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Hydrocephalus Shunt Market Size
- Report ID: GMI9350
- Published Date: May 2024
- Report Format: PDF
Hydrocephalus shunt Market Size
Hydrocephalus Shunt Market size was valued at USD 460.5 Million in 2023 and is anticipated to showcase growth at 3.5% CAGR from 2024 – 2032. Increasing prevalence of congenital hydrocephalus, growing awareness towards surgical treatment of hydrocephalus, and availability of reimbursement coverage for hydrocephalus treatments is driving the growth in the hydrocephalus shunts market. Moreover, increasing geriatric population that is significantly prone to hydrocephalus is also driving the demand for hydrocephalus shunts globally.
A hydrocephalus shunt is a device utilized in managing hydrocephalus, a condition marked by the buildup of cerebrospinal fluid (CSF) in the brain's ventricles. This system comprises various parts intended to divert surplus CSF away from the brain to a different area of the body for natural absorption and processing. The condition is more prevalent among pediatric and geriatric population.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Hydrocephalus Shunt Market Size in 2023: | USD 460.5 Million |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 3.5% |
| 2032 Value Projection: | USD 615.3 Million |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 148 |
| Tables, Charts & Figures: | 265 |
| Segments covered: | Product, Procedure, Age Group, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Hydrocephalus Shunt Market Scope
