Showing posts with label Global Intracranial Pressure Monitors Market. Show all posts
Showing posts with label Global Intracranial Pressure Monitors Market. Show all posts

Thursday, 15 December 2016

With Recent Shift from Invasive to Non-Invasive Technology, Intracranial Pressure Monitors Likely to Witness Mounting Demand

Upswing in Brain injuries Demands Increased Application of Intracranial Pressure Monitors
The increased prevalence of traumatic injuries and strokes has laid the ground for the immense rise of the global intracranial pressure monitors market. The upswing in the cases of brain injuries in children as well as adults has also boosted the demand for intracranial pressure monitoring remarkably across the world. However, the biggest influence on this market, which stood at US$0.94 bn in 2014, has been accredited to the substantial shift from invasive pressure monitors to non-invasive pressure monitors. This trend is expected to have an enduring effect on the dynamics of demand and supply of these monitors.
Transparency Market Research expects this market to rise at a CAGR of 6.30% between 2015 and 2023, with business opportunity reaching US$1.63 bn by the end of 2023. Untapped developing countries are anticipated to present opportunity-rich market for participants in the global market for intracranial pressure monitors.
A significant growth can be witnessed in the demand for intracranial pressure monitors with their increasing application in the detection and management of various cerebrovascular disorders such as meningitis, traumatic brain injury, brain tumor, and intracerebral hemorrhage.
In 2013, the traumatic brain injury segment accounted for the biggest share in the demand for intracranial pressure monitors. TMR projects this segment to rise at a rapid CAGR of 7.70% between 2015 and 2023. The increase in violence, rising industrial as well as road accidents, and rising number of reports related to head injuries due to sports and recreational activities are the prime reasons behind the growing prevalence of traumatic brain injuries.
Growing Prevalence of Traumatic Injuries Fuels Demand for Intracranial Pressure Monitors in North America
The market for intracranial pressure monitors stretches across North America, Europe, Asia Pacific, and the Rest of the World. North America has surfaced as the biggest contributor to the intracranial monitor consumption since the past few years. The increasing prevalence of neurological disorders and traumatic injuries have amplified the application of these monitors in this region. Additionally, technical advancements in the field of pressure monitoring are expected to influence the sales volume of these monitors considerably in North America over the coming years.
Although North America will remain the leading regional market for intracranial pressure monitors during the forecast period, Asia Pacific will offer the most profitable opportunities to market players, on account of the presence of a large number of untapped markets.
Apart from this, the augmenting incidence of cerebrovascular disorders, fuelled by the increasing base of geriatric population, and the rising expenditure on healthcare, owing to surging disposable income, are also projected to boost the demand for these monitors in the near future. Europe holds the second position in the worldwide intracranial pressure monitors market.
Integra LifeSciences Corp., Medtronic Inc., and Codman & Shurtleff Inc. are leading the global intracranial pressure monitors market. The collective share of these three companies in the overall market is 53.4%. Other prominent manufacturers of intracranial pressure monitors are Haiying Medical, HeadSense Medical Inc., Raumedic AG, Spiegelberg GmbH & Co. KG., and SOPHYSA.
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Wednesday, 5 October 2016

Intracranial Pressure Monitors Market expected to expand at a CAGR of 6.30% during the period from 2015 to 2023

As the global intracranial pressure monitors market undergoes a paradigm shift from invasive to non-invasive devices, manufacturers are facing intense competition, prompting them to focus on technological advancements. Leading players such as Integra LifeSciences Corp., Medtronic Inc., and Codman & Shurtleff Inc. are aggressively integrating advanced technologies in their products. In line with this trend, companies are now racing to introduce next-generation products in the market.
Looking forward, untapped markets in emerging economies are likely to offer lucrative opportunities to participants. Entering into strategic partnerships with local players will help major companies to seize better shares in the market.
Intracranial Pressure Monitors Gain Impetus from Rising Incidence of Traumatic Injuries
“The frenzied lifestyle of people across the world has increased the frequency of traumatic injuries and augmented the prevalence of strokes, thereby escalating the demand for intracranial pressure monitors,” says an analyst at TMR. Cranial injuries and head trauma are mostly caused by road and industrial accidents, which lead to death or permanent disability for hundreds of individuals every year. Elevated intracranial pressure causes around 2 casualties in every 10 cases of head injuries across the world. The increasing reports of brain injuries in adults as well as pediatric patients have also fueled the demand for intracranial pressure monitoring significantly.
Strokes are another prominent factor that has escalated the application of these pressure monitors. Large hemispheric strokes increase the cerebral perfusion pressure and enhance the mean flow velocity of the middle cerebral arteries in the patient, raising the intracranial pressure. The growing prevalence of high blood pressure among people across the world has augmented the frequency of strokes, thereby boosting the demand for intracranial pressure monitors substantially.
Hitherto, the risk associated with the invasive nature of intracranial pressure monitors, such as bacterial infections, hampered their adoption across the world. The reports about cerebrospinal fluid infection, which sometimes leads to fatal consequences, have limited the application of intracranial pressure monitors significantly.
Despite North America’s Claim on Leadership, Asia Pacific to Emerge Prominently
Despite of being hindered by these factors, the global market for intracranial pressure monitors has a bright future ahead of it. TMR expects this market to expand at a CAGR of 6.30% during the period from 2015 to 2023, with market opportunity swelling from US$0.94 bn in 2014 to US$1.63 bn by the end of the forecast period.
Currently, North America holds the largest share in this market and will continue to lead over the next few years. However, the future of this market lies in Asia Pacific. The rapid increase in geriatric population, rising prevalence of cerebrovascular disorders, and escalating healthcare expenditure in this region together are likely to offer rewarding opportunities to participants in the coming years.
This study is based on the findings of a TMR report titled “Intracranial Pressure Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
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Tuesday, 17 May 2016

