Traumatic Brain Injury Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Traumatic Brain Injury Market?
The escalating prevalence of road injuries is anticipated to spur the expansion of the traumatic brain injury market in the future. Road injuries encompass any physical damage or harm originating from occurrences on roads, avenues, highways, or other transport tracks. Road mishaps often lead to traumatic brain injuries which could present a host of physical and cognitive obstacles for those involved. Treatment for traumatic brain injuries (TBI) aids patients who have sustained brain injuries from sudden road mishaps, providing better physical recuperation, fewer complications, and improved cognitive functioning. For instance, a report by the U.S. Department of Transportation revealed that in 2022, 42,514 fatalities occurred on U.S. roads, reflecting over a 10% increase compared to 2020. Hence, the growing incidence of road injuries is stimulating the advancement of the traumatic brain injury market. An upturn in sports injuries is also contributing to the growth of the traumatic brain injury market. Sporting injuries are physical traumas or harm experienced during sports, exercising, or athletic pursuits. These injuries often result in traumatic brain injury (TBI) when there is severe impact or jolt to the head or body while participating in sports. There could be several triggers for these injuries, such as hard blows to the head, falls, collisions, and recurrent head impacts. According to 2022 statistics published by National Safety Council, a US-based nonprofit advocating safety, injuries due to exercise and workout implements surged in 2022, increasing to 3,631,970 from 3,231,885 in 2021. This rise in sports injuries is thus fueling the growth of the traumatic brain injury market.
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How Will the Growth Rate of theTraumatic Brain Injury Market Impact Industry Trends by 2034?
The market size for traumatic brain injury has seen significant growth in the past few years. It is projected to expand from $2.72 billion in 2024 to $2.98 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%. The notable growth in the historic period can be credited to advancements in trauma care, rehabilitation therapies, increased awareness of concussions, along with research in military and sports sectors.
The market size for traumatic brain injury is projected to witness robust growth in the coming years, reaching $4.16 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%. The growth expected in this period can be linked to factors such as neuroprotective agents, telemedicine and remote patient monitoring, personalized treatment strategies and research into neuroinflammation. Key trends expected in the forecast period include advancements in neurorehabilitation, strategies for management of mild traumatic brain injuries and concussions, research in biomarkers and imaging, as well as cognitive and emotional support.
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What New Market Trends Are Reshaping theTraumatic Brain Injury Market and Its Opportunities?
Major corporations in the traumatic brain injury marketplace are creating novel treatments and screenings in response to evolving consumer demands, one of which is the VIDAS TBI (GFAP, UCH-L1). There’s an ongoing focus on the development and study of progressive therapies and examinations for traumatic brain injury (TBI), with an aim to enhance results and the living standards of those affected by TBI. For example, in October 2023, bioMérieux, a French firm involved in in vitro diagnostics, unveiled the VIDAS TBI (GFAP, UCH-L1). This is a blood test designed to assist in evaluating patients with mild traumatic brain injury (mTBI), using a unique blend of brain biomarkers: GFAP and UCH-L1. The test provides precise and subjective data which could lead to a decrease in unnecessary head CT scans for mTBI patients and alleviate the overcrowding in Emergency Departments by forecasting the nonexistence of acute intracranial lesions (ICL) post head injury.
Who Are the Leading Market Players Fueling Growth in the Traumatic Brain Injury Market Trend?
Major companies operating in the traumatic brain injury market are Pfizer Inc., Medtronic PLC, Eli Lilly and Company, Stryker Corporation, Elekta AB, Integra LifeSciences Holdings Corp., Natus Medical Inc., Nihon Kohden Corporation, Raumedic AG, Qure.ai, Compumedics Ltd., Synaptive Medical Inc., BrainScope Company Inc., Neuren Pharmaceuticals Limited, SanBio Co. Ltd., Soterix Medical Inc., Inteprod LLC, BioDirection Inc., InfraScan Inc., NanoDx Inc., NeuroTrauma Sciences, Oculogica Inc., PathMaker Neurosystems Inc., Pinteon Therapeutics Inc., Vivonics Inc., Neural Analytics Inc., ReNetX Bio Inc., Sana Health Inc., Abliva AB, QuesGen Systems Inc.
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How is the Global Traumatic Brain Injury Market Segemented?
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
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Which Geographics are Influencing the Growth of 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.
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