The Global Non-Invasive Intracranial Pressure Monitoring Device Market was valued at $0.871 Billion in 2020. Growing at a high CAGR of more than 7.1% between 2021 and 2031, it is estimated to reach $1.89 Billion by 2031. But, the current pandemic of COVID-19 might make a slight difference in the current year's growth rate. The increasing number of traumatic brain injuries due to sports incidents and road accidents is anticipated to propel the demand for non-invasive intracranial pressure monitoring devices. However, increasing incidences of neurological diseases, with the rising number of surgical procedures to treat associated conditions, drive the market growth during the forecast period. In addition to this, increasing awareness and improvement in healthcare facilities are also propelling market growth. Now, moving forward, the robust demand for the Global Non-Invasive Intracranial Pressure Monitoring Device Market in the healthcare department is further estimated to create new necessities and augment the market of growth over the forecast period of 2021-2031.
Global Non-Invasive Intracranial Pressure Monitoring Device Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The Non-Invasive Intracranial Pressure Monitoring Device market is segmented as device type and application. Based on Device Type, the global Non-Invasive Intracranial Pressure Monitoring Device market is divided into Transcranial Doppler Ultrasonography, Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter, MRI/CT, and Fundoscopy (Papilledema). Based on Application, the global Non-Invasive Intracranial Pressure Monitoring Device market has been bifurcated as Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, and Others.
By Region, North America is Holding the Major Market Share
The Non-Invasive Intracranial Pressure Monitoring Device Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, North America has a significant share among those regions. The increasing number of brain disorders and coupled with the growing demand for the treatment device is expecting to drive the market over the region. Apart from that, favorable rules and regulations and growing investment in the healthcare sector are factors for market growth. Apart from that, the Asia Pacific and the Rest of the regions are expected to increase the growth rate in the upcoming forecast period of 2021 to 2031.
Major Players in the Global Non-Invasive Intracranial Pressure Monitoring Device Market
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include Codman Neuro (Integra Life Sciences), Medtronic, RAUMEDIC AG, SOPHYSA, Spiegelberg GmbH & Co. KG, Natus Medical Incorporated, Gaeltec Devices Ltd., Neural Analytics, Integra LifeS ciences Corporation, Covidien, PLC, Compumedics, Ltd., Nihon Kohden Corporation, CAS Medical Systems, and Advanced Brain Monitoring Inc. among others.
The Global Non-Invasive Intracranial Pressure Monitoring Device Market Has Been Segmented into:
Global Non-Invasive Intracranial Pressure Monitoring Device Market: By Device Type
Global Non-Invasive Intracranial Pressure Monitoring Device Market: By Application
Global Non-Invasive Intracranial Pressure Monitoring Device Market: By Region
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