Increasing prevalence of head injuries, increasing investment by biotechnology and pharmaceutical industries in R&D, and rising need for the better treatment methods are driving the growth of the market. Moreover, favorable reimbursement policies, increased application and significant investments in the development of new technologies for the treatment of diseases are likely to fuel the market growth during the forecast period. Head trauma refers to any sort of injury to the brain. The Global Head Trauma Market report says that injury may be a minor bump on skull or major or serious brain injury. There are various causes of head trauma such as traumatic brain injuries and are often caused by accidents or acts of violence. Moreover, due to strokes or interrupted blood supply to the brain that is caused by blocked arteries or a burst blood vessel. The other main cause of head trauma is tumors in the brain or brainstem. In some cases, an overdose of drugs or alcohol can result in brain injury. Moreover, in some cases, people with diabetes, blood sugar levels that become too high (hyperglycemia) or too low (hypoglycemia) causes brain injury. People who have been rescued from drowning or those who have been resuscitated after a heart attack may not awaken due to lack of oxygen to the brain. Furthermore, infections such as encephalitis and meningitis cause swelling or inflammation of the brain, spinal cord, or the tissues that surround the brain in severe cases of these infections can result in brain trauma. Moreover, in some cases, exposure to toxins, such as carbon monoxide or lead, can cause severe brain damage.
Furthermore, globalization in healthcare has increased the market growth. Established market players of the developed countries lead the globalization by pushing new products and services into the developing countries and emerging economies. According to the World Health Organization estimates, head injuries are responsible for 4.5%-11% of all injuries including low or high-income economies. This is far higher as compared to the number of respiratory ailments, gastrointestinal disorders, or cancers, and the burden is expected to increase further over the coming years.
However, limited availability of facilities and higher treatment cost may hamper the market growth during the forecast period.
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Head Trauma Market Key Players
Some of key the players in the market are Fujifilm Holdings (Japan), GE Healthcare (U.S.), Siemens Healthcare(U.S.), Philips Healthcare (U.S.), Shimadzu Corporation (Japan), Toshiba Medical Systems Corporation (Japan), Carestream Health (U.S.), Nihon Kohden Corporation (Japan), Electrical Geodesics Inc. (U.S.), Masimo Corporation (U.S.), Hologic (U.S.), Esaote (Italy), and others.
Head Trauma Market Regional Analysis
The Americas dominate the global head trauma market owing to well-developed technology, increasing patient population with brain disorder, high health care spending, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region.
Europe holds the second position in the global head trauma market owing to the government support for research & development and availability of funds for research. This is expected to continue to drive the European market over the forecasted period. For instance, developed economies such as Germany and France are increasing investment in the healthcare domain and are focusing more on developing hospital infrastructure.
The Asia Pacific is the fastest growing head trauma market owing to the presence of rapidly developing healthcare technology, increasing stressful life, and high healthcare expenditure. Moreover, increasing patient population in countries like India and South Korea are likely to emerge as the fastest growing market across the globe. Furthermore, increasing demand for quality devices in the healthcare is projected to lead the use of advanced equipment, which, in turn, may increase the market growth in this region.
On the other hand, the Middle East & Africa holds the least share of the market owing to less availability of funds, limited medical facilities, and deprived political conditions in Africa.
Table of Content
- Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.4 Mega Trends
4.5 Macroeconomic Indicators
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LIST OF TABLES
Figure 1 Research Process
Figure 2 Segmentation for Global Head Trauma Market
Figure 3 Segmentation Market Dynamics for Head Trauma Market
Figure 4 Global Head Trauma Market Share, by Diagnosis 2016
Figure 5 Global Head Trauma Market Share, by Treatment 2016
Figure 6 Global Head Trauma Market Share, by End Users, 2016
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS
FIGURE 2 PORTERS FIVE FORCES MODEL
FIGURE 3 HEAD TRAUMA MARKET BY TYPE
FIGURE 4 HEAD TRAUMA MARKET BY TYPE OF MATERIAL
FIGURE 5 HEAD TRAUMA MARKET BY END USER
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