Global External Ventricular Drain Market 2024-2028
The external ventricular drain market is forecasted to grow by USD 2.28 bn during 2023-2028, accelerating at a CAGR of 6.07% during the forecast period. The report on the external ventricular drain market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in elderly population, rise in road accidents, and rise in number of people suffering from neurological disorders.
Technavio's external ventricular drain market is segmented as below:
By Product
- EVD system
- EVD catheter and accessories
By Application
- Traumatic brain injury
- Other non-traumatic hydrocephalus conditions
- Subarachnoid hemorrhage
- Intracerebral hemorrhage
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advancements to improve ventricular drainage as one of the prime reasons driving the external ventricular drain market growth during the next few years. Also, increasing funding for neurology research and increasing product launches and acquisitions by market vendors will lead to sizable demand in the market.
The report on the external ventricular drain market covers the following areas:
- External ventricular drain market sizing
- External ventricular drain market forecast
- External ventricular drain market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading external ventricular drain market vendors that include Fuji Systems, Integra Lifesciences Corp., Koc Holding AS, Luciole Medical AG, Medtronic Plc, Moller Medical GmbH, Natus Medical Inc., Neuromedex GmbH, Sophysa, and Salvavidas. Also, the external ventricular drain market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.