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Hydrocephalus Market Strategies and Opportunities Forecast 2022-28

11-02-2022 10:31 AM CET | Health & Medicine

Press release from: Precision Business Insights

Hydrocephalus Market Strategies and Opportunities Forecast

According to Precision Business Insights (PBI), latest report, the hydrocephalus market is expected to be valued at USD 7,340.4 million in 2022, growing at a 4.3% CAGR from 2022 to 2028. The primary driver of the expansion of the global Hydrocephalus market is the rise in the prevalence of hydrocephalus, increasing incidence of traumatic brain injuries, and continuous development of various techniques for hydrocephalus treatment.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/hydrocephalus-market/

Acquired hydrocephalus Segment to Dominate the Hydrocephalus Market:
Based on the type, the acquired hydrocephalus segment led the market in the historic period and is expected to retain its dominance over the forecast period. Acquired hydrocephalus occurs after birth when a tumor, injury, or disease blocks the absorption of cerebrospinal fluid in the brain. Nowadays, there is an increase in neurological disorders and diseases such as intraventricular hemorrhage, stroke, tumors, and many other types of CSF infections that can generate hydrocephalic conditions among patients. These factors would expect to lead to the growth of acquired hydrocephalus, consequently hydrocephalus market will have a chance to expand over the forecasted period.

North America Hydrocephalus Market:
North America is expected to dominate the global hydrocephalus market owing to huge investment in the research and development of Hydrocephalus treatment in the region, mainly in the USA. Furthermore, well-developed medical and healthcare establishments are some factors that will further propel the market growth in this region. Europe is also anticipated to have a significant growth rate due to a high prevalence of hydrocephalus in infants and making investments in advanced hydrocephalus treatment in this region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Hydrocephalus market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In June 2021, Anuncia Inc., an emerging leader in Cerebral Spinal Fluid (CSF) management, received U.S. Food and Drug Administration (FDA) advance device designation for its reflow system mini intended for the treatment of CSF disorders requiring shunting such as hydrocephalus.

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The hydrocephalus market is segmented based on type, diagnosis method, treatment, age group and geography.
Based on the type, the market is segmented into the following:
• Congenital Hydrocephalus
• Acquired Hydrocephalus
• Normal-Pressure Hydrocephalus
• Ex-Vacuo Hydrocephalus

Based on the diagnosis method, the market is segmented into the following:
• CT Scan,
• MRI,
• Head Ultrasound, and
• Others

Based on the age group, the market is segmented into the following:
• Neonate & Pediatrics and
• Adults

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

Request Methodology: https://precisionbusinessinsights.com/request-methodology?product_id=57665

Key players' profiles in the hydrocephalus market report are Christoph Miethke GmbH & Co. KG, G. Surgiwear Ltd., HLL Lifecare Limited, HpBio Próteses, Inc., Integra Life Sciences, Kaneka Medix Corporation, Medtronic plc, Natus Medical Incorporated, Spiegelberg GmbH & CO. KG, and Tokibo Co., Ltd.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 85278174

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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