Traumatic Brain Injuries Assessment Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theTraumatic Brain Injuries Assessment Market?
The increasing number of sports injuries and road accidents is expected to drive the growth of the traumatic brain injuries assessment market. Sports injuries and road accidents are on the rise due to increased participation in sports and more traffic congestion, along with distracted driving and insufficient safety measures. Traumatic brain injury (TBI) assessments are vital in evaluating head trauma, guiding treatment, and tracking recovery. According to the National Safety Council, sports and recreational injuries increased by 20% in 2021, 12% in 2022, and 2% in 2023. Additionally, in 2023, 1,266 people lost their lives on Australian roads, a 7.3% increase from 2022. Therefore, the rise in sports injuries and road accidents is driving the market for TBI assessments.
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#How Will the CAGR of the Traumatic Brain Injuries Assessment Market Influence Its Overall Growth by 2034?
The traumatic brain injuries assessment market size will grow from $10.8 billion in 2024 to $11.67 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth is attributed to advancements in neuroscience, increased awareness, military conflicts, sports-related injuries, and technological innovations.
The traumatic brain injuries assessment market is expected to grow strongly, reaching $15.71 billion by 2029 with a CAGR of 7.7%. This growth is attributed to an aging population, rising accidents, improved diagnostics, expanding healthcare infrastructure, and growing demand for personalized rehabilitation. Key trends include the adoption of telemedicine, integration of wearable technologies, virtual reality therapy, personalized treatments, and AI-driven diagnostics.
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Which Upcoming Market Trends and Innovations Are Set to Influence theTraumatic Brain Injuries Assessment Market’s Path Forward?
Companies in the traumatic brain injury assessment market are integrating advanced non-invasive brain stimulation (NIBS) technologies with mobile devices to enhance ease of use and gain a competitive edge. In April 2024, Soterix Medical Inc., a US-based medical tech company, launched the MxN-GO EEG system, combining High Definition Transcranial Electrical Stimulation (HD-tES) with EEG. This wire-free system offers portability, precise stimulation, and advanced brain current-flow modeling, improving the accuracy of brain injury assessments.
Who Are the Dominant Market Players Pushing the Boundaries of theTraumatic Brain Injuries Assessment Market?
Major companies operating in the traumatic brain injuries assessment market are Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Inc., Koninklijke Philips NV, Stryker Corporation, GE Healthcare Inc., Baxter International Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Canon Medical Systems Corporation, Bruker Corporation, Carestream Health Inc., Nihon Kohden Corp, Integra Lifesciences Corporation, Natus Medical Inc., Raumedic AG, Compumedics Limited, HALO Precision Diagnostics, NanoDx Inc., BrainScope Company Inc., Advanced Brain Monitoring Inc., Neuexcell Therapeutics, InfraScan Inc
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What Are the Core Segments of the Traumatic Brain Injuries Assessment Market, and How Do They Contribute to Growth?
The traumatic brain injuries assessment market covered in this report is segmented –
1) By Product: Screening Devices, Monitoring Devices
2) By Technique: Intracranial Pressure (ICP) Monitoring, Partial Pressure Of Oxygen In Brain Tissue (pBrO2)
3) By End-User: Hospital, Diagnostics Center, Other End Users
Subsegments:
1) By Screening Devices: CT Scanners, MRI Scanners, Portable Screening Devices
2) By Monitoring Devices: Intracranial Pressure (ICP) Monitors, Electroencephalogram (EEG) Monitors, Neuromonitoring Systems
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What Regions Are Dominating the Traumatic Brain Injuries Assessment Market Growth?
North America was the largest region in the traumatic brain injuries assessment market in 2023. The regions covered in the traumatic brain injuries assessment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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