Latest Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Growth Study 2022-2026 By The Business Research Company
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The cerebrospinal fluid, management (CSF) devices and equipment market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of 4%, as per The Business Research Company’s market report!
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The Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Size In 2022 And Forecast
The global cerebrospinal fluid, management (CSF) devices and equipment market grew from $0.86 billion in 2021 to $0.92 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cerebrospinal fluid management (CSF) devices and equipment market is expected to grow to $1.07 billion in 2026 at a CAGR of 4.0%.
The cerebrospinal fluid (CSF) management devices and equipment market consist of sales of cerebrospinal fluid (CSF) management devices and equipment and related services.
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Increase In The Number Of Brain Surgeries Is Driving The Growth Of The Cerebrospinal Fluid management (CSF) Devices And Equipment Market
In the United States, one of the leading causes of death is TBI and approximately 1.5 to 2 million adults and children suffer a traumatic brain injury (TBI) each year. Among the 1.1 million who face head injury, 235,000 individuals will be hospitalized with a moderate to severe head injury while approximately 50,000 face death. However, a majority of them will have a mild injury that does not require admission to the hospital. With such an increase in the number of brain injuries, the CSF devices market will continue to grow.
Competitive Landscape And The Regional Analysis Of The Cerebrospinal Fluid Management (CSF) Devices And Equipment Market
Major players in the cerebrospinal fluid, management (CSF) devices and equipment market are B. Braun, DePuy Synthes, Integra Life Sciences, Medtronic, Sophysa, BeckerSmith Medical Inc, Möller Medical GmbH, Spiegelberg GmbH & Co. KG, Dispomedica GmbH, and Terumo Corporation.
Additionally, as per TBRC’s research – North America was the largest region in the cerebrospinal fluid, management (CSF) devices and equipment market in 2021 holding the largest market share.
The Cerebrospinal Fluid Management (CSF) Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cerebrospinal fluid, management (CSF) devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cerebrospinal fluid, management (CSF) devices and equipment market.
Implementing New And Improved Sensors – A Key Trend In The Cerebrospinal Fluid Management (CSF) Devices And Equipment Market
this may provide the market with the much-needed boost to improve its growth rate while at the same time improving the quality of the diagnosis. Treatment of Hydrocephalus, which is a condition where there is an excess accumulation of CSF near the brain is a very complex process with many complications. High precision devices are required to improve the quality and success rate of shunt treatments, with the help of technology, new sensors, and telemetry devices are being explored.
Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Segmentation By The Business Research Company
1) By Type: CSF Shunts, CSF Drainage Systems
2) By End User: Hospitals, Ambulatory surgical centers
3) By Age group: Pediatric, Adult, Geriatric
4) CSF Drainage Systems By Type: Ventricular Drainage System, Lumbar Drainage System
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