Intra-cranial pressure (ICP) monitor market:
Key Findings:
Key players of Global Intra-cranial pressure (ICP) monitor market:
The major players listed in the research report are Covidien plc (Ireland), Compumedics Limited (Australia), Natus Medical Incorporated (US), Integra LifeSciences Corporation (US), Codman & Shurtleff, Inc. (US), Raumedic (USA) and Vittamed.
Segments:
The global intra-cranial pressure (ICP) monitor market is majorly segmented on the basis of techniques, methods and application. Based on techniques, market is segmented into invasive and non-invasive ICP monitoring. Based on methods used in screening these are classified into intra-ventricular catheter, subdural screw and epidural sensor. Further on the basis of application the market is again classified into traumatic brain injury, intra-cerebral hemorrhage, meningitis and others.
The report for Global Intra-cranial pressure (ICP) monitor market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions. Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: USD 2.5 billion |
CAGR | 2030: 6.7% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | techniques, methods and application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Covidien plc (Ireland), Compumedics Limited (Australia), Natus Medical Incorporated (US), Integra LifeSciences Corporation (US), Codman & Shurtleff, Inc. (US), Raumedic (USA) and Vittamed |
Key Market Opportunities | joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments |
Key Market Drivers | Increase cases of sleep disorders, brain disorders autoimmune disease and depression cases |
Covidien Plc. (Ireland), Compumedics Limited (Australia), Natus Medical Incorporated (US), Integra LifeSciences Corporation (US), Codman & Shurtleff, Inc. (US), Vittamed, and Raumedic (USA), are some of the major players operating in the intra-cranial pressure (ICP) monitor market.
The Invasive technique segment holds the largest share of the global intra-cranial pressure (ICP) monitor market.
North America holds the largest share in the global intra-cranial pressure (ICP) monitor market, followed by Europe and the Asia Pacific, respectively.
Increasing government funding to support R&D, technological advancements in the field of telehealth, telemetric monitoring, and smart & connected devices, and proliferation of Internet of Things (IoT) and Artificial Intelligence (AI) are the major tailwinds pushing the growth of the global intra-cranial pressure (ICP) monitor market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global intra-cranial pressure (ICP) monitor market adopt to gain a larger competitive advantage.