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U.S. Intracranial Pressure (ICP) Monitoring Devices Market

Report ID: FBI 5180

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Published Date: Aug-2024

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Format : PDF, Excel

Market Outlook

The U.S. intracranial pressure monitoring devices market is expected to witness significant growth in the forecast period due to the increasing prevalence of neurological disorders and traumatic brain injuries. The rising adoption of minimally invasive procedures and technological advancements in monitoring devices are also driving market growth.

Intracranial Pressure (ICP) Monitoring Devices Market

Largest Region

North America

41% Market Share in 2023

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Market Dynamics

Two major growth drivers in the U.S. intracranial pressure monitoring devices market include the growing geriatric population and the increasing number of road accidents leading to traumatic brain injuries. These factors are expected to propel the demand for intracranial pressure monitoring devices in the healthcare industry.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
On the other hand, two industry restraints include stringent regulatory requirements for product approval and the high cost associated with intracranial pressure monitoring devices. These factors may hinder market growth to some extent in the coming years.

Segment Analysis

The U.S. intracranial pressure monitoring devices market can be segmented based on product type, technique, application, and end-user. The product type segment includes intraventricular and subdural monitors, while the technique segment comprises invasive and non-invasive monitoring. The application segment covers traumatic brain injuries, meningitis, and others. Lastly, the end-user segment includes hospitals, specialty clinics, and ambulatory surgical centers.

Competitive Landscape

Key players operating in the U.S. intracranial pressure monitoring devices market include Codman & Shurtleff, Inc., Medtronic plc, Integra LifeSciences Corporation, and Sophysa. These companies are focusing on product innovations, strategic partnerships, and acquisitions to strengthen their market presence and gain a competitive edge. Increasing investments in research and development activities are also expected to drive market competitiveness among key players.

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Intracranial Pressure (ICP) Monitoring Devices Mar...

RD Code : 24