Canada Traumatic Brain Injuries Assessment And Management Devices Market Size & Outlook
Canada traumatic brain injuries assessment and management devices market, 2017-2030 (US$M)
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Canada traumatic brain injuries assessment and management devices market highlights
- The Canada traumatic brain injuries assessment and management devices market generated a revenue of USD 298.1 million in 2022 and is expected to reach USD 546.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, imaging devices was the largest revenue generating device in 2022.
- Monitoring Devices is the most lucrative device segment registering the fastest growth during the forecast period.
Traumatic brain injuries assessment and management devices market data book summary
| Market revenue in 2022 | USD 298.1 million |
| Market revenue in 2030 | USD 546.6 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Imaging devices |
| Fastest growing segment | Monitoring Devices |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Imaging Devices, Monitoring Devices |
| Key market players worldwide | Integra LifeSciences, Nihon Kohden Corp, Compumedics-alpha trace, InfraScan, Raumedic AG, Oculogica |
Other key industry trends
- In terms of revenue, Canada accounted for 9.6% of the global traumatic brain injuries assessment and management devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. traumatic brain injuries assessment and management devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 546.6 million by 2030.
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Traumatic Brain Injuries Assessment And Management Devices Market Scope
Traumatic Brain Injuries Assessment And Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada traumatic brain injuries assessment and management devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to traumatic brain injuries assessment and management devices market will help companies and investors design strategic landscapes.
Imaging devices was the largest segment with a revenue share of 54.81% in 2022. Horizon Databook has segmented the Canada traumatic brain injuries assessment and management devices market based on imaging devices, monitoring devices covering the revenue growth of each sub-segment from 2017 to 2030.
High prevalence of TBIs in Canada is expected to drive the market during the forecast period. For instance, as per the Brain Injury Association Waterloo-Wellington (BIAWW), every year in Canada, over 11,000 people die due to TBIs and more than 6,000 become permanently disabled post-TBIs. Furthermore, according to the Canadian Institute of Health from 2016 to 2017, around 17,655 people were hospitalized due to sport-related injuries.
Moreover, as per the same source, in 2019, the total healthcare expenditure of Canada was USD 264 billion, representing the overall healthcare spending of 11.6% of the total GDP. Thus, increasing prevalence of TBIs and growing healthcare expenditure are factors expected to drive market in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada traumatic brain injuries assessment and management devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada traumatic brain injuries assessment and management devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada traumatic brain injuries tbi assessment management devices market size, by device, 2017-2030 (US$M)
Canada Traumatic Brain Injuries Assessment And Management Devices Market Share, 2022 & 2030 (US$M)
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