External Ventricular Market - By Application (Traumatic Brain Injury, Subarachnoid Hemorrhage, Intracerebral Hemorrhage, Other Non-traumatic Hydrocephalus Conditions) By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa, RoW) - Industry Analysis, Opportunity and Forecast 2020 To 2027
Published Date: May 2021
No. of Pages: 191
Status: Published
Report Code: ARI100832
According to the WHO, neurovascular stroke is the second most common cause of death and the third most common cause of disability around the world and approximately 60%-80% of all strokes are ischemic. This occurs due to blocked blood vessels which limits the blood supply to the brain or when a weakened blood vessel bursts and bleeds into the surrounding brain. Since, the last four years, the incidence rate of strokes majorly in low- and middle-income countries has increased more than double. For instance, India has a very high incidence rate of ischemic stroke and is one of the leading causes of death. According to a recent study by All India Institute of Medical Sciences (AIIMS) 2016, approximately 1.8 million Indians suffer from cerebrovascular stroke every year. Additionally, around 1.1 million people in Europe suffer from ischemic stroke every year. Thus, a high incidence of cerebrovascular disorders may lead to intraventricular bleeding (hemorrhage), which in turn demands the use of ventricular drain sets to remove the excess cerebrospinal fluid. This is expected to drive the market for external ventricular drain over the forecast period.
Moreover, the increasing incidence of cranial injuries and trauma across the world is a key driver of the market for external ventricular drains. Road accidents fall and sports injuries are the most common causes of head trauma, and cranial injuries. This results in hospitalization and permanent disability for thousands of individuals every year. Raised intracranial pressure (ICP) after a head injury is considered to have an adverse effect with a mortality rate of around 20%. Thus, continuous monitoring of intracranial pressure is crucial to map the progression of brain injury. As per the WHO, vehicle injuries are projected to be the ninth leading cause of death worldwide. Similarly, according to the Association for Safe International Road Travel 2018 report, about 20-50 million people are injured or disabled every year owing to road accidents. Thus, in the U.S., falls (52%) and road accidents (20%) are the first and second leading causes of all traumatic brain injury-related hospitalizations, respectively. This, in turn, will boost the demand for an external ventricular drain for the treatment.
Furthermore, rising demand for minimally or non-invasive neurosurgeries to help lower trauma and better patient outcomes is projected to accelerate the growth of the market for external ventricular drains. The growing demand is also due to minimal pain, high cost-efficiency, safety, efficacy, and rapid recovery than in traditional procedures. In addition, minimally invasive neurovascular surgeries involve fewer interruptions of adjacent tissues making the procedure easier and more natural. Additionally, increasing concern for natural appearance and aesthetics as well as less amount of blood loss during surgeries are driving the market for external ventricular drains.
Key companies are: Spiegelberg GmbH & Co. KG; Medtronic; Sophysa; Dispomedica GmbH; Integra LifeSciences; Möller Medical GmbH; B. Braun Melsungen AG; Fuji Systems.
Analyst Commentary
The traumatic brain injury segment dominated the market for external ventricular drains with a share of 33.7% in 2019. The increasing prevalence of traumatic brain injuries due to road accidents falls and violence is contributing towards the segment growth. Such injuries lead to hospitalization and permanent disability for thousands of individuals each year. For instance, as per the European Injury Database (IDB), approximately 6.1 million people are treated in hospitals for injuries every year. These injuries include facial and traumatic brain injuries. Similarly, according to the CDC report, an estimated 56,000 seniors are hospitalized every year as a result of head injuries suffered due to falls and 775,000 older adults are living with traumatic brain injury-related disability. This is expected to fuel segment growth during the forecast period.
Furthermore, conditions such as hydrocephalus affect a large number of people across the world. For instance, as per the Hydrocephalus Association, over 1.0 million people are currently suffering from hydrocephalus in the U.S., which is the most common reason for brain surgery. Similarly, over 750,000 people in America are living with normal pressure hydrocephalus (NPH). It is estimated that more than 400,000 babies suffer from infant hydrocephalus each year globally. Such a high prevalence of neurovascular disorders along with the rising number of brain surgeries is expected to boost the growth of the market for external ventricular drain during the forecast period.
Segmentation
The Extra Ventricular Market is segmented on the basis of application and region. On the basis of applicationTraumatic Brain Injury, Subarachnoid Hemorrhage, Intracerebral Hemorrhage, Other Non-traumatic Hydrocephalus Conditions.
