Global Non-Invasive Brain Trauma Monitoring Devices Market

Global Non-Invasive Brain Trauma Monitoring Devices Market Size, Share, Growth Analysis, By Type (Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor), By Product(Consumables, monitoring devices), By Application(Cardiology, Urology), By End users(Hospitals, neurological centers) - Industry Forecast 2022-2028


Report ID: SQSG35A2094 | Region: Global | Published Date: December, 2022 | Pages: 157

Global Non-Invasive Brain Trauma Monitoring Devices Market Insights

Global Non-Invasive Brain Trauma Monitoring Devices Market was valued at USD 11.1 billion in 2021 and it is expected to reach a value of USD 18.66 billion by 2028, at a CAGR of more than 7.7% during the forecast period (2022–2028).

Traumatic brain injury (TBI) is a serious illness that affects millions of individuals annually. For instance, brain injury is a major global cause of disability and death, according to World Health Organization (WHO) research.

Most minor injury victims don't require hospitalization. A hospital or neuro center should handle the treatment for those with severe head injuries. Non-invasive brain monitoring devices help neurologists evaluate the health of the brain without becoming invasive.

In hospitals and neurological institutions, non-invasive brain trauma monitoring devices are being used more often to track patients' recovery from initial brain injuries and prevent further brain damage.

Non-invasive brain trauma monitoring devices in traumatic brain injury have an anti-inflammatory impact because they prevent the production of inflammatory molecules after a head injury.

It helps the practitioner to determine whether and what steps should be taken to reduce brain trauma by continuously assessing brain trauma in critical-care patients. These factors will bolster the demand for non-invasive brain trauma monitoring in the global market.

Market snapshot

Global Market Size

USD 11.1 billion

Largest Segment

Monitoring Devices

Fastest Growth

Consumables

Growth Rate

more than 7.7% CAGR

Global Non-Invasive Brain Trauma Monitoring Devices Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Non-Invasive Brain Trauma Monitoring Devices Market Size By product, 2021-2028 ($ Bn)
Global Non-Invasive Brain Trauma Monitoring Devices Market Size By product, 2021-2028 (%)

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Global Non-Invasive Brain Trauma Monitoring Devices Market Segmental Analysis

Global Non-Invasive Brain Trauma Monitoring Devices Market is segmented based on the type, product, application, end users, and region. Based on Type, the market is segmented into Non-invasive Intracranial Pressure Monitors, Non-invasive Cerebral Edema Dynamic monitors, and others. According to the product it is bifurcated into Consumables and Monitoring Devices. On the basis of application, it is categorized into Cardiology, Urology, and Nephrology, Oncology, Gastroenterology, and others. According to end users, it is sub-segmented into Hospitals, Neurological Centres, and others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Analysis by product

The monitoring segment accounted for the highest market share in 2021. Monitoring devices segment is further sub-divided into intracranial pressure monitoring, MRI scanners, CT scanners, PET scanners, electroencephalography, magnetoelectroencephalography (MEG), and others.

The widespread usage of these monitoring tools owing to the new healthcare settings globally is fueling market expansion. The cost of these devices is higher than that of the consumables, increasing the market share of this sector.

On the other hand, it is projected that the consumables segment, which consists of electrodes, sensors, and fiber optic cables, would develop at a profitable pace throughout the projection period. This is due to repeated purchases of these items and ongoing maintenance procedures.

Analysis by Type

The segment of non-invasive intracranial pressure monitoring held the largest market share in 2021. There is a small cavity in the skull that holds water and other mainly incompressible materials.

Therefore, even moderate swelling has the potential to significantly raise intracranial pressure (ICP), cause more brain swelling, and perhaps cause permanent brain damage.

ICP monitoring is crucial in the clinical care of brain injuries that entail the risk of fatal intracranial hypertension. Various research and development initiatives are also undertaken for the creation of a novel non-invasive method for continuous intracranial pressure (ICP) monitoring using a forehead-mounted probe.

In the treatment of serious head trauma, intracranial pressure (ICP) monitoring has come to be considered one of the standards of care.

