Rising Incidence Of Traumatic Brain Injuries Fuels Growth Of External Ventricular Drain Market: A Key Factor Shaping the Future of the External Ventricular Drain Market in 2025

What combination of drivers is leading to accelerated growth in the external ventricular drain market?
The increasing incidence of traumatic brain injuries (TBIs) is expected to drive the growth of the external ventricular drain market. TBIs can result from sports participation, vehicle accidents, or falls, and can lead to elevated intracranial pressure (ICP). External ventricular drains help reduce ICP by draining excess cerebrospinal fluid, aiding in brain injury recovery. In Florida, the age-adjusted death rate from TBI rose by 4.59% from 2021 to 2022, according to the Florida Department of Health. As a result, the rising incidence of TBIs is driving the external ventricular drain market.

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What is the projected compound annual growth rate (CAGR) of the external ventricular drain market from 2025 to 2034, and what factors influence it?
The external ventricular drain market has grown strongly in recent years. It will grow from $4.71 billion in 2024 to $5.02 billion in 2025, at a CAGR of 6.7%. This growth is attributed to advancements in neurosurgery, an increase in traumatic brain injuries, an aging population, and regulatory support and standardization in the field.

The external ventricular drain market is projected to grow steadily, reaching $6.46 billion by 2029 at a CAGR of 6.5%. The growth is driven by the rise in neurological disorders, demand for minimally invasive procedures, healthcare infrastructure expansion, and a focus on patient outcomes. Key trends include the adoption of minimally invasive techniques, advanced monitoring technologies, medical device innovations, antimicrobial external ventricular drains, and market expansion in emerging economies.

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How are the latest trends influencing the growth of the external ventricular drain market?
Companies in the external ventricular drain market are innovating advanced fluid management systems to improve the treatment of intracranial bleeding. These solutions enhance traditional drainage by incorporating features like active irrigation and real-time monitoring. For instance, in February 2022, IRRAS Inc., a US-based medical device company, launched the IRRAflow system, an advanced external ventricular drain that uses automated irrigation to prevent blockages and improve drainage. It provides step-by-step tutorials and advanced tracking, making it easier to treat critically ill patients with intracranial bleeding.

What are the major segments of the external ventricular drain market and their role in driving growth?
The external ventricular drain market covered in this report is segmented -

1) By Product: External Ventricular Drainage Set, Accessories
2) By Application: Traumatic Brain Injury, Intracranial Hemorrhage, Hydrocephalus, Other Applications
3) By End-User: Hospitals, Specialty Hospitals, Specialty Clinics, Other End-Users

Subsegments:
1) External Ventricular Drainage Set: Standard External Ventricular Drainage Set, Adjustable External Ventricular Drainage Set, Continuous External Ventricular Drainage Set
2) Accessories: Catheters, Pressure Monitoring Devices, Drainage Bags, Connecting Tubes

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Which geographical regions are pioneering growth in the external ventricular drain market?
North America was the largest region in the external ventricular drain market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the external ventricular drain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the external ventricular drain market?
Major companies operating in the external ventricular drain market are Medtronic Plc, B. Braun SE, Terumo Corporation, Getinge AB, Elekta AB, Integra LifeSciences, ABIOMED, Raumedic AG, Natus Medical Inc., Sophysa, Fuji Systems, Neuromedex GmbH, Ark BioSciences Inc., SILMAG S.A., Spiegelberg GmbH & Co. KG, Möller Medical GmbH, Dispomedica GmbH, IRRAS AB, Luciole Medical AG, Dispomedica GmbH

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What Is Covered In The External Ventricular Drain Global Market Report?

•Market Size Forecast: Examine the external ventricular drain market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the external ventricular drain market for a structured understanding.
•Key Players Overview: Analyze major players in the external ventricular drain market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the external ventricular drain market.
•Segment Contributions: Evaluate how different segments drive overall growth in the external ventricular drain market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the external ventricular drain market.
•Industry Challenges: Identify potential risks and obstacles affecting the external ventricular drain market.
•Competitive Landscape: Review strategic developments in the external ventricular drain market, including expansions, agreements, and new product launches.

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