Cerebrospinal Fluid Drainage Catheter Market
Number of pages: 100 | Report Format: PDF | Published date: June 13, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
|
Report Attribute |
Details |
|
Market Size Value in 2022 |
US$ 312.1 million |
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Revenue Forecast in 2031 |
US$ 565.15 million |
|
CAGR |
6.82% |
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Base Year for Estimation |
2022 |
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Forecast Period |
2023 to 2031 |
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Historical Year |
2021 |
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Segments Covered |
Type, Application, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global cerebrospinal fluid drainage catheter market was valued at US$ 312.1 million in 2022 and is expected to register a revenue CAGR of 6.82% to reach US$ 565.15 million by 2031.
Cerebrospinal Fluid Drainage Catheter Market Fundamentals
A cerebrospinal fluid (CSF) drainage catheter is a medical device designed to remove excess CSF from the brain or spinal cord and divert it to another location for proper drainage. CSF is a clear, colorless fluid that surrounds and cushions the brain and spinal cord, protecting them from injury. The catheter comprises a flexible, hollow tube made of biocompatible materials such as silicone or polyurethane. It is typically inserted into the brain's ventricles or the spine's lumbar region, depending on the location of the excess CSF and the patient's condition.
Cerebrospinal fluid drainage catheters are commonly used in treating conditions such as hydrocephalus (excessive accumulation of CSF in the brain), traumatic brain injury, or other conditions where there is an impairment in the normal CSF circulation. The catheter allows for the controlled removal of excess CSF, alleviating pressure on the brain and spinal cord and facilitating normal fluid dynamics.
Cerebrospinal Fluid Drainage Catheter Market Dynamics
The rising incidence of neurological disorders such as hydrocephalus, traumatic brain injury, meningitis, and brain tumors drives the demand for the global cerebrospinal fluid drainage catheters market. These conditions often require surgical intervention and the placement of drainage catheters to manage and regulate cerebrospinal fluid levels. For instance, according to Cancer.net statistics, in 2023, it is estimated that 24,810 individuals will be suffering from a brain tumor. Furthermore,an increasing global aging population increases the incidence of age-related neurological disorders, including normal pressure hydrocephalus (NPH). Cerebrospinal fluid drainage catheters are commonly used to manage NPH, further fueling the global cerebrospinal fluid drainage catheter market demand. Moreover, rising awareness among patients and healthcare professionals regarding the early diagnosis and treatment of neurological conditions has resulted in an increased demand for cerebrospinal fluid drainage catheters. Timely intervention with the placement of a drainage catheter can help prevent complications and improve patient outcomes.
However, cerebrospinal fluid drainage catheter procedures can be expensive, especially when considering the cost of the catheter itself, surgical placement, monitoring equipment, and associated healthcare services. The high cost of these procedures may limit their accessibility, particularly in resource-constrained settings or for patients without adequate health insurance coverage. Furthermore, alternative treatment options for managing conditions such as hydrocephalus or other neurological disorders may be available. These alternatives include medication therapies, minimally invasive procedures, or alternative surgical techniques. The availability and effectiveness of these alternatives may pose a challenge to the growth of the cerebrospinal fluid drainage catheter market. Additionally, the high cost of procedures and risk of complications are some of the restraints impeding the overall market growth.
Cerebrospinal Fluid Drainage Catheter Market Ecosystem
The global cerebrospinal fluid drainage catheter market is analyzed from four perspectives: type, application, and region.
Cerebrospinal Fluid Drainage Catheter Market by Type
Based on the type, the global cerebrospinal fluid drainage catheter market is segmented into ventricular drainage catheters and lumbar drainage catheters.
The ventricular drainage catheter segment dominated the market with the largest revenue share of 68%, owing to a significant prevalence of intraventricular hemorrhage and traumatic brain injuries, which can result in intracranial bleeding. The ventricular drainage catheter is designed to drain cerebrospinal fluid (CSF) from the brain's ventricles. These catheters are used to manage conditions such as hydrocephalus, traumatic brain injury, or other neurological disorders where CSF accumulation within the ventricles poses a risk to brain function. Ventricular drainage catheters are typically inserted into the ventricles of the brain, which are fluid-filled cavities. The catheter is positioned to allow drainage of CSF from the ventricles to an external drainage system or collection bag. This diversion of CSF helps regulate intracranial pressure and maintain normal fluid dynamics in the brain. Ventricular drainage catheters are specifically designed for placement within the brain’s ventricles. They typically consist of a flexible tube of biocompatible materials such as silicone or polyurethane. The distal end of the catheter often features multiple side holes or fenestrations to allow CSF entry. The proximal end is connected to an external drainage system. These factors contribute to the growth of the ventricular drainage catheter segment.
