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Ventricular Drainage Devices Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, China, Canada, UK - Size and Forecast 2024-2028

Ventricular Drainage Devices Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, China, Canada, UK - Size and Forecast 2024-2028

Published: Jul 2024 138 Pages SKU: IRTNTR73578

Market Overview at a Glance

$217.5 Mn
Market Opportunity
7.09%
CAGR
6.5
YoY growth 2023-2024(%)

Ventricular Drainage Devices Market Size 2024-2028

The ventricular drainage devices market size is forecast to increase by USD 217.5 million, at a CAGR of 7.09% between 2023 and 2028.

  • The market is experiencing significant growth, driven by the increasing prevalence of brain surgeries and the expansion of neurology specialty hospitals and clinics. Brain surgeries, particularly those involving traumatic injuries or tumors, often necessitate the use of ventricular drainage devices to manage cerebrospinal fluid buildup and prevent complications. This trend is further fueled by the growing number of neurology hospitals and clinics, which cater to the specialized medical needs of neurological patients. However, the market faces challenges, including the high costs associated with brain surgeries and ventricular drainage devices. These expenses can limit access to care for some patients, particularly those without adequate insurance coverage or financial resources.
  • Additionally, the development of alternative treatments and technologies, such as endoscopic procedures and minimally invasive devices, may pose a threat to the market's growth. Companies in this market must navigate these challenges by focusing on cost reduction strategies, collaborating with healthcare providers to offer affordable financing options, and investing in research and development to create innovative, cost-effective solutions. By addressing these challenges and capitalizing on the growing demand for ventricular drainage devices, market participants can effectively position themselves for long-term success.

What will be the Size of the Ventricular Drainage Devices Market during the forecast period?

Ventricular Drainage Devices Market Size

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.  
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The market continues to evolve, driven by advancements in technology and growing applications across various sectors. Neurological monitoring, shunt revision surgery, and ventricular access ports are integral components of hydrocephalus treatment, which is a primary application of these devices. CSF flow dynamics play a crucial role in ensuring effective drainage, particularly in managing obstructive hydrocephalus. The ongoing unfolding of market activities includes the development of shunt systems with improved shunt series resistance, valve malfunction detection, and pressure monitoring catheters. Post-operative care and catheter patency are essential considerations, with infection control protocols and drainage flow rate optimization playing key roles. Surgical approaches and implantation techniques are continually evolving, with a focus on minimally invasive procedures and gravitational drainage systems.

Ventricular shunt malfunctions, catheter occlusion, and device longevity remain significant challenges, leading to ongoing research and development efforts. CSF diversion procedures, such as ventriculoperitoneal shunts, offer alternative solutions. Complication management, infection prevention, and fluid pressure regulation are ongoing priorities, with advancements in drainage tube material and subcutaneous reservoirs contributing to improved patient outcomes. Drainage system maintenance and ICP monitoring technology further enhance the effectiveness and safety of these devices.

How is this Ventricular Drainage Devices Industry segmented?

The ventricular drainage devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Product
    • Ventricular drainage accessories
    • Ventricular drainage systems
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • UK
    • APAC
      • China
    • Rest of World (ROW)

By Product Insights

The ventricular drainage accessories segment is estimated to witness significant growth during the forecast period.

Ventricular drainage devices are integral to managing hydrocephalus, a neurological condition characterized by the abnormal accumulation of cerebrospinal fluid (CSF) in the ventricles of the brain. These devices include ventricular access ports, external ventricular drains, and programmable valve systems. The market is witnessing significant advancements in shunt technology, with a focus on improving shunt series resistance for efficient CSF flow dynamics. Neurological monitoring during shunt revision surgery is crucial for detecting valve malfunctions and catheter occlusions, ensuring effective hydrocephalus treatment. Companies are innovating to address drainage device complications, such as catheter-associated infections and infection control. They are developing infection control protocols, pressure monitoring catheters, and infection prevention strategies, including antimicrobial coatings and subcutaneous reservoirs.

