New York, NY, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “External Ventricular Drain Market By Indication (Posterior Fossa Tumor, Hematomas Posterior Fossa, IV Ventricle Obstruction, Cranial Injuries, Subdural Hematomas, Meningitis, Subarachnoid Hemorrhage into CSF, and Others) and By End-User (Pediatric Care Center, Neurology Hospitals, Nursing Home, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global external ventricular drain market was USD 2,014 million in 2018 and is expected to generate around USD 2,770 million by 2025, growing at a CAGR of around 4.73 % between 2019 and 2025.
EVD is a therapy that enables cerebrospinal fluid (CSF) to be temporarily drained out from the brain ventricles to relieve increased intracranial pressure. External Ventricular Drain (EVD) is one of the most simple and crucial procedures that even a junior resident should master. But if the technical principles are not respected, even the most experienced may face difficulties while performing this procedure. For patients with severe hydrocephalus and intraventricular bleeding, this is a life-saving technique. While other equipment for intraparenchymal stresses surveillance is limited, the EVD vents out cerebrospinal fluid (CSF) and discharges CSF diseases that are connected to intracranial hypertension.
Browse through 37 Tables & 22 Figures spread over 120 Pages and in-depth TOC on “Global External Ventricular Drain Market: By Type, Applications, Market Size, Share, Industry Trends, Analysis and Forecast, 2018–2025”.
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The rising incidences of traumatic injuries and strokes are driving the external ventricular drain market globally. The increase in several instances of brain surgeries among children has also stimulated the external ventricular drain market development. In addition, technical progress related to stress surveillance is also contributing to the market development of external ventricular drain. Furthermore, the increasing healthcare spending and rising geriatric population will further drive the market for an external ventricular drain in the future. This is, however, a very critical operation that restricts this market’s development. However, the absence of knowledge and rising prices of external ventricle devices (EVD) may restrict the market.
The external ventricular drain market is fragmented based on indication and end-user. Based on indication, the external ventricular drain market is classified into hematomas posterior fossa, cranial injuries, IV ventricle obstruction, posterior fossa tumor, meningitis, subarachnoid hemorrhage into CSF, subdural hematomas, and others. The end-user segment is divided into a nursing home, neurology hospitals, pediatric care center, and others. The pediatric care center is anticipated to be the most dominant market segment over the forecast time period.
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North America is the biggest market for external ventricular drain market globally, due to the growing incidences of neurological illnesses and traumatic injuries, rising healthcare spending and increasing adoption rates of advanced technology.
The development of the external ventricular drain market in Europe is due to the rising healthcare infrastructure, favorable reimbursement scenario, the existence of advanced research and development equipment, and ongoing technological advancements in the healthcare sector.
Browse the full “External Ventricular Drain Market By Indication (Posterior Fossa Tumor, Hematomas Posterior Fossa, IV Ventricle Obstruction, Cranial Injuries, Subdural Hematomas, Meningitis, Subarachnoid Hemorrhage into CSF, and Others) and By End-User (Pediatric Care Center, Neurology Hospitals, Nursing Home, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/external-ventricular-drain-market
Due to the attention of global investors in the Asia Pacific, this region is a rapidly growing market for external ventricular drain and tracking scheme. India and China are anticipated to majorly contribute to the expansion of the Asia Pacific external ventricular drain market in the years ahead.
Latin America and the Middle East and Africa are anticipated to grow at a moderate pace in the external ventricular drain market globally over the forecast time period. This can be attributed to the growing awareness among the regional populations, various developments witnessed in the healthcare sector, and positive economic growth combined along with the rising number of public initiatives to support these regional markets.
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Some key players of the external ventricular drain market include Medtronic, Spiegelberg, Integra Life Sciences Corporation, Johnson & Johnson Services, and Sophysa.
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This report segments the global external ventricular drain market into:
Global External Ventricular Drain Market: Indication Analysis
- Posterior Fossa Tumor
- Hematomas Posterior Fossa
- IV Ventricle Obstruction
- Cranial Injuries
- Subdural Hematomas
- Meningitis
- Subarachnoid Hemorrhage into CSF
- Other
Global External Ventricular Drain Market: End-User Analysis
- Pediatric Care Center
- Neurology Hospitals
- Nursing Home
- Others
Global External Ventricular Drain Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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