Global Traumatic Brain Injury Treatment Market Size, Dynamics, Regional Market Share, Top Key Players, Latest Trends, Growth Factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Global traumatic brain injury treatment was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Traumatic Brain Injury Treatment Market
Traumatic brain injury (TBI) or intracranial injury is an injury to brain due to external force to brain. TBI can be classified as mild, moderate, and severe brain injury. TBI may be due to fall, vehicle collision, and violence. Symptoms of traumatic brain injury include cognitive, physical, social, and behavioral symptoms. TBI can be diagnosed by using computed tomography (CT) and magnetic resonance imaging (MRIs).
Market Dynamics: Traumatic Brain Injury Treatment Market
The traumatic brain injury is due to increase in the number of road accidents and the traumatic brain injury is due to increase in the number of road accidents. Moreover, the number of geriatric population increases, R & D for innovation of newer products, promising pipeline products for TBIs, and entry of targeted therapies into the market are expected to increase the global traumatic brain injury market. However, delayed disease diagnosis, lack of social awareness, and R & D activities are anticipated to restrain the traumatic brain injury market.
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Market Scope: Traumatic Brain Injury Treatment Market
Traumatic brain injury treatment is segmented on the basis of treatment type, route of administration, and distribution channel
Based on the treatment type, traumatic brain injury treatment is segmented into the following:
- Drugs
- Analgesics
- Anti-Convulsants
- Anti-Anxiety Drugs
- Anti-psychotics
- Anti-Depressants
- Anti-Coagulants
- Others
- Surgery
Based on the route of administration, traumatic brain injury treatment is segmented into the following:
- Orally
- parenterally
Based on the distribution channel, traumatic brain injury treatment is segmented into the following:
- Hospital Pharmacies
- Retail Pharmacies
- Online stores
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Regional Analysis: Traumatic Brain Injury Treatment Market
Geographically, Global traumatic brain injury treatment is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America’s traumatic brain injury is due to increase in the prevalence of TBIs (according to CDC 2010, approximately 2.5 mn people are admitted to TBI and about 138 people in US with TBIs). Surge in R & D expenditures for the development of newer drugs and TBI surgeries are expected to propel the market. Europe’s Traumatic Brain Diseases Treatment of Crohn’s Disease (TBI) is expected to boost the market.
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Competition Assessment: Traumatic Brain Injury Treatment Market
Some of the players in the global traumatic brain injury treatment market include:
- TEVA Pharmaceutical Industries Ltd. (Israel)
- Tenax Therapeutics (US)
- Amarantus BioScience Holdings (US)
- Neuren Pharmaceuticals Ltd (Australia)
- Grace Laboratories LLC. (Georgia)
- Banyan Biomarkers Inc. (US)
- Vasopharm GmbH
- Cognosci, Inc. (US)
- Medicortex Finland Oy (Finland)
Notable Market Developments: Traumatic Brain Injury Treatment Market
- In May 2016, Stemedica Cell Technologies, Inc. received FDA investigational new drug (IND) approval for mesenchymal stem cells to treat traumatic brain injury
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