Canada Intracranial Pressure Monitoring Devices Market Size & Outlook
Canada intracranial pressure monitoring devices market, 2018-2030 (US$M)
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Canada intracranial pressure monitoring devices market highlights
- The Canada intracranial pressure monitoring devices market generated a revenue of USD 113.0 million in 2023 and is expected to reach USD 186.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% 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 113.0 million |
| Market revenue in 2030 | USD 186.4 million |
| Growth rate | 7.4% (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, Canada accounted for 6.7% 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 North America, U.S. intracranial pressure monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 186.4 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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Canada 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 81.24% in 2023. Horizon Databook has segmented the Canada intracranial pressure monitoring devices market based on invasive, non-invasive covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare coverage and compulsory insurance in the country enable the adoption of advanced technologies. Industrialization in Quebec and Ontario is expected to positively impact the market due to the entry of new market players.
In addition, increasing awareness, as well as the presence of organizations such as the Canadian Neurological Sciences Federation and the Canadian Neurovascular Health Society, which focuses on neurovascular research, can promote market growth in the future.
As per the Canadian Institute for Health Information, the total healthcare spending of Canada was USD 265 billion in 2019, accounting for 11.6% of GDP. Thus, the increasing number of neurosurgical procedures, strong initiatives undertaken by various government organizations, and growing healthcare expenditure are expected to drive market growth in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada intracranial pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada intracranial pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada intracranial pressure monitoring devices market size, by technique, 2018-2030 (US$M)
Canada Intracranial Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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