Hydrocephalus Shunts Market Overview
Hydrocephalus is a neurological disease in which the ventricles and choroid plexus fill with cerebrospinal fluid. It is caused by a discrepancy in the rate of generation and absorption of cerebrospinal fluid. The accumulation of cerebrospinal fluid causes the ventricle to grow and the pressure inside the brain to rise. The most common treatment for hydrocephalus is neurological or hydrocephalus shunting, which involves the implantation of catheters and valves to drain the excess cerebrospinal fluid accumulated in the brain. Additionally, neuronavigation systems aid in the proper placement of these implants. The global Hydrocephalus Shunts market is projected to rise at a considerable rate in the years to come.
The global hydrocephalus shunts market is expected to be driven by an increase in the number of hydrocephalus surgeries, a rise in the prevalence of hydrocephalus among infants, and a high demand for neurosurgical equipment and accessories for chronic illness management.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Product, Age Group, End User, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | B. Braun Melsungen AG, Medtronic, Sophysa, Integra LifeSciences Corporation, Spiegelberg GmbH & Co. KG, DePuy Synthes (Johnson & Johnson), Anuncia, Fuji Systems Corp., Kaneka Medix Corp., Christoph Miethke GmbH & Co. KG. |
Covid-19 Impact on Hydrocephalus Shunts Market
In addition, the current Hydrocephalus Shunts Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Hydrocephalus Shunts Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Hydrocephalus Shunts Market Segment Overview
According to Product, the valves segment is anticipated to account for the major hydrocephalus shunts market share in the forecast period. This is due to the rise in demand for valves for hydrocephalus shunting and the availability of an extensive range of products in the market. Moreover, based on the Age Group, the infant segment is estimated to enlarge at the fastest CAGR during the forecast period. This is because of the increase in the occurrence of hydrocephalus among infants and the rise in the importance of treatment of hydrocephalus.
Hydrocephalus Shunts Market, By Product
- Valves
- Fixed
- Adjustable
- Catheters
- Neuronavigation Systems
- Others
Hydrocephalus Shunts Market, By Age Group
· Infants
· Toddlers
· Children
· Adults
Hydrocephalus Shunts Market, By End User
· Hospitals
· Ambulatory Surgical Centers
Hydrocephalus Shunts Regional Overview
Region-Wise, North America holds the major share in the global hydrocephalus shunts market and it is expected that this region shows remarkable growth in the forecasted period. The market for hydrocephalus shunts in the region is being driven by an increase in the number of patients with the condition and a growing focus on the treatment of neurological illnesses in both adults and children. Moreover, the hydrocephalus shunts market in Europe is projected to grow at a rapid pace in the coming years. This is due to technological improvements in the field of neurology, research projects undertaken by many neurological centers & research institutes, and large demand for hydrocephalus shunts in countries such as Germany, France, and the U.K. As well, the hydrocephalus shunts market in the Asia Pacific is anticipated to enlarge at the fastest CAGR in the forecast period. Important factors such as the rise in awareness about the use of neurological systems to treat hydrocephalus and the increase in the number of neurological diagnostic and treatment services in developing countries such as India are majorly contributing towards the growth of the market in this region.
Hydrocephalus Shunts Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Hydrocephalus Shunts Market, Key Players
· B. Braun Melsungen AG
· Medtronic
· Sophysa
· Integra LifeSciences Corporation,
· Spiegelberg GmbH & Co. KG
· DePuy Synthes (Johnson & Johnson)
· Anuncia
· Fuji Systems Corp.
· Kaneka Medix Corp.
· Christoph Miethke GmbH & Co. KG.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Hydrocephalus Shunts market?
The global hydrocephalus shunts market is expected to be driven by an increase in the number of hydrocephalus surgeries, a rise in the prevalence of hydrocephalus among infants, and high demand for neurosurgical equipment and accessories for chronic illness management
Q2. Which Segments are covered in the global Hydrocephalus Shunts market report?
