The most recent study conducted by Report Ocean, titled “Global Intracranial Hemorrhage Diagnosis & Treatment Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Intracranial Hemorrhage Diagnosis & Treatment. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Intracranial Hemorrhage Diagnosis & Treatment Market is valued approximately USD 1.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.98 % over the forecast period 2020-2027. Intracranial hemorrhage is caused due to the buildup of blood within the skull, that can increase in intracranial pressure. This pressure can damage brain tissues. Intracerebral hemorrhage (ICH) is also called cerebral bleed, that occurs in the brain or in the ventricles. It can also be caused by a skull fracture during childhood or adolescence or due to trauma or medical conditions such as cancer, tumour etc. The commonly used diagnostic tests for brain hemorrhage are MRI, cerebrospinal fluid exam, computed tomography angiography (CTA), angiogram, lumbar puncture, and X-rays.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The rise in incidence of traumatic brain injuries and increase in R&D spending are the major factors expected to drive the global Intracranial Hemorrhage Diagnosis & Treatment market. For instance: as per Statista, the expenditure on research and development by United States pharma companies was USD 79.6 billion in 2018 and has risen to USD 83 billion of expenditure by pharma member companies on R&D in 2019.
Similarly, the global spending on pharmaceutical research and development was USD 181 billion in 2018 and is projected to rise to USD 227 billion spending on pharmaceutical research and development in 2025. However, the complications associated with the treatment is the major factor restraining the growth of the global Intracranial Hemorrhage Diagnosis & Treatment market during the forecast period.
The regional analysis of global Intracranial Hemorrhage Diagnosis & Treatment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the well-developed healthcare sector, research spending, rapid adoption of advanced treatment, and the presence of leading players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Canon Inc.
Fujifilm Holdings Corporation
GE Healthcare
Hitachi Ltd.
Infrascan, inc.
Johnson & Johnson
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Koninklijke Philips N.V.
Medtronic plc
Siemens AG
Stryker Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Intracerebral Haemorrhage
Subarachnoid Bleeding
Epidural Hematoma
Subdural Blood Hematoma
By Diagnosis & Treatment:
Diagnosis
Treatment
Surgery
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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