External Ventricular Drain Market to Record a Growth of USD 2.28 billion between 2023 and 2028, North America to Occupy 35% Market Share – Technavio

NEW YORK, Jan. 29, 2024 /PRNewswire/ — The external ventricular drain market is estimated to grow by USD 2.28 billion from 2023 to 2028 at a CAGR of 6.07% according to Technavio. North America accounts for 35% of the growth of the global market during the forecast period. The external ventricular drain market in North America is poised for rapid expansion, propelled by the increasing prevalence of neurological disorders, the upsurge in the aging population, and advancements in technology. Within this growth trajectory, ischemic strokes stand out as a significant driver of industry progression. To understand more about the  external ventricular drain market, request a Free sample report

Companies: 15+, Including Fuji Systems, Integra Lifesciences Corp., Koc Holding AS, Luciole Medical AG, Medtronic Plc, Moller Medical GmbH, Natus Medical Inc., Neuromedex GmbH, Sophysa, and Salvavidas, among othersCoverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendorsSegments: product (EVD system and EVD catheter and accessories), application (traumatic brain injury, other non-traumatic hydrocephalus conditions, subarachnoid hemorrhage, and intracerebral hemorrhage), and geography (North America, Europe, Asia, and Rest of World (ROW))

The increase in number of people suffering from neurological disorders drives the growth. The majority of neurological disorders like brain tumors, brain stroke, epilepsy, brain aneurysms, sleep apnea, MS, and PD, which are associated with the central and peripheral nervous systems, are greatly increasing across the globe. They are either compelled owing to congenital defects in genes or chromosomal abnormalities. 

Uncertain time and duration of treatment is a challenge that affects growth. 

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a free sample report!

The report provides critical information and factual data, with a qualitative and quantitative study based on drivers and limitations as well as future prospects.

Add credibility to strategyAnalyzes competitor’s offerings Get a holistic view of the market

Grow your profit margin with Technavio- Buy the Report

Major Data Covered

CAGR during the forecast periodDetailed information on factors that will drive the growth between 2023 and 2028Precise estimation of the size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth across North America, Europe, Asia, and the Rest of the World (ROW)A thorough analysis of the competitive landscape and detailed information about companiesComprehensive analysis of factors that will challenge the growth

Gain instant access to 17,000+ research reports. 

Technavio’s SUBSCRIPTION platform

Benefits
External Ventricular Drain (EVD) stands as a critical medical device in neurosurgery, addressing conditions related to cerebrospinal fluid dynamics and intracranial pressure. This system plays a pivotal role in the management of hydrocephalus, traumatic brain injuries, subarachnoid hemorrhages, and other neurological disorders. As part of minimally invasive surgery, EVD contributes to patient care in critical care settings, particularly in ICUs (Intensive Care Units). EVD exemplifies the seamless integration of medical implants and advanced diagnostic technologies like Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) in contemporary healthcare practices.

Related Reports: 

The renal anemia therapeutics market size is estimated to grow by USD 2.08 billion, at a CAGR of 7.59% between 2023 and 2028. 

The pressure sensors market size is estimated to grow by USD 10.12 billion, at a CAGR of 8.8% between 2023 and 2028. 

1 Executive Summary

2 Landscape

3 Sizing

4 Historic Size

5 Five Forces Analysis

6 Segmentation by Product

7 Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging trends and provide actionable insights to help businesses identify opportunities and develop effective strategies to optimize their positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable insights to identify opportunities in existing and potential markets and assess their competitive positions within changing scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/external-ventricular-drain-market-to-record-a-growth-of-usd-2-28-billion-between-2023-and-2028–north-america-to-occupy-35-market-share—technavio-302045451.html

SOURCE Technavio