The Neurotrauma Treatment Market is bound to witness a robust CAGR going forward. The present scenario is that of prediction of the course of treatment based on data analytics. Technology has been dominating in the form of IoMT (Internet-of-Medical-Things), AI (Artificial Intelligence), cloud computing, predictive analytics, and what not? With the proven advantage of the reduction in casualties and real-time access to the history of patients, and not to forget – remote monitoring, the healthcare industry is there to upturn.
Neurotrauma treatment requires highly qualified medical expertise and responsiveness. In general, there are two types of neurotrauma viz. spinal trauma and brain trauma. Spinal trauma is the damage to the spinal cord due to injury. Researchers are focusing to promote the nerve cell regeneration for the neurotrauma treatment of spinal injuries, but still, spinal cord injury cannot be reversed completely.
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Traumatic brain injury occurs when the head is violently and suddenly hits an object which damages the brain tissues. At the initial stage, the medical professional will try to stabilize the traumatic brain injuries. Neurotrauma treatment for brain requires the proper oxygen supply to the brain and rest of the body, control the blood pressure and maintain the adequate blood flow.
The rising number of traumatic brain injuries is the primary factor driving the growth of neurotrauma treatment market. Also, the increasing number of accident cases which damages the spine and brain is responsible for robust progress of neurotrauma treatment market. Additionally, a high focus of neurosurgeons and other brain specialists to promote nerve regeneration therapy for spinal injuries will upsurge the demand for neurotrauma treatment.
The launch of MRI-guided laser ablation platforms and MRI Interventions neurosurgical navigation platform will also propel the revenue growth of neurotrauma treatment market over the forecast period. The shortage of neurosurgical workforce will retrain the progress of neurotrauma treatment market to some extent.
Also, the lack of awareness among the people in the under developing economies about neurotrauma programme will also hamper the revenue growth of neurotrauma treatment market.
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Market Segmentation
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High adoption of neurotrauma programme in the U.K., Germany, France, Italy, Spain other European countries is the key factor behind the growth of the neurotrauma treatment market in Europe.
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South Asia and East Asia region is expected to show rapid growth over the forecast period for the neurotrauma treatment market due to the rising number of cases of traumatic brain injuries in India, China, and Japan. Middle & Africa and Latin America are expected to show the delayed growth for the neurotrauma treatment market owing to low awareness among the people in this geographies.
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