The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The brachial plexus injury market size has grown rapidly in recent years, increasing from $5.1 billion in 2023 to $5.73 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. This growth can be attributed to the increasing incidence of trauma from road accidents and sports injuries, heightened awareness and early diagnosis of brachial plexus injuries, improvements in healthcare infrastructure, a rising geriatric population prone to neurological conditions, expanded healthcare insurance coverage for complex surgeries, and regulatory approvals for new treatment options. The market is expected to continue its rapid expansion, reaching $9.22 billion by 2028 at a CAGR of 12.6%. This anticipated growth is driven by an aging population requiring more nerve repair solutions, advanced imaging techniques for accurate diagnosis, the adoption of minimally invasive surgical procedures, investments in R&D for biologics and tissue engineering, increasing healthcare expenditure in developing economies, and collaborations between medical device companies and research institutions. Key trends in the forecast period include the use of robotic-assisted surgery for precise nerve reconstruction, growth in telemedicine and virtual consultations for post-operative care, development of bioresorbable materials for nerve conduits, integration of artificial intelligence for personalized treatment plans, expansion of outpatient surgical centers for quicker recovery, emphasis on patient-reported outcomes and quality of life improvements, and a shift towards personalized medicine and tailored rehabilitation programs.

An increase in the number of road accidents is expected to propel the growth of the brachial plexus injury market going forward. The increased vehicle usage and inadequate enforcement of traffic laws exacerbate risks associated with speeding and driver negligence, leading to a rise in road accident cases. Brachial plexus injury treatment in road accidents typically involves a combination of surgical interventions, such as nerve grafting or nerve transfer procedures, alongside rehabilitative therapies to restore function and mobility to the affected limb. For instance, in January 2024, according to a report published by The Road Safety Authority, an Ireland-based state government agency, as per preliminary traffic collision data, the number of road deaths in 2023 increased by 19% compared to 2022. Therefore, an increase in the number of road accidents is driving the brachial plexus injury market.

Get A Free Sample On The Brachial Plexus Injury Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18268&type=smp

What Are The Key Trends That Influence Brachial Plexus Injury Market Share Analysis?
Major companies operating in the brachial plexus injury market are developing advanced medical therapies, such as long-acting local analgesics, to enhance pain management. Long-acting local analgesics are pivotal in managing pain in brachial plexus injuries, offering sustained relief via nerve blocks or local infiltration techniques, thus improving patient comfort, supporting rehabilitation, and minimizing systemic side effects associated with traditional pain medications. For instance, in March 2021, Pacira BioSciences Inc., a US-based specialty pharmaceutical company, received FDA approval to expand the label for its non-opioid pain medication EXPAREL (bupivacaine liposome injectable suspension. It contains two additional nerve block indications, such as Adductor canal block, which is used in adult patients to provide regional analgesia for lower extremity treatments, and Sciatic nerve block in the popliteal fossa of adult patients to provide regional analgesia during lower extremity surgeries. The supplemental new drug application (sNDA) is based on two successful Phase 3 studies in which EXPAREL achieved statistically significant and clinically meaningful reductions in postsurgical pain and opioid consumption over 96 hours when compared to bupivacaine HCl after lower extremity surgical procedures such as bunionectomy and total knee arthroplasty.

How Is The Global Brachial Plexus Injury Market Segmented?
1) By Type: Avulsion; Rupture; Neurapraxia; Axonotmesis; Neurotmesis; Neuroma
2) By Diagnosis: Clinical Examination; Electrodiagnostic; Imaging Studies
3) By Treatment: Therapy; Surgery
4) By Indication: Trauma; Inflammation; Contact Sports; Tumors; Radiation Treatment; Other Indications

Read The Full Brachial Plexus Injury Market Report Here:
https://www.thebusinessresearchcompany.com/report/brachial-plexus-injury-global-market-report

The Brachial Plexus Injury Global Market Report 2024 provides an overview of the brachial plexus injury market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The brachial plexus injury market forecast analyzes brachial plexus injury market size, brachial plexus injury market share, leading competitor and their market positions.

The Table Of Content For The Brachial Plexus Injury Market Include:
Explore Similar Reports From The Business Research Company:
Acute Spinal Cord Injury Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/acute-spinal-cord-injury-global-market-report

Brain And Neuroimaging Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/brain-and-neuroimaging-devices-global-market-report

Brain Monitoring Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/brain-monitoring-global-market-report

Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: