Global Concussion Market

Global Concussion Market by Assessment (Diagnosis and Treatment), By End-users (Hospitals and Clinics, Diagnostic Centers, and Payers), and by Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2904
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 199
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The global concussion market size was valued at USD 6.9 billion in 2020 and is projected to reach USD 9.2 billion by 2028, expanding at a CAGR of 3.6% during the forecast period. Increasing incidence of mild traumatic brain injuries is anticipated to drive the market during the projected period.

Global Concussion Market summary

Concussion is defined as a brain injury caused by violent shaking of the head and body or blow to the head. The medical condition is generally registered from a mild blow to the head and loss of consciousness. The condition leads to temporary cognitive symptoms such as confusion, headache, memory loss, lack of coordination, nausea, vomiting, dizziness, sleepiness, ringing in the ears, and excessive fatigue. Concussion affects the brain and requires temporary restriction on activities such as sports, video games, TV, or socializing. Rest and restriction on activities help the brain to recover.

Market Trends, Drivers, Restraints, and Opportunities:

  • Ongoing Drugs/Vaccine Development and Approval - Drugs/vaccine development is a complex and long process with a combination of public & private investments and often lasts 10 years to 15 years. Late diagnosis or untreated medical conditions lead to infections. Governments in various countries are focusing on providing funds for drug development and to create a vaccine for hepatitis C virus. Such government support is anticipated to drive the market during the forecast period.
  • Growing Geriatric Population - Rising vulnerable aging population is expected to boost the market. Increasing number of sports injuries and road accidents are anticipated to drive the market in the near future. Additionally, increasing research activities on diagnosis and treatment of concussion is anticipated to contribute to the market growth.
  • Shortage of Trained Professionals - The research and development process is time-consuming, as it requires to study and treat the medical condition. Shortage of trained professionals is expected to hamper the growth of the market.
  • Governments of developing countries support pharmaceutical industries for study and generation of drugs/vaccines. The generated drugs/vaccines need to pass a clinical trial before approval. High investments in R&D are expected to result in high cost of generation of drugs/vaccines, which restrains the market.
  • Increasing Need of Drug/Vaccine Development For Treating Concussion - Presently, no vaccines are available in the market for treating concussion. Vaccines are considered to be more effective as compared to oral drugs. Vaccines are anticipated to help in the fast recovery of concussion.

Scope of the report:

The report on the global concussion market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Global Concussion Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast 

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

By Assessment (Diagnosis and Treatment), By End-users (Hospitals and Clinics, Diagnostic Centers, and Payers)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Advanced Brain Monitoring, Inc.; BioDirection, Inc.; BrainScope Company, Inc.; InfraScan, Inc.; and Nova Signal Corporation.

Market Segment Insights:

High demand for early care and support to drive the market

Based on assessment, the market is bifurcated into diagnosis and treatment. The diagnosis segment is expected to hold a substantial share of the market, owing to early care and support requirements. The treatment segment is anticipated to grow at a rapid pace, owing to research and development activities.

Global Concussion Market taxonomy

Increasing demand for diagnostic centers to drive the market

On the basis of end-users, the market is categorized into hospitals and clinics, diagnostic centers, and payers. The diagnostic centers segment is expected to hold a large share of the market, owing to the test requirements by health providers.

R&D in North America to drive the market

In terms of regions, the concussion market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to register substantial CAGR during the forecast period. Growth of the region is attributed to research and development activities.

Segments

By Assessment

  • Diagnosis
    • Magnetic Resonance Imaging (MRI) Devices
    • Computed Tomography (CT) Scan
    • X-ray
    • Others
  • Treatment

By End-users

  • Hospitals and Clinics
  • Diagnostic Centers
  • Payers

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Advanced Brain Monitoring, Inc.
  • BioDirection, Inc.
  • BrainScope Company, Inc.
  • InfraScan, Inc.
  • Nova Signal Corporation

Competitive Landscape

Key players in the market include Advanced Brain Monitoring, Inc.; BioDirection, Inc.; BrainScope Company, Inc.; InfraScan, Inc.; and Nova Signal Corporation. These companies are considered as key players in the global concussion market based on their revenue, product offerings, and supply chain management system.

Players are adopting key strategies such as acquisition, collaborations, and geographical expansion to make use of potential opportunities in the global concussion market.

Global Concussion Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Concussion Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Concussion Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Concussion Market - Supply Chain
  4.5. Global Concussion Market Forecast
     4.5.1. Concussion Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Concussion Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Concussion Market Absolute $ Opportunity
5. Global Concussion Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Concussion Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Concussion Demand Share Forecast, 2019-2026
6. North America Concussion Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Concussion Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Concussion Demand Share Forecast, 2019-2026
7. Latin America Concussion Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Concussion Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Concussion Demand Share Forecast, 2019-2026
8. Europe Concussion Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Concussion Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Concussion Demand Share Forecast, 2019-2026
9. Asia Pacific Concussion Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Concussion Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Concussion Demand Share Forecast, 2019-2026
10. Middle East & Africa Concussion Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Concussion Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Concussion Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Concussion Market: Market Share Analysis
  11.2. Concussion Distributors and Customers
  11.3. Concussion Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Advanced Brain Monitoring, Inc.
     11.4.2. BioDirection, Inc.
     11.4.3. BrainScope Company, Inc.
     11.4.4. InfraScan, Inc.
     11.4.5. Nova Signal Corporation

By Assessment

  • Diagnosis
    • Magnetic Resonance Imaging (MRI) Devices
    • Computed Tomography (CT) Scan
    • X-ray
    • Others
  • Treatment

By End-users

  • Hospitals and Clinics
  • Diagnostic Centers
  • Payers

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Advanced Brain Monitoring, Inc.
  • BioDirection, Inc.
  • BrainScope Company, Inc.
  • InfraScan, Inc.
  • Nova Signal Corporation

Key players in the market include Advanced Brain Monitoring, Inc.; BioDirection, Inc.; BrainScope Company, Inc.; InfraScan, Inc.; and Nova Signal Corporation. These companies are considered as key players in the global concussion market based on their revenue, product offerings, and supply chain management system.

Players are adopting key strategies such as acquisition, collaborations, and geographical expansion to make use of potential opportunities in the global concussion market.

Global Concussion Market keyplayers

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