PUBLISHER: The Insight Partners | PRODUCT CODE: 1742018
PUBLISHER: The Insight Partners | PRODUCT CODE: 1742018
The Middle East & Africa traumatic brain injury diagnostics equipment market was valued at US$ 82.73 million in 2022 and is expected to reach US$ 149.57 million by 2030; it is estimated to register a CAGR of 7.7% from 2022 to 2030.
Emergence of Portable Non-invasive Monitoring Devices to Diagnose TBI Patients Bolsters Middle East & Africa Traumatic Brain Injury Diagnostics Equipment Market
New noninvasive methods for monitoring tissue metabolism can help improve the diagnosis and monitoring of brain conditions such as concussions, stroke, and TBI, owing to which patients can recover more quickly. The consequences of TBI resulted in increasing healthcare burden costs, accounting for US$ 76.5 billion annually, as per the BrainScope company white paper. The installation of "BrainScope One" in less expensive care settings-e.g., emergency department and community settings (including urgent care centers)-may result in a significant reduction of healthcare costs by up to 32.2%, as per the findings revealed in the white paper. BrainScope One aids in eliminating unnecessary CT scans, thereby reducing healthcare costs for TBI.
Middle East & Africa Traumatic Brain Injury Diagnostics Equipment Market Overview
The accelerated demand for advanced diagnostic equipment and quick and effective diagnosis for TBI patients are the key driving factors behind the market development. However, adverse effects of contrast/medium agent is hampering the market growth. The Middle East and Africa traumatic brain injury diagnostic equipment market covers key countries such as Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa region. The Rest of Middle East & Africa holds largest market share for traumatic brain injury diagnostic equipment market for the forecast period. As per the Hamad Bin Khalifa University Press report, TBI was higher among younger adults (34%) and middle-age groups (21%) in Qatar. The most frequent injuries in Qatar account for brain contusion (40%), followed by subarachnoid (25%), subdural (24%), and epidural hemorrhage (18%). The mortality rate in Qatar accounts for 11% of TBI patients. Therefore, innovative product development will accelerate the demand for brain diagnostics, providing new revenue avenues for the manufacturers, which would ultimately drive the market growth during 2022-2030.
Middle East & Africa Traumatic Brain Injury Diagnostics Equipment Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Traumatic Brain Injury Diagnostics Equipment Market Segmentation
The Middle East & Africa traumatic brain injury diagnostics equipment market is categorized into techniques, device, end user, and country.
Based on techniques, the Middle East & Africa traumatic brain injury diagnostics equipment market is segmented into non-invasive, invasive, and combination techniques. The invasive segment held the largest Middle East & Africa traumatic brain injury diagnostics equipment market share in 2022. Furthermore, the non-invasive segment is subcategorized into electroencephalography (EEG), brain-computer interface (BCI), eye tracking and near-infrared spectroscopy (NIRS), magnetic resonance imaging (MRI), magnetoencephalography (MEG), transcranial magnetic stimulation (TMS), cerebral metabolic rate of oxygen (CMRO2), intracranial pressure, and others. Additionally, invasive segment is subsegmented into cerebral perfusion pressure (CPP) and pressure reactivity index (PRx), partial brain tissue oxygen pressure (PbtO2), cerebral microdialysis (CMD), intracranial pressure, and others.
In terms of device, the Middle East & Africa traumatic brain injury diagnostics equipment market is bifurcated into imaging devices and monitoring devices. The imaging devices segment held a larger Middle East & Africa traumatic brain injury diagnostics equipment market share in 2022.
By end user, the Middle East & Africa traumatic brain injury diagnostics equipment market is divided into hospitals and clinics, diagnostic centers, and others. The hospitals and clinics segment held the largest Middle East & Africa traumatic brain injury diagnostics equipment market share in 2022.
By country, the Middle East & Africa traumatic brain injury diagnostics equipment market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa traumatic brain injury diagnostics equipment market share in 2022.
GE HealthCare Technologies Inc, Elekta AB, Integra LifeSciences Holdings Corp, Raumedic AG, Soterix Medical Inc, Medtronic Plc, and Compumedics Ltd are some of the leading companies operating in the Middle East & Africa traumatic brain injury diagnostics equipment market.