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) Shunts, Lumbar-Peritoneal (LP) Shunts), By Age Group (Pediatric, Adult, Geriatric), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Research and Academic Institutes), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD Million) for the above-mentioned segments.
Hydrocephalus Shunts Market Size
Market Size in USD
CAGR5.4%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 5.4% |
| Market Concentration | Medium |
| Major Players | Medtronic plc, Integra LifeSciences Corporation, B. Braun Melsungen AG, Sophysa, Natus Medical Incorporated |
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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.