External Ventricular Drain Market

External Ventricular Drain Market Size, Share, Growth Analysis, By Application(Traumatic Brain Injury, Subarachnoid Hemorrhage, Intracerebral Hemorrhage, Other Non-traumatic Hydrocephalus Conditions), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35A2210 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

External Ventricular Drain Market Insights

Market Overview:

The global market for external ventricular drain was valued at USD 5.3 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 7.6% from 2020 to 2027. The market growth is primarily driven by the increasing incidence of neurological disorders and traumatic brain injuries resulting from road accidents. Moreover, the rising adoption of technologically advanced products and increasing research activities are also expected to contribute towards the market growth.

External Ventricular Drain Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for External Ventricular Drain was estimated to be valued at US$ XX Mn in 2021.

The External Ventricular Drain Market is estimated to grow at a CAGR of XX% by 2028.

The External Ventricular Drain Market is segmented on the basis of Application, Regional.

Based on region, the External Ventricular Drain Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the External Ventricular Drain Market are Spiegelberg GmbH & Co. KG, Medtronic, Sophysa, Dispomedica GmbH, Integra LifeSciences, Möller Medical GmbH, B. Braun Melsungen AG, Fuji Systems.

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External Ventricular Drain Market

Report ID: UCMIG35A2210

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