Cerebrospinal Fluid Management Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Cerebrospinal Fluid Management Market is segmented By Product Type (Ventriculoperitoneal (VP) Shunts, Ventriculoatrial (VA) Shunts, Lumboperitoneal (L....

Cerebrospinal Fluid Management Market Size

Market Size in USD

CAGR5.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5.5%
Market ConcentrationHigh
Major PlayersMedtronic plc, Integra LifeSciences Corporation, B. Braun Melsungen AG, Sophysa, Spiegelberg GmbH & Co. KG
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Cerebrospinal Fluid Management Market Analysis

The cerebrospinal fluid management market is estimated to be valued at USD 1.58 Bn in 2024 and is expected to reach USD 2.3 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Factors such as the increasing incidence of neurological disorders, rising geriatric population, and growing number of intensive care unit admissions are expected to fuel the demand for cerebrospinal fluid management procedures.