Press release
Conversational AI To Be The Driver For External Ventricular Drain Market
Various neurosurgical procedures have been enhanced with the incorporation of computer-assisted navigation using a combination of patient anatomy and imaging in external ventricular drains.
This technology has been incorporated for the placement of external ventricular drains. Insertion of external ventricular drains is an important procedure in neurological care units as these drains provide continuous intracranial pressure (ICP) monitoring and cerebrospinal fluid (CSF) diversion.
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Market Segmentation:
Based on indication
Hydrocephalus
Reye Syndrome
Subarachnoid Hemorrhage
Traumatic Brain Injury
Based on end user
Hospitals
Specialty Hospitals
Specialty Clinics
Based on geography
North America
Latin America
Europe
Asia Pacific excluding Japan
Japan
Middle-East & Africa
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The growing prevalence and recurrence of hydrocephalus and traumatic brain injury are expected to be the major factors driving the growth of the external ventricular drain market over the forecast period. Rise in the number of brain surgeries among children is also an important factor driving the growth of the external ventricular drain market.
For instance, in 2017, AsKis BioSciences, a leading innovator in surgical instrumentation, obtained clearance of CerebroFlo, a new external ventricular drain. It is the first external ventricular drain that has incorporated Endexo, a polymer additive, which is permanent in nature and has properties that reduce protein adhesion and activation.
The global market for external ventricular drains is expected to witness moderate growth over the forecast period. Among the four indications, the hydrocephalus and traumatic brain injury segment is expected to lead the global external ventricular drain market over the forecast period.
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The external ventricular drain market in Asia Pacific excluding Japan is expected to grow at a significant CAGR due to the expansion of product offerings by key players. Europe is expected to hold the second largest share in the global external ventricular drain market throughout the forecast period.
The global market for external ventricular drains is highly consolidated. Examples of some of the key players operating in the global external ventricular drain market include Medtronic plc, Integra Life Sciences Corporation, Spiegelberg GmbH & Co. KG, Johnson & Johnson Services, Inc. and Sophysa S.A., Zebra Medical, SILMAG, Arkis BioSciences Inc, Shandong Freda Medical Device Co., Ltd. and others.
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