West Syndrome Market Growth Drivers and Challenges:
Growth Drivers
-
Growing Incidence of Traumatic Brain Injuries to Boost the Market Growth - As of 2019, around 200,000 people were noticed to be hospitalized while nearly 62,000 people died due to traumatic brain injuries in the same year in United States. Traumatic brain injury, shortly known as TBI can affect the functionality of the brain in multiple ways. It is categorized into two categories that are closed and penetrating brain injury. TBI can also cause death and serious disabilities becoming the major cause of death in the United States. Hence, such a higher prevalence is estimated to hike the market growth over the forecast period.
-
Higher Prevalence of Drug Seizure - In 2022-21, about 5500 drug seizures per million inhabitants were observed solely in London.
-
Significant Growth in the Imaging Technology - For instance, the diagnostic imaging devices segment was valued at nearly USD 45 billion in 2022 worldwide.
-
Growing Penetration of Neurological Disorders - Based on the data released by Pan American Health Organization (PAHO), in 2019, about 533,172 people died due to neurological conditions in the United States.
Challenges
-
Shortage of Requisite Equipment and Skilled Medical Professionals - The brain is one of the main organs that helps to regulate movement, coordination, intelligence, and all cognitive functions. So, only a skilled professional can treat the diagnose a disease perfectly. Any errors in the diagnosis will harm the patient. And it is not possible to make skilled doctors available at all times in a hospital which may hinder market growth.
-
Lack of Awareness in the Rural Areas
- Higher Cost Associated with the Treatment
West Syndrome Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
5.2% |
|
Base Year Market Size (2025) |
USD 479.5 million |
|
Forecast Year Market Size (2035) |
USD 796.06 million |
|
Regional Scope |
|
