Hydrocephalus market research and analysis by type, diagnostic, treatment, end user and region - forecast till 2030. A persistent neurological disorder called hydrocephalus is defined by an excessive buildup of cerebrospinal fluid in the ventricles deep inside the brain. The extra fluid buildup makes the ventricles bigger, which puts pressure on the brain. Headache, blurred vision, trouble thinking, incontinence, memory loss, and loss of coordination are some of the symptoms. Diuretics, ventriculoperitoneal shunts, and ventriculostomies are the mainstays of the treatment.

A baby with hydrocephalus is born in one out of every 1,000, according to the Hydrocephalus Association. Consequently, this disorder is more prevalent than brain tumours or other diseases that affect the brain.

Major market growth drivers are the increased prevalence of hydrocephalus and the rising desire for better treatment options. Growing paediatric populations and rising healthcare costs also contribute to the market's expansion.

On the other hand, high cost of therapeutic surgery and lack of awareness about brain diseases are main restraints in hydrocephalus market growth.

The global Hydrocephalus market is expected to grow at a CAGR of 4.2% during the forecast period 2022-2030.

Global Hydrocephalus Market - Competitive Landscape

The global hydrocephalus market report is observed to be growing due to rising prevalence of hydrocephalus in pediatric population and adults. North America dominates the market owing to well-developed healthcare sector and presence of key players like Codman Shurtleff Inc., Integra Lifescience Holding Corporation, and Medtronic fuels the market growth in this region. The key players in the global hydrocephalus market have strategy of maintaining their position in the market through mergers and acquisitions, strategic tie-ups, new product launches and regional expansion.

Regional Analysis

The American region is the largest market for hydrocephalus due to the presence of well-developed healthcare sector and rising prevalence of hydrocephalus. The Americas are divided into North America and South America. Globally, North America dominates the market owing to the presence of developed economies like Canada and United States in this region. Moreover, rising healthcare expenditure, growing pediatric population and increasing awareness of the disease fuels the market growth in this region.

Europe is the second largest market for hydrocephalus due to growing patient population, increasing research and development and increasing in pediatric population. On regional basis, Europe is divided into Eastern Europe and Western Europe. Eastern Europe is rapidly growing region followed by Western Europe.

Asia Pacific is projected to be the fastest growing region owing to the presence of developing economies like China, India, Australia and increasing expenditure in healthcare.

The Middle East and Africa is the least growing region in hydrocephalus market. The Middle East region makes majority of the market due to the presence of developed economies like Saudi Arabia, Dubai, Kuwait and other developed countries within the region. African region has least market share due to lack of awareness and poor economic conditions.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact Us:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com