Global Cerebrospinal Fluid Management Devices Market Size is expected to have a market value of USD 2,104.66 Million till 2027. Hydrocephalus is an abnormal accumulation of cerebrospinal fluid (CSF) within cavities in the brain called ventricles.
The global cerebrospinal fluid management devices market is expected to grow at a steady rate owing to the increasing incidence rate of hydrocephalus cases and increasing initiatives by the public as well as private companies operating in the market.
The global cerebrospinal fluid management devices market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa.
The Americas led the market and accounted for the largest share in 2019, owing to the presence of major market players, developed healthcare infrastructure, high awareness, and availability of advanced treatment options. Also, a favorable reimbursement scenario for CSF treatment surgeries is fueling the growth of this region in the cerebrospinal fluid management devices market.
Global Cerebrospinal Fluid Management Devices Market has been segmented based on Device Product, Age Group, and End User. The market, based on the product, has been segmented into shunts & valves, critical care products, dural sealants, and others. The market, based on age group, has been categorized into pediatric, adult, and geriatric.