Hydrocephalus Shunts Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
CSF diversion devices or shunts have been used successfully and have become the primary therapy for hydrocephalus treatment for nearly 60 years.
An implanted shunt diverts CSF from the ventricles within the brain or the subarachnoid spaces around the brain and spinal cord to another body region where it will be absorbed.
Shunts typically consist of three major components:
An inflow (proximal or closer to the inflow site) catheter, which drains CSF from the ventricles or the subarachnoid space; this tube leaves the brain through a small hole in the skull and then runs for a short distance under the skin.
A valve mechanism, which regulates differential pressure or controls flow through the shunt tubing; this device is connected to the proximal catheter and lies between the skin and the skull, usually on top of the head or just behind the ear.
An outflow (distal or farther away from the inflow site) catheter, which runs under the skin and directs CSF from the valve to the abdominal (or peritoneal) cavity, heart or other suitable drainage site
Other shunt components may include reservoirs and/or chambers for CSF sampling or injecting medications or dyes, on/off devices, anti-siphon or other flow-compensating devices, or auxiliary catheters to modify performance or adapt the basic system to the patient\'s specialized needs. In selected cases (such as when cysts or subarachnoid fluid collections are drained), a shunt may not contain a valve or a very low resistance valve may be used.
Puerto Rico is the largest supplier of Hydrocephalus Shunts, with a production market share nearly 42.88%. Massachusetts is the second largest supplier of Hydrocephalus Shunts, enjoying production market share nearly 36.49%.
South is the largest consumption place, with a consumption market share nearly 37.61%. Following South region west is the second largest consumption place with the consumption market share of 23.55%.
Market competition is intense. Medtronic, Johnson & Johnson, Integra LifeSciences are the leaders of in the USA industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry.
The Global Hydrocephalus Shunts Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Hydrocephalus Shunts Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Medtronic
Johnson & Johnson
Integra LifeSciences
SOPHYSA
B.BRAUN
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Adjustable Valves
Monopressure Valves
In Market segmentation by applications :
Adult
Child
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Hydrocephalus Shunts Market for the forecast period 2023 - 2030?
• What are the driving forces in the Hydrocephalus Shunts Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Hydrocephalus Shunts industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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