Hydrocephalus Shunts is a medical device used to treat brain conditions. These shunt devices relieve pressure on the brain caused by fluid accumulation. As per sources, in the United States, approximately 20,000 to 30,000 people witness disabilities due to traumatic brain injury. These increasing cases of brain injury will contribute the market growth in the North American region. It is anticipated that 1 to 2 of every 1000 babies is born with hydrocephalus globally. These rising cases of neurological disorders among children will drive the market growth in the forecast period.This growth is primarily driven by Rise In Prevalence Of Brain And Neurological Disorder and Increase In Geriatric Population.
Globally, a noticeable market trend is evident Advancements In Shunt Technology For Reducing Shunt Complications. Major Players, such as Medtronic plc (Ireland), Johnson & Johnson (United States), Integra LifeSciences Corporation (United States), Sophysa (France), B.Braun (Germany), Christoph Miethke GmbH & Co. KG (Germany), Tokibo Co., Ltd. (Japan), Spiegelberg GmbH & Co. KG (Germany), G. Surgiwear Ltd (India), HLL Lifecare Limited (India), Kaneka Medix Corporation (Japan) and Natus Medical Incorporated (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Rise In Prevalence Of Brain And Neurological Disorder
- Increase In Geriatric Population
- Advancements In Shunt Technology For Reducing Shunt Complications
- Shunt Malfunction And Shunt Infection
Increasing Adoption Of Advanced Programmable Valves and Rising Brain Injuries in Children
Serious Damages Caused By Infections And Malfunctions Of Existing Shunts
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