Europe Intracranial Pressure Monitoring Devices Market

The intracranial pressure monitoring devices market in Europe is expected to grow from US$ 594.28 million in 2023 to US$ 812.90 million by 2028. It is estimated to register a CAGR of 6.5% from 2023 to 2028.     

Rising Incidence of Traumatic Brain Injuries (TBIs) Fuels Europe Intracranial Pressure Monitoring Devices Market

Traumatic brain injury (TBI) often occurs due to severe sports injuries or road accidents. Four main TBI types exist—concussion, contusion, penetrating injury, and anoxic brain injury. The symptoms of TBI depend on the extent of damage to the brain.

As per the Headway, the brain injury association, the UK reported 356,699 hospital admissions due to brain injury during 2019–2020, a 12% rise from 2005 to 2006. It also mentioned that admissions of males due to head injury were 1.5 times more than the admissions of females during 2019–2020. As per the research study published in June 2021, BG Kliniken chain of hospitals under the direction of the Neurological Clinic of the Ruhr Universität Bochum (RUB) of the BG University Hospital Bergmannsheil, around 270,000 people suffer from a traumatic brain injury every year in Germany. Thus, the rising incidence of traumatic brain injuries fuels the growth of the Europe intracranial pressure (ICP) monitoring devices market.

Europe Intracranial Pressure Monitoring Devices Market Overview

The Europe intracranial pressure (ICP) monitoring devices market is subsegmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. The market growth in this region is associated with the rising number of traumatic brain injuries and an upsurge in the geriatric population. TBI is a leading cause of death and permanent disability in persons with age 29–45. Recent data provided in the German government’s regular health reports reflect current patterns of demographic change, indicating a shift in an epidemiological reality with an increase in the cases of TBIs in elderly persons falling at home. According to the Glasgow Coma Scale (GCS), the incidence of TBIs was 332 per 100,000 inhabitants, including mild brain injuries in 90.9%, severe injuries in 5.2%, and moderate injuries in 3.9%. A fall was a leading cause of injuries accounting for 52.5% of the total, followed by traffic accidents accounting for 26.3%. According to a report by the German Trauma Society, the average age of patients suffering from trauma was 60 years (median; range 0–104 years), and the male-to-female ratio was 2:1. Further, 97.5% of the patients had blunt trauma. Further, road traffic injuries (RTIs) are a pressing public health issue worldwide and one of eight major causes of mortality.

 Europe Intracranial Pressure Monitoring Devices Market Revenue and Forecast to 2028 (US$ Million)

Europe Intracranial Pressure Monitoring Devices Strategic Insights

Strategic insights for the Europe Intracranial Pressure Monitoring Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Intracranial Pressure Monitoring Devices Report Scope

Europe Intracranial Pressure Monitoring Devices Regional Insights

The geographic scope of the Europe Intracranial Pressure Monitoring Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Europe Intracranial Pressure Monitoring Devices Market Segmentation

The Europe intracranial pressure monitoring devices market is segmented into offering, type, application, end user, and country.

Based on offering, the Europe intracranial pressure monitoring devices market is segmented into product & systems, solutions & platform, and services. The products & systems segment held the largest share of the Europe intracranial pressure monitoring devices market in 2023.

Based on type, the Europe intracranial pressure monitoring devices market is segmented into invasive and non-invasive. The invasive segment held a larger share of the Europe intracranial pressure monitoring devices market in 2023. 

Based on applications, the Europe 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 Europe intracranial pressure monitoring devices market in 2023.

Based on end user, the Europe intracranial pressure monitoring devices market is segmented into hospitals, clinics, ambulatory surgical centers, and others. The hospitals segment held the largest share of the Europe intracranial pressure monitoring devices market in 2023. 

Based on country, the Europe intracranial pressure monitoring devices market is segmented into the UK, Germany, Italy, France, Spain, and the Rest of Europe. Germany dominated the Europe intracranial pressure monitoring devices market in 2023.  

RAUMEDIC AG, Sophysa SA, Integra LifeSciences Holdings Corp, Medtronic Plc, Braincare Desenvolvimento e Inovacao Tecnologica SA, NovaSignal Corp, Digitimer Ltd, and Spiegelberg GmbH & Co KG are among the leading companies operating in the intracranial pressure monitoring devices market in Europe.