Market Synopsis
Market Research Future (MRFR) postulates that the global intracranial pressure (ICP) monitoring market is likely to exhibit 7.1% CAGR during the forecast period (2018-2024) due to the increasing prevalence of neurovascular diseases like brain aneurysm and arteriovenous malformations. Intracranial pressure monitoring devices are especially designed to measure the pressure within the cranium which is caused by accident and trauma. Such devices are generally used to treat traumatic brain injury. ICP measures the pressure in the skull by placing a small probe in the skull. The probe is further attached at the other end to a monitor. The device helps to sense the pressure caused inside the skull and transports the measurements to a recording device.
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Market Potential and Pitfalls
With the increasing incidences of neurovascular diseases like brain aneurysm and arteriovenous malformations, the global intracranial pressure (ICP) monitoring market is predicted to foster during the forecast period. The increased expenditure on healthcare coupled with the strong demand for therapeutics is some of the chief factors propelling the market growth across the globe. The market is slated to exhibit a sturdy growth rate owing to the introduction of favorable reimbursement policies which aim towards the betterment of the public. Moreover, the surging biotechnology sector is likely to cause a shift in the sector and result in the growth of ICP monitoring market.
Global Intracranial Pressure (ICP) Monitoring Market: Segmental Analysis
The global intracranial pressure (ICP) monitoring market has been segmented on the basis of technique, route of intervention, application, device, and end-user.
By mode of route of intervention, the global intracranial pressure (ICP) monitoring market has been segmented into epidural and intraventricular sensor.
By mode of technique, the global intracranial pressure (ICP) monitoring market has been segmented into non-invasive and invasive.
By mode of devices, the global intracranial pressure (ICP) monitoring market has been segmented into subarachnoid screw, intraventricular catheter, non-invasive ICP monitors, and epidural sensors.
By mode of end-users, the global intracranial pressure (ICP) monitoring market has been segmented into trauma centers and hospitals & clinics.
Regional Insights
Geographically, the intracranial pressure (ICP) monitoring market span across regions namely, Europe, America, Asia Pacific, and the Middle East & Africa.
Among all the regions, the American region is considered to lead the global intracranial pressure (ICP) monitoring market. The growth is credited to the increasing number of patients suffering from moderate to severe brain injury. Moreover, awareness regarding neurodegenerative disease coupled with the constant initiatives undertaken by the government for offering a better infrastructure is predicted to contribute to the market growth in this region.
The Asia Pacific region is considered to expand at the fastest rate owing to the presence of a large patient pool suffering from brain disorders. Moreover, government initiatives and the presence of well-established critical care centers and hospitals are further estimated to boost the market in this region.
Competitive Dashboard
The prominent players operating in the global intracranial pressure (ICP) monitoring market are Terumo Corporation (U.S.), Spiegelberg GmbH & Co. KG (Germany), DePuy Synthes (U.S.), Medtronic Plc (Ireland), RAUMEDIC Inc. (Germany), Sophysa SA (France), Natus Medical Incorporated (U.S.), Boston Neurosciences (U.S.), and Integra LifeSciences Corporation (U.S.).
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Market SynopsisMarket Research Future (MRFR) postulates that the global intracranial pressure (ICP) monitoring market is likely to exhibit 7.1% CAGR during the forecast period (2018-2024) due to the increasing prevalence of neurovascular diseases like brain aneurysm and arteriovenous malformations.
Intracranial pressure monitoring devices are especially designed to measure the pressure within the cranium which is caused by accident and trauma.
Such devices are generally used to treat traumatic brain injury.
Request Sample Copy:https://www.marketresearchfuture.com/sample_request/2042Market Potential and PitfallsWith the increasing incidences of neurovascular diseases like brain aneurysm and arteriovenous malformations, the global intracranial pressure (ICP) monitoring market is predicted to foster during the forecast period.
The increased expenditure on healthcare coupled with the strong demand for therapeutics is some of the chief factors propelling the market growth across the globe.
Moreover, the surging biotechnology sector is likely to cause a shift in the sector and result in the growth of ICP monitoring market.Global Intracranial Pressure (ICP) Monitoring Market: Segmental AnalysisThe global intracranial pressure (ICP) monitoring market has been segmented on the basis of technique, route of intervention, application, device, and end-user.By mode of route of intervention, the global intracranial pressure (ICP) monitoring market has been segmented into epidural and intraventricular sensor.By mode of technique, the global intracranial pressure (ICP) monitoring market has been segmented into non-invasive and invasive.By mode of devices, the global intracranial pressure (ICP) monitoring market has been segmented into subarachnoid screw, intraventricular catheter, non-invasive ICP monitors, and epidural sensors.By mode of applications, the global intracranial pressure (ICP) monitoring market has been segmented into intracerebral hemorrhage, traumatic brain injury, meningitis, and subarachnoid hemorrhage.
Global Intra-cranial pressure Monitor Market by techniques (invasive and non-invasive), by methods (intra-ventricular catheter, subdural screw, epidural sensor) by application (traumatic brain injury, intra-cerebral hemorrhage, meningitis and others), Forecast till 2022Market ScenarioGlobal Intra-cranial pressure Monitor Market, although in its embryonic stage, is still witnessing an outstanding growth over the past couple of years.
