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Hydrocephalus Shunt Market Trends

  • Report ID: GMI9350
  • Published Date: May 2024
  • Report Format: PDF

Hydrocephalus Shunt Market Trends

  • Ongoing advancements in shunt technology, including the development of programmable and adjustable shunts, are contributing to the adoption of complex hydrocephalus shunt surgeries. Advanced adjustable shunt technologies, like the Strata II (Medtronic plc) and M.blue valves (B. Braun Melsungen AG), are offering enhanced longevity, compatibility with MRI scans, and simplified adjustment procedures, eliminating the necessity for X-ray validation.
     
  • Vendors are giving priority to the advancement of advanced sensor systems capable of precisely detecting and controlling variations in CSF drainage to tailor drainage according to individual requirements. Additionally, there is an increasing emphasis among vendors on the creation of improved biocompatible materials to reduce the likelihood of shunt infections.
     
  • Recent advancements in various MRI systems and technologies including sagittal and coronal MRI, time-spatial labeling inversion pulse MRI, and phase-contrast MRI have demonstrated promising applicability in the diagnosis of normal pressure hydrocephalus, enabling early diagnosis and timely treatment using hydrocephalus shunting procedures.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global hydrocephalus shunt market size was valued at USD 460.5 million in 2023 and is anticipated to showcase 3.5% CAGR from 2024 – 2032, owing to the increasing prevalence of congenital hydrocephalus.

The ventriculoperitoneal segment in the market generated USD 401.6 million in 2023, due to their higher reliability specifically during the treatment of congenital hydrocephalus.

North America hydrocephalus shunt market held 40.2% revenue share in 2023 and is predicted to reach USD 238.7 million by 2032, driven by growing awareness towards hydrocephalus shunting procedures through awareness campaigns.

B. Braun Melsungen AG, CHRISTOPH MIETHKE GMBH & CO. KG, DESU MED?KAL A.?., G. Surgiwear Ltd., Hpbio, Integra LifeSciences Corporation, Kaneka Medix Corp., Luciole Medical AG, Medtronic plc, Natus Medical Incorporated, SOPHYSY and TKB Corporation

Hydrocephalus Shunt Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 265
  • Countries covered: 22
  • Pages: 148
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