Global Cerebrospinal Fluid (CSF) Management Devices Market 2017-2021

Global CSF management devices market overview

According to csf management devices market anlaysis, this market is expected to grow at a steady rate and will post a steady CAGR of close to 4% during the forecast period. The growing demand for minimally invasive surgeries will drive the prospects for the global CSF management devices market growth in the forthcoming years. The market is experiencing a huge shift towards the minimally invasive approach to address the disorders of CSF circulation and help treat aqueductal stenosis, isolated lateral ventricle, multiloculated hydrocephalus, fourth ventricular outlet obstruction, tumors, and arachnoid cysts that block CSF flow. Since the procedure of placing shunts in individuals with hydrocephalus using advanced minimally invasive techniques with small caliber endoscopes is safe and accurate, the demand for CSF management devices will further increase. Moreover, the adoption rate of CSF management devices will increase because minimally invasive surgeries help reduce hospitalization costs, the length of hospital stay, and encourages faster recovery.

The Americas dominated the global CSF management devices market during 2016, and its dominance is expected to continue until the end of 2021. Factors such as an increase in the aging population and a rise in the prevalence of cerebral disorders such as ischemic stroke, stenosis, malformation, and the tumor will fuel the growth rate of the market for CSF management devices.

Competitive landscape and key vendors