“The Latest Research Report Global Traumatic Brain Injuries Treatment Market By 2023 provides information on Market Size, Analysis, Shares, Forecast, Emerging Technologies and Company Profiles for key Industry Participants – Market Research future”
Pune, India - July 8, 2019 /MarketersMedia/ —
Traumatic Brain Injuries Treatment Market Insights
The global traumatic brain injuries treatment market has expanded remarkably due to the increasing aging population worldwide. Market focused reports associated with the brain injury industry have been available by Market Research Future, states that the market can rise steadily at a CAGR of 5.1% during the forecast period (2018-2023).
Traumatic brain injuries are caused due to severe damage that interrupts the normal function of the brain. A type of jolt or bump causes traumatic brain injury (TBI). Millions of people grieve from brain injuries every year, which is calculated at around 1.7 million, according to the reports. Traumatic brain injuries, if not treated on time can contribute to the substantial number of deaths and permanent disability among people. Nearly, 52,000 people lose their lives every year, due to brain injury caused by a car accident, falls, blunts for trauma, violent assaults, and sporting injuries.
The global traumatic brain injury treatments market is majorly driven by the rising number of road collisions as well as the aging population. Due to these, the diagnosis of traumatic brain injuries has led to growing interests in various research activities to promote advanced treatments for patients suffering. The new pipeline of medicines related to traumatic brain injury is also contributing remarkably to the global traumatic brain injury treatment growth over the forecast period.
Despite these drivers, on the flip side, factors such as the high cost of treatment and the use of monitoring devices may hinder the growth of global traumatic brain injury treatments market during the forecast period.
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Traumatic Brain Injuries Treatment Market Segmentation
The global traumatic brain injuries treatment market has been segmented into treatment types and end-users.
In terms of treatment types, this market segment comprises of immediate emergency care, medications, and surgery. Wherein, medication market has been segmented into diuretics, anti-seizure drugs, coma-inducing drugs, anti-anxiety agent, anti-depressants, anti-psychotics, analgesic, anti-convulsant, and anticoagulants. Based on surgery, the market has been further categorized as removing clotted blood (hematomas), repairing skull fractures, bleeding in the brain, opening a window in the skull, rehabilitation.
In terms of end-users, the market comprises of hospitals, neurologist, rehabilitative center treatment, independent pharmacies, and others.
Traumatic Brain Injuries Treatment Market Regional Outlook
Regionally, the global traumatic brain injuries treatment market has covered the main regions of the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The market for traumatic brain injuries treatment is estimated to lead in the Americas with the increasing rates of road accident in this region. There is also enormous investment by the government in research and development of drug pipeline for the traumatic brain injuries, which has caused a remarkable escalation in demand for traumatic brain injuries treatment market. Health United States Report 2016 stated that 2.8 million people sustain TBI annually, of which 50,000 dies and 282,000 are hospitalized. Apart from this, about 2.5 million, nearly 90% are treated and released from the emergency department. As a result, TBI contributes to 30% injury-related death in the United States.
The progress in the Europe region for the market is expected to be the second largest due to an increasingly aging population as well as the high prevalence of traumatic brain injuries and middle-income countries. They are primarily concentrating on achieving the growing demand for the treatments in this region. According to the data collected by the Journal of Neurosurgery, the inclusive rate of TBI per 100,000 people was highest in Europe, and about 95% of the population agonized from TBI injury due to cases of road traffic collisions.
With the existence of the most populated countries of the world such as China and India, the control of Asia Pacific region in the traumatic brain injuries market, is evident due to a high road traffic collision. Whereas, Southeast Asian and Western Pacific region experiences the highest burden of TBI disease.
Traumatic Brain Injuries Treatment Market Key Companies
The prominent market players who are continually contributing to the global traumatic brain injuries treatment market are Neuren Pharmaceuticals Ltd., Oxygen Biotherapeutics Inc, TEVA Pharmaceutical Industries Ltd, Ischemic, Grace Laboratories LLC. Cognosci, Medicortex, Amarantus BioScience Holdings, Aldagen, NeuroScience Pharmaceuticals, Targacept. BioDirection, Inc., QuesGen Systems, Inc., BrainScope Company, Inc., Neural Analytics, Inc, Oculogica, BrainScope Company, Inc, Silver Creek, Pharmaceuticals Inc, Stemedica Cell Technologies Inc, Banayan Biomarkers Inc, Vasopharm GmbH, Zimmer Biomet.
Table Of Contents:
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 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
....Continued
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