Growing Head Injury Count Could Enable Global Intracranial Pressure Monitors Market to Cross US$350 mn by 2023 The global intracranial pressure monitors market is expected to reach US$350.5 mn by the end of 2023. This market was recorded at US$210.5 mn in 2014 and is expanding at a CAGR of 6.4% within a forecast period of 2015 to 2023. These statistics are collected and justified in a research report published by leading market intelligence provider Transparency Market Research. The report, titled “Intracranial Pressure Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,� can help market players, investors, and others gain a deeper understanding of the current and expected factors that influence this market till 2023. Intracranial pressure monitors are medical devices used to measure the pressure inside a human head within the skull. This is a valuable measurement for patients kept under critical care.
The most significant reason for the growth of the global intracranial pressure monitors market, as explained in the report, is the growing number of people suffering from cerebrovascular and neurological diseases. Another major driver of the global intracranial pressure monitors market is the increase in number of cases of head trauma and head injuries around the world. The market is further fueled by a rising rate of awareness among healthcare officials regarding the benefits of using an intracranial pressure monitor. The report studies the global intracranial pressure monitors market according to type, applications, end use, and geography. In terms of types, the global intracranial pressure monitors market was led by external ventricular drains, which held a 35% share in 2014. The fastest growth rate is currently shown by the segment of air pouch devices. In terms of applications, the global intracranial pressure monitors market was dominated by the segment of traumatic brain injury in 2014 owing to a high rate of road accidents, sports injuries, and incidences of violence. In terms of end use, this market is being driven by trauma centers, as this segment not only held the largest share in 2014, but is also showing the fastest growth rate for the given forecast period. Browse Full Research Report on Intracranial Pressure Monitors Market: http://www.transparencymarketresearch.com/intracranial-pressure-monitors-market.html