EVD Segment Leads Global Intracranial Pressure Monitor Market

With the increased prevalence of traumatic brain injuries and hemorrhage, intracranial pressure monitors are undergoing quick and innovative technological advancement in order to establish an effective treatment regimen. Factors such as growing geriatric population, increasing traffic-related accidents, worldwide increase in the number of trauma care centers are driving the growth of the global intracranial pressure monitors. However, infections associated with the invasive nature of intracranial pressure monitors market might pull back the growth of intracranial pressure monitors market
Based on type, the global intracranial pressure monitors market has been segmented into external ventricular drain, fiberoptic monitors, strain gauge transducers, and air pouch devices. The external ventricular drain segment accounted for the largest share of the intracranial pressure monitors market in terms of revenue in 2014. External ventricular drain is extremely easy to operate and affordably priced which contributes towards the large market share of the external ventricular drain market. However, air pouch devices is expected to grow at the highest CAGR during the forecast period as these devices furnish accurate measurements coupled with lowest zero-drift characteristics.
The application segment in the intracranial pressure monitors market has been categorized into traumatic brain injury, intracerebral hemorrhage, meningitis, subarachnoid hemorrhage, and others. Traumatic brain injury was witnessed as the largest segment in terms of revenue in 2014. The dominance of traumatic brain injury was attributed to increasing incidences of sport injuries, and traffic-related accidents. The segment is also expected to expand at the highest CAGR due to rising cases of hospitalization every year related to traumatic brain injury.
Based on end-user, the intracranial pressure monitors market has been categorized into trauma centers and hospitals. Trauma centers held the largest market share in 2014 due to increasing rate of traumatic accident cases coupled with 24x7 availability of specially trained healthcare experts in trauma centers. The segment is also expected to grow at the highest CAGR during the forecast period.
Geographically, North America accounted for the largest share of the global intracranial pressure monitors market in 2014. Factors attributed to the dominant position of North America in intracranial pressure monitors market are growing geriatric population, high prevalence of brain injuries, with acceptance of technologically advanced intracranial pressure monitors. However, Asia Pacific is anticipated to witness the highest growth during the forecast period. Fastest growth rate in this region is anticipated to emerge due to high prevalence of presence of large base of geriatric population, increasing accident rate leading to head injuries, and improving healthcare infrastructure. In addition, easy market penetration and skilled workforce in developing countries of Asia Pacific would further boost the growth of the intracranial pressure monitors market.
The global intracranial pressure monitors market is fragmented due to the presence of numerous established as well as emerging players. The prominent companies operating in the intracranial pressure monitors market are Codman & Shurtleff, Inc., Haiying Medical, HeadSense Medical, Inc., Integra LifeSciences Corporation, Medtronic, Inc., Raumedic AG, SOPHYSA, and Spiegelberg GmbH & Co. KG.
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Sunday, 13 December 2015

Traumatic Brain Injury Segment to Lead Global Intracranial Pressure Monitors Market