Regional Analysis
North America dominated the external ventricular drain market with a share of 35.6% in 2019. This is owing to the greater incidence of traumatic brain injuries as well as the high prevalence of neurovascular disorders. For instance, as per the CDC, stroke is the fifth leading cause of death and more than 140,000 people are killed due to cerebrovascular stroke each year in the U.S. Furthermore, rapid technological advancements and the presence of major medical equipment companies such as Medtronic, and Integra LifeSciences are also contributing towards the growth of the market for the external ventricular drain in the region. Thus, the increasing prevalence of neurovascular disorders and brain injuries as well as growing awareness among individuals about associated disorders and treatment are driving the market for external ventricular drains.
In the Middle East & Africa (MEA), the market for the external ventricular drain is expected to witness the highest CAGR of 8.2% from 2020 to 2027. This is due to the presence of such a huge patient base in the emerging economies, along with rising healthcare expenditures in this region. For instance, according to the International Federation for Spina Bifida and Hydrocephalus, over 375,000 new cases of infant hydrocephalus are reported in sub-Saharan Africa each year. In addition, increasing incidence of road accidents in the MEA countries is rising at an alarming rate and is now the leading cause of mortality among young adults, thereby, expected to propel the growth of the market for external ventricular drain during the forecast period. As per the WHO report, a road-traffic mortality rate of 26.6 deaths per 100,000 people has been registered in this continent.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On External Ventricular Market
Chapter 5. Global External Ventricular Market Overview, By Application, 2015 – 2027 (USD Billion)
5.1. Global External Ventricular Market Share, By Application, 2020 & 2027 (%)
5.1.1. Traumatic Brain Injury
5.1.1.1. Market Size and Projections,2015 – 2027 (USD Billion)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
5.1.2. Subarachnoid Hemorrhage
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
5.1.3. Intracerebral Hemorrhage
5.1.3.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
5.1.4. Other Non-traumatic Hydrocephalus Condition
5.1.4.1. Market Size and Projections, 2015 - 2027 (USD Billion)
5.1.4.2. Market Size and Projections, by Region, 2015 - 2027(USD Billion)
Chapter 6. Global Aircraft Airframe MRO Market Overview, By Geography, 2015 - 2027 (USD Billion)
6.1. Global Aircraft Airframe MRO Market Share, By Geography, 2015 - 2027(USD Billion)
6.1.1. Market Size and projections, by Countries, 2015 - 2027 (USD Billion)
6.1.2. Market Share and CAGR Comparison, by Countries, 2020 (%)
Chapter 7. North America External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
7.1. North America External Ventricular Market Overview, 2020 & 2027 (%)
7.1.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.2. North America External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
7.1.3. North America External Ventricular Market Overview, By Countries, 2015 - 2027 (USD Billion)
7.1.3.1. U.S. External Ventricular Market Overview, 2015 - 2027 (USD Billion)
7.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.1.2. U.S. External Ventricular Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3.2. Canada External Ventricular Market Overview, 2015 - 2027 (USD Billion)
7.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.2.2. Canada External Ventricular Market Overview, By Application, 2015 - 2027 (USD Billion)
7.1.3.3. Mexico External Ventricular Market Overview, 2015 - 2027 (USD Billion)
7.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
7.1.3.3.2. Mexico External Ventricular Market Overview, By Application, 2015 - 2027 (USD Billion)
Chapter 8. Europe External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
8.1. Europe External Ventricular Market Overview, 2020 & 2027 (%)
8.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.2. Europe External Ventricular Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3. Europe External Ventricular Market Overview, By Countries, 2015 - 2027 (USD Billion)
8.1.3.1. Germany
8.1.3.1.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.1.2. Germany External Ventricular Market Overview, By Application, 2015 - 2027 (USD Billion)
8.1.3.1.3. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.1.4. France External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
8.1.3.2. UK
8.1.3.2.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.2.2. UK External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
