The global cerebrospinal fluid management market is projected to reach USD 1.56 Billion by 2022 from an estimated USD 1.26 Billion in 2017, at a CAGR of 4.4% during the forecast period. The growth of this market is majorly driven by factors such as the growing geriatric population and the high prevalence of hydrocephalus and the subsequent increase in the number of shunting procedures.
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Major players in cerebrospinal fluid management market include Medtronic (Ireland), Integra (US), B. Braun (Germany), DePuy Synthes (US), Spiegelberg GmbH & Co. KG (Germany), SOPHYSA (France), Natus Medical (US), Dispomedica GmbH (Germany), Delta Surgical Limited (UK), Argi Grup (Turkey), Moller Medical GmbH (Germany), G. SURGIWEAR LTD. (India), and Wellong Instruments Co., Ltd.
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1 Global Cerebrospinal Fluid (CSF) Management Market: Market Overview
2 Cerebrospinal Fluid (CSF) Management Market, By End User and Region
3 Geographic Snapshot: Cerebrospinal Fluid (CSF) Management Market
4 Cerebrospinal Fluid (CSF) Management Market, By Product
Cerebrospinal fluid management market is segmented by product, end user, and region. Based on product, the market is segmented into shunts and external drainage systems.
Shunts market is expected to grow at the highest CAGR during forecast period. High growth in shunts market can be primarily attributed to the growing number of shunting procedures performed worldwide as well as the increasing number of revision shunt surgeries.
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Report analyzes cerebrospinal fluid management market and aims at estimating market size and future growth potential of this market based on various segments such as product, end user, and region. The report also includes the competitive analysis of key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.
List of Tables
Table 1 Prevalence of Congenital Hydrocephalus, 2012
Table 2 Population Aged 60 and Above, By Region, 2017
Table 3 Neurosurgery Workforce in Major Countries, 2016
Table 4 Cerebrospinal Fluid Management Market, By Product, 2015–2022 (USD Million)
Table 5 Cerebrospinal Fluid Management Shunts Market, By Region, 2015–2022 (USD Million)
Table 6 Differences Between the Types of CHF Shunts Available in the Market
Table 7 Cerebrospinal Fluid Management Shunts Market, By Type, 2015–2022 (USD Million)
Table 8 Ventriculoperitoneal Shunts Market, By Region, 2015–2022 (USD Million)
Global cerebrospinal fluid management market is segmented into pediatric, adult, and geriatric end users. The pediatric segment is expected to grow at the highest CAGR during the forecast period and this growth is attributed to the high prevalence of congenital hydrocephalus along with the rising number of shunting procedures performed in the pediatric population.
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Asia Pacific is expected to grow at the highest CAGR during the study period. Highest growth rate of the Asia Pacific market can be primarily attributed to high prevalence of congenital hydrocephalus in China, growing geriatric population in Japan, and increasing medical tourism in India and several Ro APAC countries.
Cerebrospinal Fluid Management Market, By End User
2 Pediatric End Users
3 Adult End Users
4 Geriatric End Users
Dearth of trained professionals and complications related to CSF shunts may challenge market growth to a certain extent during forecast period. For instance, in South Africa, there were 0.061 neurosurgeons per 100,000 people in 2016.
This unavailability of medical professionals in developing countries is likely to reduce the chances of diagnosis and treatment of conditions requiring CSF management.
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