Cerebral Spinal Fluid (CSF) Management Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4320
Cerebral Spinal Fluid (CSF) Management Market size is expected to grow significantly from 2019 to 2025.
Increasing adoption and demand of advanced cerebral spinal fluid (CSF) products along with technological advancements augments the cerebral spinal fluid (CSF) management market growth. Introduction to technologically advanced products in market has secured as well as improved overall patients’ convenience. Additionally, several products such as CSF shunts and CSF drainage systems are being launched in the business that should foster the cerebral spinal fluid (CSF) management industry growth. Increasing demand for detection of various health problems including spinal cord and brain thereby accelerates cerebral spinal fluid (CSF) management market growth. Furthermore, manufactures are focusing on different systems including ventricular and lumbar drainage system should further foster the business growth.
Favorable government regulations and FDA approval for the placement of CSF shunt systems to treat hydrocephalus will propel the cerebral spinal fluid (CSF) management industry growth. It is one of the important medical procedure and a life-saving treatment for several patients is expected to drive the demand for these systems. This shut system contains three main components including a valve, in-flow tube catheter and outflow catheter that further carries the fluid to the abdomen or heart. Above-mentioned aspects and favorable government regulations thus boosts the business growth. However, various treatment alternatives may impede the market growth during analysis timeframe.
CSF shunts segment is projected to show robust growth over the analysis period. The two types of CSF shunts include adjustable and fixed. Adjustable shunt allows change in the fluid that flows through the valve that foster the segmental growth. Additionally, such valves can be non-magnetic externally adjustable and magnetic externally adjustable thus accelerating demand for CSF shunts.
Pediatric segment will grow considerably during the forecast timeline. Rising number of shunting procedures that are being performed across the globe for pediatric population augments segmental growth. Moreover, pediatric population base has low and weak immune system that further raises the demand for such procedures.
Ambulatory surgical centers segment should show significant growth during the analysis timeline. These centers can manage patient health more precisely and accurately with available devices at such centers. Low cost and easy reimbursement schemes as compared to other clinics thereby boosts the segmental growth.
North America cerebral spinal fluid (CSF) management industry will account for profitable revenue share by 2025 owing to increasing government initiatives and FDA approval for various systems. Furthermore, strong foothold of industry players in this region along with improved healthcare infrastructure propel the regional growth.
Some of the notable industry players operating in cerebral spinal fluid (CSF) management market include B. Braun Melsungen, BeckerSmith Medical, Biometri, DePuy Synthes Companies, Dispomedica, Integra LifeSciences, Medtronic, Mller Medical, Sophysa and Spiegelberg. Business players functioning in this industry adopt several in-organic to have competitive edge over other players that should boost the industry growth.
Cerebral Spinal Fluid (CSF) Management Market By Product, 2014-2025 (USD Million)
- CSF Shunts
- Adjustable CSF Shunts
- Fixed CSF Shunts
- CSF Drainage Systems
- Lumbar Drainage System
- Ventricular Drainage System
Cerebral Spinal Fluid (CSF) Management Market By Patient Type, 2014-2025 (USD Million)
Cerebral Spinal Fluid (CSF) Management Market By End-use, 2014-2025 (USD Million)
- Ambulatory Surgical Centers
- Neurological Centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- B. Braun Melsungen AG
- BeckerSmith Medical, Inc.,
- DePuy Synthes Companies
- Dispomedica GmbH.
- Integra LifeSciences Corporation,
- Medtronic Plc.,
- Mller Medical GmbH
- Sophysa SA
- Spiegelberg GmbH & Co. KG
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