Market for Intracranial Pressure Monitoring by End-User, Indications, and Region
Intracranial Pressure Monitoring (ICP) Market Overview.
The market for intracranial pressure monitoring (ICP) equipment is estimated to reach USD 3.9 billion in 2027 and to grow by 6.7% CAGR in the forecast period 2022-2027. Intracranial pressure monitoring can be described as a diagnostic process used by a physician to measure a patient’s skull pressure and to treat many neurological conditions, such as stroke and intracranial haemorrhage. And hydrocephalus, traumatic brain injury and bleeding. There are many invasive and non-invasive devices that need to be considered when performing such procedures. For example, the external ventricular drain and subarachnoid screw are becoming widely used invasive devices that insert tubes and screws into the brain after piercing a hole in the skull by surgical procedures. The primary purpose of catheter insertion is to relieve excess hydrocephalus, which eventually breaks out in severe brain conditions by loading on the brain. The market perspective for ICP monitoring devices is important for livestock because of their accuracy in measuring fluid flow and pressure. The growing number of sleep disorders, accident-related brain injuries, and the incidence of meningitis and meningitis are intracranial pressure monitoring (ICP) markets in the period 2022-2027.
“Increasing incidence of neurological conditions in major market managers”
The coming years will provide many lucrative opportunities for ICP monitoring system manufacturers around the world. The industry is consolidating into several key markets. Emerging economies are set to compete with these players.
The market for intracranial pressure monitoring is ready to adopt a CAGR of 6.41% in 2027.
The COVID-19 pandemic had a brief negative impact on the market with monitoring intracranial pressure due to supply chain disruptions, bans on trade in many countries and reduced disease diagnosis. In neurology. The companies conducted studies that looked at the effect of COVID-19 on a patient’s intracranial pressure. For example, in April 2021, the Federal University of São Paulo, in collaboration with Sens4care, launched an observational study to measure the effect of intracranial pressure on individuals with COVID-19.
In the intracranial pressure monitoring market, suppliers are coming up with new technological advances and new technologies for the development of next-generation products. This technological advancement is helping physicians remotely monitor patients who have undergone brain surgery.
The aim of the study in recent years has been to define the size of the market in different regions and countries and to predict values for the next eight years. The report is therefore designed to address the qualitative and quantitative aspects of the industry within each region and country involved in the study. In addition, the report also provides detailed information on key aspects such as drivers and challenges that will determine future market growth.