A concussion is a traumatic brain injury that affects memory, judgment, reflexes, speech, balance and muscle management. Individuals with concussions often report a brief duration of amnesia or forgetfulness, where they cannot remember what happened directly before or after the injury.
The growing number of road accidents and sports injuries, coupled with the increasing vulnerable aging populace, are foremost factors propelling the market. In addition, growing the research activities on concussion diagnosis and treatment as well as the implementation of technologically improved products are few other factors underwriting to market growth.
Key companies are accepting several strategies to augment their market share, likewise strategic collaborations and new product launches. Companies are engaging in the partnerships, mergers and acquisition focusing to strengthen their product portfolio producing capacities and deliver the competitive diversity. Not only has this, in order to augment their market penetration, emerging entities are also trying to advance technologically improved products.
Abbott Laboratories, Brain Scope Company Inc., Compumedics Limited, InfraScan Inc., Integra Life Sciences Holdings Corporation, NanoDx Inc., Nihon Kohden Corporation, Nova Signal Corp. among others are the key companies which recently working in the concussion market more efficiently for keep maintaining the governing position, leading the highest market growth, ruling around the globe, registering the great value of market share, generating the highest percentage of revenue and obtaining the competitive edge.
The report on Global Concussion Market 2022-2028 provides in-depth analysis and insights concerning the present global market scenario, latest trends and drivers into global concussion market. It proposes an exclusive insight into several details such as market size, key trends, competitive insight, growth rate and market segments. This study also delivers an analysis of the impact of the COVID-19 crisis on the concussion industry.
In addition, this industry report offers market predicts and forecasts of the global market, followed by a comprehensive analysis of the type, end user, and region. The global market for concussion can be classified by type: treatment, diagnosis. The diagnosis segment controlled the largest revenue share during 2021. Concussion market is further segmented by end user: hospital and clinics, diagnostic centers, others. Based on region, the concussion market is sectored into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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North America registered the market and registered for the greatest revenue share during the recent past years. This is due to the higher incidence of concussions owing to the road accidents and sports injuries in the continent, growing government initiatives and awareness campaigns concerning concussion prevention, treatment and diagnosis. In addition, Asia Pacific region is projected to observe speedy growth due to an increment to an augment in expenditure on the healthcare development which may be a game-changer for the concession market.
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Global Concussion Market: Ken Research
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