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The North American intracranial pressure monitors market is mainly driven by the rising incidences of traumatic brain injury. The North American intracranial pressure monitors market was valued at $100.58 million in 2013, and is poised to grow at a CAGR of 7.2%, to reach $142.16 million by 2018.
The report ‘North American Intracranial Pressure Monitors Devices Market forecast, 2012-2018’ analyzes the market by application such as traumatic brain injury, intracerebral hemorrhage, and meningitis. These segments are expected to experience a positive growth till 2018, with an increased awareness for procedures and sophisticated diagnostic techniques. With a market value of $0.1 billion, the intracranial pressure monitors have been contributing to 16% in terms of value towards the total brain monitoring devices industry. The market has been witnessing the high growth because of increase in patient pool and procedure numbers of neurological disorders. A rise in the incidences of post-surgical cerebrovascular accidents has triggered the need for more enhanced and automated brain monitoring devices. Therefore, brain monitors are being incorporated extensively in the hospitals and clinics for assessing the activity of sedatives and anesthesia.
North America is the largest intracranial pressure monitors market, followed Europe and Asia. Asia offers a huge unexploited market for intracranial pressure monitors, owing to rising awareness of neurological disorders, increase in purchasing power, and an increasing number of people with meningitis and traumatic brain injuries.
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