Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.4 Billion | USD 35.4 Billion | 8.7% | 2024 |
FrequentlyAsked Questions
A non invasive brain trauma monitoring device is defined as a device that checks the brain health without going through the skull or brain tissue. These devices enable neurologists and other clinicians to assess the severity of the brain injury, monitor its recovery, and prevent further damage.
The non invasive brain trauma monitoring device market expansion is mainly driven by several variables such as the growing incidence of TBIs, the shift towards non-invasive diagnostics, innovation in technology, and growing healthcare infrastructure and funding.
According to the report, the global non invasive brain trauma monitoring device market size was worth around USD 15.4 billion in 2024 and is predicted to grow to around USD 35.4 billion by 2034.
The global non invasive brain trauma monitoring device market is expected to grow at a CAGR of 8.7% during the forecast period.
The global non invasive brain trauma monitoring device market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the developed healthcare infrastructure and the presence of major key players in the area.
The global non invasive brain trauma monitoring device market is dominated by players like Cadwell Industries, Inc., Advanced Brain Monitoring, Inc., Canon Medical Systems Corporation, Compumedics Ltd., Magstim EGI, General Electric Company, Hitachi, Ltd., Koninklijke Philips N.V., Medtronic, Natus Medical Incorporated, NeuroLogica Corp., NeuroWave Systems, Inc., Nihon Kohden Corporation, Noraxon USA, RAUMEDIC AG, Sense Neuro, Siemens, Sophysa, and Spiegelberg GmbH & Co. KG, among others.
The non invasive brain trauma monitoring device market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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