Intracranial Pressure Monitoring Devices Market Growth Regions, Trends and Driving Factors by 2022

Global Intracranial Pressure (ICP) Monitoring Devices Market is segmented on the basis of technique as Invasive, and Noninvasive. The segment of invasive technology can be further segmented as External Ventricular Drainage (EVD), and Micro transducer ICP Monitoring. On the other hand, the noninvasive segment can be further segregated as Transcranial Doppler Ultrasonography, Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter, MRI/CT, and Fundoscopy.

Intracranial pressure (ICP) monitoring makes use of an instrument that is positioned inside the head. The monitor discerns and distinguishes the pressure level inside the skull and then transmits the resultant measurements to a recording device. The main objective behind designing intracranial pressure monitoring devices was to administer the cerebral perfusion pressure (CPP) that is the pressure differential across the arteriovenous bed in the brain.

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These devices are extensively employed in numerous neurological, neurosurgical and medical conditions in order to enhance the patient outcome. The most widespread utilization of the device has been observed in the treatment of the patients with traumatic brain injury. The device plays a significant role as a robust predictor of cerebral perfusion, plus it can assist in directing the therapy and predicting long-term prognosis. After constant studies, it has been concluded that Intraventricular catheters is the only gold standard for ICP monitoring, because they are considered as the most consistent, precise and cost-effective in nature. Besides that, they facilitate therapeutic cerebrospinal fluid drainage.

The studies have shown that if there is a high intracranial pressure, both the nervous system and blood vessel tissues may get under pressure. If proper treatment is not taken, it can give rise to long-term damage. Moreover, in a few cases, it has proved to be life threatening. Rising awareness among masses regarding the use of the product, augmented prerequisite, high adoption by medical sectors, developed healthcare infrastructure, rise in the industrialization, and increasing occurrence of neurological disorders are some of the prime factors that are contributing largely in the growth of the market.

It has been anticipated that the Intracranial Pressure (ICP) Monitoring Devices Market will witness the highest CAGR in the near future, due to widening scope and applications across the globe. Intracranial Pressure (ICP) Monitoring Devices Market is segmented on the basis of application as Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, and Others. Intracranial Pressure (ICP) Monitoring Devices Market is segmented on the basis of geographical region as North America, Asia Pacific, Europe, Latin America and Middle East Africa.

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As far as the geographical region is concerned, North America is lately deemed as the dominant region, the reason being developed healthcare infrastructure, huge acceptance for sophisticated ICP monitoring devices, and existence of large patient pool. Besides, rising frequency of varied neurological disorders is also boosting the overall demand for ICP monitoring systems in the particular region. On the contrast, Asia Pacific is also displaying a robust growth, owing to huge population suffering from brain disorders, implementation of initiatives taken up by the governments, and existence of numerous well-established hospitals and critical care centers in the region. It is likely that the region will come up as the fastest growing region across the globe.

The key players operating in the Intracranial Pressure (ICP) Monitoring Devices Market include Orsan Medical Technologies, Spiegelberg GmbH & Co. KG., Medtronic plc, Integra LifeSciences Holdings Corporation, Codman & Shurtleff, Inc, RAUMEDIC AG, Vittamed, and Sophysa Ltd.