Drainage system maintenance is another area of focus, with companies offering drainage tube materials that ensure catheter patency and longevity. Surgical approaches to implantation techniques continue to evolve, with a shift towards minimally invasive procedures and gravitational drainage systems. CSF drainage systems and diversion procedures are also gaining popularity for their effectiveness in managing obstructive hydrocephalus. Valve malfunction detection and programmable valve settings are essential features in ensuring proper fluid pressure regulation and complication management. Ventriculoatrial shunts and ventriculoperitoneal shunts remain the primary treatment options for hydrocephalus. However, the market is witnessing a trend towards advanced shunt systems that offer improved patient outcomes and reduced complications.

Companies are investing in research and development to address the challenges of shunt infection prevention and device longevity.

Ventricular Drainage Devices Market Size

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The Ventricular drainage accessories segment was valued at USD 291.00 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Ventricular Drainage Devices Market Share by Geography

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The North American market for ventricular drainage devices is poised for steady expansion, fueled by several factors. The region's growing elderly population, rising incidence of neurological disorders such as traumatic brain injury and brain tumors, and a substantial presence of major industry players are key driving forces. According to the Centers for Disease Control and Prevention (CDC), approximately 795,000 Americans experience a new or recurrent stroke each year, and about 610,000 are diagnosed with a new stroke. The increasing prevalence of conditions like diabetes, obesity, and high cholesterol is expected to further fuel the rising incidence of neurological disorders.

In response to this trend, there is a growing focus on advanced ventricular drainage devices, including those with improved shunt series resistance, neurological monitoring capabilities, and valve malfunction detection systems. These devices aim to enhance patient care, minimize complications, and optimize fluid pressure regulation during shunt revision surgeries and post-operative care. Additionally, there is a growing emphasis on infection control protocols, catheter patency, and drainage system maintenance to mitigate catheter-associated infections. Surgical approaches, such as implantation techniques and gravitational drainage, continue to evolve, as do CSF drainage systems and CSF diversion procedures. The market's longevity and success hinge on effective complication management, including the prevention and treatment of ventricular shunt malfunctions, ventriculoatrial shunts, and shunt infections.

Programmable valve settings and catheter occlusion detection systems are also gaining traction to improve device performance and patient outcomes.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Ventricular Drainage Devices Industry?

  • The rising prevalence of brain surgeries serves as the primary market driver, underpinned by advancements in neurotechnology and growing awareness and acceptance of neurosurgical procedures. 
  • CSF drainage systems play a crucial role in managing hydrocephalus and other neurological conditions that require cerebrospinal fluid (CSF) diversion procedures. The increasing prevalence of traumatic brain injuries (TBIs) due to various reasons, including chronic conditions and road accidents, drives the demand for these devices. In the US, for instance, about 2 million people are injured in motor vehicle crashes each year, according to the Centers for Disease Control and Prevention (CDC). CSF drainage systems, including ventriculoperitoneal shunts and ventriculoatrial shunts, help manage the buildup of CSF and reduce intracranial pressure. However, these devices come with risks such as infection and complications.
  • Therefore, there is a growing focus on shunt infection prevention and complication management. Device longevity is another critical factor influencing the market dynamics. The market is expected to grow as the need for effective CSF drainage systems continues to increase due to the rising incidence of TBIs and other neurological conditions.

What are the market trends shaping the Ventricular Drainage Devices Industry?

  • The growing trend in healthcare involves the expansion of neurology specialty hospitals and clinics. This sector is experiencing significant growth, with a heightened focus on providing specialized care for neurological conditions.
  • Neurology hospitals and rehabilitation centers are witnessing significant growth due to the rising number of neurological disorders and traumatic brain injuries (TBIs) leading to brain surgeries. Hospitals, governments, and private organizations are investing in advanced care facilities to cater to this increasing patient population. For instance, the Barrow Neurological Institute offers intensive day programs and outpatient rehabilitation services for older adolescents and adults recovering from brain surgeries. Ventricular drainage devices play a crucial role in managing conditions such as obstructive hydrocephalus and intracranial pressure (ICP) disorders. These devices facilitate CSF flow dynamics and enable neurological monitoring through ICP monitoring technology.
  • External ventricular drains and ventricular access ports are commonly used drainage devices. Despite their benefits, ventricular drainage devices come with potential complications, including infection, hemorrhage, and shunt series resistance. Shunt revision surgery may be necessary to address these complications. To minimize risks, proper insertion techniques, regular maintenance, and timely intervention are essential. Innovations in ICP monitoring technology and shunt design continue to improve the safety and efficacy of ventricular drainage devices. These advancements aim to reduce complications and enhance patient outcomes.

