The incidence of neurological disorders has increased significantly among the geriatric population across the region. As per the Medical University of South Carolina, about 75% of strokes occur in people aged 65 years and above in the US. As per the World Health Organization, 20-30% of older people in the US suffered severe head injuries in 2021 as result of falls from standing height. As per the CDC, the number of older people aged 65 and above will be 73 million by 2030 in the US, of which 52 million may experience falls, and 12 million are likely to endure severe injuries due to falls. Similarly, the WHO has also estimated that the world's population of people aged 60 years and older will double (2.1 billion) by 2050 from 1 billion in 2020. Thus, the growing geriatric population is likely to provide lucrative opportunities for the intracranial pressure (ICP) monitoring devices market during the forecast period.
The North America intracranial pressure (ICP) monitoring devices market is segmented into the US, Canada, and Mexico. The US held the largest share of the North America intracranial pressure (ICP) monitoring devices market in 2021. This is attributed to increasing incidences of traumatic brain injuries (TBIs), rising geriatric population, growing investments in R&D by market players to evaluate new devices, and high per capita healthcare spending in the US.
North America Intracranial Pressure Monitoring Devices Market Segmentation
The North America intracranial pressure monitoring devices market is segmented into offering, type, application, end user, and country.
Based on offering, the North America intracranial pressure monitoring devices market is segmented into product & systems, solutions & platform, and services. The products and systems segment held the largest share of the North America intracranial pressure monitoring devices market in 2023.
Based on type, the North America intracranial pressure monitoring devices market is segmented into invasive and non-invasive. The invasive segment held a larger share of the North America intracranial pressure monitoring devices market in 2023.
Based on application, the North America 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 North America intracranial pressure monitoring devices market in 2023.
Based on end user, the North America intracranial pressure monitoring devices market is segmented into hospitals, clinics, ambulatory surgical centers, and others. The hospitals segment held the largest share of the North America intracranial pressure monitoring devices market in 2023.
Based on country, the North America intracranial pressure monitoring devices market is segmented into the US, Canada, and Mexico. The US dominated the North America intracranial pressure monitoring devices market in 2023.
Natus Medical Inc, RAUMEDIC AG, Sophysa SA, Integra LifeSciences Holdings Corp, Medtronic Plc, Braincare Desenvolvimento e Inovacao Tecnologica SA, NovaSignal Corp, Digitimer Ltd, and Longeviti Neuro Solutions LLC are among the leading companies operating in the intracranial pressure monitoring devices market in North America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 715.80 Million |
| Market Size by 2028 | US$ 960.14 Million |
| CAGR (2023 - 2028) | 6.0% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2028 |
| Segments Covered |
By Offering
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
1. Natus Medical Inc
2. RAUMEDIC AG
3. Sophysa SA
4. Integra LifeSciences Holdings Corp
5. Medtronic Plc
6. Braincare Desenvolvimento e Inovacao Tecnologica SA
7. NovaSignal Corp
8. Digitimer Ltd
9. Longeviti Neuro Solutions LLC
The North America Intracranial Pressure Monitoring Devices Market is valued at US$ 715.80 Million in 2023, it is projected to reach US$ 960.14 Million by 2028.
As per our report North America Intracranial Pressure Monitoring Devices Market, the market size is valued at US$ 715.80 Million in 2023, projecting it to reach US$ 960.14 Million by 2028. This translates to a CAGR of approximately 6.0% during the forecast period.
The North America Intracranial Pressure Monitoring Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Intracranial Pressure Monitoring Devices Market report:
The North America Intracranial Pressure Monitoring Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Intracranial Pressure Monitoring Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Intracranial Pressure Monitoring Devices Market value chain can benefit from the information contained in a comprehensive market report.
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