A recent report published by Infinium Global Research on the intracranial pressure monitoring devices market provides an in-depth analysis of segments and sub-segments in the global as well as regional intracranial pressure monitoring devices market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional intracranial pressure monitoring devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global intracranial pressure monitoring devices market. According to the report, the global intracranial pressure monitoring devices market is projected to grow at a CAGR of 6.5% over the forecast period of 2019-2025.

Market Insight

Intracranial pressure monitoring devices are used in measuring the pressure in the cranium and brain caused due to any trauma or other diseases. It has significant importance in diagnostic and post-operative activities of patients with cranial injury due to trauma, hydrocephalus, and stroke. It helps surgeons to save the life of these patients with timely intervention and treatment.

The rising prevalence of neurological disorders worldwide drives the growth of the intracranial pressure monitoring devices market. A report estimated that in 2016 neurological disorder account for 276 million DALYs and also caused 9 million deaths. The monitoring of intracranial pressure has vital importance to prevent neurological damage and death. It is mandatory by the healthcare systems to have continuous monitoring of intracranial pressure in the patient population. The increasing number of traumatic accidents and rising brain injuries will augment the expansion of the intracranial pressure monitoring devices market. A study projected that trauma is the sixth leading cause of death globally. Also, it is the fifth leading cause of moderate and severe disability. Further, the shift from invasive monitoring to non-invasive monitoring led to market growth. The rising regulatory approval for products in the healthcare sector stimulates the development of intracranial pressure monitoring devices market. Additionally, increasing the development of invasive and non-invasive techniques to monitor intracranial pressure leverages the growth of the market. The rising healthcare expenditure promotes the demand for therapeutics. On the flip side, the high cost of brain monitoring devices and lack of skilled technicians and surgeons hamper the growth of the intracranial pressure monitoring devices market. Moreover, technological advancements in brain monitoring devices create several opportunities in the global intracranial pressure monitoring devices market.

Geographically, the global intracranial pressure monitoring devices market is segmented into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have the largest share in the global intracranial pressure monitoring devices market. The well-established healthcare infrastructure and rising prevalence of neurological disorders in North America drives the growth of the intracranial pressure monitoring devices market in North America. Asia-Pacific region is anticipated to grow in the global intracranial pressure monitoring devices market with a healthy CAGR over the forecast period. The surge in healthcare expenditure and the increasing patient pool suffering from brain disorders in Asia-Pacific led to the expansion of the intracranial pressure monitoring devices market in the region. Europe has fruitful growth opportunities in the global intracranial pressure monitoring devices market. The growth of the intracranial pressure monitoring devices market in Europe is attributed to the high adoption of monitoring devices among the end-user segment in the region.

Segment Covered

The report on global intracranial pressure monitoring devices market covers segments such as technique, application, and end-user. On the basis of technique, the sub-markets include invasive, and non-invasive. On the basis of application, the sub-markets include intracerebral hemorrhage, meningitis, subarachnoid hemorrhage, traumatic brain injury, and other applications. On the basis of end-user, the sub-markets include trauma centers, hospitals and clinics, and other end-users.

Companies Profiled:

The report provides profiles of the companies in the market such as Focus Medical Group Inc., DePuy Synthes Companies, HeadSense Medical Ltd., Linet Group SE, Medtronic plc, Raumedic AG, Integra LifeSciences Holdings Corporation, Sophysa, Spiegelberg GmbH & Co. KG, Vittamed Ltd., and Other Companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the intracranial pressure monitoring devices market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.