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Hydrocephalus Shunts Market

On the contrary, advancements in shunt technology for reducing shunt complications are projected to create lucrative opportunities for the hydrocephalus shunts market growth. The global hydrocephalus shunts market is segmented on the basis of type, age group, and region.

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Hydrocephalus Shunts Market

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  1. Download Report Sample

  2. The global hydrocephalus shunts market size was valued at $291.00 million in 2019, and is projected to reach $322.01 million by 2027, registering a CAGR of 2.8% from 2020 to 2027. Growth in number of hydrocephalic patients across the globe majorly drives growth of the hydrocephalus shunts market. For instance, according to the National Institute of Neurological Disorders and Stroke, in 2020, 1 to 2 of every 1000 babies are born with hydrocephalus, globally. Thus, considering the total number of newborns per year, prevalence of hydrocephalus is all set to increase in the future. Furthermore, rise in cases of neurological disorders, owing to congenital abnormalities and lifestyle diseases as well as a rise in incidences of brain and nerve injuries boosts the demand for hydrocephalic shunts.  Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/2682 Hydrocephalus Shunts Market

  3. On the contrary, advancements in shunt technology for reducing shunt complications are projected to create lucrative opportunities for the hydrocephalus shunts market growth. The global hydrocephalus shunts market is segmented on the basis of type, age group, and region.  COVID-19 Impact The COVID-19 pandemic has resulted in nationwide lockdowns, which has impacted every industry vertical. Likewise, the hydrocephalus shunts market is also affected by the pandemic. The hydrocephalus shunts industry is currently facing newer challenges to cope up with demand and supply of hydrocephalus shunts, owing to the COVID-19. In addition, inconsistent and interrupted supply chain activities and unavailability of human resources are expected to impact the market growth. The sudden onset of pandemic led to shutdown of neurological wards and clinics across numerous countries. At the same time, hospitals ran out of resources, owing to huge number of COVID-19 patients. Therefore, most neurosurgeons were reassigned to COVID-19 wards, which worsened disparities in access for neurosurgical treatments to treat hydrocephalic patients. Inquire before buying @ https://www.alliedmarketresearch.com/purchase-enquiry/2682 Hydrocephalus Shunts Market

  4. Presently, North America is expected to have the highest number of populations suffering from hydrocephalus. For instance, as per the data published by the Hydrocephalus Association in 2019, an estimated 1 million people in the U.S. are affected by hydrocephalus. It also predicted that the region has 700,000 normal pressure hydrocephalic patients. In addition, the ease of availability of programmable as well as fixed-pressure shunts for patients is further anticipated to supplement growth of the hydrocephalus shunt market in North America.  Hydrocephalus Shunts Market

  5. The Major Key Players Are: • Christoph Miethke GmbH & Co. KG, • G. Surgiwear Ltd., • HLL Lifecare Limited, • HpBioPróteses, Inc., • Integra Life Sciences, • Kaneka Medix Corporation, • Medtronic plc, • Natus Medical Incorporated, • Spiegelberg GmbH & CO. KG, • Tokibo Co., Ltd. Hydrocephalus Shunts Market

  6. Key Findings of the Study: • By type, the ventriculo-pleural shunts segment is projected to grow at the highest rate during the analysis period. • By age group, the children segment is expected to dominate the global hydrocephalus shunts market throughout the forecast period. • By region, North America was the largest market in 2019, and is projected to maintain its lead during the forecast period. Hydrocephalus Shunts Market

  7. Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Hydrocephalus Shunts Market

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