Global Non-Invasive Brain Trauma Monitoring Devices Market By product type, 2021 (%)

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Global Non-Invasive Brain Trauma Monitoring Devices Market Regional Insights

Globally, North America dominated the Global Non-Invasive Brain Trauma Monitoring Devices Market in 2021. This is because the healthcare sector in North America is expanding rapidly. North America is anticipated to lead the worldwide non-invasive brain trauma monitoring devices market in terms of geography due to the presence of several technology and pharmaceutical businesses in nations like Canada and the U.S. Additionally, a rise in the prevalence of traumatic brain injuries and the cost of treatment are both contributing to the market's expansion.

Asia Pacific region is expected to witness the fastest growth rate during the forecast period. The demand for the no-invasive brain trauma monitoring device is expected to increase because of economic trends, particularly in China and India. Furthermore, this area contributes about 60.0% of the world's population, as a result, the enormous population base's significant unmet demands present opportunities for market participants. Due to these reasons the market is anticipated to expand significantly in developing regions like the Asia Pacific during the forecast period.

Global Non-Invasive Brain Trauma Monitoring Devices Market By Geography, 2021-2028
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Global Non-Invasive Brain Trauma Monitoring Devices Market Dynamics

Drivers

Rising Need to Cater Numerous Brain Trauma will Boost Demand for Non-Insvasive Brain Trauma Monitoring Devices in Global Market

  • The market for non-invasive brain trauma monitoring devices has been driven by factors like rising illness prevalence, technical progress, and rising awareness of neurological disorders and their treatment. The market for non-invasive brain trauma monitoring devices has also been driven by reduced prices compared to invasive treatments, the absence of any maintenance requirements, and compact device size. Neurological diseases are significantly more likely to occur as people age. For instance, around 6.0% of persons have disability linked to neurodegenerative illnesses and over 20.0% of adults over 60 have neurological problems. As a result, it is projected that the growing ageing population will positively impact the growth of the market.

Restraints

Stringent Government Regulations to Hinder Market Growth during Forecast Period 

  • Stringent government laws in some countries, as well as a dearth of experienced medical practitioners, is hampering the market growth for non-invasive brain damage monitoring devices.
  • The expensive cost of different non-invasive brain trauma monitoring devices is a key business barrier, particularly in emerging markets. The high prices of minimally invasive medicines may stifle market expansion in underdeveloped nations with low-income levels.
  • Additionally, the lack of skilled personnel and knowledge becomes a hurdle, delaying the market's development even more.

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Global Non-Invasive Brain Trauma Monitoring Devices Market Competitive Landscape

Global Non-Invasive Brain Trauma Monitoring Devices Market is fragmented and highly competitive. To maintain a competitive edge and increase their market position in the worldwide non-invasive brain trauma monitoring devices market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint venture, alliances, and partnerships.

In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Top Player's Company Profiles

  • Natus Medical, Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • GE Healthcare
  • Advanced Brain Monitoring
  • CAS Medical Systems, Inc.
  • Siemens, Inc.
  • Compumedics Ltd.
  • Medtronic PLC
  • Integra Lifesciences
  • Covidien PLC
  • Cadwell Industries, Inc.
  • Canon Medical Systems Corporation
  • Codman & Shurtleff, Inc
  • Magstim EGI
  • General Electric Company
  • Hitachi, Ltd.

Recent Developments

  • In July 2022, United States Department of Defense’s Defense Advanced Research Projects Agency(DARPA) launched a research project to revolutionize brain injury diagnosis on the battlefield. The DARPA project is aimed at developing new technologies that would allow doctors to detect intracranial pressure without the need for invasive diagnostic testing and specialised surgical procedures.
  • In February 2022, the Ohio state university researchers successfully tested in the lab a tiny biosensor they developed to help detect biomarkers tied to traumatic brain injuries. The chip contains electronic components known as field-effect transistors, which emit an electrical signal after sensing the chemical of interest and can be detected and evaluated outside the body.

Global Non-Invasive Brain Trauma Monitoring Devices Key Market Trends

Rise in Clinical Trials will Shape the Future of Non-Invasive Trauma Monitoring Devices Market

  • Standardization of brain monitoring procedures, as well as an increase in the number of clinical trials for neuro-cognitive illnesses, are likely to provide a favourable opportunity for the market of non-invasive brain damage monitoring devices.
  • Companies participating in partnerships and collaborations are among the current trends identified in the non-invasive brain trauma monitoring devices industry. Furthermore, businesses are focusing on the manufacture of digitalized products such as mobile devices and wireless technologies for simple and quick processing.

