Intracranial Pressure Monitoring Devices Market Size, Stock Analysis Report and Trends by Product, by Application, by Region and Segment Forecast, 2022



Intracranial pressure monitors market size, share analysis report and trends by product (invasive, non-invasive), by application (traumatic brain injury, intracerebral hemorrhage, meningitis), by region, and segment forecast, 2022-2030

NEW YORK, May 23, 2022 (GLOBE NEWSWIRE) – announces report release “Intracranial Pressure Monitoring Devices Analysis Report, Market Size, Share and Trend Analysis Report by Product, by Application, by Region and Sector Outlook, 2022 – 2030”-

Intracranial pressure monitors market growth trends

The global market size for intracranial pressure monitors is expected to reach US$ 2.9 billion by 2030. The market is expected to expand at a compound annual growth rate of 6.9% from 2022 to 2030. The primary drivers of market growth are the increasing adoption of processes Minimally invasive surgery, high demand for trauma care and technological advances. The COVID-19 pandemic is expected to have a short and medium term impact on the market. According to a research study titled “COVID-19 and Stroke: A Review” published in the journal Elsevier (International Hemorrhagic Stroke Association) (January 2021), up to 36% of hospitalized COVID-19 patients may develop neurological symptoms and there have been several Cases related to ischemic infarction and bleeding.

Additionally, according to this study, 606 adults infected with COVID-19 have been detected to have had brain or nerve related medical problems at some point during their illness, thus, these factors are expected to create profitable opportunities for the market to grow in the near future.

During the forecast period, technological developments are expected to be a critical driver of market growth, for example, in April 2019, at the American Society of Neurological Surgeons 2019 in California, Integra LifeSciences Corporation unveiled its latest surgical solution Codman Specialty.

Certas Plus portfolio expansion, CereLink intracranial pressure monitoring system (ICP), Integra Duo LED surgical headlight and CUSA Clarity Tough Tissue Technology are on display.

Highlights of the Intracranial Pressure Monitoring Devices Market Report:
• By technology, the gas sector accounted for the largest share with 80.9% in 2021. It is expected that the high accuracy of devices and technological advancements will drive the growth of this sector
• Based on application, the TBI segment accounted for the largest share of revenue at 31.6% in 2021. The increasing incidence of TBI worldwide, resulting in a higher need for care for these conditions, requires widespread use of ICP Monitoring devices This is the primary factor responsible for a large proportion of this market segment
• In the Asia Pacific region, the intracranial pressure monitors market is expected to witness a CAGR of 7.7% during the forecast period. Various factors are responsible for the growth of the region, such as the increase in the number of elderly people and the development of healthcare infrastructure, as well as the presence of such a huge patient base in this region.
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