Exploring Key Insights of the Non-Invasive Brain Trauma Monitoring Devices Market: Growth Prospects, Emerging Trends, and Opportunities
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What key factors are powering the surge in the non-invasive brain trauma monitoring devices market right now?
In recent years, there’s been a swift escalation in the market size of non-invasive brain trauma monitoring devices. The market is projected to expand from $8.68 billion in 2024 to an impressive $9.65 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.2%. Factors contributing to this notable growth in the historic period include the application of personalized medicine, emphasis on prolonged monitoring, the widespread use of wearable devices, enhancements in signal sensitivity, and the integration of multimodal monitoring.
How fast Is the non-invasive brain trauma monitoring devices market expected to grow, and what’s its future value?
The market for non-invasive brain trauma monitoring devices is projected to witness rapid expansion in the forthcoming years. The market valuation is set to reach $15.15 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 11.9%. The key drivers of growth during the forecast period are increased awareness and diagnosis, joint research initiatives, the need for enduring monitoring solutions, advancements in signal processing, and progress in remote connectivity. Over the forecast period, key trends such as miniaturizing and wearable devices, sensor technology improvements, emphasis on real-time tracking, remote patient monitoring, and non-invasive imaging techniques are expected to shape the market.
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What are the leading drivers of growth in the non-invasive brain trauma monitoring devices market?
The growing occurrence of neurological conditions and diseases is slated to boost demand for non-invasive brain trauma monitoring equipment. Neurological diseases are a key type of non-communicable conditions (NCDs), impacting individuals’ thoughts, emotions, and behaviors and injuries like brain, spinal cord, and nerve injuries. These non-invasive brain trauma monitoring devices facilitate continuous patient monitoring, enabling doctors to assess patients’ critical status and determine necessary steps to alleviate their trauma severity. For example, the American Cancer Society, an US-based non-profit cancer advocacy group, predicted in January 2024 that new brain cancer cases would go up to 25,400 in 2024 from 24,810 in 2023. Thus, the escalating trend of neurological conditions and diseases is likely to spur the non-invasive brain trauma monitoring device market.
What are the key segments defining the non-invasive brain trauma monitoring devices market?
The non-invasive brain trauma monitoring devices market covered in this report is segmented –
1) By Type: Non-invasive Intracranial Pressure Monitor, Non-invasive Cerebral Edema Dynamic Monitor, Other Types
2) By Application: Cardiology, Urology And Nephrology, Oncology, Gastroenterology, Other Applications
3) By End-User: Hospitals, Neurological Centers, Other End Users
Subsegments:
1) By Non-invasive Intracranial Pressure Monitor: Transcranial Doppler (TCD) Devices, Near-Infrared Spectroscopy (NIRS) Devices
2) By Non-invasive Cerebral Edema Dynamic Monitor: Electrical Impedance Tomography (EIT), Magnetic Resonance Imaging (MRI)-Based Monitors
3) By Other Types: Ultrasound-Based Monitors, Bioelectrical Signal Monitors
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Who are the key players steering the development of the non-invasive brain trauma monitoring devices market?
Major companies operating in the non-invasive brain trauma monitoring devices market are Sophysa Ltd., Spiegelberg GmbH & Co. KG, Natus Medical Inc., Nihon Kohden Corporation, Philips Healthcare, Advanced Brain Monitoring, CAS Medical Systems Inc., Siemens AG, Compumedics Ltd., Medtronic Plc., Integra LifeSciences, Cadwell Industries Inc., Codman & Shurtleff Inc., Covidien PLC., Hitachi Medical Corporation, Koninklijke Philips N.V., NeuroLogica Corp., NeuroWave Systems Inc., Noraxon U.S.A, Sense Neuro Diagnostics, GE Healthcare, BrainScope Company Inc., Cerebrotech Medical Systems Inc., Neural Analytics Inc., Oculogica Inc., Ornim Medical Ltd.
What emerging trends are influencing the growth of the non-invasive brain trauma monitoring devices market?
The emergence of advanced technology is a rising trend observed in the non-invasive brain trauma monitoring device market. Prominent firms involved in the creation of these devices are harnessing new technologies to secure a stronger foothold in the market. For example, in May 2024, Canon Medical Systems, a healthcare technology and medical imaging company from Japan, unveiled its first Aquilion Serve SP CT scanner in the United States which is equipped with INSTINX, an AI-driven workflow automation system. The scanner’s design focuses on boosting imaging capabilities and improving patient care. The INSTINX system is an AI-enhanced tool for automating workflow which betters imaging procedures by enhancing efficiency and precision in clinical settings.
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Which regions are most influential in expanding the non-invasive brain trauma monitoring devices market?
North America was the largest region in the non-invasive brain trauma monitoring devices market share in 2024. The regions covered in the non-invasive brain trauma monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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