8.1.3.3. Italy
8.1.3.3.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.3.2. Italy External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
8.1.3.4. Spain
8.1.3.4.1. Market size and projections, 2015 - 2027 (USD Billion)
8.1.3.4.2. Spain External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
8.1.3.5. Rest of Europe
8.1.3.5.1. Market size and projections, 2015 – 2025
8.1.3.5.2. Rest of Europe External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
Chapter 9. Asia Pacific External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
9.1. Asia Pacific External Ventricular Market Overview, 2020 & 2027(%)
9.1.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.2. Asia Pacific External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
9.1.3. Asia Pacific External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
9.1.3.1. India
9.1.3.1.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.3.1.2. India External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
9.1.3.2. China
9.1.3.2.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.3.2.2. China External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
9.1.3.3. Japan
9.1.3.3.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.3.3.2. Japan External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
9.1.3.4. South Korea
9.1.3.4.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.3.4.2. South Korea External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
9.1.3.5. Rest of Asia Pacific
9.1.3.5.1. Market size and projections, 2015 - 2027(USD Billion)
9.1.3.5.2. Rest of Asia Pacific External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
Chapter 10. Middle East & Africa External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
10.1. Middle East & Africa External Ventricular Market Overview, 2015 - 2027(USD Billion)
10.1.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.2. Middle East & Africa External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
10.1.3. Middle East & Africa External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
10.1.3.1. GCC
10.1.3.1.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.3.1.2. GCC External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
10.1.3.2. South Africa
10.1.3.2.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.3.2.2. South Africa External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
10.1.3.3. Rest of Middle East & Africa
10.1.3.3.1. Market size and projections, 2015 - 2027(USD Billion)
10.1.3.3.2. Rest of Middle East & Africa External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
Chapter 11. South America External Ventricular Market Overview, By Countries, 2015 - 2027(USD Billion)
11.1. South America External Ventricular Market Overview, 2015 - 2027(USD Billion)
11.1.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.2. South America External Ventricular Market Overview, By Application 2015 - 2027(USD Billion)
11.1.3. South America External Ventricular Market Overview, By Countries, 2015- 2026(USD Billion)
11.1.4. Brazil
11.1.4.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.4.2. Brazil External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
11.1.5. Argentina
11.1.5.1. Market size and projections, 2015 - 2027(USD Billion)
11.1.5.2. Argentina External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
11.1.6. Rest of South America
11.1.6.1. Market size and projections, 2015 – 2026
11.1.6.2. Rest of South America External Ventricular Market Overview, By Application, 2015 - 2027(USD Billion)
Chapter 12. Competitive Landscape
12.1. Competitive environment, 2020
12.2. Strategic framework
12.2.1. Partnership/agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New product development
Chapter 13. Key Vendor Analysis
13.1. Spiegelberg GmbH & Co. KG
13.1.1. Company overview
13.1.2. Financial performance
13.1.3. Product Benchmarking
13.1.4. Recent initiatives
13.1.5. SWOT analysis
13.2. Medtronic
13.2.1. Company overview
13.2.2. Financial performance
13.2.3. Product Benchmarking
13.2.4. Recent initiatives
13.2.5. SWOT analysis
13.3. Sophysa
13.4. Dispomedica GmbH
13.5. INTEGRA LIFESCIENCES; MÖLLER MEDICAL GMBH
Chapter 14. External Ventricular Market Cost Analysis
14.1. External Ventricular Market Key Raw Materials Analysis
14.1.1. Key Raw Materials
14.1.2. Price Trend of Key Raw Materials
14.1.3. Key Suppliers of Raw Materials
14.1.4. Market Concentration Rate of Raw Materials
Chapter 15. Industrial Chain, Sourcing Strategy and Downstream Buyers
15.1. External Ventricular Market Industrial Chain Analysis
15.2. Upstream Raw Materials Sourcing
15.3. Raw Materials Sources of External Ventricular Market Major Manufacturers in 2020