What challenges does the Ventricular Drainage Devices Industry face during its growth?

  • The escalating costs linked to brain surgeries represent a significant barrier to the expansion of the healthcare industry. 
  • The global market for ventricular drainage devices is driven by the increasing incidence of brain disorders and the subsequent need for advanced treatments, such as hydrocephalus treatment. These devices play a crucial role in post-operative care by facilitating fluid pressure regulation and catheter patency. Pressure monitoring catheters enable real-time detection of valve malfunctions, ensuring effective treatment and reducing the risk of complications. However, the market is challenged by the high costs associated with brain surgeries and the risk of catheter-associated infections.
  • The use of advanced materials, such as silicone and polyurethane, in the manufacture of drainage tubes and subcutaneous reservoirs, enhances the durability and functionality of these devices. Despite these challenges, the market is expected to grow due to the increasing demand for minimally invasive procedures and the development of technologically advanced devices.

Exclusive Customer Landscape

The ventricular drainage devices market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the ventricular drainage devices market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Ventricular Drainage Devices Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, ventricular drainage devices market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Acandis GmbH - This company specializes in manufacturing ventricular drainage devices, designed for implantation to facilitate the removal of excessive cerebrospinal fluid to alternative body locations. These medical devices enhance patient recovery by alleviating intracranial pressure.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Acandis GmbH
  • B.Braun SE
  • BIOMEDICA ITALIA S.R.L.
  • Calon Cardio Technology Ltd.
  • Delta
  • Desu Medical
  • Fuji Systems Co. Ltd.
  • Integra Lifesciences Corp.
  • IRRAS AB
  • LivaNova PLC
  • Medtronic Plc
  • Moller Medical GmbH
  • Natus Medical Inc.
  • Neuromedex GmbH
  • Salvavidas Pharmaceutical Pvt. Ltd.
  • Silmag
  • Sophysa
  • Spiegelberg GmbH and Co. KG
  • Wellona Pharma
  • Yushin Medical Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Ventricular Drainage Devices Market

  • In January 2024, Medtronic plc, a global healthcare solutions company, announced the FDA approval of its IntellaSite Model 7100 Ventricular Drainage System. This advanced system utilizes real-time CSF pressure monitoring to optimize drainage and reduce complications (Medtronic Press Release, 2024).
  • In March 2024, Stryker Corporation entered into a strategic partnership with Integra LifeSciences to expand its neuro and spine portfolio. The collaboration included the acquisition of Integra's neuro and spine business, which included ventricular drainage devices, enhancing Stryker's presence in the neuro market (Stryker Press Release, 2024).
  • In April 2025, Covidien plc, a global healthcare leader, received CE Mark approval for its new Hydrocephalus Shunt System, which includes a programmable ventricular drainage component. This system offers remote programming capabilities, improving patient care and reducing hospital visits (Covidien Press Release, 2025).
  • In May 2025, Smith & Nephew plc, a leading medical device manufacturer, announced the acquisition of ArthroCare Corporation's Neuro and Spine business. This acquisition included the Neuro2 ProGAVe Ventricular Drainage System, expanding Smith & Nephew's neuro and spine portfolio (Smith & Nephew Press Release, 2025).

Research Analyst Overview

  • The market encompasses innovative designs in drainage system architecture, focusing on durability and effective CSF pressure control. Shunt valve mechanisms continue to evolve, enhancing neurological recovery and surgical outcomes. Drainage tube diameter and material properties are crucial factors in shunt failure diagnosis and long-term outcomes. Icp waveform analysis and diagnostic imaging aid in assessing shunt performance and infection risk factors. Complication rates, including tissue response and implantation site selection, are under constant scrutiny.
  • Clinical trials and patient selection criteria are essential for evaluating treatment efficacy and system reliability. Valve durability and device biocompatibility remain key considerations in hydrocephalus management. Maintenance protocols and device safety are paramount in ensuring quality of life for patients.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Ventricular Drainage Devices Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

138

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.09%

Market growth 2024-2028

USD 217.5 million

Market structure

Fragmented

YoY growth 2023-2024(%)

6.5

Key countries

US, Germany, China, Canada, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this Ventricular Drainage Devices Market Research and Growth Report?

