February 05, 2021
According to the research report titled ‘Global Non-Invasive Intracranial Pressure Monitoring Market Size study, by Type (Sound Signal Detection, Blood Flow Signal Detection) by Application (Cerebral Blood Flow Monitoring, Neuroelectrophysiological Monitoring, Brain Metabolism Monitoring) and Regional Forecasts 2020-2027’, available with Market Study Report, global non-invasive intracranial pressure monitoring market is expected to record a robust CAGR during 2020-2027.
Growing cases of brain injuries and neurological disorders are primarily stimulating global non-invasive intracranial pressure monitoring market growth. According to credible sources, over 1 million people were admitted as neural emergencies and 1.6 million people were detected with neurological mention in 2016-17 in UK. In addition, the admissions have surged by 21% and 24% respectively.
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For those unversed, intracranial pressure monitoring represents the system used to monitor and measure the intracranial pressure (ICP). ICP, the pressure inside the skull, composed of the cerebrospinal fluid (CSF) and brain tissue, is produced by trauma or other diseases. Notably, ICP monitoring is widely utilized in the post-operative treatments and diagnostics of the patients suffering from cranial injury.
Inclination towards the non-invasive monitoring is further stimulating the expansion of the business. On the downside, dearth of expert technicians is anticipated to hamper worldwide non-invasive intracranial pressure monitoring industry remuneration over the forecast timespan.
Based on type, the market is split into blood flow signal detection, and sound signal detection. With respect to application spectrum, the industry is bifurcated into brain metabolism monitoring, neuroelectrophysiological monitoring, and cerebral blood flow monitoring.
Speaking of the regional terrain, North America currently holds a major portion of global non-invasive intracranial pressure monitoring market share, on account of well-established healthcare sector, and increasing cases of brain injury.
On the other hand, Asia Pacific non-invasive intracranial pressure monitoring industry is slated to grow substantially through 2027, owing to rising investments in healthcare sector, and booming population.
Major companies in global non-invasive intracranial pressure monitoring market sphere are Third Eye Diagnostics Inc., Sophysa, NeuroDx Development LLC, HeadSense Medical Ltd., Gaeltec Devices Ltd., Vittamed Ltd., RAUMEDIC AG, Spiegelburg International GmbH & Co. KG, Integra LifeSciences Corporation, and Medtronic plc.