The 7 major concussions markets reached a value of US$ 792.2 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,069.3 Million by 2034, exhibiting a growth rate (CAGR) of 2.76% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 792.2 Million |
Market Forecast in 2034
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US$ 1,069.3 Million |
Market Growth Rate 2024-2034
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2.76% |
The concussions market has been comprehensively analyzed in IMARC's new report titled "Concussions Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". A concussion refers to a form of traumatic brain injury that occurs when the head or body experiences a sudden impact or jolt, causing the brain to move rapidly within the skull. This movement can result in the brain twisting or bouncing, thereby damaging the brain cells and disrupting the brain's normal functioning. The most common symptoms are headache, confusion, dizziness, memory loss, nausea or vomiting, sensitivity to light or noise, changes in mood or behavior, etc. Various other indications may include difficulty concentrating, fatigue, sleep disturbances, balance problems, etc. In some cases, symptoms may not appear for several hours or days after the injury. Diagnosing a concussion typically involves a review of the indications, medical history, and circumstances surrounding the injury. A neurological exam may be performed to assess brain function, including tests of reflexes, coordination, and balance. In some cases, numerous imaging studies, such as CT scans and MRIs, may be suggested to rule out more serious injuries, including skull fractures or bleeding in the brain.
The increasing cases of sports injury, particularly in contact sports like football, hockey, soccer, etc., are primarily driving the concussions market. In addition to this, the rising incidence of several risk factors, such as motor vehicle accidents, physical assault, blast injuries, falls, etc., is also bolstering the market growth. Moreover, the escalating usage of over-the-counter and prescription medications, including non-steroidal anti-inflammatory drugs (NSAIDs) and selective serotonin reuptake inhibitors, to manage specific symptoms associated with a concussion, such as headaches, nausea, anxiety, depression, or sleep disturbances, is creating a positive outlook for the market. Besides this, the inflating utilization of vision therapy for improving visual function and reducing various indications, such as double vision, blurred vision, difficulty tracking moving objects, etc., is also augmenting the market growth. Furthermore, the emerging popularity of numerous technology-assisted rehabilitation therapies, including virtual reality therapy and computer-based cognitive training, on account of their several associated benefits, such as personalized treatment, increased engagement, remote monitoring, timely intervention, etc., is expected to drive the concussions market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the concussions market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for concussions and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the concussions market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current concussions marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Concussions: Current Treatment Scenario, Marketed Drugs and Emerging Therapies