The External Ventricular Drain Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the External Ventricular Drain Market?
The market size of the External Ventricular Drain has experienced substantial growth in recent years. In 2024, it was $4.71 billion and is projected to increase to $5.02 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 6.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the External Ventricular Drain Industry?
The External Ventricular Drain Market is predicted to reach a market size of $6.46 billion in 2029, expanding at a Compound Annual Growth Rate (CAGR) of 6.5%.
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What are the Key Growth Drivers Fueling the External Ventricular Drain Market?
The drivers in the external ventricular drain market are:
• Advances in neurosurgical procedures
• Increasing prevalence of traumatic brain injuries
• Growing aging population
• Regulatory support and standardization in the medical field
Global Market Segmentation: Identifying Major External Ventricular Drain Industry Segments
The external ventricular drain market covered in this report is segmented –
1) By Product: External Ventricular Drainage Set, Accessories
2) By Application: Traumatic Brain Injury, Intracranial Hemorrhage, Hydrocephalus, Other Applications
3) By End-User: Hospitals, Specialty Hospitals, Specialty Clinics, Other End-Users
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What are the emerging Trends Shaping the Future of the External Ventricular Drain Market?
The trends in the external ventricular drain market are:
• The increasing adoption of minimally invasive techniques is a prominent emerging trend.
• The integration of advanced monitoring technologies is shaping the future of the market.
• There is a growing trend in the innovation of medical device designs.
• The development of external ventricular drains with antimicrobial properties is a significant forthcoming trend.
Who Are the Top Competitors & Leading Players in the External Ventricular Drain Market?
The major players in the external ventricular drain market are:
• Medtronic Plc
Regional Dominance: Which Area Leads the Global External Ventricular Drain Market Insights 2025: Size, Share, Trends & Strategic Forecast Market?
North America was the largest region in the external ventricular drain market in 2023
