The global hydrocephalus shunts market reached US$ 433.6 Million in 2022. Looking forward, the publisher expects the market to reach US$ 561.8 Million by 2028, exhibiting a growth rate (CAGR) of 3.99% during 2023-2028.
Hydrocephalus shunts refer to a medical device used for treating a condition that occurs when fluid builds up in the brain and results in increased intracranial pressure within the skull. It is commonly available in valves, catheters, adjustable pressure valves and fixed pressure valve variants. It is a flexible tube placed into the brain area where cerebrospinal fluid (CSF) is produced. Hydrocephalus shunts consist of an inflow or proximal catheter that drains CSF from the lateral ventricles, a valve mechanism that regulates intracranial pressure by controlling fluid flow and an outflow or distal catheter that runs under the skin and directs CSF. It assists in soothing the tension on the cerebrum and returning the brain's enlarged ventricles to their actual size.
2. What is the expected growth rate of the global hydrocephalus shunts market during 2023-2028?
3. What has been the impact of COVID-19 on the global hydrocephalus shunts market?
4. What are the key factors driving the global hydrocephalus shunts market?
5. What is the breakup of the global hydrocephalus shunts market based on the type?
6. What is the breakup of the global hydrocephalus shunts market based on the product type?
7. What is the breakup of the global hydrocephalus shunts market based on the age group?
8. What is the breakup of the global hydrocephalus shunts market based on the end user?
9. What are the key regions in the global hydrocephalus shunts market?
10. Who are the key players/companies in the global hydrocephalus shunts market?
Hydrocephalus shunts refer to a medical device used for treating a condition that occurs when fluid builds up in the brain and results in increased intracranial pressure within the skull. It is commonly available in valves, catheters, adjustable pressure valves and fixed pressure valve variants. It is a flexible tube placed into the brain area where cerebrospinal fluid (CSF) is produced. Hydrocephalus shunts consist of an inflow or proximal catheter that drains CSF from the lateral ventricles, a valve mechanism that regulates intracranial pressure by controlling fluid flow and an outflow or distal catheter that runs under the skin and directs CSF. It assists in soothing the tension on the cerebrum and returning the brain's enlarged ventricles to their actual size.
Hydrocephalus Shunts Market Trends:
The increasing prevalence of brain and neurological disorders among the masses is one of the key factors driving the growth of the market. Hydrocephalus shunts are widely used due to the rising incidence of congenital abnormalities, brain and nerve injuries, accidents leading to central nervous system (CNS) defects and lifestyle diseases. Additionally, the increasing product demand to treat hydrocephalus among infants that could lead to enlargement of the head and damaging brain is favoring the market growth. Moreover, various technological advancements, such as the development of anti-siphon devices that assist in avoiding siphon effects over cerebrospinal fluid, are providing a thrust to the market growth. In line with this, the development of programmable valves for controlling the flow of cerebrospinal fluid and preventing it from moving in the wrong direction is positively impacting the market growth. Other factors, including significant growth in the healthcare industry, along with the implementation of various government initiatives to spread awareness regarding hydrocephalus shunts, are anticipated to drive the market toward growth further across the globe.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global hydrocephalus shunts market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product type, age group and end user.Breakup by Type:
- Ventriculo-Peritoneal
- Ventriculo-Atrial
- Ventriculo-Pleural
- Lumbo-Peritoneal
Breakup by Product Type:
- Hydrocephalus Valves
- Adjustable Pressure Valves
- Fix Pressure Valves
- Hydrocephalus Catheters
Breakup by Age Group:
- Infants
- Children
- Adults
Breakup by End User:
- Hospitals
- Ambulatory Surgical Centers
Breakup by Region:
North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Argi Group, B. Braun Melsungen AG, Christoph Miethke GmbH & Co. KG, G. Surgiwear Ltd., HLL Lifecare Limited, Integra LifeSciences, Kaneka Medix Corporation (Kaneka Corporation), Medtronic Plc, Natus Medical Incorporated, Sophysa, Spiegelberg GmbH & Co. KG (SHS Medizintechnik Holding GmbH) and TKB Corporation.Key Questions Answered in This Report
1. What was the size of the global hydrocephalus shunts market in 2022?2. What is the expected growth rate of the global hydrocephalus shunts market during 2023-2028?
3. What has been the impact of COVID-19 on the global hydrocephalus shunts market?
4. What are the key factors driving the global hydrocephalus shunts market?
5. What is the breakup of the global hydrocephalus shunts market based on the type?
6. What is the breakup of the global hydrocephalus shunts market based on the product type?
7. What is the breakup of the global hydrocephalus shunts market based on the age group?
8. What is the breakup of the global hydrocephalus shunts market based on the end user?
9. What are the key regions in the global hydrocephalus shunts market?
10. Who are the key players/companies in the global hydrocephalus shunts market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Hydrocephalus Shunts Market
6 Market Breakup by Type
7 Market Breakup by Product Type
8 Market Breakup by Age Group
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Argi Group
- B. Braun Melsungen AG
- Christoph Miethke GmbH & Co. KG
- G. Surgiwear Ltd.
- HLL Lifecare Limited
- Integra LifeSciences
- Kaneka Medix Corporation (Kaneka Corporation)
- Medtronic Plc
- Natus Medical Incorporated
- Sophysa
- Spiegelberg GmbH & Co. KG (SHS Medizintechnik Holding GmbH) and TKB Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 433.6 Million |
| Forecasted Market Value ( USD | $ 561.8 Million |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
