Global Traumatic Brain Injuries (TBI) Treatment Market Research Report: by treatment (immediate emergency care, medications (diuretics, analgesic and others), surgery), by end-users (hospitals, neurologist, independent pharmacies and others)—Forecast till 2023

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.

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.

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.

Key Players:

Some of the key players in the Global Traumatic brain injuries treatment market  are Neuren Pharmaceuticals Ltd., Oxygen Biotherapeutics Inc, Ischemic,  Grace Laboratories LLC. Cognosci, Medicortex, Amarantus BioScience Holdings, Aldagen, TEVA Pharmaceutical Industries Ltd., NeuroScience Pharmaceuticals, Targacept, BioDirection, Inc., QuesGen Systems, Inc., BrainScope Company, Inc., Oculogica, BrainScope Company, Inc, Vasopharm GmbH, Silver Creek Pharmaceuticals Inc, Stemedica Cell Technologies Inc, Neural Analytics Inc, Banayan Biomarkers Inc, Zimmer Biomet.

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Market Research Future has published a half-cooked research report on the global traumatic brain injuries (TBI) treatment market.  

Traumatic Brain Injuries (TBI) Treatment Market Overview

Traumatic brain injuries (TBI) refer to the concussion or damages to the skull, and the tissue beneath that occur due to some mental disturbance, during a road accident, or powerful shock wave on the battlefield. TBI is the leading cause of a chemical reaction triggered in the brain that ravages neurons and the networks that supply them nutrients & oxygen. Traumatic brain injuries can cause immediate, significant damage to a person's brain, leading to long-term cognitive, psychological, and motor system damage.

Hence, TBI is considered a severe health problem, contributing to a substantial number of deaths and permanent disability every year.

Every year, globally, around 52,000 people die of traumatic brain injuries, commonly caused by accidents, violent assaults, blunts force trauma, and sports injuries. Fortunately, there is a range of breakthrough diagnostics, drugs, and novel treatment procedures available in the market, helping the patients with early detection and treatment to manage the conditions, effectively.

As a result, the global traumatic brain injuries treatment market is a pervasively growing market space. The increasing prevalence of TBI and advancements in the therapeutics to manage the conditions are the major driving forces pushing the growth of the market. According to Market Research Future (MRFR), the global traumatic brain injuries treatment market is expected to perceive a phenomenal growth by 2023. MRFR, in its recently published analysis, also asserts that the market would register around 5.1% CAGR throughout the forecast period (2018 – 2023).

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The increase in the uses of medicines to treat traumatic brain injuries treatment presage the rise in the cases diagnosed and treated. Additionally, factors such as the burgeoning healthcare sector and the increasing number of advanced cares providing facilities are substantiating the growth of the market. Growing R&D activities in the field of TBI diagnostics and drug & therapeutics discoveries are boosting the growth of the market. Furthermore, the rising number of road collisions and the increasing number of aging populations foster the growth of the market.

On the other hand, the prohibitive cost of treatment, along with the incidents of drug resistance and unmet clinical needs, is impeding the growth of the market. Nevertheless, the antibiotics developed with advent technologies would support the market growth throughout the review period, providing preferable outcomes. Also, the availability of several diagnostics and treatment options available, including behavioral intervention & prescription medication and digital medicines, would impact the market growth, positively. 

Global Traumatic Brain Injuries Treatment Market – Segments

The report is segmented into three dynamics to widen the scope of understanding,

By Treatment: Immediate emergency care, Medications, Surgery, Rehabilitation, and others.

By End-user: Hospitals, Neurologist, Independent pharmacies, Rehabilitative centre treatment, and others.

By Regions: North America, Europe, APAC, and the Rest-of-the-World.

Traumatic Brain Injuries Treatment Market - Geographical Analysis 

North America leads the global traumatic brain injuries treatment market. The largest share of the market attributes to a large patient pool suffering from traumatic brain injuries and high healthcare expenditures. The rising rate of TBI patients, hospitalizations, and deaths occurring due to TBI contributes to the growth of the regional market. The US accounts for the largest share in the North American TBI treatment market. 