The lumbar drainage catheter segment accounted for a prominent share of the market. The lumbar drainage catheter is a specific type of catheter designed for the drainage of cerebrospinal fluid (CSF) from the lumbar region of the spine. These catheters are used to manage conditions such as hydrocephalus and pseudotumor cerebri or to measure CSF pressure during diagnostic procedures. Lumbar drainage catheters are typically inserted into the spine's lumbar region, specifically the lower back's subarachnoid space. The catheter is advanced through the spinal canal to access the CSF. Lumbar drainage allows for continuous or intermittent drainage of CSF, helping to regulate CSF pressure and relieve symptoms associated with increased intracranial pressure. Lumbar drainage catheters are commonly used to manage conditions such as hydrocephalus, where CSF accumulation occurs within the brain's ventricles. They may also be employed in cases of pseudotumor cerebri, a condition characterized by increased intracranial pressure without an apparent cause. Lumbar drainage catheters are sometimes used for therapeutic purposes or to measure CSF pressure during diagnostic procedures. These factors contribute to the growth of the lumbar drainage catheter segment.
Cerebrospinal Fluid Drainage Catheter Market by Application
Based on the application, the global cerebrospinal fluid drainage catheter market is segmented into traumatic brain injury, traumatic spinal injury, intracerebral hemorrhage, subarachnoid hemorrhage, and others.
The traumatic brain injury segment dominated the market with a principal revenue share of 41% in 2022, owing to the rising numbers of road accidents globally. Traumatic brain injury refers to the specific application of these catheters in managing and treating patients who have suffered from traumatic brain injuries. Traumatic brain injury is brain damage caused by an external force or impact on the head, disrupting normal brain function. Cerebrospinal fluid drainage catheters play a crucial role in the management of traumatic brain injuries, particularly in cases where there is an accumulation of cerebrospinal fluid (CSF) in the brain, leading to increased intracranial pressure. These catheters drain excess CSF, thereby reducing pressure on the brain and preventing further damage. Ongoing research and innovation in the field of traumatic brain injuries and cerebrospinal fluid drainage catheters contribute to the advancement of treatment options. Efforts are focused on improving catheter design, reducing complications, enhancing accuracy in pressure monitoring, and optimizing the overall efficacy and safety of the catheter systems. These aspects contribute to the growth of the traumatic brain injury segment.
The intracerebral hemorrhage segment accounted for a significant market revenue share in 2022. A cere fluid drainage catheter is used to manage and treat patients who have experienced bleeding within the brain parenchyma. Intracerebral hemorrhage is a type of stroke that occurs when a blood vessel within the brain ruptures, causing bleeding and subsequent damage to brain tissue. Intracerebral hemorrhage can lead to increased intracranial pressure and edema, further compromising brain function and potentially resulting in severe neurological deficits. Cerebrospinal fluid drainage catheters are utilized to manage intracerebral hemorrhage to alleviate intracranial pressure and promote better patient outcomes. These aspects contribute to the growth of the intracerebral hemorrhage segment.
Cerebrospinal Fluid Drainage Catheter Market by Region
Geographically, the global cerebrospinal fluid drainage catheter market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America dominated the global cerebrospinal fluid drainage catheter market with the largest revenue share in 2022 due to the high prevalence and incidence of traumatic brain and spinal injuries and neurovascular diseases. For instance, according to the National Center for Biotechnology Information’s article of January 2023, in the U.S., 1.7 million people suffer from traumatic brain injury every year. Additionally, regional companies are continuously involved in partnerships, mergers, and acquisitions, which are also expected to improve the cerebrospinal fluid drainage catheter market outlook.
Cerebrospinal Fluid Drainage Catheter Market Competitive Landscape
The prominent players operating in the global cerebrospinal fluid drainage catheter market are:
Cerebrospinal Fluid Drainage Catheter Market Strategic Developments
A cerebrospinal fluid (CSF) drainage catheter is a medical device designed to remove excess CSF from the brain or spinal cord and divert it to another location for proper drainage.
The global cerebrospinal fluid drainage catheter market was valued at US$ 312.1 million in 2022.
The estimated market size of the global cerebrospinal fluid drainage catheter market in 2031 is US$ 556.15 million.
The revenue CAGR of the cerebrospinal fluid drainage catheter market during the forecast period will be 6.82% from 2023 to 2031.
Some key global cerebrospinal fluid drainage catheter market companies are Medtronic plc, Sophysa SA, Integra LifeSciences Corporation, and Moller Medical GmbH.
*Insights on financial performance are subject to the availability of information in the public domain