External Ventricular Drain Market Size, Trends, Analysis, and Outlook By Product (Exernal Ventricular Drainage Set, Accessories), By Application (Traumatic Brain Injury, Intracranial Haemorrhage, Hydrocephalus, Others), By End-User (Hospitals, Ambulatory

External Ventricular Drain Market Size, Trends, Analysis, and Outlook By Product (Exernal Ventricular Drainage Set, Accessories), By Application (Traumatic Brain Injury, Intracranial Haemorrhage, Hydrocephalus, Others), By End-User (Hospitals, Ambulatory Surgery Centers), by Region, Country, Segment, and Companies, 2024-2030

The global External Ventricular Drain market size is poised to register 6.59% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global External Ventricular Drain market across By Product (Exernal Ventricular Drainage Set, Accessories), By Application (Traumatic Brain Injury, Intracranial Haemorrhage, Hydrocephalus, Others), By End-User (Hospitals, Ambulatory Surgery Centers).

The external ventricular drain (EVD) market is witnessing steady growth driven by the rising incidence of neurological disorders, increasing demand for minimally invasive neurosurgical procedures, and technological advancements in EVD devices. External ventricular drains are medical devices used to relieve intracranial pressure and drain cerebrospinal fluid (CSF) in patients with hydrocephalus, traumatic brain injury, intracranial hemorrhage, and other neurosurgical conditions. Factors such as the growing geriatric population, rising prevalence of traumatic brain injuries and strokes, and advancements in neurocritical care and neurosurgery techniques are driving market expansion. Additionally, the development of EVD systems with integrated monitoring capabilities, such as intracranial pressure monitoring and CSF drainage control, is improving patient outcomes and reducing the risk of complications. Moreover, increasing adoption of minimally invasive neurosurgical procedures, advancements in imaging modalities for precise placement of EVD catheters, and the availability of EVD kits with antimicrobial coatings for infection prevention are driving market growth. Furthermore, initiatives to improve healthcare infrastructure in emerging economies, rising healthcare expenditure, and the expansion of neurocritical care units in hospitals are expected to contribute to market growth in the coming years.

External Ventricular Drain Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The External Ventricular Drain market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of External Ventricular Drain survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the External Ventricular Drain industry.

Key market trends defining the global External Ventricular Drain demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

External Ventricular Drain Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The External Ventricular Drain industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support External Ventricular Drain companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the External Ventricular Drain industry

Leading External Ventricular Drain companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 External Ventricular Drain companies.

External Ventricular Drain Market Study- Strategic Analysis Review

The External Ventricular Drain market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

External Ventricular Drain Market Size Outlook- Historic and Forecast Revenue in Three Cases

The External Ventricular Drain industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

External Ventricular Drain Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America External Ventricular Drain Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various External Ventricular Drain market segments. Similarly, Strong end-user demand is encouraging Canadian External Ventricular Drain companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico External Ventricular Drain market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe External Ventricular Drain Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European External Ventricular Drain industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European External Ventricular Drain market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific External Ventricular Drain Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for External Ventricular Drain in Asia Pacific. In particular, China, India, and South East Asian External Ventricular Drain markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America External Ventricular Drain Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa External Ventricular Drain Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East External Ventricular Drain market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for External Ventricular Drain.

External Ventricular Drain Market Company Profiles

The global External Ventricular Drain market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Braun Melsungen Ag, Cadila Pharmaceuticals, Dispomedica Gmbh, Fuji Systems, Geistlich Pharma Inc, Integra Life Sciences Corp, Johnson & Johnson, Medtronic Plc, Moller Medical Gmbh, Pfizer Inc, Sophysa, Spiegelberg Gmbh & Co. Kg

Recent External Ventricular Drain Market Developments

The global External Ventricular Drain market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

External Ventricular Drain Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Product

Exernal Ventricular Drainage Set

Accessories

By Application

Traumatic Brain Injury

Intracranial Haemorrhage

Hydrocephalus

Others

By End-User

Hospitals

Ambulatory Surgery Centers (ASCs)

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Braun Melsungen Ag

Cadila Pharmaceuticals

Dispomedica Gmbh

Fuji Systems

Geistlich Pharma Inc

Integra Life Sciences Corp

Johnson & Johnson

Medtronic Plc

Moller Medical Gmbh

Pfizer Inc

Sophysa

Spiegelberg Gmbh & Co. Kg

Formats Available: Excel, PDF, and PPT