North America Market Analysis
North America in traumatic brain injuries assessment market is anticipated to dominate over 47.5% revenue share by 2037, due to the rising government initiatives, the existence of well-established healthcare facilities, awareness campaigns concerning brain injuries, and more incidence of TBIs in this region. The adoption of cutting-edge diagnostic tools and the accessibility of sophisticated medical facilities support the growth of the traumatic brain injuries assessment market.
Moreover, the region is a hub for technological advancement in medical devices. Constant developments in portable diagnostic devices, neuroimaging, and biomarker-based diagnostics have enhanced the efficiency and accuracy of TBI assessments. The adoption of these innovative technologies drives traumatic brain injuries assessment market growth. For example, in February 2024, the University of Birmingham, in the U.S. developed an advanced diagnostic device for the fast detection of TBI. This innovative technology employs a safe laser directed into the eye providing a distinct method for diagnosing TBI.
Canada healthcare system continues to offer comprehensive care for TBI patients, surgical inventions, encompasses emergency response, rehabilitation services, and support. Ongoing research and development efforts are focused on enhancing the quality of life and improving treatment results for individuals affected by TBI.
Asia Pacific Market Analysis
Asia Pacific is expected to experience a stable CAGR during the forecast period due to an increase in the incidence of road accidents and violence. Additionally, the country’s innovative healthcare infrastructure supports the adoption of cutting-edge medical technologies. The availability of state-of-the-art equipment in hospitals and clinics as well as high standards of medical care contributes to the growth of the market.
Japan holds a leading position in the Asia Pacific traumatic brain injuries assessment market. It has one of the world’s fastest-aging populations. The rising number of older adults surges the demand for effective TBI assessment tools to manage and diagnose brain injuries in this demographic.
Increase in the number of people suffering from TBIs in India due to growing incidence of road accidents, and violence. For example, in 2021, according to the Ministry of Road Transport and Highways, Government of India, a total of 4,12,432 road accidents in 2021 caused injuries to 3,84,448 individuals. Also, rising patient affordability has resulted in a substantial number of interventional procedures in the country.
Author Credits: Radhika Pawar
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