GLOBAL EXTERNAL VENTRICULAR DRAIN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

An external ventricular drain (EVD) is a soft catheter that is inserted via a burr hole into the anterior horn of the lateral ventricle and connected to a closed sterile system to allow for temporary drainage of cerebrospinal fluid (CSF) and/or monitoring of intracranial pressure. Indications for external ventricular drainage are: to relieve raised intracranial pressure, to divert infected CSF, to divert bloodstained CSF following neurosurgery/haemorrhage, to divert the flow of CSF, and to monitor intracranial pressure. External drainage and monitoring is the standard of care for temporarily controlling intracranial pressure by draining cerebrospinal fluid externally from the body. External drainage and monitoring is the temporary drainage of cerebrospinal fluid (CSF) from the lateral ventricles of the brain, or the lumbar space of the spine, into an external collection bag. An external ventricular drainage (EVD) system drains CSF by using a combination of gravity and intercerebral pressure. The drainage rate depends on the height at which the EVD system is placed relative to the patient’s anatomy.

Market Dynamics:

Increasing research and development (R&D) activities is expected to drive the growth of the global external ventricular drain market over the forecast period. For instance, in June 2023, Karolinska University Hospital, a hospital based in Sweden, initiated a clinical trial titled “Novel Diagnostic Methods to Identify External Ventricular Drain Associated Infections”. This study will evaluate three novel diagnostic methods for rapid direct bacterial detection in CSF, in order to assess, if these can be used to guide antibiotic treatment in neurocritically ill patients, as compared to CSF bacterial cultures. The study is expected to get completed by December 31, 2025. 

Key Features of the Study:

• This report provides an in-depth analysis of the global external ventricular drain market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global external ventricular drain market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Spiegelberg GmbH & Co. KG, Medtronic, Sophysa, Neuromedex GmbH, Integra LifeSciences, Möller Medical GmbH, B. Braun SE and Fuji Systems
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global external ventricular drain market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global external ventricular drain market

Detailed Segmentation:

• Global External Ventricular Drain Market, By Application
  • Traumatic Brain Injury
  • Subarachnoid Hemorrhage
  • Intracerebral Hemorrhage
  • Other (Non-traumatic Hydrocephalus Condition)
• Global External Ventricular Drain Market, By Patient Type
  • Pediatric
  • Adult
• Global External Ventricular Drain Market, By End User
  • Hospitals
  • Clinics
  • Ambulatory Surgery Centers
  • Others
• Global External Ventricular Drain Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Top Companies in the Global External Ventricular Drain Market:
  • Spiegelberg GmbH & Co. KG
  • Medtronic
  • Sophysa
  • Neuromedex GmbH
  • Integra LifeSciences
  • Möller Medical GmbH
  • Braun SE
  • Fuji Systems