Europe Traumatic Brain Injury Diagnostics Equipment Market
The Europe traumatic brain injury diagnostics equipment market was valued at US$ 1,204.03 million in 2022 and is expected to reach US$ 2,976.48 million by 2030; it is estimated to register a CAGR of 12.0% from 2022 to 2030.
The main hurdle for the recovery of TBI is that it is often left undiagnosed or misdiagnosed. In the past, concussions and TBIs were diagnosed through diagnostic equipment such as computed tomography (CT) scans and other neurological examinations. However, the use of CT can increase the risk of cancer due to radiation exposure. Therefore, a prompt and accurate brain injury diagnosis is of utmost importance to address mild to severe brain injuries. In October 2023, the Biomedical Advanced Research and Development Authority (BARDA) announced a collaboration with GE Healthcare to develop a novel artificial intelligence (AI)-augmented ultrasound technology in order to promote rapid diagnosis of traumatic injuries. Also, BARDA will support GE Healthcare in the development of a portable ultrasound system to enhance disaster preparedness with fast response for trauma care during mass casualty incidents.
Europe holds second largest share for traumatic brain injury diagnostic equipment market. Rising incidences of traumatic brain injuries in EU accelerates demand for innovative diagnostics product to detect injuries is an influential factor responsible for market growth. Among EU, Germany holds largest market share for traumatic brain injury diagnostic equipment market. This is due to presence of top medical device manufacturers in the country and development of innovative products and launching in the global market dominates the market growth for the forecast period. The accelerated demand for advanced diagnostic equipment requires quick and effective diagnosis for TBI patients are the key driving factors behind the market development. However, adverse effects of contrast/medium agent is hampering the market growth.
Strategic insights for the Europe Traumatic Brain Injury Diagnostics Equipment 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.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,204.03 Million |
| Market Size by 2030 | US$ 2,976.48 Million |
| Global CAGR (2022 - 2030) | 12.0% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Techniques
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Traumatic Brain Injury Diagnostics Equipment 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.
The Europe traumatic brain injury diagnostics equipment market is categorized into techniques, device, end user, and country.
Based on techniques, the Europe traumatic brain injury diagnostics equipment market is segmented into non-invasive, invasive, and combination techniques. The invasive segment held the largest Europe traumatic brain injury diagnostics equipment market share in 2022. Furthermore, the non-invasive segment is subcategorized into electroencephalography (EEG), brain–computer interface (BCI), eye tracking and near-infrared spectroscopy (NIRS), magnetic resonance imaging (MRI), magnetoencephalography (MEG), transcranial magnetic stimulation (TMS), cerebral metabolic rate of oxygen (CMRO2), intracranial pressure, and others .Additionally, invasive segment is subsegmented into cerebral perfusion pressure (CPP) and pressure reactivity index (PRx), partial brain tissue oxygen pressure (PbtO2), cerebral microdialysis (CMD), intracranial pressure, and others.
In terms of device, the Europe traumatic brain injury diagnostics equipment market is bifurcated into imaging devices and monitoring devices. The imaging devices segment held a larger Europe traumatic brain injury diagnostics equipment market share in 2022.
By end user, the Europe traumatic brain injury diagnostics equipment market is divided into hospitals and clinics, diagnostic centers, and others. The hospitals and clinics segment held the largest Europe traumatic brain injury diagnostics equipment market share in 2022.
By country, the Europe traumatic brain injury diagnostics equipment market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe traumatic brain injury diagnostics equipment market share in 2022.
GE HealthCare Technologies Inc, Elekta AB, Integra LifeSciences Holdings Corp, Natus Medical Inc, Raumedic AG, Luciole Medical AG, Soterix Medical Inc, Medtronic Plc, Compumedics Ltd, and NeuraSignal Inc are some of the leading companies operating in the Europe traumatic brain injury diagnostics equipment market.
The Europe Traumatic Brain Injury Diagnostics Equipment Market is valued at US$ 1,204.03 Million in 2022, it is projected to reach US$ 2,976.48 Million by 2030.
As per our report Europe Traumatic Brain Injury Diagnostics Equipment Market, the market size is valued at US$ 1,204.03 Million in 2022, projecting it to reach US$ 2,976.48 Million by 2030. This translates to a CAGR of approximately 12.0% during the forecast period.
The Europe Traumatic Brain Injury Diagnostics Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Traumatic Brain Injury Diagnostics Equipment Market report:
The Europe Traumatic Brain Injury Diagnostics Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Traumatic Brain Injury Diagnostics Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Traumatic Brain Injury Diagnostics Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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