Intracranial Pressure Monitoring Device Market

1. Intracranial Pressure Monitoring Device Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast The global Intracranial Pressure Monitoring Device market was valued at USD 549.4 billion in 2020 and is projected to reach USD 897.4 billion by 2028, expanding at a CAGR of 6.8% during the forecast period. Intracranial Pressure Monitoring Device is used in applications such as traumatic brain injury, intracerebral hemorrhage, meningitis, subarachnoid hemorrhage, and other applications. The demand for intracranial pressure monitoring device is driven by the growing awareness about ICP monitoring, rising incidence of neurovascular disorders. Intracranial Pressure (ICP) monitoring is used for determining the pressure inside the brain and cranium, caused by trauma, head surgery, severe brain injury, brain infection, or other diseases. Intracranial Pressure (ICP) monitoring is a function of volume and accordance between every component of intracranial compartment. The skull is a semi rigid box, made of brain, blood, and cerebrospinal fluid (CSF), which are lightly fitted for cresting a mildly positive pressure called as ICP. Intracranial pressure monitoring devices are used for determining the pressure inside the brain and cranium caused by trauma, brain infection, or other diseases. The market in regions such as Asia Pacific and North America is projected to grow, due to increasing research activities along with well-structured health care system. Request Sample link :-https://growthmarketreports.com/request-sample/2458 Market Trends, Drivers, Restraints, and Opportunities In-depth analysis of the global Intracranial Pressure Monitoring Device market Historical, current and projected market size in terms of value (USD million) Potential & niche segments and regions exhibiting promising growth covered Industry drivers, restraints and opportunities covered in the study    

2. Recent industry trends and developments Competitive landscape & strategies of key players Neutral perspective on global Intracranial Pressure Monitoring Device market performance    Market Segment Insights: Based on types, the Intracranial Pressure Monitoring Device market is divided into equipment and service. The equipment segment held 85% value share of the market in 2020. The segment is projected to account for the largest share of the market during the forecast period. In terms of revenue, the equipment and service segments were valued at USD 469.2 Mn and USD 80.2 Mn, respectively, in 2020. Furthermore, the service segment is anticipated to expand at a lucrative CAGR of 6.2% between 2021 and 2028. The Y-o-Y growth of the service segment was improved by 2.73% due to the onset of COVID- 19 pandemic between 2020 and 2021. Enquiry Link :-https://growthmarketreports.com/enquiry-before-buying/2458 Competitive Landscape  Prominent manufacturers operating in Intracranial Pressure Monitoring Device market include Integra LifeSciences, Medtronic, Natus Medical Incorporated, Raumedic, SOPHYSA, Spiegelberg GmbH & Co. KG, B. Braun Melsungen AG, and others. These companies are considered as key manufacturers of Intracranial Pressure Monitoring Device based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.  About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter