On the basis of region presence, neurosurgical drainage devices market is segmented into seven key regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia pacific excluding Japan, Japan, Middle East and Africa.
In regions such as North America and Europe, the prevalence of hydrocephalus (congenital and infantile) in is predicted to be 0.5 to 0.8 per 1000 individuals. Developing regions such as Asia and Latin America will generate more demand for neurosurgical drainage devices due to better allocation of healthcare funds. According to National Hydrocephalus Foundation, approximately 75,000 discharges a year from U.S. hospitals with a diagnosis of hydrocephalus. Due to the above factors neurosurgical drainage device market is expected to register significant growth during forecasted period.
Some of the key market players in neurosurgical drainage devices market are Medtronic plc., B. Braun Melsungen AG, Johnson and Johnson, Integra LifeSciences Corporation, Spiegelberg GmbH & Co. KG, Howard Butler (HOBUT) Ltd.
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