Hydrocephalus Shunts Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Hydrocephalus Shunts Market is segmented By Type of Shunt (Ventriculo-Peritoneal (VP) Shunts, Ventriculo-Atrial (VA) Shunts, Ventriculo-Pleural (VPL) ....

Hydrocephalus Shunts Market Size

Market Size in USD

CAGR5.4%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5.4%
Market ConcentrationMedium
Major PlayersMedtronic plc, Integra LifeSciences Corporation, B. Braun Melsungen AG, Sophysa, Natus Medical Incorporated
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Hydrocephalus Shunts Market Analysis

The hydrocephalus shunts market is estimated to be valued at USD 351.7 Mn in 2024 and is expected to reach USD 509.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. The increasing prevalence of hydrocephalus disorders globally is expected to drive the demand for hydrocephalus shunts during the forecast period. Additionally, growing research and development activities for technologically advanced hydrocephalus shunts is expected to provide new opportunities in the hydrocephalus shunts market.