CSF Shunt Market: By Type, By Application and Region Forecast 2019-2030

CSF Shunt Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Fixed CSF Shunts and Adjustable CSF Shunts), By Application (Hospitals and Neurological Centres, Clinics and Ambulatory Surgical Centres) and Region Forecast 2019-2030

CSF Shunt Market size was valued at US$ 1,783.2 million in 2023 and is poised to grow at a CAGR of 4.9% from 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 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.

CSF Shunt Market Key Developments

  • In 2023: Medtronic launched a new programmable shunt system that allows for more precise control and adjustment of cerebrospinal fluid flow. This system improves patient outcomes and reduces the need for surgical revisions.
  • In 2022: B. Braun introduced a new, enhanced version of their Strata NSC Valve, designed to reduce the incidence of shunt malfunction and improve patient comfort.

CSF Shunt Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific

CSF Shunt Market Dynamics

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.

For 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).

CSF Shunt Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1,783.2 million

Market CAGR

4.9%

By Type

  • Fixed CSF Shunts
  • Adjustable CSF Shunts

By Application

  • Hospitals and Neurological Centres
  • Clinics
  • Ambulatory Surgical Centres

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The csf shunt market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 

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Frequently Asked Questions

The global csf shunt market size was valued at US$ 1,783.2 million in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030.

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.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

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 

Key Market Players

  • Braun, DePuy Synthes
  • Integra LifeSciences
  • Medtronic
  • Sophysa
  • Biometrix
  • Dispomedica
  • Möller Medical
  • Spiegelberg
  • Terumo Corporation
  • Delta Surgical Limited
  • Argi Grup
  • Surgiwear Ltd.
  • Wellong Instruments Co. Ltd.
  • Natus Medical Incorporated
  • Stryker Corporation
  • Penumbra

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