Global Cerebrospinal Fluid (CSF) Management Market– Industry Trends and Forecast to 2025

Market Analysis: Global Cerebrospinal Fluid (CSF) Management Market

The Global Cerebrospinal Fluid (CSF) Management Market is expected to reach USD 1.78 billion by 2025, from USD 1.26 billion in 2017 growing at a CAGR of 4.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Cerebrospinal Fluid (CSF) Management Market

Cerebrospinal Fluid (CSF) is the pure fluid that cushions and delivers nutrients to the central nervous system (CNS) of a human body by getting rid of waste products from brain cells. It is a colorless fluid that goes around the human brain and spinal cord and picks up needed supplies from blood. The cerebrospinal fluid is made by the bunch of cells (the choroid plexus)which are present deep inside the brain. A human body contains around 150 milliliters of fluid.

At times, the cerebrospinal fluid may have bacteria or viruses that can attack the brain. There are various ways that can help the doctors and physicians to manage the cerebrospinal fluid. Spinal tap or lumbar puncture procedure is often used by the doctors for taking the sample of this fluid. With these procedures, the brain illnesses can be cured and may also help the doctors to figure out what’s wrong with the spinal cord or the brain. Sometimes cerebral spinal fluid leaks through a hole in the skull bone, which may result in to fluid either leaking from ear or nose, depending where the skull bone is damaged.

For management of these CSF leaks it is diagnosed perform physical examination of the body which may be done by either examining the nose with an endoscope or by leaning forward for several minutes that will show whether there is drainage of fluid or not. Imaging studies such as CT scans or MRIs may be ordered to evaluate for skull bone defects.

Major Market Drivers and Restraints:

New technologies such as automated suturing device is expected to drive the market in the forecast period
Growing number of surgical procedures
Rising geriatric population
Increasing quality of suturing material
Increased investment in healthcare infrastructure in growing economies
Downward pricing pressure owing to its commodity nature
Increasing substitutes to sutures such as hemostats and surgical staplers

Market Segmentation: Global Cerebrospinal Fluid (CSF) Management Market

The global cerebrospinal fluid (CSF) management market is segmented based on product, end user and geographical segments.
Based on product, the market is segmented into CSF shunts and CSF drainage systems. The CSF drainage systems market segment is further segmented into ventricular drainage system and lumbar drainage system.
On the basis of end users, the market is segmented into pediatric, adult and geriatric end users.
Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Key Developments in the Market: 

According to an article published by the Springer Nature Limited, In July 2015, the article reveals that the new discoveries have uncovered new, active roles for this dynamic system in the regulation of neural stem cells, critical periods and the overall health of the nervous system.
According to an article published by the Medical Marijuana, Inc., In September 2015, Medical cannabis (marijuana) can help treat the indications related to the hydrocephalus. Cannabis has been proven as an effective and managing seizures, nausea, sleep problems and pain. Hydrocephalus is a disorder that has an accretion of cerebrospinal fluid (CSF) within the brain.

Competitive Analysis: Global Cerebrospinal Fluid (CSF) Management Market

The global cerebrospinal fluid (CSF) management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cerebrospinal fluid (CSF) management market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Cerebrospinal Fluid (CSF) Management Market

Some of the major players operating in the global cerebrospinal fluid (CSF) management market are Medtronic , B. Braun Melsungen AG, DePuy Synthes , Spiegelberg GmbH & Co. KG, SOPHYSA, Natus Medical, Dispomedica GmbH, Delta Surgical Limited, Argi Grup, Moller Medical GmbH, G. SURGIWEAR LTD., Integra LifeSciences Holding Corporation, Integra LifeSciences Holding Corporation, Sophysa S.A., Möller Medical GmbH, Spiegelberg GmbH and Co. KG, BeckerSmith Medical, Inc. and Wellong Instruments Co., Ltd. among others.

Research Methodology: Global Cerebrospinal Fluid (CSF) Management Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others

Global Cerebrospinal Fluid (CSF) Management Market– Industry Trends and Forecast to 2025