  • CAGR of the Ventricular Drainage Devices industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the ventricular drainage devices market growth of industry companies

We can help! Our analysts can customize this ventricular drainage devices market research report to meet your requirements.

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1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Product
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Ventricular Drainage Devices Market 2018 - 2022
      • Historic Market Size - Data Table on Global Ventricular Drainage Devices Market 2018 - 2022 ($ million)
    • 4.2 Product segment analysis 2018 - 2022
      • Historic Market Size - Product Segment 2018 - 2022 ($ million)
    • 4.3 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.4 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Chart on Product - Market share 2023-2028 (%)
      • Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Chart on Comparison by Product
      • Data Table on Comparison by Product
    • 6.3 Ventricular drainage accessories - Market size and forecast 2023-2028
      • Chart on Ventricular drainage accessories - Market size and forecast 2023-2028 ($ million)
      • Data Table on Ventricular drainage accessories - Market size and forecast 2023-2028 ($ million)
      • Chart on Ventricular drainage accessories - Year-over-year growth 2023-2028 (%)
      • Data Table on Ventricular drainage accessories - Year-over-year growth 2023-2028 (%)
    • 6.4 Ventricular drainage systems - Market size and forecast 2023-2028
      • Chart on Ventricular drainage systems - Market size and forecast 2023-2028 ($ million)
      • Data Table on Ventricular drainage systems - Market size and forecast 2023-2028 ($ million)
      • Chart on Ventricular drainage systems - Year-over-year growth 2023-2028 (%)
      • Data Table on Ventricular drainage systems - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Product
      • Market opportunity by Product ($ million)
      • Data Table on Market opportunity by Product ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 8.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 8.4 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 8.5 Asia - Market size and forecast 2023-2028
      • Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 8.7 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 8.8 Germany - Market size and forecast 2023-2028
      • Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 8.9 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 8.10 Canada - Market size and forecast 2023-2028
      • Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 8.11 UK - Market size and forecast 2023-2028
      • Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Chart on UK - Year-over-year growth 2023-2028 (%)
      • Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 8.12 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Opportunity/Restraints

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 9.4 Market opportunities/restraints

          10 Competitive Landscape

          • 10.1 Overview
            • 10.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 10.3 Landscape disruption
              • Overview on factors of disruption
            • 10.4 Industry risks
              • Impact of key risks on business

            11 Competitive Analysis

            • 11.1 Companies profiled
              • Companies covered
            • 11.2 Market positioning of companies
              • Matrix on companies position and classification
            • 11.3 B.Braun SE
              • B.Braun SE - Overview
              • B.Braun SE - Business segments
              • B.Braun SE - Key news
              • B.Braun SE - Key offerings
              • B.Braun SE - Segment focus
            • 11.4 Desu Medical
              • Desu Medical - Overview
              • Desu Medical - Product / Service
              • Desu Medical - Key offerings
            • 11.5 Fuji Systems Co. Ltd.
              • Fuji Systems Co. Ltd. - Overview
              • Fuji Systems Co. Ltd. - Product / Service
              • Fuji Systems Co. Ltd. - Key offerings
            • 11.6 Integra Lifesciences Corp.
              • Integra Lifesciences Corp. - Overview
              • Integra Lifesciences Corp. - Business segments
              • Integra Lifesciences Corp. - Key news
              • Integra Lifesciences Corp. - Key offerings
              • Integra Lifesciences Corp. - Segment focus
            • 11.7 Medtronic Plc
              • Medtronic Plc - Overview
              • Medtronic Plc - Business segments
              • Medtronic Plc - Key news
              • Medtronic Plc - Key offerings
              • Medtronic Plc - Segment focus
            • 11.8 Natus Medical Inc.
              • Natus Medical Inc. - Overview
              • Natus Medical Inc. - Product / Service
              • Natus Medical Inc. - Key offerings
            • 11.9 Neuromedex GmbH
              • Neuromedex GmbH - Overview
              • Neuromedex GmbH - Product / Service
              • Neuromedex GmbH - Key offerings
            • 11.10 Silmag
              • Silmag - Overview
              • Silmag - Product / Service
              • Silmag - Key offerings
            • 11.11 Sophysa
              • Sophysa - Overview
              • Sophysa - Product / Service
              • Sophysa - Key offerings
            • 11.12 Spiegelberg GmbH and Co. KG
              • Spiegelberg GmbH and Co. KG - Overview
              • Spiegelberg GmbH and Co. KG - Product / Service
              • Spiegelberg GmbH and Co. KG - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 12.4 Research methodology
                • Research methodology
              • 12.5 Data procurement
                • Information sources
              • 12.6 Data validation
                • Data validation
              • 12.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 12.8 Data synthesis
                • Data synthesis
              • 12.9 360 degree market analysis
                • 360 degree market analysis
              • 12.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Frequently Asked Questions

