2023 Concussion Market - Exploration Trends, Analysis, Growth Prospects And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Concussion Global Market Report 2023 identifies increase in the prevalence of brain injuries as the major driver for the Concussion market's growth in the forecast period. Brain injuries refer to any type of injury or damage that affects the brain, resulting in a wide range of physical, cognitive, and emotional impairments. Treating concussions early and properly can help to reduce the effects of brain-related injuries on an individual's general brain health through physical and cognitive rest, symptom management, and gradual return to activities. Additionally, rising traffic accidents have also increased the occurrence of brain injuries.

The global concussion market size is expected to grow from $7.39 billion in 2022 to $7.63 billion in 2023 at a compound annual growth rate (CAGR) of 3.34%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of concussion market is expected to reach $8.82 billion in 2027 at a CAGR of 3.68%.

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Major competitors in the Concussion market are Pfizer Inc., Novartis AG, Sanofi SA, Abbott Laboratories, Medtronic plc, Viatris Inc., Zydus Lifesciences Ltd., Integra LifeSciences Corporation.

A key trend in the Concussion market includes product Innovation. Major companies involved in the concussion market are focused on innovating new products to improve their observation power and sustain their position in the market. For Instance, In May 2022, TecTraum Inc., a US-based designer and developer of medical devices, and Nottingham-Spirk Design Associates Inc., a US-based product design firm, developed pro2cool, which is dedicated to providing the world's first point-of-care treatment for concussions and is the world's first-ever medical device treatment for concussions. The pro2cool® system is a revolutionary, noninvasive hypothermic treatment device that is intended to lessen the severity of concussion symptoms and allow patients to recover to their pre-injury baseline as quickly as possible.

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The Concussion market is segmented -

• By Assessment: Diagnosis, Treatment
• By Device: Imaging Devices, Magnetic Resonance Imaging (MRI) Devices, X-Ray, Computed Tomography, Monitoring Devices, Other Devices
• By End User: Hospitals And Clinics, Diagnostic Centers, Medical Camps, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Concussion market.

The Business Research Company's "Global Concussion Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Concussion Market Include:

1. Executive Summary
2. Concussion Market Characteristics
3. Concussion Market Trends And Strategies
4. Concussion Market - Macro Economic Scenario
5. Global Concussion Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………….
32. Global Concussion Market Competitive Benchmarking
33. Global Concussion Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Concussion Market
35. Concussion Market Future Outlook and Potential Analysis
36. Appendix

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