15.4. Downstream Buyers
Chapter 16. Marketing Strategy Analysis, Distributors/Traders
16.1. Marketing Channel
16.1.1. Direct Marketing
16.1.2. Indirect Marketing
16.1.3. Marketing Channel Development Trend
16.2. Market Positioning
16.2.1. Pricing Strategy
16.2.2. Brand Strategy
16.2.3. Target Client
16.3. Distributors/Traders List
Chapter 17. Market Effect Factors Analysis
17.1. Technology Progress/Risk
17.1.1. Substitutes Threat
17.1.2. Technology Progress in Related Industry
17.2. Consumer Needs/Customer Preference Change
17.3. Economic/Political Environmental Change
Chapter 18. Future Outlook of the Market
Disclaimer
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global External Ventricular Market share, By Application, 2020 & 2027 (%)
10. Global External Ventricular Market, by Traumatic Brain Injury, By Application, 2015 - 2027(USD Billion)
11. Global External Ventricular Market, by Subarachnoid Hemorrhage, By Application, 2015 - 2027(USD Billion)
12. Global External Ventricular Market, by Intracerebral Hemorrhage, By Application, 2015 - 2027(USD Billion)
13. Global External Ventricular Market, by Other Non-traumatic Hydrocephalus Conditions, By Application, 2015 - 2027(USD Billion)
14. Global External Ventricular Market share, by region, 2020 & 2027 (%)
15. North America External Ventricular Market, 2020 - 2027(USD Billion)
16. North America External Ventricular Market share, by Countries, 2020 & 2027 (%)
17. U.S. External Ventricular Market, 2020 - 2027(USD Billion)
18. Canada External Ventricular Market, 2020 - 2027(USD Billion)
19. Europe External Ventricular Market, 2020 - 2027(USD Billion)
20. Europe External Ventricular Market share, by Countries, 2020 & 2027 (%)
21. Spain External Ventricular Market, 2020 - 2027(USD Billion)
22. UK External Ventricular Market, 2020 - 2027(USD Billion)
23. Italy External Ventricular Market, 2020 - 2027(USD Billion)
24. Germany External Ventricular Market, 2020 - 2027(USD Billion)
25. France External Ventricular Market, 2020 - 2027(USD Billion)
26. Rest of Europe External Ventricular Market, 2020 - 2027(USD Billion)
27. Asia-Pacific External Ventricular Market, 2020 - 2027(USD Billion)
28. Asia-Pacific External Ventricular Market share, by Countries, 2020 & 2027 (%)
29. China External Ventricular Market, 2020 - 2027(USD Billion)
30. India External Ventricular Market, 2020 - 2027(USD Billion)
31. Australia External Ventricular Market, 2020 - 2027(USD Billion)
32. Japan External Ventricular Market, 2020 - 2027(USD Billion)
33. Rest of Asia-Pacific External Ventricular Market, 2020 - 2027(USD Billion)
34. Middle East & Africa External Ventricular Market, 2020 - 2027(USD Billion)
35. Middle East & Africa External Ventricular Market share, by Countries, 2020 & 2027 (%)
36. GCC External Ventricular Market, 2020 - 2027(USD Billion)
37. South Africa External Ventricular Market, 2020 - 2027(USD Billion)
38. Rest Of Middle East & Africa External Ventricular Market, 2020 - 2027(USD Billion)
39. South America External Ventricular Market, 2020 - 2027(USD Billion)
40. Brazil External Ventricular Market, 2020 - 2027(USD Billion)
41. Mexico External Ventricular Market, 2020 - 2027(USD Billion)
42. Argentina External Ventricular Market, 2020 - 2027(USD Billion)
43. Rest of South America External Ventricular Market, 2020 - 2027(USD Billion)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global External Ventricular Market, 2015-2027(USD Billion)
4. Global External Ventricular Market requirement, by country, 2015-2027,(USD Billion)
5. North America External Ventricular Market, By Application, 2015-2027(USD Billion)
6. Europe External Ventricular Market, By Application, 2015-2027(USD Billion)
7. Asia Pacific External Ventricular Market, By Application, 2015-2027(USD Billion)
8. Middle East & Africa External Ventricular Market, By Application, 2015-2027(USD Billion)
9. South America External Ventricular Market, By Application, 2015-2027(USD Billion)
10. Global External Ventricular Market, Company Market Share, 2020 (%)
11. Spiegelberg GmbH & Co. KG: Product Benchmarking
12. Spiegelberg GmbH & Co. KG: Financial Performance
13. Medtronic: Product Benchmarking
14. Medtronic: Financial Performance
15. Sophysa: Product Benchmarking
16. Sophysa: Financial Performance
17. Dispomedica GmbH: Product Benchmarking
18. Dispomedica GmbH: Financial Performance
19. INTEGRA LIFESCIENCES; MÖLLER MEDICAL GMBH: Product Benchmarking
20. INTEGRA LIFESCIENCES; MÖLLER MEDICAL GMBH: Financial Performance
The Leading Key Players in External Ventricular Market
Spiegelberg GmbH & Co. KG
Medtronic
Sophysa
Dispomedica GmbH
Integra LifeSciences
Möller Medical GmbH
B. Braun Melsungen AG
Fuji Systems
