Global Intracranial Pressure Monitoring Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Intracranial Pressure Monitoring Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Technique (Invasive, and Non-Invasive), Application (Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, CSF Management, Migraine, Stroke, Hydrocephalus, EEG, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Intracranial Pressure Monitoring Market was valued at USD 1,751.1 million in 2023 and is expected to reach USD 3,289.5 million by 2031 while growing at a CAGR of 8.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global intracranial pressure monitoring market growth. Intracranial pressure (ICP) monitoring involves placing a device inside the head to measure pressure within the skull. The monitor detects this pressure and transmits measurements to a recording device. This method permits the precise implementation of interventions with a specific target, thus avoiding potentially detrimental aggressive treatments. It is typically employed in cases of severe head injury or brain/nervous system disease. Additionally, it may be utilized post-surgery following tumor removal or blood vessel damage repair if there are concerns regarding brain swelling.
The market is driven by factors such as the rising incidence of traumatic brain injuries, advancements in healthcare infrastructure, and increasing awareness about neurological disorders. However, hindrances like the high cost of monitoring devices and procedures, as well as the complexity of interpretation and management, impede the growth of the market.
Furthermore, the global intracranial pressure monitoring industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Technique Analysis
The Global Intracranial Pressure Monitoring Market is segmented among Invasive, and Non-invasive, based on Technique. In 2023, Invasive accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Intracranial Pressure Monitoring Market is segmented among Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, CSF Management, Migraine, Stroke, Hydrocephalus, EEG, and Others, based on Application. In 2023, Traumatic Brain Injury accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Intracranial Pressure Monitoring Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Medtronic PLC, Codman & Shurtleff Inc., RAUMEDIC AG, Sophysa Ltd., Orsan Medical Technologies, Integra LifeSciences Corporation, Spiegelberg GmbH & Co. KG, and Natus Medical Incorporated
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Intracranial Pressure Monitoring Market Dynamics
Drivers
Restraints
Opportunity
4. Global Intracranial Pressure Monitoring Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Intracranial Pressure Monitoring Market Segmentation, By Technique
Global Intracranial Pressure Monitoring Market Share Analysis, By Technique
Global Intracranial Pressure Monitoring Market Growth Analysis, By Technique
Global Intracranial Pressure Monitoring Market Trends, By Technique
o Invasive
o Non-invasive
6. Global Intracranial Pressure Monitoring Market Segmentation, By Application
Global Intracranial Pressure Monitoring Market Share Analysis, By Application
Global Intracranial Pressure Monitoring Market Growth Analysis, By Application
Global Intracranial Pressure Monitoring Market Trends, By Application
o Traumatic Brain Injury
o Intracerebral Hemorrhage
o Meningitis
o Subarachnoid Hemorrhage
o CSF Management
o Migraine
o Stroke
o Hydrocephalus
o EEG
o Others
7. Global Intracranial Pressure Monitoring Market Segmentation, By Region
Global Intracranial Pressure Monitoring Market Share Analysis, By Region
Global Intracranial Pressure Monitoring Market Growth Analysis, By Region
Global Intracranial Pressure Monitoring Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Medtronic PLC*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Codman & Shurtleff Inc.
RAUMEDIC AG
Sophysa Ltd.
Orsan Medical Technologies
Integra LifeSciences Corporation
Spiegelberg GmbH & Co. KG
Natus Medical Incorporated
*Similar analysis will be provided for each company listed above.
