Brain Tissue Oxygen Monitoring System Market
Brain Tissue Oxygen Monitoring System Market Study by Clark Electrode Technology and Fluorescence and Fiberoptic Lumiscense Quenching Technology for Hospitals and Others From 2024 to 2034
Analysis of Brain Tissue Oxygen Monitoring System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Brain Tissue Oxygen Monitoring System Market Outlook (2024 to 2034)
The brain tissue oxygen monitoring system market is currently valued at US$ 4 billion in 2024. Furthermore, the market is evaluated to expand at a CAGR of 10.3% reaching the valuation of US$ 10.62 billion by the end of 2034.
Brain tissue oxygen monitoring systems determine how much oxygen is delivered and consumed in the brain. It becomes useful for doctors during long surgeries to detect brain hypoxia and guide treatment and outcomes. In the United States, cardiac arrest is the most common cause of hypoxia brain injury making the United States one of the key market regions.
In recent years, there have been new developments, including bioluminescence imaging, which is a new technique that uses a luminescent protein to generate a detailed image of oxygen movement in the brain. This technique is used to study brain hypoxia by medical institutions and well-renowned surgeons. Added to this, brain tissue oxygen tension monitoring devices (PiO2) are also introduced by manufacturers to make things easier for doctors.
With more complicated diseases coming, more doctors are looking into technologies, including brain tissue oxygen to help them during complex long surgeries and ease their jobs, which is positively affecting market dynamics.
Report Attribute | Detail |
---|---|
Brain Tissue Oxygen Monitoring System Market Size (2024E) | US$ 4 Billion |
Forecasted Market Value (2034F) | US$ 10.62 Billion |
Global Market Growth Rate (2024 to 2034) | 10.3% CAGR |
Canada Market Growth Rate (2024 to 2034) | 15.9% CAGR |
China Market Value (2034F) | US$ 1.19 Billion |
North America Market Share (2024E) | 34.1% |
East Asia Market Share (2034F) | 10.2% |
Key Companies Profiled | Integra LifeSciences Corporation; Hamamatsu Photonics K.K.; Medtronic; Scintica Instrumentation, Inc.; CARDION s r.o.; Oxford Optronix Ltd.; RAUMEDIC AG |
The rising incidence and cases of brain diseases and disorders, such as traumatic brain injury (TBI), strokes, and others, coupled with the high demand for brain tissue oxygen monitoring systems are the prime drivers of the market.
According to the Centers for Disease Control and Prevention (CDC), about 2.8 million TBI-related hospitalizations and deaths occurred in the United States in 2016, which amounted to 50,000 deaths. The CDC data also reveals an astonishing increase in TBI-related hospitalizations, which grew by 47% during a span of six years from 2010 to 2016.
The measurement of oxygen partial pressure in the brain is critical to the prognosis and treatment of patients as there is no definitive curative treatment for brain trauma, which is the clinical driver of the market.
Brain oxygen is a key parameter of mortality in traumatic brain injury as even small periods of hypoxia and hypotension significantly boost mortality. Therefore, the low elasticity of demand for brain tissue oxygen monitoring systems is expected to propel the market to attractive growth.
Drawbacks of traditional methods of measuring brain tissue oxygen are another driver of the market. The usage of traditional methods of measuring brain tissue oxygen, such as positron emission tomography and Computed Tomography (CT), is limited to the continuous measurement of brain oxygenation. Peripheral methods for brain tissue oxygen measurement, such as intracranial pressure and cerebral perfusion pressure, are not reliable as they are sensitive to peripheral tissue oxygen extraction.
Growth in risk factors represents an attractive market opportunity for the market, as stated in the brain tissue oxygen monitoring system industry analysis. The growth in demand generated by an increase in risk factors, such as a growing sports culture, an increase in the number of active population, including young children, a growing geriatric population, lack of safety, and an increase in the number of vehicles is expected to drive large revenues for the market players.
According to the CDC, falls are the leading cause of TBI and account for 47% of all TBI-related hospitalizations and deaths in the United States, disproportionately affecting the youngest and oldest age groups. The CDC states that the rates of recreation-related TBI have more than doubled among children aged 19 years and below.
Of all TBI-related hospitalizations and deaths among adults aged 65 and above, almost 79% were caused by falls. Motor vehicle crashes were the third leading cause of all TBI-related hospitalizations and deaths among all age groups and accounted for a 14% share.
Advancements in technology, such as the development of advanced algorithms, data storage capabilities, interactive touch-screen interfaces for immediate access, compact, lightweight ergonomic design, improvements in battery life, built-in alarms, and others, are also among the factors driving the market.
However, the high cost of installation and maintenance of brain tissue monitoring systems, the lower penetration of brain trauma centers & multispecialty hospitals in developing regions, and the lack of awareness are among the factors hampering the growth of the market.
