Traumatic Brain Injury Growth Forecast 2025-2034: Trends, Opportunities, and Key Insights You Need to Know
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What Long-Term Growth Rate is Expected for the Traumatic Brain Injury Market Between 2025 and 2034?
In recent times, there has been significant growth in the market for traumatic brain injuries. The market is projected to expand from a value of $2.72 billion in 2024 to approximately $2.98 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%. The notable increase in the historic period can be ascribed to enhancements in trauma care, rehabilitation therapies, concussion awareness, and research in military and sports sectors.
Anticipated to experience substantial expansion in the approaching years, the market size of traumatic brain injury is projected to reach $4.16 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.6%. This predicted growth during the forecast period is largely due to factors such as neuroprotective agents, telemedicine along with remote monitoring, bespoke treatment strategies, and research into neuroinflammation. Emerging trends throughout this forecast period include advancements in neurorehabilitation, management of mild traumatic brain injuries and concussions, research into biomarkers and imaging, and support for cognitive and emotional health.
How Are the key drivers expanding the growth of the Traumatic Brain Injury Market?
The escalating incidence of road accidents has been identified as a primary factor propelling the traumatic brain injury market’s growth. These injuries could be any physical damage caused by accidents on thoroughfares such as highways, lanes, roads and other transit paths. Accidents on these routes often result in traumatic brain injuries, posing numerous physical and cognitive challenges to the affected persons. Treatments for Traumatic Brain Injury (TBI) are aimed at helping patients recover physically, lessen the complications, and augment cognitive functioning who have experienced brain damage due to unexpected road accidents. For instance, a report published by the U.S. Department of Transportation in November 2024, a governmental department in the U.S., stated that there were 42,514 fatalities on the U.S. roads in 2022. This indicates a surge of over 10% in comparison to 2020. Thus, the surge in road injuries can be attributed to the accelerated growth of the traumatic brain injury market. In the traumatic brain injury market, the expanding number of sport-related injuries is also viewed as a significant driver. Any physical damage or trauma experienced during sports, workout, or athletic activities falls under the category of sports injuries. During these activities, any forceful impact or sudden jerk to the head or body can lead to Traumatic Brain Injury (TBI). The sources of these injuries can be diverse, highlighting head blows, falls, collisions, and recurrent head impacts. For instance, the 2022 National Safety Council, a non-profit safety advocate in the U.S., reported a year-on-year increase of 3,631,970 in 2022, up from 3,231,885 in 2021, in injuries from exercising and workout equipment. Consequently, the expanding instances of sport-related injuries are propelling the traumatic brain injury market.
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What Are the Key Firms That Are Driving Transformation in the Traumatic Brain Injury Market?
Major companies operating in the traumatic brain injury market are:
• Pfizer Inc._x000D_
• Medtronic PLC_x000D_
• Eli Lilly and Company_x000D_
• Stryker Corporation_x000D_
• Elekta AB_x000D_
What Current Trends in the Traumatic Brain Injury Market Should Industry Players Pay Attention To?
Leading businesses in the traumatic brain injury market are creating cutting-edge treatment methods and assessments, such as the VIDAS TBI (GFAP, UCH-L1), in response to evolving consumer demands. The industry constantly explores and invents new treatment options and tests for traumatic brain injury (TBI) in an effort to better patient outcomes and improve the quality of life for those impacted by TBI. In October 2023, for example, bioMérieux, a France-based firm engaged in vitro diagnostics, unveiled the VIDAS TBI (GFAP, UCH-L1), a blood analysis used in the evaluation of patients with mild traumatic brain injury (mTBI). This test, reliant on the unique blend of brain biomarkers: GFAP and UCH-L1, provides an accurate and objective approach potentially reducing the number of needless head CT scans done on mTBI patients. It also promises to alleviate Emergency Department (ED) overcrowding by accurately predicting the absence of sudden intracranial lesions (ICL) after a head injury.
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Which Market Segments Are Driving Strategic Growth and Trends in the Traumatic Brain Injury Market?
The traumatic brain injury market covered in this report is segmented –
1) By Device: Computed Tomography, X-Ray, Imaging Devices, Magnetic Resonance Imaging Devices, Monitoring Devices, Other Devices
2) By Technique: Intracranial Pressure (ICP) Monitoring, Partial Pressure Of Oxygen In Brain Tissue (PbrO2)
3) By End-Use: Diagnostic Centers, Hospitals, Other End-Uses
Subsegments:
1) By Computed Tomography: Standard CT Scans, CT Angiography
2) By X-Ray: Skull X-Ray, Cervical X-Ray
3) By Imaging Devices: Ultrasound Imaging, PET Scans
4) By Magnetic Resonance Imaging Devices: Closed MRI, Open MRI
5) By Monitoring Devices: Intracranial Pressure Monitors, EEG Monitors
6) By Other Devices: Neuropsychological Testing Devices, Portable Brain Injury Assessment Devices
What Regions Are Driving Expansion in the Traumatic Brain Injury Market?
North America was the largest region in the traumatic brain injury market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in traumatic brain injury market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Key Parameters Define the Traumatic Brain Injury Market’s Scope?
Traumatic brain injury (TBI) is a type of injury that occurs due to a sudden and external force applied to the head, causing brain damage. The common causes of traumatic brain injuries include falls, automobile accidents, sports-related injuries and violence or military combat incidents. Treating traumatic brain injuries involves a multidisciplinary approach, including medical interventions, rehabilitation and cognitive therapy.
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