Product, Age Group, End User, and Region. these segments are covered in the global Hydrocephalus Shunts market report
Q3. Which segment is projected to hold the largest share in the global Hydrocephalus Shunts market. ?
Valves segments are projected to hold the largest share in the global Hydrocephalus Shunts market.
Q4. Which region holds the largest share in the global Hydrocephalus Shunts market?
North America held the largest share in the global Hydrocephalus Shunts market.
Q5. Which are the prominent players in the global Hydrocephalus Shunts market?
B. Braun Melsungen AG, Medtronic, Sophysa, Integra LifeSciences Corporation, Spiegelberg GmbH & Co. KG, DePuy Synthes (Johnson & Johnson), Anuncia, Fuji Systems Corp., Kaneka Medix Corp., Christoph Miethke GmbH & Co. KG. are some key players in the global Hydrocephalus Shunts market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Hydrocephalus Shunts Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Valves
- 5.2.1.1. Fixed
- 5.2.1.2. Adjustable
- 5.2.2. Catheters
- 5.2.3. Neuronavigation Systems
- 5.2.4. Others
- 5.2.1. Valves
- 5.3. Market Analysis, Insights and Forecast – By Age Group
- 5.3.1. Infants
- 5.3.2. Toddlers
- 5.3.3. Children
- 5.3.4. Adults
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals
- 5.4.2. Ambulatory Surgical Centers
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Hydrocephalus Shunts Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Valves
- 6.2.1.1. Fixed
- 6.2.1.2. Adjustable
- 6.2.2. Catheters
- 6.2.3. Neuronavigation Systems
- 6.2.4. Others
- 6.2.1. Valves
- 6.3. Market Analysis, Insights and Forecast – By Age Group
- 6.3.1. Infants
- 6.3.2. Toddlers
- 6.3.3. Children
- 6.3.4. Adults
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Hospitals
- 6.4.2. Ambulatory Surgical Centers
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Hydrocephalus Shunts Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Valves
- 7.2.1.1. Fixed
- 7.2.1.2. Adjustable
- 7.2.2. Catheters
- 7.2.3. Neuronavigation Systems
- 7.2.4. Others
- 7.2.1. Valves
- 7.3. Market Analysis, Insights and Forecast – By Age Group
- 7.3.1. Infants
- 7.3.2. Toddlers
- 7.3.3. Children
- 7.3.4. Adults
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Hospitals
- 7.4.2. Ambulatory Surgical Centers
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Hydrocephalus Shunts Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Valves
- 8.2.1.1. Fixed
- 8.2.1.2. Adjustable
- 8.2.2. Catheters
- 8.2.3. Neuronavigation Systems
- 8.2.4. Others
- 8.2.1. Valves
- 8.3. Market Analysis, Insights and Forecast – By Age Group
- 8.3.1. Infants
- 8.3.2. Toddlers
- 8.3.3. Children
- 8.3.4. Adults
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Hospitals
- 8.4.2. Ambulatory Surgical Centers
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Hydrocephalus Shunts Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Valves
- 9.2.1.1. Fixed
- 9.2.1.2. Adjustable
- 9.2.2. Catheters
- 9.2.3. Neuronavigation Systems
- 9.2.4. Others
- 9.2.1. Valves
- 9.3. Market Analysis, Insights and Forecast – By Age Group
- 9.3.1. Infants
- 9.3.2. Toddlers
- 9.3.3. Children
- 9.3.4. Adults
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Hospitals
- 9.4.2. Ambulatory Surgical Centers
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. B. Braun Melsungen AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Medtronic
- 10.6. Sophysa
- 10.7. Integra LifeSciences Corporation,
- 10.8. Spiegelberg GmbH & Co. KG
- 10.9. DePuy Synthes (Johnson & Johnson)
- 10.10. Anuncia
- 10.11. Fuji Systems Corp.
- 10.12. Kaneka Medix Corp.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model