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