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Cerebrospinal Fluid Management Market Research Reports Global Industry Size, Share, InDepth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis Forecast to 2030

09-06-2024 09:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Cerebrospinal Fluid Management Market size is expected to reach US$ 2,892.54 million by 2030 from US$ 1,911.37 million in 2022; it is estimated to record a CAGR of 5.3% from 2022 to 2030.

Cerebrospinal fluid is a fluid found in the brain and spinal cord that safeguards the brain and spinal cord mechanically and immunologically. Various management devices such as CSF shunts and CSF drainage systems are used to manage the flow of CSF in the body, away from the ventricles in a controlled manner, thus preventing abnormal accumulation of CSF or hydrocephalus. The factors driving the market include increasing incidences of CSF leak and growing developments for CSF management products. However, the risk associated with CSF shunts hinders the market growth.

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Analysis of the Top Market Players:

Medtronic Plc
Integra LifeSciences Holdings Corp
Braun SE
Argi Group Health Services Ltd Sti
Sophysa SA
BeckerSmith Medical Inc
Delta Surgical Ltd
Moller Medical GmbH
Natus Medical Inc
Spiegelberg GmbH & Co KG

In this report, the market has been segmented on the basis of:

Product
CSF Shunts And CSF Drainage Systems

End User

Hospitals
Clinics
Ambulatory Surgical Centers

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The growing demand for better treatment modalities has resulted in various product developments in the last few decades. A few of the examples of recent product developments in the CSF management market are mentioned below.

In September 2022, Anuncia Medical Inc received US Food and Drug Administration (FDA) approval for its ReFlow System Mini for the treatment of patients with hydrocephalus and other cerebrospinal fluid disorders that require shunting. ReFlow System Mini noninvasively facilitates a flush of ventricular catheters to restore, increase, or maintain CSF flow in a shunt.

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