The region is expected to retain its leading position in the global market throughout the forecast period, creating a substantial revenue pocket. Europe stands second in the global traumatic brain injuries treatment market. Factors such as increasing aging population and increasing prevalence of TBI across the region drive the growth of the market. Moreover, considerable advancements in medical technologies and digital medicines support the growth of the regional market. 

Also, the presence of a flourishing medical devices market and notable players, alongside, the rising healthcare expenditure in the region, support the market growth. According to the journal of neurosurgery, the overall rate of TBI incidences is highest in Europe, and about 95% population suffer from TBI occurred due to road accidents.

The Asia Pacific traumatic brain injuries treatment market is emerging as a promising market. Southeast Asian and Western Pacific region experiences the highest rate of TBI. Besides, rising head injuries that took place in road collisions are fostering the growth of the regional market. Moreover, large patient population and unmet needs, alongside the availability of low-cost treatment procedures, are acting as key driving forces behind the regional market. 

Global Traumatic Brain Injuries Treatment Market - Competitive Analysis

Highly competitive, the traumatic brain injuries treatment market appears fragmented, with various well-established players forming a competitive landscape. To gain a competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, expansion, and product launch. 

Traumatic Brain Injuries (TBI) Treatment Market Major Players: 

Players operating in the global traumatic brain injuries treatment market, include Zimmer Biomet, Neuren Pharmaceuticals Ltd., Oxygen Biotherapeutics Inc. Teva Pharmaceutical Industries Ltd., Ischemic, Grace Laboratories LLC, Cognosci, Medicortex, Amarantus BioScience Holdings, Aldagen, NeuroScience Pharmaceuticals, Targacept, BioDirection, Inc., QuesGen Systems, Inc., BrainScope Company, Inc., Neural Analytics, Inc., Oculogica, BrainScope Company, Inc., Silver Creek Pharmaceuticals Inc., Stemedica Cell Technologies Inc., Banayan Biomarkers Inc., and Vasopharm GmbH, among others.

Industry/Innovations/Related News:

September 09, 2019 ---- Endonovo Therapeutics, Inc. (the US), a commercial-stage developer of non-invasive Electroceutical® therapeutic devices, announced its partnership with Veterans Healthcare Supply Solutions (VHSS - the US), to initiate the sales of SofPulse® in VH Administration and military hospitals. The collaboration with VHSS is a significant accomplishment for Endonovo, especially when it is planning to expand its business to support VA and military hospitals globally.

Endonovo develops non-invasive, electromagnetic therapy treatments for humans and animals. Its current portfolio of commercial & clinical-stage wearable Electroceuticals® therapeutic devices address traumatic brain injury (TBI), and other various pain and chronic diseases & disorder management treatments. Veterans Healthcare wholesales & distributes health care equipment, and related supplies & equipment. VHSS has recently expanded its reach to service all federal government agencies with a well-diversified portfolio of products.

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Traumatic Brain Injuries Treatment 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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Traumatic Brain Injuries Treatment Market  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 Treatment Market  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.

Traumatic Brain Injuries Treatment Market  Key Players:

Some of the key players in the Global Traumatic brain injuries treatment market  are Neuren Pharmaceuticals Ltd., Oxygen Biotherapeutics Inc, Ischemic,  Grace Laboratories LLC. Cognosci, Medicortex, Amarantus BioScience Holdings, Aldagen, TEVA Pharmaceutical Industries Ltd., NeuroScience Pharmaceuticals, Targacept, BioDirection, Inc., QuesGen Systems, Inc., BrainScope Company, Inc., Oculogica, BrainScope Company, Inc, Vasopharm GmbH, Silver Creek Pharmaceuticals Inc, Stemedica Cell Technologies Inc, Neural Analytics Inc, Banayan Biomarkers Inc, Zimmer Biomet.

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction 

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations 

Chapter 3. Research Methodology 

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation 

Chapter 4. Market Dynamics 

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment 

Chapter 5. Market Factor Analysis

...Continued

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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