According to IMARC Group’s latest report, titled “Intracranial Pressure Monitoring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global intracranial pressure monitoring market reached a value of US$ 1.39 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 6.2% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Intracranial pressure (ICP) monitoring is used in the neurology sector to measure the pressure inside the skull. It can be performed using invasive or non-invasive techniques, where invasive procedures involve drilling a hole in the skull through a burr hole or a twist drill technique to insert the device. The device is connected with transducers to send measurements and project cerebrospinal fluid (CSF) waveform. The non-invasive methods include transcranial Doppler, tympanic membrane displacement, optic nerve sheath diameter, magnetic resonance imaging (MRI), and fundoscopy. Health professionals often use ICP monitors, clinical examination, and brain imaging to provide better results.
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Market Trends
The rapid outburst of coronavirus disease (COVID-19) has aggravated the growth of the ICP monitor since it is used to monitor patients undergoing intensive care. The increasing prevalence of traumatic brain injury (TBI), autoimmune, cardiovascular, and sleep disorders has further catalyzed the demand for ICT monitors for early and effective treatment. Furthermore, increasing government expenditures to improve the healthcare infrastructure and critical care centers is expected to bolster the need for these monitors. Several manufacturers are also emphasizing on the development of an ICP monitoring device for point-of-care treatment, which is also anticipated to propel the market growth.
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The report has segmented the market on the basis of product type, technology, monitoring type, application, end-user and geography
Breakup by Product Type:
- Monitors
- Probes
- Catheters and Kits
- Other Accessories
Breakup by Technology:
- Invasive
- External Ventricular Drainage (EVD)
- Microtransducer ICP Monitoring
- Non-invasive
- Transcranial Doppler Ultrasonography
- Tympanic Membrane Displacement
- Optic Nerve Sheath Diameter
- MRI/CT
- Others
Breakup by Monitoring Type:
- Intraventricular
- Intraparenchymal
- Epidural
- Others
Breakup by Application:
- Traumatic Brain Injury
- Intracerebral Hemorrhage
- Meningitis
- Others
Breakup by End-User:
- Hospitals
- Home Care
- Trauma Centers
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being DePuy Synthes (Johnson & Johnson), HeadSense Medical Ltd., Integra Lifesciences Corporation, LINET Ltd., Medtronic plc, Natus Medical Incorporated, Raumedic AG (Rehau), Sophysa, Spiegelberg Gmbh (SHS), etc.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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