The latest report, titled “Intracranial Pressure Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, from Transparency Market Research (TMR) delivers a 360-degree view of the market.According to this report, the global intracranial pressure monitors market will progress at a 6.40% CAGR during the forecast period from 2015 to 2023. In 2014, the global intracranial pressure monitors market was estimated at US$210.5 mn and by 2023, the market will be worth US$350.5 mn.
Browse the full Intracranial Pressure Monitors Market (Type: External Ventricular Drain, Fiberoptic Monitors, Strain Gauge Transducers, and Air Pouch Devices; Application: Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, and Others; End-user: Trauma Centers and Hospitals) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 report at http://www.transparencymarketresearch.com/intracranial-pressure-monitors-market.html
Intracranial pressure monitors are medical devices supporting the measurement of the pressure inside the skull during critical care. The global intracranial pressure monitors market is driven by the sustained rise in the incidence of traumatic injuries. Furthermore, the elevated health care expenditure worldwide, along with the rising occurrence of stroke incidents globally, will drive the global intracranial pressure monitors market. On the other hand, infections arising from the invasive nature of intracranial pressure monitors will challenge the global intracranial pressure monitors market’s growth.
By type, the global intracranial pressure monitors market is segmented into air pouch devices, strain gauge transducers, fiberoptic monitors, and external ventricular drain (EVD). The EVD segment held the largest share (more than 35%) in the global intracranial pressure monitors market in 2014. EVDs are easy to use and extremely affordable, driving their demand in the market. Furthermore, EVD can be re-zeroed during any point of time, further driving their popularity among consumers. On the other hand, the air pouch devices segment will enjoy the highest CAGR during the forecast period due to the low zero-drift features offered by air pouch devices.
Application-wise, the global intracranial pressure monitors market is divided into subarachnoid hemorrhage, meningitis, intracerebral hemorrhage, traumatic brain injury, and others. The traumatic brain injury segment held the largest share in the global intracranial pressure monitors market in 2014. Factors such as the rising incidence of traffic-related accidents, violence, and sports injuries are fuelling this segment. On the basis of end use, the global intracranial pressure monitors market is segmented into hospitals and trauma centers. The trauma centers segment led the global intracranial pressure monitors market in 2014 due to the round-the-clock availability of trained healthcare providers and growing number of critically ill patients.
Region-wise, the global intracranial pressure monitors market is classified into Asia Pacific, Europe, North America, and Rest of the World (RoW). North America held more than 50% of the global intracranial pressure monitors market. The North America intracranial pressure monitors market benefits from the elevated awareness of consumers, improved healthcare infrastructure, and high acceptance of advanced monitoring equipment.
Players in the global intracranial pressure monitors market will benefit from the shift from invasive to non-invasive monitoring devices. Emerging economies also offer good sustained growth opportunities to companies. Some of the key players operating in the global intracranial pressure monitors market are Spiegelberg, Raumedic, Medtronic, Integra LifeSciences, HeadSense Medical, Haying Medical, and Codman & Shurtleff.
Key Segments of the Global Intracranial Pressure Monitors Market
Intracranial Pressure Monitors Market, by Type
  • External Ventricular Drain
  • Fiberoptic Monitors
  • Strain Gauge Transducers
  • Air Pouch Devices
Intracranial Pressure Monitors Market, by Application
  • Traumatic Brain Injury
  • Intracerebral Hemorrhage
  • Meningitis
  • Subarachnoid Hemorrhage
  • Others
Intracranial Pressure Monitors Market, by End-user
  • Trauma Centers
  • Hospitals
Intracranial Pressure Monitors Market, by Geography
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)
About Us:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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Wednesday, 2 December 2015

Intracranial Pressure Monitors Market Expected to Reach USD 350.5 Million Globally in 2023

Cerebral monitoring is utilized for managing severe head injuries in human beings. In addition, it is also utilized in the treatment of stroke, subarachnoid hemorrhage, meningitis, hepatic failure, and intracerebral hematoma, and during carotid artery surgery and after neurosurgery. Owing to the rising occurrence of traumatic brain hemorrhages and injuries, intracranial pressure (ICP) monitors are experiencing rapid and cutting-edge technological advancements so that they may establish an efficient treatment regimen. Factors such as the rising number of accidents caused by traffic, the rising geriatric population, and the global expansion of trauma care centers are fuelling the market for intracranial pressure monitors.
There are mainly three types of ICP monitors. TMR, a market intelligence company, elaborates upon these three devices in terms of their placement, functions, uses, and limitations.
• Intraventricular Catheters: This is the gold standard utilized for measuring the intracranial pressure. An intraventricular catheter is inserted via a right frontal burr hole to the inside of the lateral ventricle. Placement of the intraventricular catheter becomes difficult in case of a compression or displacement of the ventricle. Intraventricular catheters are utilized for the removal of cerebrospinal fluid and for administering drugs such as antibiotics and is attached to either a transducer or a saline manometer. The utilization of intraventricular catheters becomes complicated with any type of infections, but these blockages can be fixed by flushing the entire system and using catheters containing antibiotics.
• Intraparenchymal Monitors: These monitors are inserted in the brain by a small burr hole with a 4mm screw and are considered to be as efficient as intraventricular catheters. These monitors are accompanied by decreased rates of hemorrhages and infections. These are especially useful at times when ventricles are not accessible owing to compression due to raised intracranial pressure. Some of the limitations of intraparenchymal monitors are their inability to be recalibrated, the fact that therapeutic CSF drainage isn’t possible with them, and they are subject to drift if utilized for long periods of time.
• Subdural Pressure Transducers: These are extremely simple to place and are the least invasive type of devices. For placing subdural pressure transducers, the dura has to be pierced and the hollow device gets filled up with cerebrospinal fluid. During this filling, the pressure equalizes and the closed tubing filled with fluid passes the pressure into the transducer. With the usage of subdural pressure transducers, the rates of hemorrhages and infections have fallen, but this device isn’t as efficient as intraventricular catheters and intraparenchymal monitors. There can be a number of complications caused by the debris’ misplacement and occlusion. In addition, the removal of cerebrospinal fluid with this device is not possible.
The prominent players operating in the market for intracranial pressure monitors include Haiying Medical, Codman & Shurtleff, Inc., HeadSense Medical, Inc., Medtronic, Inc., Integra LifeSciences Corporation, Spiegelberg GmbH & Co. KG, and Raumedic AG, SOPHYSA, among others.
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Tuesday, 15 September 2015

