Globally, North America is dominating the Global Intra-Cranial Pressure Monitor Market. Furthermore, factors such as extensive demand and uptake of technologically advanced monitoring devices in medical, increasing public & private organizations’ support for R&D activities and high healthcare expenditures substantiate the market growth include. With the growing prevalence of neurological disorders, the North American ICP monitor market is expected to evaluate phenomenally by 2022.

The European region is another lucrative market for ICP monitors. Increasing focus on the development of advent monitors alongside rising government support for R&D activities is contributing to the market growth. Also, the increasing numbers of specialty services offered by various healthcare providers foster the growth of the market in Europe.

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The Asia Pacific region is rapidly emerging as a promising market for ICP monitor, growing rapidly. Increasing incidents of neurological disorders are fuelling the market growth. Moreover, factors such as the augmenting demand for quality equipment and proliferating healthcare technology are projected to provide impetus to the market growth, leading to the increasing the uptake of ICP monitors.

Intra-cranial Pressure (ICP) Monitor Market - Sketch

Global Intra-cranial Pressure (ICP) Monitor market, although in its embryonic stage, is still witnessing an outstanding growth over the past couple of years. This growth attributes to the ability of these monitors in the field of neurosurgery in processes such as the external ventricular draining, CSF circulation, and CSF functions among others.

Furthermore, traumatic brain injuries and diseases that are impacting the brain health such as intra-cerebral hemorrhage, meningitis, and neurological damages among others are fostering the market growth to an extent. The neurology sector has been witnessing the emergence of many advent devices over the past few years which is increasing the market size with the huge demand for ICP monitors, increasing applications of these monitors. Resultantly, the ICP monitor market is escalating on the global platform.

Acknowledging the traction, this market is vibrating with currently; Market Research Future (MRFR) in its recently published study report giving asserts that the global intra-cranial pressure monitor market gaining further prominence will register a spectacular growth by 2022, growing at an impressive CAGR during the review period (2016 – 2022).

Additional factors substantiating the market growth include increasing government funding and programs primarily in the developing regions to support the R&D activities undertaken to bring more advancements and inventions in these monitors. Technological advancements in the field of telehealth, telemetric monitoring, and in smart and connected devices along with penetration of ubiquitous technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) are fostering the market growth of ICP monitors.

Furthermore, factors such as the increasing prevalence of neurological diseases and disorders of the nervous system such as Schizophrenia, Parkinson’s disease, and Cerebral Palsy alongside the changing lifestyle led by the growing urbanization and industrialization are fostering the market growth.

Key Players for Global Intra-cranial Pressure (ICP) Monitor Market

Some of the eminent leaders of the market include Compumedics Limited (Australia), Covidien Plc. (Ireland), Natus Medical Incorporated (US), Codman & Shurtleff, Inc. (US), Integra LifeSciences Corporation (US), Raumedic (USA), and Vittamed.

Global intra-cranial pressure monitor market appears to be competitive & fragmented owing to the several small & big players accounting for a substantial market share. Through strategic initiatives such as partnership, acquisition, collaboration, expansion, product & technology launch, these players try to gain the competitive advantage in the market.


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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

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