Global Non-Invasive Brain Trauma Monitoring Devices Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global non-invasive brain trauma monitoring devices market analysis, the demand for these devices is probably going to increase as minimally invasive techniques become more and more common. In terms of type, the segment of non-invasive intracranial pressure monitoring held larger market share. This can be attributed to the importance of intracranial pressure monitoring in cases of brain injuries. In terms of product, the segment of monitoring devices held the larger share of the Global Non-Invasive Brain Trauma Monitoring Devices Market. This can be caused due to the high cost of these devices and the changing healthcare scenario worldwide. Players in the market can strategies better by investing in expansion of product portfolio and catering to rising needs of patients.

Report Metric Details
Market size value in 2021 USD 11.1 billion
Market size value in 2028 USD 18.66 billion
Growth Rate more than 7.7%
Base year 2021
Forecast period 2022–2028
Forecast Unit (Value) USD Billion
Segments covered
  • Type 
    • Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor, others
  • Product
    • Consumables, monitoring devices
  • Application
    • Cardiology, Urology, Nephrology, Oncology, Gastroenterology, others
  • End users
    • Hospitals, neurological centers, others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Natus Medical, Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • GE Healthcare
  • Advanced Brain Monitoring
  • CAS Medical Systems, Inc.
  • Siemens, Inc.
  • Compumedics Ltd.
  • Medtronic PLC
  • Integra Lifesciences
  • Covidien PLC
  • Cadwell Industries, Inc.
  • Canon Medical Systems Corporation
  • Codman & Shurtleff, Inc
  • Magstim EGI
  • General Electric Company
  • Hitachi, Ltd.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Non-Invasive Brain Trauma Monitoring Devices Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Non-Invasive Brain Trauma Monitoring Devices Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Non-Invasive Brain Trauma Monitoring Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Non-Invasive Brain Trauma Monitoring Devices Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Non-Invasive Brain Trauma Monitoring Devices Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Non-Invasive Brain Trauma Monitoring Devices Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQ's

Global Non-Invasive Brain Trauma Monitoring Devices Market was valued at USD 11.1 billion in 2021 and it is expected to reach a value of USD 18.66 billion by 2028, at a CAGR of more than 7.7% during the forecast period (2022–2028).

Global Non-Invasive Brain Trauma Monitoring Devices Market is fragmented and highly competitive. To maintain a competitive edge and increase their market position in the worldwide non-invasive brain trauma monitoring devices market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint venture, alliances, and partnerships. 'Natus Medical, Inc.','Nihon Kohden Corporation','Philips Healthcare','GE Healthcare','Advanced Brain Monitoring','CAS Medical Systems, Inc.','Siemens, Inc.','Compumedics Ltd.','Medtronic PLC','Integra Lifesciences','Covidien PLC','Cadwell Industries, Inc.','Canon Medical Systems Corporation','Codman & Shurtleff, Inc','Magstim EGI','General Electric Company','Hitachi, Ltd.'

The market for non-invasive brain trauma monitoring devices has been driven by factors like rising illness prevalence, technical progress, and rising awareness of neurological disorders and their treatment. The market for non-invasive brain trauma monitoring devices has also been driven by reduced prices compared to invasive treatments, the absence of any maintenance requirements, and compact device size. Neurological diseases are significantly more likely to occur as people age. For instance, around 6.0% of persons have disability linked to neurodegenerative illnesses and over 20.0% of adults over 60 have neurological problems. As a result, it is projected that the growing ageing population will positively impact the growth of the market.

Standardization of brain monitoring procedures, as well as an increase in the number of clinical trials for neuro-cognitive illnesses, are likely to provide a favourable opportunity for the market of non-invasive brain damage monitoring devices.

Globally, North America dominated the Global Non-Invasive Brain Trauma Monitoring Devices Market in 2021. This is because the healthcare sector in North America is expanding rapidly. North America is anticipated to lead the worldwide non-invasive brain trauma monitoring devices market in terms of geography due to the presence of several technology and pharmaceutical businesses in nations like Canada and the U.S. Additionally, a rise in the prevalence of traumatic brain injuries and the cost of treatment are both contributing to the market's expansion.

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