Asia Pacific Cerebrospinal Fluid Drainage Catheter Market By Application (Traumatic Brain Injury, Traumatic Spinal Injury, Subarachnoid hemorrhage, Intracerebral hemorrhage, and Others Applications), By Type (Ventricular Drainage Catheter and Lumbar Drainage Catheter), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Cerebrospinal Fluid Drainage Catheter Market
Market Report Description
The Asia Pacific Cerebrospinal Fluid Drainage Catheter Market would witness market growth of 10% CAGR during the forecast period (2021-2027).
In the last couple of years, there is around twice the increment in the incidence rate of strokes mostly in low- and middle-income nations. For example, India has witnessed a huge incident rate of ischemic stroke, which is one of the major causes of death. As per the recent study by the All India Institutes of Medical Sciences 2016, approximately 1.8 million individuals in India experience stroke each year. This would accelerate the growth of the APAC Cerebrospinal Fluid Drainage Catheter Market.
Moreover, the high preference towards minimally or noninvasive neurosurgeries would augment the growth of the regional market. Furthermore, the growth in the number of concerns over aesthetics and natural appearance and lesser blood loss at the time of surgeries would create new growth possibilities for the players operating in the regional market.
According to the WHO, India registers the maximum deaths because of road traffic accidents. At the time of traumatic brain injury, a ventricular drainage catheter assists in draining excessive cerebrospinal fluid that fills and surrounds ventricles of the brain and spinal cord to reduce the pressure. This would boost the development of this segment during the forecast period.
The China market dominated the Asia Pacific Intracerebral hemorrhage Market by Country in 2020, growing at a CAGR of 8.4 % during the forecast period. The India market is anticipated to witness a CAGR of 13.1% during (2021-2027). Additionally, The Japan market is showcasing a CAGR of 12.3% during (2021-2027).
Based on Application, the market is segmented into Traumatic Brain Injury, Traumatic Spinal Injury, Subarachnoid hemorrhage, Intracerebral hemorrhage, and Others Applications. Based on Type, the market is segmented into Ventricular Drainage Catheter and Lumbar Drainage Catheter. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Integra LifeSciences Holdings Corporation, Spiegelberg GmbH & Co. KG, Natus Medical Incorporated, B. Braun Melsungen AG, Johnson & Johnson, Moller Medical GmbH (Centrotec SE), Sophysa (Tokibo Co., Ltd.), Desu Medical, and Delta Surgical
Scope of the Study
Market Segments Covered in the Report:
- Traumatic Brain Injury
- Traumatic Spinal Injury
- Subarachnoid hemorrhage
- Intracerebral hemorrhage
- Others Applications
- Ventricular Drainage Catheter
- Lumbar Drainage Catheter
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Integra LifeSciences Holdings Corporation
- Spiegelberg GmbH & Co. KG
- Natus Medical Incorporated
- B. Braun Melsungen AG
- Johnson & Johnson
- Moller Medical GmbH (Centrotec SE)
- Sophysa (Tokibo Co., Ltd.)
- Desu Medical
- Delta Surgical
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