Cerebrospinal Fluid (CSF) Management Market Size, Share & Trends | Industry Report, 2018-2026

-

The market is driven by the increase in investment in research and development in the field of cerebrospinal fluid management and increasing geriatric population worldwide.
Market Size – USD 1.45 billion in 2018, Market Growth - CAGR of 4.7%, Market Trends –Tremendous rise in the procedures of shunting and the increase in population of geriatric globally.
The Cerebrospinal Fluid Management market was valued at USD 1.45 Billion in 2018 and is expected to reach USD 2.11 Billion by 2026, at a CAGR of 4.7% during the forecast period. The increase in investment in research and development in the field of cerebrospinal fluid management and increasing geriatric population worldwide are key factors driving the growth of the market for managing cerebrospinal fluids.
The growth of the CSF management market is driven by factors such as the high hydrocephalus prevalence and subsequent increase in the number of shunting procedures and increased geriatric population.
Worldwide, there is a significant shortage of neurophysicists and neurochirurgists. With the fast - growing aging population, the current number of neurochirurgists is insufficient to meet the demand for health care.
Request for PDF Sample at: https://www.reportsanddata.com/sample-enquiry-form/1224
One of the biggest limitations is the inability to produce in the required amount of time a sufficient number of trained neurosurgeons. This lack of trained neurochirurgical professionals extends to North America, Europe, Asia Pacific, Latin America, and Africa.
Further key findings from the report suggest
  • The Cerebrospinal Fluid Management market was valued at USD 1.45 Billion in 2018 and is expected to reach USD 2.11 Billion by 2026, at a CAGR of 4.7% during the forecast period. The increase in investment in research and development in the field of cerebrospinal fluid management and increasing geriatric population worldwide are key factors driving the growth of the market for managing cerebrospinal fluids.
  • The market for hospitals is expected to grow the largest and is estimated to reach at USD 781.5 Million in 2026, at a CAGR of 5.4%, owing to large number of in-hospital cases related to cerebrospinal fluid management in elderly population. The market for Ambulatory Surgical Centers and Diagnostic Centers is expected to grow at the highest CAGR of 6.1% during the forecast period owing to the low cost in relation with surgery in the facility.
  • The market for shunts is estimated to reach USD 1065.1 Million in 2026, at a CAGR of 7.2%, during the forecast period. The increasing growth in the shunts market can be attributed primarily to the increasing number of worldwide shunting procedures and the increasing number of revision shunt surgeries.
  • The market for pediatric is expected to reach USD 663.6 Million in 2026, at a CAGR of 5.8% during the forecast period. This can be attributed primarily to the high prevalence of congenital hydrocephalus in the pediatric population along with the increasing number of shunting procedures.
  • The market for Asia Pacific (APAC) is expected to reach USD 634.7 Million in 2026, at a CAGR of 6.6%. Developing economies like Russia, India, Brazil, China, and South Africa are among the fastest growing hydrocephalus-based economies in the world. It is expected that the presence of such a huge patient base in this region, along with rising healthcare spending, will serve as an opportunity for players in the CSF management market.
  • The key players in the market are Dispomedica (Germany), Sophysa (France), Spiegelberg GmbH (Germany), Medtronic plc (Ireland), Integra LifeSciences (US), B. Braun (Germany), DePuy Synthes (US), Argi Grup (Turkey), Moller Medical (Germany), Sophysa (France and others.
Read more at: https://www.reportsanddata.com/report-detail/cerebrospinal-fluid-csf-management-market
Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of types, end use, patient type and regional analysis.
Types (Revenue, USD Million; 2016-2026)
  • Shunts
    • Ventriculoperitoneal Shunts
    • Ventriculoatrial Shunts
    • Lumboperitoneal Shunts
    • Ventriculopleural Shunts
    • Fixed Valve Shunts
    • Adjustable Valve Shunts
  • External Drainage Systems
    • External Ventricular Drainage Systems
    • Lumbar Drainage Systems
End Use (Revenue, USD Million; 2016-2026)
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others
Patient Type (Revenue, USD Million; 2016-2026)
  • Pediatric
  • Adult
  • Geriatric
Ask for Discount at: https://www.reportsanddata.com/discount-enquiry-form/1224
Region (Thousand, Units and Revenue, USD Million; 2016-2026)
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
Browse More Reports of Medical Devices Category At:  https://www.reportsanddata.com/report/category/medical-devices

Location: New York, NY, USA

Comments

Post a Comment

Popular posts from this blog

Medical Waste Management Market: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2026

-
Rise in elderly population, development of advanced manufacturing techniques for medical & drugs equipment, increasing initiative by government towards developing the healthcare infrastructure across the world, favorable research funding scenario, increase in health care expenditure, and rise in awareness regarding medical waste are key factors contributing to high CAGR of Medical Waste Management during forecast period. Market Size – USD 11.77 Billion in 2018, Market Growth - CAGR of 5.3%, Market Trends – Outsourcing of medical waste management services and growing health care industry According to the current analysis of Reports and Data, the global  Medical waste management market  was valued at USD 11.77 billion in 2018 and is expected to reach USD 17.89 billion by the year 2026, at a CAGR of 5.3%. The study talks about the growing population across the globe, which in turn increases the number of patients, resulting in the rising volume of medical waste. To id...
Read more

Automotive Repair & Maintenance service Market Size, Share & Trends | Industry Report, 2018-2026

-
Increasing safety requirements for passengers, especially in growing economies and increase in technological advancements are the major factors influencing market growth. Market Size – USD 516.14 billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –Rise in demand for electric vehicles. The global  Automotive Repair & Maintenance Service Market  is estimated to reach USD 810.30 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing need for passenger’s safety. Increase in awareness related to vehicle maintenance and safety is expected to drive the market. Increased road safety awareness among the general population, the average maintenance and repair expenses by an individual are anticipated to drive the market. Moreover, an increase in sales of used cars in many regions, especially in emerging economies; technological advancements pertaining to vehicle safety, are also fuelling market growth. Furthermo...
Read more

Tire Material Market: Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2026

-
The global  tire material market  is forecast to reach USD 110.76 Billion by 2026, according to a new report by Reports and Data. The market is rising rapidly as the sales of passenger cars are propelling mostly in the developing regions due to an increase in disposable earning. The overall vehicle sales globally have also increased substantially because of the technological advancements in the automotive industry. The rise in demand for green tires in Europe has helped the tire material market grow apace. The Asia Pacific region is forecasted to generate the highest revenue of USD 40.76 Billion in the year 2026, owing to its record increasing sales of passenger vehicles and two-wheelers segment in the developing economies such as India and Thailand. To identify the key trends in the industry, click on the link below:  https://www.reportsanddata.com/report-detail/tire-material-market
Read more