The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The worldwide intracranial pressure (ICP) monitoring devices market is anticipated to rise from $1.46 billion in 2022 to $1.57 billion in 2023, with a 7.4% CAGR. The market’s size is projected to reach $2.01 billion in 2027, growing at a 6.4% CAGR.

North America held the largest intracranial pressure (ICP) monitoring devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Intracranial Pressure (ICP) Monitoring Devices Market Driver
The rising incidence of traumatic brain injuries (TBI) is set to drive the intracranial pressure (ICP) monitoring devices market. TBI involves brain injury from external force. Factors such as motor vehicle accidents, sports injuries, and physical assaults fuel TBI cases. ICP monitoring devices are pivotal in TBI management by providing real-time skull pressure information. The Brain Injury Association of America (BIAA) estimated that 2.8 million Americans experience TBI annually, with approximately 280,000 requiring hospitalization. Furthermore, a brain injury occurs in the U.S. every nine seconds, leading to over 3.5 million annual injuries, including about 50,000 fatalities, resulting in around 155 TBI-related daily deaths. Consequently, the growing TBI cases will stimulate the ICP monitoring devices market’s growth.

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Prominent Intracranial Pressure (ICP) Monitoring Devices Market Trend
Strategic partnerships are a prominent trend in the intracranial pressure (ICP) monitoring devices market. Leading companies in this market seek partnerships to enhance their market position. For example, in November 2022, the Sweden-based medical technology company IRRAS partnered with the US-based medical device company Medtronic, granting Medtronic exclusive rights to promote the IRRAflow system in specific U.S. territories. Additionally, in November 2022, the US-based EMOTIV, specializing in electroencephalography (EEG), joined forces with the Israel-based biotechnology company X-trodes, which offers wireless medical-grade monitoring solutions. This partnership aims to introduce a new medical-grade, at-home brain monitoring research solution.

Intracranial Pressure (ICP) Monitoring Devices Market Prominent Players
Major players in the intracranial pressure (ICP) monitoring devices market are Medtronic plc, Integra LifeSciences Holding Corporation, Natus Medical Inc., Haiying Medical, Raumedic AG, Sophysa Ltd., Ad-Tech Medical Instrument Corp., Third Eye Diagnostics, Boston Neurosciences Inc., DePuy Synthes, Codman & Shurtleff Inc., NeuroWave Systems Inc., Branchpoint Technologies Inc., Cerebrotech Medical Systems Inc., Deltex Medical Group plc, Gaeltec Devices Ltd., Infrascan Inc., NeuroDx Development, NeuroVent Research Inc., Noninvasix, Vivonics Inc., Neural Analytics, Spiegelberg GmbH and Co. KG, HeadSense Medical Ltd., Moberg ICU Solutions, Nisonic AS, Vittamed Corporation, Cerebral Assessment Systems Inc., and Orsan Medical Technologies Ltd.

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Key Intracranial Pressure (ICP) Monitoring Devices Market Segments
The global intracranial pressure (ICP) monitoring devices market is segmented –
1) By Technique: Invasive, Non-Invasive
2) By Application: Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, Cerebrospinal Fluid (CSF) Management, Migraine, Stroke, Hydrocephalus, Electroencephalogram (EEG), Other Applications
3) By End User: Hospitals, Ambulatory Care And Clinics, Other End-users

The Intracranial Pressure (ICP) Monitoring Devices Global Market Report 2023  provides a comprehensive overview on the intracranial pressure (ICP) monitoring devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the intracranial pressure (ICP) monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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