Global Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Trends And Strategies Of Major Players In The Cerebrospinal Fluid Management (CSF) Devices And Equipment Market 2021-2030

26 Oct, 2021

The cerebrospinal fluid (CSF) management devices and equipment market consists of sales of cerebrospinal fluid (CSF) management devices and equipment and related services. CSF devices and equipment are used in the treatment of hydrocephalus, a condition of excessive accumulation of CSF within the head. Based on the product type, these devices are classified into CSF shunts and CSF drainage systems.

Global Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Size And Drivers:

The global cerebrospinal fluid management (CSF) devices and equipment market is expected to grow from $1.1 billion in 2020 to $1.2 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.5 billion in 2025 at a CAGR of 5.7%. The increase in the number of brain surgeries drives the market for cerebrospinal fluid (CSF) devices.

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Trends In The Global Cerebrospinal Fluid Management (CSF) Devices And Equipment Market

Implementing new and improved sensor is the latest trend in the cerebrospinal fluid devices market, this may provide the market with the much-needed boost to improve its growth rate while at the same time improving quality of the diagnosis. Treatment of Hydrocephalus, which is a condition where there is excess accumulation of CSF near the brain is a very complex process with many complications. High precision devices are required to improve the quality and success rate of shunt treatments, with the help of technology, new sensors and telemetry devices are being explored. A cutting-edge new sensor has been developed by the Rogers research group at Northwestern University, Illinois. Researchers at Northwestern believe that their latest skin sensor can greatly reduce malfunctions and the number of brain surgeries. The sensor uses body temperature readings to give information about how much cerebrospinal fluid is leaking. This sensor gives different heat signatures depending on whether the shunt is functional or not. This is a major development in the CSF market, the sensor also enables access to information which was previously inaccessible.

Global Cerebrospinal Fluid Management (CSF) Devices And Equipment Market Segments:
The global cerebrospinal fluid management (CSF) devices and equipment market is further segmented –
By Type: CSF Shunts, CSF Drainage Systems
By End User: Hospitals, Ambulatory surgical centers
By Age group: Pediatric, Adult, Geriatric
CSF Drainage Systems By Type: Ventricular Drainage System, Lumbar Drainage System
By Geography: The global cerebrospinal fluid management (CSF) devices and equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Cerebrospinal Fluid Management (CSF) Devices And Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cerebrospinal fluid management (CSF) devices and equipment market overviews, analyzes and forecasts market size and growth for the global cerebrospinal fluid management (CSF) devices and equipment market, cerebrospinal fluid management (CSF) devices and equipment market share, cerebrospinal fluid management (CSF) devices and equipment market players, cerebrospinal fluid management (CSF) devices and equipment market segments and geographies, cerebrospinal fluid management (CSF) devices and equipment market’s leading competitors’ revenues, profiles and market shares. The cerebrospinal fluid management (CSF) devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.