Intracranial Pressure Monitors Market Expected to Reach USD 350.5 Million Globally in 2023

According to a new market report published by Transparency Market Research “Intracranial Pressure Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the global intracranial pressure monitors market was valued at USD 210.5 million in 2014 and is projected to expand at a CAGR of 6.4% from 2015 to 2023 to reach USD 350.5 million in 2023.
Intracranial pressure monitors are medical devices used to measure the pressure inside the skull under critical care. Factors such as increasing incidence of neurological and cerebrovascular disorders, coupled with growing awareness regarding the application of intracranial pressure monitors have fueled the growth of the intracranial pressure monitors market. Increasing incidence of traumatic head injuries worldwide is another factor likely to drive the growth of the intracranial pressure monitors market during the forecast period from 2015 to 2023.
Among the product variants available in the market, the external ventricular drain (EVD) segment accounted for the largest share (over 35%) of the intracranial pressure monitors market in 2014, as these devices are extremely affordable, and easy-to-use. In addition, the transducer of EVD can be re-zeroed at any point of time, driving the demand for these devices. However, the air pouch devices are anticipated to expand at the fastest CAGR due to the accurate measurements and the lowest zero-drift characteristics offered by these devices. In addition, increasing rate of traumatic brain injuries demands greater technological advancement and accuracy, which contributes towards the high growth rate of the air pouch devices market.
Based on application, the traumatic brain injury segment held the largest share of the market in 2014 due to increasing incidence of violence, traffic-related accidents, and sport injuries. The segment is also anticipated to grow at the highest CAGR due to technologically advanced diagnostic platform offered by intracranial pressure monitors. Similarly, based on end-user, the trauma centers segment held the largest market share in the global intracranial pressure monitors market. Round the clock availability of specially trained health care experts and increasing number of critically ill patients is driving the growth of trauma centers market segment. The segment is also expected to progress at the fastest CAGR in order to cater to the demands of severely injured patients for better quality outcomes.
In terms of regional market analysis, North America accounted for the largest share (over 50%) of the global intracranial pressure monitors market in 2014. High awareness, well developed healthcare infrastructure, and high acceptance of technologically advanced monitoring equipment are contributing towards North America’s relatively higher market share compared to Europe, Asia Pacific, and RoW. However, countries in Asia Pacific such as Japan, South Korea, Australia, Malaysia, India, and China are witnessing remarkable growth. Large number of population suffering from cerebrovascular diseases such as traumatic brain injury, intracerebral hemorrhage, and subarachnoid hemorrhage, coupled with easy market penetration in developing countries would augment the growth of the intracranial pressure monitors market in Asia Pacific.
The global intracranial pressure monitors market exhibits intense competition among the existing players. The market is fragmented, characterized by the presence of both established as well as emerging companies. Major players operating in the intracranial pressure monitors market are Codman & Shurtleff, Inc., Haiying Medical, HeadSense Medical, Inc., Integra LifeSciences Corporation, Medtronic, Inc., Raumedic AG, SOPHYSA, and Spiegelberg GmbH & Co. KG. 

Browse the full Intracranial Pressure Monitors Market (Type: External Ventricular Drain, Fiberoptic Monitors, Strain Gauge Transducers, and Air Pouch Devices; Application: Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, and Others; End-user: Trauma Centers and Hospitals) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 report at http://www.transparencymarketresearch.com/intracranial-pressure-monitors-market.html
The global intracranial pressure monitors market has been segmented as follows:
Intracranial Pressure Monitors Market, by Type
  • External Ventricular Drain
  • Fiberoptic Monitors
  • Strain Gauge Transducers
  • Air Pouch Devices
Intracranial Pressure Monitors Market, by Application
  • Traumatic Brain Injury
  • Intracerebral Hemorrhage
  • Meningitis
  • Subarachnoid Hemorrhage
  • Others
Intracranial Pressure Monitors Market, by End-user
  • Trauma Centers
  • Hospitals
Intracranial Pressure Monitors Market, by Geography
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)
About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations. 
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