Intracranial Pressure (ICP) Monitoring Devices Market
Global Intracranial Pressure (ICP) Monitoring Devices Market Size, Share & Trends Analysis Report by Technique (Invasive Monitoring Devices, and Non-Invasive Monitoring Devices), and by Application (Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, Traumatic Brain Injury, and Others)Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global intracranial pressure (ICP) monitoring devices market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The increasing prevalence of neurological disorders such as brain aneurysms and Arteriovenous Malformations (AVMs) are estimated to be the major factors driving the growth of the intracranial pressure monitoring devices market. Furthermore, a paradigm shift from an invasive monitoring devices to non-invasive monitoring devices in addition to technological advancements in brain monitoring devices are further fuelling the growth of the market. However, the dearth of skilled surgeons and technicians and the heavy cost of the complex brain monitoring devices are the major constraints in the growth of this market.
Impact of COVID-19 Pandemic on Global Intracranial Pressure (ICP) Monitoring Devices Market
The Intracranial Pressure (ICP) Monitoring Devices market was impacted by COVID-19 due to lower hospital and diagnostic center visits due to the high penetration of COVID-19 across the globe. However, in the second quarter, the ease of COVID-19 measures has benefited the overall industry growth.
Segmental Outlook
The global Intracranial Pressure (ICP) Monitoring Devices market is segmented based on the Technique and application. Based on the technique, the market is segmented into invasive monitoring devices and non-invasive monitoring devices. Based on the application, the market is sub-segmented into an intracerebral hemorrhage, meningitis, subarachnoid hemorrhage, traumatic brain injury, and others. The above-mentioned segments can be customized as per the requirements. Non-invasive techniques are categorized into fundoscopy, MRI or CT scan, optic nerve sheath diameter, transcranial Doppler ultra-sonogram, and tympanic membrane displacement. CT scans and MRIs are anticipated to be the fastest-growing market in non-invasive monitoring techniques due to the higher usage of CT scanners in cancer diagnostics. The increasing prevalence of cancer is expected to boost the market. For Instance, according to GLOBOCON 2020, 19.3 million new cancer cases were diagnosed in 2020 globally.
Global Intracranial Pressure (ICP) Monitoring Devices Market Share by Application, 2021 (%)
The Traumatic Brain Injury is Anticipated to Hold the Prominent Share in the Global Intracranial Pressure (ICP) Monitoring Devices Market
Traumatic brain injury is anticipated to hold a prominent share in the global intracranial pressure (ICP) monitoring devices market due to the rising incidents of patients suffering from brain injury. According to the Centers for Disease Control and Prevention, 2021, there were about 61,000 traumatic brain injury deaths in the United States in 2019. Road accidents are one of the major causes of traumatic brain injury globally. According to the World Health Organization, in 2021, approximately 1.3 million people die each year due to road traffic crashes, and about 20 to 50 million more people suffer non-fatal injuries worldwide.
Regional Outlooks
The global intracranial pressure (ICP) monitoring devices market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America region is expected to cater to considerable growth over the forecast period, due to its share in the global intracranial pressure monitoring devices market, owing to well-established healthcare infrastructure.
Global Intracranial Pressure (ICP) Monitoring Devices Market Growth, by Region 2022-2028
The Asia Pacific is expected to be the Fastest-Growing Region in the Global Intracranial Pressure (ICP) Monitoring Devices Market
Asia-Pacific is anticipated to be the fastest-growing region in the global intracranial pressure (ICP) monitoring devices market during the forecast period. The growth of the region is primarily attributable to increasing government initiatives, growing awareness regarding neurological disorders, and the availability of diagnostic procedures for their treatment. Moreover, the availability of a large population suffering from brain disorders, and the presence of various well-established hospitals and critical care centers are projected to fuel the growth of the market in Asia-Pacific.
Market Players Outlook
The major companies serving the global intracranial pressure (ICP) monitoring devices market include Integra LifeSciences Holdings Corp., Medtronic, plc, DePuy Synthes (A Johnson and Johnson Companies, Digitimer Ltd., Focus Medical Group, Koninklijke Philips N.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In February 2021, Novasignal Corp. launched a cloud-based app to provide alerts to clinicians directly from its cerebral ultrasound device. The new app allows physicians to get instant notifications from the Novaguide device, a transcranial Doppler ultrasound technology that allows for real-time assessment of blood flow in the brain by combining robotics and artificial intelligence (AI).
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global intracranial pressure (ICP) monitoring devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of marketentry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Intracranial Pressure (ICP) Monitoring Devices Market
• Recovery Scenario of Global Intracranial Pressure (ICP) Monitoring Devices Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Integra LifeSciences Holdings Corp.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Medtronic, plc
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. DePuy Synthes (A Johnson and Johnson Companies)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Key Strategy Analysis
3.5. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Intracranial Pressure (ICP) Monitoring Devices Market by Technique
4.1.1. Invasive Monitoring Devices
4.1.2. Non-Invasive Monitoring Devices
4.2. Global Intracranial Pressure (ICP) Monitoring Devices Market by Application
4.2.1. Intracerebral Hemorrhage
4.2.2. Meningitis
4.2.3. Subarachnoid Hemorrhage
4.2.4. Traumatic Brain Injury
4.2.5. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Digitimer Ltd.
6.2. Focus Medical Group
6.3. HAIWEIKANG Medical treatment instrument Co. Ltd.
6.4. HeadSense Medical Ltd.
6.5. IRRAS AB
6.6. Koninklijke Philips N.V.
6.7. Natus Medical Inc.
6.8. Nisonic AS
6.9. NOVASIGNAL CORP.
6.10. RAUMEDIC AG
6.11. SOPHYSA SA
6.12. SPIEGELBERG GMBH & CO. KG
6.13. Third Eye Diagnostics, Inc.
6.14. Vivonics Inc.
1. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNIQUE, 2021-2028 ($ MILLION)
2. GLOBAL INVASIVE MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NON-INVASIVE MONITORING DEVICES HEART MONITORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR INTRACEREBRAL HEMORRHAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR MENINGITISMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR SUBARACHNOID HEMORRHAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR TRAUMATIC BRAIN INJURY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
11. NORTH AMERICAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNIQUE, 2021-2028 ($ MILLION)
13. NORTH AMERICAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. EUROPEAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. EUROPEAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNIQUE, 2021-2028 ($ MILLION)
16. EUROPEAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNIQUE, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. REST OF THE WORLD INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. REST OF THE WORLD INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNIQUE, 2021-2028 ($ MILLION)
22. REST OF THE WORLD INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET, 2022-2028 (%)
4. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SHARE BY TECHNIQUE, 2021 VS 2028 (%)
5. GLOBAL INVASIVE MONITORING DEVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL NON-INVASIVE MONITORING DEVICES HEART MONITORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
8. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR INTRACEREBRAL HEMORRHAGE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FORMENINGITIS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR SUBARACHNOID HEMORRHAGE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR TRAUMATIC BRAIN INJURY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES FOR OTHERSMARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. US INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
16. UK INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD INTRACRANIAL PRESSURE (ICP) MONITORING DEVICES MARKET SIZE, 2021-2028 ($ MILLION)
