Rising Incidence of Traumatic Brain Injuries (TBIs) Fuels Europe Intracranial Pressure Monitoring Devices Market
Traumatic brain injury (TBI) often occurs due to severe sports injuries or road accidents. Four main TBI types exist - concussion, contusion, penetrating injury, and anoxic brain injury. The symptoms of TBI depend on the extent of damage to the brain.As per the Headway, the brain injury association, the UK reported 356,699 hospital admissions due to brain injury during 2019-2020, a 12% rise from 2005 to 2006. It also mentioned that admissions of males due to head injury were 1.5 times more than the admissions of females during 2019-2020. As per the research study published in June 2021, BG Kliniken chain of hospitals under the direction of the Neurological Clinic of the Ruhr Universität Bochum (RUB) of the BG University Hospital Bergmannsheil, around 270,000 people suffer from a traumatic brain injury every year in Germany. Thus, the rising incidence of traumatic brain injuries fuels the growth of the Europe intracranial pressure (ICP) monitoring devices market.
Europe Intracranial Pressure Monitoring Devices Market Overview
The Europe intracranial pressure (ICP) monitoring devices market is subsegmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. The market growth in this region is associated with the rising number of traumatic brain injuries and an upsurge in the geriatric population. TBI is a leading cause of death and permanent disability in persons with age 29-45. Recent data provided in the German government’s regular health reports reflect current patterns of demographic change, indicating a shift in an epidemiological reality with an increase in the cases of TBIs in elderly persons falling at home. According to the Glasgow Coma Scale (GCS), the incidence of TBIs was 332 per 100,000 inhabitants, including mild brain injuries in 90.9%, severe injuries in 5.2%, and moderate injuries in 3.9%. A fall was a leading cause of injuries accounting for 52.5% of the total, followed by traffic accidents accounting for 26.3%. According to a report by the German Trauma Society, the average age of patients suffering from trauma was 60 years (median; range 0-104 years), and the male-to-female ratio was 2:1. Further, 97.5% of the patients had blunt trauma. Further, road traffic injuries (RTIs) are a pressing public health issue worldwide and one of eight major causes of mortality.Exhibit: Europe Intracranial Pressure Monitoring Devices Market Revenue and Forecast to 2028 (US$ Million)
Europe Intracranial Pressure Monitoring Devices Market Segmentation
The Europe intracranial pressure monitoring devices market is segmented into offering, type, application, end user, and country.Based on offering, the Europe intracranial pressure monitoring devices market is segmented into product & systems, solutions & platform, and services. The products & systems segment held the largest share of the Europe intracranial pressure monitoring devices market in 2023.
Based on type, the Europe intracranial pressure monitoring devices market is segmented into invasive and non-invasive. The invasive segment held a larger share of the Europe intracranial pressure monitoring devices market in 2023.
Based on applications, the Europe intracranial pressure monitoring devices market is segmented into traumatic brain injuries, Reye’s syndrome, non-traumatic bleeds, hydrocephalus, space-occupying lesions, cerebral oedema, and others. The traumatic brain injuries segment held the largest share of the Europe intracranial pressure monitoring devices market in 2023.
Based on end user, the Europe intracranial pressure monitoring devices market is segmented into hospitals, clinics, ambulatory surgical centers, and others. The hospitals segment held the largest share of the Europe intracranial pressure monitoring devices market in 2023.
Based on country, the Europe intracranial pressure monitoring devices market is segmented into the UK, Germany, Italy, France, Spain, and the Rest of Europe. Germany dominated the Europe intracranial pressure monitoring devices market in 2023.
RAUMEDIC AG, Sophysa SA, Integra LifeSciences Holdings Corp, Medtronic Plc, Braincare Desenvolvimento e Inovacao Tecnologica SA, NovaSignal Corp, Digitimer Ltd, and Spiegelberg GmbH & Co KG are among the leading companies operating in the intracranial pressure monitoring devices market in Europe.
Table of Contents
Companies Mentioned
- Braincare Desenvolvimento e Inovacao Tecnologica SA
- Digitimer Ltd
- Integra LifeSciences Holdings Corp
- Medtronic Plc
- NovaSignal Corp
- RAUMEDIC AG
- Sophysa SA
- Spiegelberg GmbH & Co KG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 154 |
Published | July 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 594.28 million |
Forecasted Market Value ( USD | $ 812.9 million |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Europe |
No. of Companies Mentioned | 8 |