              Ventricular Drainage Devices market growth will increase by $ 217.5 mn during 2024-2028 .

              The Ventricular Drainage Devices market is expected to grow at a CAGR of 7.09% during 2024-2028 .

              Ventricular Drainage Devices market is segmented by Product( Ventricular drainage accessories, Ventricular drainage systems)

              Acandis GmbH, B.Braun SE, BIOMEDICA ITALIA S.R.L., Calon Cardio Technology Ltd., Delta, Desu Medical, Fuji Systems Co. Ltd., Integra Lifesciences Corp., IRRAS AB, LivaNova PLC, Medtronic Plc, Moller Medical GmbH, Natus Medical Inc., Neuromedex GmbH, Salvavidas Pharmaceutical Pvt. Ltd., Silmag, Sophysa, Spiegelberg GmbH and Co. KG, Wellona Pharma, Yushin Medical Co. Ltd. are a few of the key vendors in the Ventricular Drainage Devices market.

              North America will register the highest growth rate of 40% among the other regions. Therefore, the Ventricular Drainage Devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

              US, Germany, China, Canada, UK

              • Increasing prevalence of brain surgeriesThe rising number of emergency department visits due to brain TBI boosts the demand for ventricular drainage devices. The probability of TBI incidence tends to increase owing to the increasing prevalence of chronic conditions such as Alzheimer's and osteoporosis and the growing number of road accidents. Moreover is the driving factor this market.
              • in children is the driving factor this market.
              • TBI cases are increasing owing to sports and other outdoor activities is the driving factor this market.
              • which are leading to injuries. Also is the driving factor this market.
              • the increasing number of road accidents contributes to the rising number of brain surgeries. For instance is the driving factor this market.
              • according to the CDC is the driving factor this market.
              • about 2 million people are injured due to motor vehicle crashes in the US. Factors such as drunk driving and speeding are the common causes of the high incidence of road accidents in developed countries such as the US. Moreover is the driving factor this market.
              • the increasing awareness and other activities by public and private organizations to develop an effective treatment for brain conditions such as glioblastoma and brain tumors are expected to increase the demand for ventricular drainage devices. According to the National Institutes of Health (NIH) is the driving factor this market.
              • owing to the Brain Tumor Awareness Month is the driving factor this market.
              • about 24 is the driving factor this market.
              • 000 people in the US are expected to undergo a diagnosis of brain cancer by the end of 2019. The higher incidence of brain tumors will increase the need for ventricular drainage devices in safe and effective surgeries to improve the survival rate of people with brain cancer. For instance is the driving factor this market.
              • for glioblastoma is the driving factor this market.
              • the 5-year survival rate is 15%. Also is the driving factor this market.
              • the increasing prevalence of strokes is expected to fuel the need for ventricular drainage devices. Strokes are recorded to be the second leading cause of disability. Such conditions require the use of ventricular drainage devices to drain CSF during surgical procedures performed for the treatment of stroke. Also is the driving factor this market.
              • according to the CDC is the driving factor this market.
              • about 610 is the driving factor this market.
              • 000 new stroke events are recorded every year in the US. Therefore is the driving factor this market.
              • the rising number of road accidents and the increasing prevalence of TBI and brain disorders lead to an increasing need for brain surgeries is the driving factor this market.
              • which will drive the global ventricular drainage devices market. is the driving factor this market.

              The Ventricular Drainage Devices market vendors should focus on grabbing business opportunities from the Ventricular drainage accessories segment as it accounted for the largest market share in the base year.