This growth attributes to the ability of these monitors in the field of neurosurgery in processes such as the external ventricular draining, CSF circulation, and CSF functions among others.Furthermore, traumatic brain injuries and diseases that are impacting the brain health such as intra-cerebral hemorrhage, meningitis, and neurological damages among others are fostering the market growth to an extent.Avail a Free Sample Insights@ https://www.medgadget.com/2019/07/intracranial-pressure-icp-monitoring-market-size-global-opportunities-sales-revenue-growth-factors-industry-segments-top-leaders-and-regional-forecast-2024.html The neurology sector has been witnessing the emergence of many advent devices over the past few years which is increasing the market size with the huge demand for ICP monitors, increasing applications of these monitors.
Resultantly, the ICP monitor market is escalating on the global platform.Acknowledging the traction, this market is vibrating with currently; Market Research Future (MRFR) in its recently published study report giving asserts that the global intra-cranial pressure monitor market gaining further prominence will register a spectacular growth by 2022, growing at an impressive CAGR during the review period (2016 – 2022).Additional factors substantiating the market growth include increasing government funding and programs primarily in the developing regions to support the R activities undertaken to bring more advancements and inventions in these monitors.
Technological advancements in the field of telehealth, telemetric monitoring, and in smart and connected devices along with penetration of ubiquitous technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) are fostering the market growth of ICP monitors.Furthermore, factors such as the increasing prevalence of neurological diseases and disorders of the nervous system such as Schizophrenia, Parkinson’s disease, and Cerebral Palsy alongside the changing lifestyle led by the growing urbanization and industrialization are fostering the market growth.
To identify the unmet clinical needs, some caregiving facilities are aiming to have high-quality screening (monitoring) available in their facilities.On the flip side, factors such as high costs of ICP monitors along with the low or no awareness among consumers towards the availability and advantages of these monitors are obstructing the market growth.
Nevertheless, new product development alongside services made available in the developing and developed countries by the matured market players are some of the factors expected to support the market growth during the anticipated period, filling up the demand and supply gap.Global Intra-cranial Pressure Monitor Market – Geographical AnalysisGlobally, North America is dominating the global Intra-cranial pressure monitor market.
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Intra Cranial Pressure (ICP) Monitoring Devices business report works as a well thought-of source of information to offer a telescopic view of the existing market trends, situations, opportunities and status.
The market report is a window to the U.S. Intra Cranial Pressure (ICP) Monitoring Devices industry which gives details about what market definition, classifications, applications, engagements and market trends are.In addition, this market report consists of vital aspects of the market that contain but are not limited to historic data, present market trends, environment, future trends, technological innovation, upcoming technologies and the technical progress in the U.S. Intra Cranial Pressure (ICP) Monitoring Devices industry.Significant Major Market Competitors/Players of this U.S. Intra Cranial Pressure (ICP) Monitoring Devices Market –Medtronic, Johnson & Johnson Services Inc., RAUMEDIC AG, Integra LifeSciences Corporation, Natus Medical Incorporated and Terumo Corporation among other domestic and global playersSegmentation of the U.S. Intra Cranial Pressure (ICP) Monitoring Devices Market –U.S.
Global Intra-cranial pressure (ICP) Monitor Market information, by techniques (invasive and non-invasive), by methods (intra-ventricular catheter, subdural screw, epidural sensor) by application (traumatic brain injury, intra-cerebral hemorrhage, meningitis and others), Forecast till 2027Global Intra-cranial Pressure (ICP) Monitor market, although in its embryonic stage, is still witnessing an outstanding growth over the past couple of years.
This growth attributes to the ability of these monitors in the field of neurosurgery in processes such as the external ventricular draining, CSF circulation, and CSF functions among others.Furthermore, traumatic brain injuries and diseases that are impacting the brain health such as intra-cerebral hemorrhage, meningitis, and neurological damages among others are fostering the market growth to an extent.
The neurology sector has been witnessing the emergence of many advent devices over the past few years which is increasing the market size with the huge demand for ICP monitors, increasing applications of these monitors.
To identify the unmet clinical needs, some caregiving facilities are aiming to have high-quality screening (monitoring) available in their facilities.On the flip side, factors such as high costs of ICP monitors along with the low or no awareness among consumers towards the availability and advantages of these monitors are obstructing the market growth.
Nevertheless, new product development alongside services made available in the developing and developed countries by the matured market players are some of the factors expected to support the market growth during the anticipated period, filling up the demand and supply gap.Global Intra-cranial Pressure Monitor Market – SegmentationsMRFR has segmented its analysis into four key dynamics for enhanced understanding.By Techniques : Invasive and Non-Invasive among others.By Methods : Intra-Ventricular Catheter, Subdural Screw, and Epidural Sensor among others.By Applications : Traumatic Brain Injury, Intra-Cerebral Hemorrhage, and Meningitis among others.By Regions : Europe, North America, APAC and Rest-of-the-World.Global Intra-cranial Pressure Monitor Market – Geographical AnalysisGlobally, North America is dominating the global Intra-cranial pressure monitor market.
Increasing focus on the development of advent monitors alongside rising government support for R activities is contributing to the market growth.
