- Fixed CSF Shunts
- Adjustable CSF Shunts
CSF Shunt Market size was valued at USD 1,783.2 million in 2023 and is poised to grow at 4.9% CAGR during the forecast years (2024-2030). A shunt is a thin, flexible tube inserted into the ventricles of the brain, the region where CSF is forming. The shunt's function is to drain the extra fluid that is pushing up against the brain's internal pressure. The rising incidence of conditions requiring CSF shunts, such as hydrocephalus, is driving demand for these medical devices. For instance, in 2019, neurological disorders were responsible for about 9.7 million deaths globally, and this number has been increasing. Also, the growing elderly population, which is more susceptible to conditions like normal pressure hydrocephalus, increases the demand for CSF shunt systems. Whereas, high cost and potential complications such as infection, shunt malfunction, and the need for surgical revisions can be a restraining factor for the CSF shunt market. However, developing new, more effective, and patient-friendly shunt technologies can capture market share and meet evolving medical needs. Additionally, collaborations between medical device companies and healthcare institutions can foster innovation and expand market reach.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The rising number of patients with neurological conditions like hydrocephalus, which require CSF shunt systems for treatment, is a significant driving factor. Improved diagnostic techniques have led to earlier and more frequent detection of these conditions, boosting demand for CSF shunts. For instance, WHO reports that neurological disorders are a major cause of disability and mortality worldwide. This highlights the importance of effective treatments such as CSF shunts. Foor instance, according to the World Health Organization (WHO), neurological disorders are a significant global health issue. The WHO estimates that neurological disorders account for approximately 6.3% of the global burden of disease, measured in disability-adjusted life years (DALYs).
The increasing prevalence of neurological disorders and advancements in shunt technology are key drivers of the SF shunt market.
In 2023, Medtronic launched a new programmable shunt system, and in 2022, B. Braun introduced an enhanced version of their Strata NSC Valve.
Medtronic is leading the market due to its advanced shunt systems and significant R&D investments.
North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are key regional markets for SF shunts.
High costs, potential complications, and regulatory hurdles are the main restraints in the SF shunt market.
1.Executive Summary |
2.Global CSF Shunt Market Introduction |
2.1.Global CSF Shunt Market - Taxonomy |
2.2.Global CSF Shunt Market - Definitions |
2.2.1.Type |
2.2.2.Application |
2.2.3.Region |
3.Global CSF Shunt Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global CSF Shunt Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global CSF Shunt Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Fixed CSF Shunts |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Adjustable CSF Shunts |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global CSF Shunt Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Hospitals and Neurological Centres |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Clinics |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Ambulatory Surgical Centres |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global CSF Shunt Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America CSF Shunt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Fixed CSF Shunts |
8.1.2.Adjustable CSF Shunts |
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Hospitals and Neurological Centres |
8.2.2.Clinics |
8.2.3.Ambulatory Surgical Centres |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe CSF Shunt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Fixed CSF Shunts |
9.1.2.Adjustable CSF Shunts |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Hospitals and Neurological Centres |
9.2.2.Clinics |
9.2.3.Ambulatory Surgical Centres |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) CSF Shunt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Fixed CSF Shunts |
10.1.2.Adjustable CSF Shunts |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Hospitals and Neurological Centres |
10.2.2.Clinics |
10.2.3.Ambulatory Surgical Centres |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) CSF Shunt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Fixed CSF Shunts |
11.1.2.Adjustable CSF Shunts |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Hospitals and Neurological Centres |
11.2.2.Clinics |
11.2.3.Ambulatory Surgical Centres |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America CSF Shunt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Fixed CSF Shunts |
12.1.2.Adjustable CSF Shunts |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Hospitals and Neurological Centres |
12.2.2.Clinics |
12.2.3.Ambulatory Surgical Centres |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Braun, DePuy Synthes |
13.2.2.Integra LifeSciences |
13.2.3.Medtronic |
13.2.4.Sophysa |
13.2.5.Biometrix |
13.2.6.Dispomedica |
13.2.7.Möller Medical |
13.2.8.Spiegelberg |
13.2.9.Terumo Corporation |
13.2.10.Delta Surgical Limited |
13.2.11.Argi Grup |
13.2.12.Surgiwear Ltd. |
13.2.13.Wellong Instruments Co. Ltd. |
13.2.14.Natus Medical Incorporated |
13.2.15.Stryker Corporation |
13.2.16.Penumbra |
14. Research Methodology |
15. Appendix and Abbreviations |