According to a new report published by Allied Market Research, titled, “Hydrocephalus Shunts Market by Type and Age Group: Opportunity Analysis and Industry Forecast, 2020–2027,” the global hydrocephalus shunts market size was valued at $0.29 billion in 2019 and is projected to reach $ 0.32 billion by 2027, registering a CAGR of 2.8% from 2020 to 2027.
The largest population affected by hydrocephalus is expected to be in North America. For example, according to statistics published by the Hydrocephalus Association in 2019, approximately 1 million people in the US are affected by hydrocephalus. It is estimated that there are 700,000 normal pressure hydrocephalic patients in the region.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/2682
Post COVID-19 Impact Analysis:
- The overall impact of COVID-19 pandemic is expected to remain moderate for medical device companies in the hydrocephalus shunt industry.
- Companies are currently facing a set-back, owing to the lockdown has led to disruptions in supply chain activities across the globe.
- Advent of disruptive technologies such as “eShunt system” are all set to propel the growth of hydrocephalus shunts market post pandemic.
Based on type, the hydrocephalus shunts market is segmented into ventriculo-peritoneal shunts, ventriculo-atrial shunts, ventriculo-pleural shunts, and lumbo-peritoneal shunts. The ventriculo-peritoneal (VP) shunt segment is expected to account for the largest revenue in the hydrocephalus shunt market during the forecast period.
Based on age group, the market is segmented into infants, children, and adults. The pediatric segment is expected to dominate the hydrocephalus shunt market during the forecast period. This is attributed to the fact that hydrocephalus is the most common cause of brain injuries in children, which is expected to encourage the use of hydrocephalus shunts in this age group.
Region wise, the hydrocephalus shunts market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is estimated to hold a significant share in the hydrocephalus shunt market followed by Europe.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/2682
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬:
- By type, the ventriculo-pleural shunt segment is projected to grow at the highest rate during the analysis period.
- By age group, the pediatric segment is expected to dominate the global hydrocephalus shunt market throughout the forecast period.
- By region, North America was the largest market in 2019 and is projected to maintain the lead during the forecast period.
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
The report provides an extensive competitive analysis and profiles of the key hydrocephalus shunts market players such as Christoph Miethke GmbH & Co. KG, G. Surgiwear Ltd., HLL Lifecare Limited, HpBio Próteses, Inc., Integra Life Sciences, Kaneka Medix Corporation, Medtronic plc, Natus Medical Incorporated, Spiegelberg GmbH & CO. KG and Tokibo Co., Ltd.
𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
3D Cell Culture Market
𝐀𝐕𝐄𝐍𝐔𝐄- 𝐀 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧-𝐁𝐚𝐬𝐞𝐝 𝐋𝐢𝐛𝐫𝐚𝐫𝐲 (𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐨𝐧-𝐝𝐞𝐦𝐚𝐧𝐝, 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧-𝐛𝐚𝐬𝐞𝐝 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐦𝐨𝐝𝐞𝐥) 𝐎𝐟𝐟𝐞𝐫𝐞𝐝 𝐛𝐲 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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