Global Concussion Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Concussion Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global concussion market has been segmented on the basis of assessment & treatment, as well as regions and countries.

Overview:

A concussion is a mild Traumatic Brain Injury (TBI). It can occur after an impact to your head or after a whiplash-type injury that can cause your head and brain to shake quickly back and forth. A concussion results in an altered mental state that may include becoming unconscious.

Dynamics:

The steady increase in the number of sports injuries, violent crimes and road accidents, as well as the increase in the geriatric populations across the world, who tend to be more susceptible to these types of injuries, are some of the primary factors that are expected to continue to fuel the revenue growth of the global concussion market over the next 10 years. Additionally, the gradual increase in the number of research activities concerning concussion diagnosis and treatment being undertaken by key industry players is a factor that is also slated to compliment the future market growth of the global concussion market.

The incorporation of various technological advancements in concussion evaluation devices, as well as innovations to rapid point-of-care concussion tests and eye tracking-based concussion diagnostic devices is another factor that is expected to fuel the revenue growth of the global concussion market over the next decade.

In light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global concussion industry is no different, and this factor is expected to negatively impact the revenue growth of this sector.

Nonetheless, increasing investments being made by key industry players towards the development of improved and more efficient concussion diagnostic and treatment devices. This is another factor that is anticipated to further augment the revenue growth of the global concussion market in the foreseeable future.

Segmentation of the global concussion market is as follows:

In terms of assessment & treatment, the treatment segment accounted for the maximum number of revenue shares of the global concussion market in 2020, and is expected to index the highest CAGR over the next decade. The diagnostic segment is slated to index a considerable rate of revenue growth over the forecast period.

Regional Segmentation and Analysis:

North America accounted for the highest number of revenue shares of the global concussion market in 2020, and is slated to register considerable revenue growth in the coming years. This can be attributed to the factors such as the increase in the number of accidents and injuries, as well as the implementation of numerous government initiatives to increase the awareness levels among individuals of this region. However, the markets in the Asia Pacific region are anticipated to register the highest CAGR over the next decade.

Segmentation of the Global Concussion Market:

Segmentation by Assessment & Treatment:

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

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA