Traumatic Brain Injuries (TBI) Treatment Market Trend Analysis, Growth Status, Revenue Expectation to 2030
Market
Highlights:
Traumatic
brain injury (TBI) occurs from a violent blow or head injury that disturb the
normal functioning of the brain. Every year TBI contributes to a substantial
number of death and permanent disability. Elder age population holds the
largest share of global traumatic brain injuries treatment market due to
increasing incidence of road accident and high rate of hospitalization and is
expected to grow staidly during the forecast period. Whereas on the basis of
treatment, medication (drug) segment holds the highest share of this market.
Increasing incidences of road traffic injury and the government initiatives to
fund for traumatic brain injuries project will boost the traumatic brain
injuries treatment market during assessment period.
However,
high cost of treatment and devices may hamper the growth of global traumatic brain injuries treatment market during the forecast period.
The global
traumatic brain injuries treatment market is dominated by many market players.
The key players in the market are engaged in new launches of drug and devices
so as to maintain the strategic collaborations to hold its market position.
Recently the US FDA has approved the blood test to diagnose the traumatic brain
injury.
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Segmentation:
Global
traumatic brain injuries treatment market is further segmented into treatment
types and end-users.
Based
on treatment types the market is segmented into immediate emergency care,
medications, surgery. On basis of medication global traumatic brain injuries
treatment market is further sub-segmented into diuretics, anti-seizure drugs,
coma-inducing drugs, anti-anxiety agent, anti-depressants, anti-psychotics,
analgesic, anti-convulsant and anti-coagulants.
Based
on surgery, TBI market is further sub-segmented into removing clotted blood
(hematomas), repairing skull fractures, bleeding in the brain, opening a window
in the skull, rehabilitation.
On
basis of end-users global TBI market is further segmented into hospitals,
neurologist, rehabilitative center treatment, independent pharmacies and
others.
Regional
Analysis:
The
market in the Americas is expected to dominate the global traumatic brain
injuries treatment market during the forecast period owing to the increasing
incidences of road traffic injuries and increasing hospitalization of geriatric
population due to TBI. Additionally, the growing incidences of road traffic
collision associated with the aging population are anticipated to boost the
growth of the market in this region. Whereas North America holds the highest
share of global traumatic brain injury treatment due to increasing number of
TBI patients and increasing investment by government in research and
development activity on diagnosis management.
The
European market is expected to be the second-largest due to government funding
and support of the healthcare sector coupled with the growing incidence of
elderly patients, increasing incidences of road traffic collision and funding
by the government for traumatic brain injury project. Moreover, the market in
Asia-Pacific is anticipated to be the fastest-growing during the assessment
period owing to growing number of neurological centers and increasing
incidences of road accident. The market in the Middle East & Africa is
likely to account for the smallest share of this market. The market growth in
this region can be attributed to increasing healthcare expenditure and
developing healthcare infrastructure.
Traumatic Brain Injuries (TBI) Treatment
Market Players
·
Neuren Pharmaceuticals Ltd.
·
Oxygen Biotherapeutics Inc
·
Ischemic
·
Grace Laboratories LLC.
·
Cognosci,
·
Medicortex,
·
Amarantus BioScience Holdings,
·
Aldagen,
·
TEVA Pharmaceutical Industries Ltd.,
·
NeuroScience Pharmaceuticals,
·
Targacept,
·
BioDirection
among others are some key companies in the
Traumatic Brain Injuries (TBI) Treatment that are listed by MRFR for market
research.
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Analysis at:
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