Rising awareness about
neurodegenerative diseases is expected to propel the growth of intracranial
pressure monitoring devices market
Regional segmentation of Intracranial
Pressure Monitoring Devices Market by Coherent Market Insights comprises of
North America, Latin America, Europe, Africa, Asia Pacific, and The Middle
East. According to Centers for Disease Control and Prevention (CDC) in U.S,
there are around 2 to 3 million Traumatic Brain Injury (TBI) cases registered every year, that eventually lead
to the more usage of intracranial pressure monitors in North America. Hence the
rising number of patients with such diseases and increase in the usage of
intracranial pressure monitoring devices are the factors that leads to
domination of North America in intracranial pressure monitoring devices market.
Rising government initiatives to generate the awareness about the
neurodegenerative disorders also propelling the growth of intracranial pressure
monitoring devices market.
Intracranial pressure is the
pressure inside the skull that might increase due to rise in pressure of
cerebrospinal fluid or it may be due to rise in pressure within the brain.
Intracranial pressure might arise due to a brain tumor, fluid around the brain
or bleeding into the brain, or swelling within the brain. Increased
intracranial pressure can be observed in hepatic encephalopathy, head trauma,
hydrocephalus, and cerebral edema. Elevated intracranial pressure can lead to
death in neurosurgical patients or it may cause cerebral ischemia. To avoid
this circumstance, rapid recognition and monitoring of elevated intracranial
pressure is important. Elevated intracranial pressure can be measured,
either clinically or quantitatively.
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Growing population with the
neurological disorders globally is certainly driving the intracranial pressure
monitoring devices market
A Number of neurological
disorders and traumatic accidents are increasing day by day. According to
the United Nations data of 2007, around
1 billion people, that is, 1 in every 6 of the world’s population suffered from
neurological disorders, epilepsy, Alzheimer’s, strokes, multiple sclerosis and
migraines.. The increasing number of population with neurological disorders is
the major factor that is driving the intracranial pressure monitoring devices
market. Additionally, According to Centers for Disease Control and Prevention,
around 2.5 million cases of traumatic accidents are registered in U.S. that
lead to brain infection, meningitis, and aneurysm globally, results in the
requirement of intracranial pressure monitoring and hence propels the growth of
intracranial pressure monitoring devices. A Large amount of funds have been
invested by the government for the improvement of the healthcare sector,
expected to boost the intracranial pressure monitoring devices market.
However, the high cost of this
monitoring devices and lack of skilled professionals for handling the devices
are the factors which restraints the growth of intracranial pressure
monitoring devices market. Intracranial pressure monitoring devices which are
mostly used today are with certain limitations
hence the development and validation of intracranial pressure monitors that
would measure absolute intracranial pressure is expected to create the
opportunity in intracranial pressure monitoring market.
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Report: https://www.coherentmarketinsights.com/ongoing-insight/intracranial-pressure-monitoring-devices-market-941
External ventricular drainage
segment holds the largest share in the intracranial pressure monitoring devices
market due to its accurate measurement of intracranial pressure
Mergers & acquisitions are
helping the industry players to obtain the maximum share in intracranial pressure
monitoring devices market
Key players operating the
intracranial pressure monitoring devices market includes Codman & Shurtleff Incorporated, Sophysa, Gaeltec Devices
Limited, Integra Lifesciences Co., Raumedic AG, VITTAMED, Orsan Medical
Technologies, Haiying Medical, and others. The industry players had adopted the
strategy of mergers and acquisitions, and partnership to hold the largest share
in the intracranial pressure monitoring devices market.
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