Global Intracranial Pressure Monitoring Market 2016-2020
ICP monitoring is used to measure the pressure within the skull of an individual with severe head injuries to decide the type of treatment required and to track the progression of the condition during treatment. It is a vital for individuals who are under critical care in hospitals. ICP monitoring is indicated in most comatose individuals with severe head injuries. It should be used to treat an individual whose blood pressure level is above 20 mm Hg. The maintenance of cerebral perfusion pressure (CPP) is essential, and the use of ICP monitoring reduces mortality in case of severe head injuries.
Technavio’s analysts forecast the global intracranial pressure (ICP) monitoring market to grow at a CAGR of 7.11% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global intracranial pressure (ICP) monitoring market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of ICP monitors to hospitals and trauma centers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Intracranial Pressure (ICP) Monitoring Market 2016-2020
Technavio recognizes the following companies as the key players in the global intracranial pressure (ICP) monitoring market: Codman & Shurtleff, Integra LifeSciences, Medtronic, RAUMEDIC, Spiegelberg, and Vittamed.
Other Prominent Vendors in the market are: Ad-Tech Medical Instrument, CAS Medical Systems, Compumedics, Electrical Geodesics, Gaeltec Devices, Haiying Medical, HeadSense Medical, Natus Medical, Neural Analytics, NeuroDx Development, Orsan Medical Technologies, Sophysa, Third Eye Diagnostics, and Vivonics.
Commenting on the report, an analyst from Technavio’s team said: “Growing adoption of wireless ICP monitoring will be a key trend for market growth. The market has been witnessing the evolution of miniature wireless ICP pressure monitoring. There is a need for shunt function testing that monitors the performance of the shunts. Approximately 40% of Ventriculoperitoneal shunts fail during the first year of placement, and 5% fail every year following the first year. To address this, Integrated Sensing Solution has developed WIPM, a wireless ICP monitoring system with an accurate and longest operating miniature implant that is suitable for both adults and children.”
According to the report, support services provided by manufacturers will be a key driver for market growth. Vendors are now providing customer support in the form of training for technical services. Customized tutorials with integrated neuroscience evaluation techniques can accelerate the skill of lab technicians or individuals operating ICP monitoring systems. Hence, Advanced Brain Monitoring designed Interactive Neuro-Educational Technologies for technicians using ICP monitoring systems. EEG monitors, ICP, and sleep apnea monitors, and equipment are complex and require expertise for installation and clinical application.
Further, the report states that ICP monitoring is considered the standard of care for severe TBI and its use is also endorsed by guidelines. However, the efficacy of treatment based on monitoring in improving outcome had not been rigorously assessed. The limitations of invasive ICP monitoring will pose a challenge to the market. Limitations of this method include suitability for only short-term monitoring, infection risks, and restricted mobility. The invasive technique also restricts the frequency of ICP evaluation for neurological conditions such as hydrocephalus, thereby hampering long-term care of individuals with compromised ICP.
Codman & Shurtleff, Integra LifeSciences, Medtronic, RAUMEDIC, Spiegelberg, Vittamed, Ad-Tech Medical Instrument, CAS Medical Systems, Compumedics, Electrical Geodesics, Gaeltec Devices, Haiying Medical, HeadSense Medical, Natus Medical, Neural Analytics, NeuroDx Development, Orsan Medical Technologies, Sophysa, Third Eye Diagnostics, Vivonics.