NEW YORK, Oct. 21, 2019 /PRNewswire/ --
Global Ventricular Drainage Devices Market: About this
market
This ventricular drainage devices market analysis considers sales
from ventricular drainage accessories and ventricular drainage
system products. Our study also finds the sales of ventricular
drainage devices in Asia,
Europe, North America, and ROW. In 2018, the
ventricular drainage accessories segment had a significant market
share, and this trend is expected to continue over the forecast
period. Factors such as growing R&D investments will play a
vital role in the ventricular drainage accessories segment to
maintain its market position. Also, our global ventricular drainage
devices market report looks at factors such as the increasing
prevalence of brain surgeries, increasing number of product
launches, and growing number of M&As. However, high costs
associated with brain surgeries, product recalls, and risks and
complications related to brain surgeries may hamper the growth of
the ventricular drainage devices industry over the forecast
period.
Read the full report:
https://www.reportlinker.com/p05823476/?utm_source=PRN
Global Ventricular Drainage Devices Market: Overview
Increasing prevalence of brain surgeries
The rising number of emergency department visits due to brain TBI
boosts the demand for ventricular drainage devices. The probability
of TBI incidence tends to increase owing to the increasing
prevalence of chronic conditions such as Alzheimer's and
osteoporosis and the growing number of road accidents. Also, the
rising number of road accidents contribute to the increasing number
of brain surgeries. Also, the growing awareness, initiatives and
other activities by public and private organizations to develop an
effective treatment for brain conditions such as glioblastoma and
brain tumors are expected to increase the demand for ventricular
drainage devices. This increasing prevalence of brain surgeries
will lead to the expansion of the global ventricular drainage
devices market at a CAGR of over 6% during the forecast period.
Growing adoption of robot-assisted neurosurgery
Vendors are developing robotic systems and are increasing
investments in developing advanced medical equipment and procedure
and the efficacy of minimally invasive procedures. Rising
investment in healthcare and integration of automation in medical
devices is driving robotic-assisted surgeries for the treatment of
complex conditions such as brain tumors. Also, research institutes
and hospitals are discovering applications of robotic surgery in
different organs of the body. Moreover, the use of Al can result in
more accurate diagnoses and treatment. Scientists are researching
the use of robots to diagnose patients by using Al and healthcare
data. This development is expected to have a positive impact on the
overall market growth.
Competitive Landscape
With the presence of several major players, the global ventricular
drainage devices market is moderately fragmented. This robust
vendor analysis is designed to help clients improve their market
position, and in line with this, this report provides a detailed
analysis of several leading ventricular drainage devices
manufacturers, that include B. Braun Melsungen AG, Dispomedica
GmbH, Fuji Systems Corp. Ltd., Integra LifeSciences Holdings Corp.,
Medtronic Plc, Natus Medical Inc., Neuromedex GmbH, SILMAG, SOPHYSA
SA, and Spiegelberg GmbH & Co. KG.
Also, the ventricular drainage devices market analysis report
includes information on upcoming trends and challenges that will
influence market growth. This is to help companies strategize and
leverage on all forthcoming growth opportunities.
Read the full report:
https://www.reportlinker.com/p05823476/?utm_source=PRN
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