Maryland Heights, MO, January 27, 2017 --(PR.com
)-- The cerebrospinal fluid management market is estimated to reach USD 1.6 Billion in 2020, growing at a CAGR of 5.6% from 2016 to 2020, due to globally rising geriatric population and opportunities in emerging healthcare economies. CSF shunts contributed to the largest share of the global market, while CSF drainage systems segment registered highest growth rate. By geography, North America dominated the overall market growth followed by Europe, while Asia Pacific region is likely to contribute higher growth rate during the forecast period from 2016-2020. Growing demand and awareness about the benefits of cerebrospinal fluid management products supports the high growth of the cerebrospinal fluid management market.
Browse Cerebrospinal Fluid Management Market by Product Type (CSF Shunts, CSF Drainage Systems - Ventricular Drainage System, Lumbar Drainage System) 2016-2020 report at https://www.ihealthcareanalyst.com/report/cerebrospinal-fluid-management-market/
The cerebrospinal fluid (CSF) serves a vital function in cerebral autoregulation of cerebral blood flow. Cerebrospinal fluid management products are primarily used for the treatment of hydrocephalus due to excessive accumulation of cerebrospinal fluid that can lead to rise in intracranial pressure. CSF diversion devices or shunts have been used successfully and have become the primary therapy for hydrocephalus treatment. There are two types of CSF shunt valves: fixed and adjustable. External drainage systems are intended to allow drainage and monitoring of cerebrospinal fluid from the lateral ventricles of the brain and the lumbar subarachnoid space to reduce intracranial pressure (ICP), to monitor intracranial pressure, to monitor cerebrospinal fluid, and to provide temporary drainage of CSF.
The global cerebrospinal fluid management market report provides market size estimates (Revenue USD million - 2013 to 2020) for key market segments based on CSF product type (CSF shunts, CSF drainage systems - ventricular drainage system, lumbar drainage system), and also forecasts growth trends (CAGR% - 2016 to 2020). The global cerebrospinal fluid management market research report is further segmented by geography into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World. The global cerebrospinal fluid management market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.
Major players operating in the global cerebrospinal fluid management market and included in this report are B. Braun Melsungen AG, BeckerSmith Medical, Inc., DePuy Synthes (J & J Company), Integra LifeSciences Holdings Corporation, Medtronic plc, Möller Medical, Sophysa S.A., and Spiegelberg GmbH & Co. KG
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