Press release
Global Hydrocephalus Shunt Market Research Report 2023
The global Hydrocephalus Shunt market was valued at US$ 213 million in 2022 and is anticipated to reach US$ 367.3 million by 2029, witnessing a CAGR of 8.0% during the forecast period 2023-2029.
Hydrocephalus Shunt Market
The Hydrocephalus Shunts market covers Adjustable Valves, Monopressure Valves, etc. The typical players include Medtronic, Johnson & Johnson, Integra LifeSciences, SOPHYSA, B.BRAUN, etc.
CSF diversion devices or shunts have been used successfully and have become the primary therapy for hydrocephalus treatment for nearly 60 years.
An implanted shunt diverts CSF from the ventricles within the brain or the subarachnoid spaces around the brain and spinal cord to another body region where it will be absorbed.
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Shunts typically consist of three major components:
An inflow (proximal or closer to the inflow site) catheter, which drains CSF from the ventricles or the subarachnoid space; this tube leaves the brain through a small hole in the skull and then runs for a short distance under the skin.
A valve mechanism, which regulates differential pressure or controls flow through the shunt tubing; this device is connected to the proximal catheter and lies between the skin and the skull, usually on top of the head or just behind the ear.
An outflow (distal or farther away from the inflow site) catheter, which runs under the skin and directs CSF from the valve to the abdominal (or peritoneal) cavity, heart or other suitable drainage site
Other shunt components may include reservoirs and/or chambers for CSF sampling or injecting medications or dyes, on/off devices, anti-siphon or other flow-compensating devices, or auxiliary catheters to modify performance or adapt the basic system to the patient's specialized needs. In selected cases (such as when cysts or subarachnoid fluid collections are drained), a shunt may not contain a valve or a very low resistance valve may be used.
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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global hydrocephalus shunts market include Medtronic, Johnson & Johnson, Integra LifeSciences, etc. The top 3 players occupy about 60% shares of the global market. North America is the main market, and occupies about 50% of the global market. Adjustable valves is the main type, with a share about 65%. Adult and child are two applications.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hydrocephalus Shunt, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrocephalus Shunt.
The Hydrocephalus Shunt market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Hydrocephalus Shunt market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrocephalus Shunt manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
Scope of Hydrocephalus Shunt Market Report
Segment by Type
Adjustable Valves
Monopressure Valves
Segment by Application
Adult
Child
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
By Company Medtronic, Integra LifeSciences, B.BRAUN, SOPHYSA
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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