About Traumatic Brain Injuries Treatment
Traumatic brain injury (TBI) is a nondegenerative, noncongenital insult to the brain from an external mechanical force, possibly leading to permanent or temporary impairment of cognitive, physical, and psychosocial functions, with an associated diminished or altered state of consciousness. In treating traumatic brain injury, three main treatment are used such as medication, surgery, and exercise or therapies. Anticonvulsant type of drug used to treat TBI. Many additional drugs like propofol, pentobarbital, and aspirin are also used to treat TBI. Surgery is one of the treatment methods for TBI in which the surgical removal of the affected parts is done, such as the skull. Therapies are also helpful in the treatment of TBI. They are equally important as the medication and surgical treatment methods of TBI.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 7.1% |
Traumatic Brain Injury Treatment is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Traumatic Brain Injuries Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advanced Brain Monitoring Inc. (United States), BioDirection Inc. (United States), BrainScope Inc. (United States), Compumedics Ltd. (Australia), InfraScan Inc. (United States), Integra Lifesciences Corp. (United States), Natus Medical Inc. (United States), Banyan Biomarkers (United States), ImPACT Application (United States) and Oxygen Biotherapeutics Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Grace Laboratories LLC (United States), NanoDx (United States), Medicortex (Finland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Traumatic Brain Injuries Treatment market by Type (Mild TBI, Moderate TBI, Severe TBI, Complicated TBI, Uncomplicated TBI, Nontrumatic TBI and Others) and Region.
On the basis of geography, the market of Traumatic Brain Injuries Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by By Treatment, the sub-segment i.e. Medications will boost the Traumatic Brain Injuries Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Ambulatory Clinics will boost the Traumatic Brain Injuries Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gender, the sub-segment i.e. Male will boost the Traumatic Brain Injuries Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age, the sub-segment i.e. Kids will boost the Traumatic Brain Injuries Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advances in TBI research for improved surveillance and for effective, acute and long-term medical care and rehabilitation.
Market Growth Drivers:
Increasing cases of brain injuries. and Rising number of clinical trials for traumatic brain injuries.
Challenges:
Insufficient access to care, often because of insurance preapproval or reimbursement issues. and Lack of evidence guided therapies for treating TBI.
Restraints:
Lack of tools for precision diagnosis, prognosis, and monitoring.
Opportunities:
Rising number of health awareness campaign and programs
Market Leaders and their expansionary development strategies
In October 2019, BioDirection Inc. announced that the medical device company signed a multi-phased technical collaboration agreement with the coordinator of Centre TBI for the evaluation and development of the company’s proprietary Tbit system. Centre TBI focused European effort, supported by the European Union to advance the care of patients with TBI within the broader international framework of InTBIR.
In July 2022, DARPA, launched research project to revolutionize brain injury diagnosis on the battlefield. The Defense Advanced Research Project Agency (DARPA) is focused on finding new technology that could allow medics to immediately identify intracranial pressure, without conducting invasive diagnostic tests that require a hospital and technical surgical procedures.
Key Target Audience
Traumatic Brain Injury Treatment Provider, Potential Investors, Regulatory Bodies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.