Intracranial Pressure Monitoring Market Driven by Growing Demand in Hemorrhage Management, Trauma Management

Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Intracranial Pressure (ICP) Monitoring Market.

Overview

The Global Intracranial Pressure (ICP) Monitoring Market is expected to exhibit a strong 7.1% CAGR over the forecast period from 2018 to 2024, according to the latest research report from Market Research Future (MRFR). The global intracranial pressure monitoring market is mainly driven by the growing demand for noninvasive tools in the field of ICP monitoring and the increasing awareness about the importance of intracranial pressure monitoring in containing and managing neural and skeletal damage.

Competitive Analysis:

Leading players in the global intracranial pressure monitoring market include DePuy Synthes, Terumo Corporation, Spiegelberg GmbH & Co. KG, RAUMEDIC Inc., Boston Neurosciences, Medtronic plc, Integra LifeSciences Corporation, Sophysa SA, and Natus Medical Inc.

• In August 2019, Integra completed the acquisition of Arkis Biosciences, a leading player in the neurosurgery devices market.

Segmentation:

The global intracranial pressure (ICP) monitoring market can be segmented on the basis of route of intervention, technique, device, application, end user, and region.

By route of intervention, the global intracranial pressure monitoring market is segmented into intraventricular and epidural sensor.

By technique, the market is segmented into invasive and non-invasive. The former is segmented into microtransducer ICP monitoring and external ventricular drainage (EVD), while the latter is sub-segmented into transcranial doppler ultrasonography, tympanic membrane displacement (TMD) analyzer, optic nerve sheath diameter sonography, fundoscopy (papilladema), and MRI/CT.

Devices offered in the intracranial pressure monitoring market include intraventricular catheter, subarachnoid screw, epidural sensors, and non-invasive ICP monitors.

Key applications include traumatic brain injury, intracerebral hemorrhage, subarachnoid hemorrhage, and meningitis.

Major end users of ICP monitoring include hospitals & clinics and trauma centers.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/intracranial-pressure-monitoring-market-703

Regional Analysis

Americas held a dominant 41.4% share in the global intracranial pressure monitoring market in 2017 and are likely to hold on to the lead in the global intracranial pressure monitoring market over the forecast period due to the increasing demand for effective intracranial pressure monitoring devices in North America. Widespread awareness about the importance of intracranial pressure monitoring in North America, particularly the U.S. and Canada, is likely to remain a major driver for the intracranial pressure monitoring market in the Americas over the forecast period. Intracranial pressure monitoring is mainly used in the management of brain trauma and skeletal hemorrhage. The rising prevalence of both these target conditions in North America is likely to remain a major driver for the intracranial pressure monitoring market in the region over the forecast period.

Europe is also likely to hold a significant share in the global intracranial pressure monitoring market over the forecast period due to the increasing awareness about the process and the relevance of the monitoring in medical diagnosis and trauma management. Intensive efforts at trauma control and management in European countries are likely to be a major driver for the intracranial pressure monitoring market in the region over the forecast period. The growing demand for noninvasive intracranial pressure monitoring tools in Europe and North America is also likely to be a major driver for the market, as the healthcare sector in these advanced regions is transitioning towards noninvasive medical tests, leading to a corresponding increase in the demand for noninvasive tools and technologies from the medical devices sector. Despite the increasing awareness about the inefficacy of noninvasive testing in intracranial pressure monitoring, the demand for product innovations aiming at making noninvasive intracranial pressure monitoring more accurate and on par with invasive monitoring is likely to remain a major driver for the intracranial pressure monitoring market in North America and Europe over the forecast period.

Asia Pacific is also likely to exhibit steady growth in the global intracranial pressure monitoring market over the forecast period, though the region is not likely to overtake North America or Europe as the leading regional markets for intracranial pressure monitoring devices in the coming years. Increasing awareness about the importance of intracranial pressure monitoring in trauma management is likely to be a major driver for the intracranial pressure monitoring market in Asia Pacific over the forecast period.