Hydrocephalus Market Overview:
The expansion of the Hydrocephalus market Trends is being driven by an increase in the incidence of hydrocephalus in people and infants and an increase in life-threatening accidents and brain trauma in adults. According to MRFR, the market is estimated to capture USD 1,348.00 million at a CAGR of 4.4%.
Hydrocephalus is chronic, neurological condition characterized by excess accumulation of cerebrospinal fluid in the ventricles deep within the brain. The excess fluid accumulation increases the size of ventricles thereby putting pressure on the brain. The symptoms include headache, impaired vision, cognitive difficulties, incontinence, decline in memory and loss of coordination. The treatment mainly includes medication like diuretics, ventriculoperitoneal shunt and ventriculostomy.
Hydrocephalus Market Top Companies:
DePuy Synthes
Boston Neurosciences
Medtronic Plc
Integra Life Sciences Corporation
Spiegelberg GmbH & Co. KG
RAUMEDIC Inc
Sophysa SA
Terumo Corporation
Natus Medical Incorporated
Johnson & Johnson Services Inc
Hydrocephalus Market Segmental Analysis:
The hydrocephalus research Analysis points at the different segments of the Hydrocephalus Market. The Hydrocephalus Industry divides into categories based on type, diagnosis, treatment, and end-user.
By Type- By type, the primary segments of the market are congenital Hydrocephalus and acquired Hydrocephalus.
By diagnostic- By the way, Hydrocephalus is diagnosed, the Market divides into MRI, CT Scan, and head ultrasound.
By surgery- By the surgery that is used to cure the condition, the market disperses into shunt insertion procedure, ventriculostomy, and medication to balance CSF.
By end-user- The major end-user for the Market are hospitals, clinics, and diagnostics centers.
Hydrocephalus Market Regional Overview:
The American region is the largest market for hydrocephalus due to the presence of well-developed healthcare sector and rising prevalence of hydrocephalus. The Americas are divided into North America and South America. Globally, North America dominates the market owing to the presence of developed economies like Canada and United States in this region. Moreover, rising healthcare expenditure, growing pediatric population and increasing awareness of the disease fuels the market growth in this region.
Europe is the second largest market for hydrocephalus due to growing patient population, increasing research and development and increasing in pediatric population. On regional basis, Europe is divided into Eastern Europe and Western Europe. Eastern Europe is rapidly growing region followed by Western Europe.
Asia Pacific is projected to be the fastest growing region owing to the presence of developing economies like China, India, Australia and increasing expenditure in healthcare.
The Middle East and Africa is the least growing region in hydrocephalus market. The Middle East region makes majority of the market due to the presence of developed economies like Saudi Arabia, Dubai, Kuwait and other developed countries within the region. African region has least market share due to lack of awareness and poor economic conditions.
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