Australia Intracranial Pressure Monitoring Devices Market Size & Outlook
Australia intracranial pressure monitoring devices market, 2018-2030 (US$M)
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Australia intracranial pressure monitoring devices market highlights
- The Australia intracranial pressure monitoring devices market generated a revenue of USD 48.4 million in 2023 and is expected to reach USD 84.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, invasive was the largest revenue generating technique in 2023.
- Non-invasive is the most lucrative technique segment registering the fastest growth during the forecast period.
Intracranial pressure monitoring devices market data book summary
| Market revenue in 2023 | USD 48.4 million |
| Market revenue in 2030 | USD 84.3 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Invasive |
| Fastest growing segment | Non-invasive |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Invasive, Non-invasive |
| Key market players worldwide | Medtronic PLC, Integra LifeSciences, Raumedic AG, Sophysa, Spiegelberg, Natus Medical, NovaSignal |
Other key industry trends
- In terms of revenue, Australia accounted for 2.9% of the global intracranial pressure monitoring devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan intracranial pressure monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 155.1 million by 2030.
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Intracranial Pressure Monitoring Devices Market Scope
Intracranial Pressure Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia intracranial pressure monitoring devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intracranial pressure monitoring devices market will help companies and investors design strategic landscapes.
Invasive was the largest segment with a revenue share of 79.75% in 2023. Horizon Databook has segmented the Australia intracranial pressure monitoring devices market based on invasive, non-invasive covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare industry in Australia is highly efficient and well-developed, as compared to several other Asia Pacific countries. Increasing incidence of TBIs, and stroke, and rising healthcare expenditure in Australia are major factors expected to promote market growth over the forecast period.
For instance, according to the Australian Bureau of Statistics, in 2018, around 700,000 Australians suffered from brain injuries. Moreover, 3 in every 4 of these people are aged 65 years or below. 2 of every 3 suffered from a brain injury before the age of 25 years.
Furthermore, as per a study published by the Stroke Foundation in 2018, stroke is one of the leading causes of death in Australia, and in 2017, there were more than 56,000 recurrent and new stroke cases reported in Australia.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia intracranial pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia intracranial pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia intracranial pressure monitoring devices market size, by technique, 2018-2030 (US$M)
Australia Intracranial Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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