China Intracranial Pressure Monitoring Devices Market Size & Outlook
China intracranial pressure monitoring devices market, 2018-2030 (US$M)
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China intracranial pressure monitoring devices market highlights
- The China intracranial pressure monitoring devices market generated a revenue of USD 67.7 million in 2023 and is expected to reach USD 126.9 million by 2030.
- The China market is expected to grow at a CAGR of 9.4% 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 67.7 million |
| Market revenue in 2030 | USD 126.9 million |
| Growth rate | 9.4% (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, China accounted for 4.0% 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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China 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 82.87% in 2023. Horizon Databook has segmented the China intracranial pressure monitoring devices market based on invasive, non-invasive covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the fastest-growing markets for intracranial pressure monitoring devices. The growing geriatric population, along with the increasing incidence of traumatic brain injuries, is expected to drive the local market over the coming years.
For instance, according to the national 2020 census estimates, there are about 264 million (18.7%) people in China aged 60 years and over. The elderly population is forecast to further increase up to 300 million by 2025 and cross 400 million by 2033.
Moreover, as per the CDC, people aged 65 years and above are at a high risk of falling, which can cause mild or severe brain injury. In addition, as per the WHO report, fall-related injuries in the elderly are a major health and social concern in China, approximately 18% to 44% of elderly persons are reported to fall each year.
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Horizon Databook provides a detailed overview of country-level data and insights on the China intracranial pressure monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into China intracranial pressure monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China intracranial pressure monitoring devices market size, by technique, 2018-2030 (US$M)
China Intracranial Pressure Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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