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Brain Tissue Oxygen Monitoring System Market: Overview
The global market is highly consolidated characterized by the availability of technologically advanced brain tissue monitoring systems, but low volumes of sales. This has resulted in the premium pricing of products, owing to which only some players dominate the market, according to the brain tissue oxygen monitoring system industry outlook.
As per Fact.MR published brain tissue oxygen monitoring system industry outlook, vendors operating in the market are engaged in new product developments, as the most popular strategy. Technical support and customized solutions are the recent market demands and trends playing a crucial role in the market. The introduction of technologically advanced products is expected to present a larger value proposition as compared to the cost in the market.
Brain Tissue Oxygen Monitoring System Market: Regional Outlook
By region, the global market is classified into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, and the Middle East & Africa. North America dominated by the United States accounts for a noteworthy share of the global market owing to the excellent healthcare infrastructure, the local presence of large players, and the higher demand for neurosurgery.
North America is followed by Europe, which is expected to be led by Germany, France, and the United Kingdom. The large healthcare infrastructure of Europe is a significant driver of the European market.
The market is expected to gain significant traction in the Asia Pacific and the Middle East & Africa regions. China and India are expected to drive a large market share owing to economic development, large population, and advancements in healthcare in the Asia Pacific market.
The Middle East and Africa market is expected to be dominated by the wealthy Gulf economies of Saudi Arabia, Kuwait, UAE, and Qatar, as mentioned in the brain tissue oxygen monitoring system industry analysis. However, the poor income of African economies, coupled with poor social conditions, are hampering the market.
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Brain Tissue Oxygen Monitoring System Market: Key Players
Some of the major vendors operating in the global brain tissue oxygen monitoring system market are
- Integra LifeSciences Corporation
- Hamamatsu Photonics K.K.
- Medtronic
- Scintica Instrumentation, Inc.
- CARDION s r.o.
- Oxford Optronix Ltd.
- RAUMEDIC AG
The global market report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The market report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Segmentation of the Brain Tissue Oxygen Monitoring System Market Research
-
By Mechanism :
- Clark Electrode Technology
- Fluorescence and Fiberoptic Lumiscense Quenching Technology
-
By Portability :
- Non-portable
- Portable
-
By End User :
- Hospitals
- Neurology Clinics
- Ambulatory Care Centers
-
By Region :
- North America
- Latin America
- Western Europe
- East Asia
- South Asia & Pacific
- Eastern Europe
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Mechanism
- 6.2. Portability
- 6.3. End User
- 7. Global Market Analysis and Forecast, By Mechanism
- 7.1. Clark Electrode Technology
- 7.2. Fluorescence and Fiberoptic Luminescence Quenching Technology
- 8. Global Market Analysis and Forecast, By Portability
- 8.1. Non-portable
- 8.2. Portable
- 9. Global Market Analysis and Forecast, By End User
- 9.1. Hospitals
- 9.2. Neurology Clinics
- 9.3. Ambulatory Care Centres
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. Asia Pacific
- 10.6. East Asia
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Mechanism, Portability, and End User for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Integra LifeSciences Corporation
- 20.2. Hamamatsu Photonics K.K.
- 20.3. Medtronic
- 20.4. Scintica Instrumentation, Inc.
- 20.5. CARDION s r.o.
- 20.6. Oxford Optronix Ltd.
- 20.7. RAUMEDIC AG
- 20.8. Others
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Mechanism
Table 3: Global Market US$ Mn Forecast by Portability
Table 4: Global Market US$ Mn Forecast by End User
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Mechanism
Table 7: North America Market US$ Mn Forecast by Portability
Table 8: North America Market US$ Mn Forecast by End User
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Mechanism
Table 11: Latin America Market US$ Mn Forecast by Portability
Table 12: Latin America Market US$ Mn Forecast by End User
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Mechanism
Table 15: Western Europe Market US$ Mn Forecast by Portability
Table 16: Western Europe Market US$ Mn Forecast by End User
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Mechanism
Table 19: Eastern Europe Market US$ Mn Forecast by Portability
Table 20: Eastern Europe Market US$ Mn Forecast by End User
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Mechanism
Table 23: Asia Pacific Market US$ Mn Forecast by Portability
Table 24: Asia Pacific Market US$ Mn Forecast by End User
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Mechanism
Table 27: East Asia Market US$ Mn Forecast by Portability
Table 28: East Asia Market US$ Mn Forecast by End User
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Mechanism
Table 31: MEA Market US$ Mn Forecast by Portability
Table 32: MEA Market US$ Mn Forecast by End User
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Mechanism
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Portability
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the projected growth rate for the brain tissue oxygen monitoring system market
The global brain tissue oxygen monitoring system market is evaluated to progress at a 10.3% CAGR through 2034.
Why will the demand for brain tissue oxygen monitoring systems increase?
The growing incidences of brain disorders and diseases, including strokes, traumatic brain injury (TBI), and others driving growth.
Which regional market dominates in the global market?
North America is approximated to capture a 34.6% share of global market revenue by 2034.