The worldwide acute exterior ventricular drain market was estimated to be USD 278.5 Million in 2024 and is predicted to achieve USD 650.7 Million by 2035, with a CAGR of 8.02% through the forecast interval 2025-2035
The market will develop attributable to a number of components, together with rising neurological dysfunction incidence, technological developments, elevated demand for neurosurgical procedures, improved consciousness and analysis, and favorable reimbursement insurance policies.
The demand for EVD programs is pushed by a rise in neurosurgeries introduced on by an increase in problems like trauma, cerebrovascular accidents, and infections of the central nervous system. In developed areas, healthcare insurance coverage and reimbursement applications can decrease prices for individuals in want of EVD procedures, which is able to spur market growth.
The great educational well being college in Texas, U.S., UTHealth Houston, for instance, introduced in Might 2023 that it had obtained practically US$ 13 million in federal grant funds to analysis therapies for traumatic mind harm, which kills 190 individuals on common and hospitalizes one other 600 daily in the USA.
North American area is anticipated to have the best income share through the forecast interval owing to the well-established healthcare infrastructure, excessive prevalence of neurological problems like traumatic mind accidents and hydrocephalus, important healthcare spending, and the presence of key market gamers driving innovation and availability of superior EVD programs within the area.
Moreover, the Asia Pacific area is predicted to develop on the quickest CAGR through the forecast interval owing to the quickly enhancing healthcare infrastructure, rising consciousness of neurological circumstances, rising healthcare expenditure, and a rising variety of mind harm circumstances attributable to site visitors accidents and getting old populations, particularly in international locations like China and India. As an example, the U.S. FDA permitted up to date EVD programs with improved security options equivalent to infection-resistant catheters.
By indication, the traumatic mind harm section accounted for the best revenue-grossing section within the world acute exterior ventricular drain market in 2024 owing to the rising incidence of highway accidents, sports activities accidents, and falls, that are main causes of traumatic mind accidents requiring rapid intervention by way of EVD to alleviate intracranial stress.
As an example, Integra LifeSciences reported optimistic medical and monetary leads to July 2023 for the Codman Bactiseal Exterior Ventricular Drain (EVD) catheter used to deal with hydrocephalus, a consequence of aneurysmal subarachnoid hemorrhage (aSAH). Moreover, the posterior fossa tumor section is predicted to develop on the quickest CAGR through the forecast interval owing to the rising prevalence of mind tumors positioned within the posterior fossa area, requiring EVD programs for surgical intervention and managing post-operative problems like hydrocephalus.
By affected person kind, the grownup section accounted for the best revenue-grossing section within the world acute exterior ventricular drain market in 2024 owing to the upper prevalence of circumstances equivalent to traumatic mind accidents, strokes, and aneurysms within the grownup inhabitants, which regularly necessitate using EVD programs.
As an example, the medical expertise firm Luciole Medical AG, which focuses on specialist catheters and measuring probes for neurosurgical functions, bought Spiegelberg shares from the German healthcare company SHS Capital in June 2023. Moreover, the pediatric section is predicted to develop on the quickest CAGR through the forecast interval owing to the rising circumstances of pediatric hydrocephalus, notably in neonates and infants with congenital mind problems or mind hemorrhages, driving demand for EVD programs in pediatric care.
By end-user, the hospital’s section accounted for the best revenue-grossing section within the world acute exterior ventricular drain market in 2024 owing to the supply of superior neurosurgical infrastructure, extremely skilled specialists, and elevated affected person admissions for extreme neurological circumstances in hospitals.
As an example, in Might of 2023 the event of clever EVD programs by firms equivalent to Integra LifeSciences that incorporate intracranial stress (ICP) monitoring. By providing real-time knowledge, these applied sciences improve medical outcomes and decrease guide interventions. Moreover, the ambulatory surgical procedure facilities section is predicted to develop on the quickest CAGR through the forecast interval owing to the rising desire for minimally invasive neurosurgical procedures, shorter hospital stays, and cost-effective remedy choices offered by ambulatory surgical procedure facilities.
Key Attributes:
Report Attribute
Particulars
No. of Pages
200
Forecast Interval
2023 – 2034
Estimated Market Worth (USD) in 2023
$278.5 Million
Forecasted Market Worth (USD) by 2034
$650.7 Million
Compound Annual Progress Fee
8.0%
Areas Lined
International
Report Scope:
Base 12 months: 2024
Forecast Interval: 2025-2035
Research Protection
Market Forecast by Indication, Affected person Sort, and Finish-Person
Market Forecast for five Areas and 17+ Nations
North America (U.S. and Canada)
Europe (Germany, France, UK, Spain, Italy, Russia, Remainder of Europe)
Asia Pacific (China, Japan, India, Australia, South Korea, Remainder of APAC)
Latin America (Brazil, Mexico, Argentina, Remainder of LATAM)
MEA (South Africa, GCC, Remainder of MEA)
20% Free Customization Accessible to Meet Your Precise Requirement.
Exhaustive Firm Profiles of the Prime 10+ Main Market Gamers
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