The global Cerebrospinal Fluid Market size is expected to reach USD 2.31 Billion in 2028 and register a revenue CAGR of 4.8% over the forecast period, according to latest report by Reports and Data. Factors that are expected to drive market revenue growth include increasing number of people suffering from neurological diseases, a surge in demand for minimally invasive surgeries, and rapid advancements in healthcare facilities.

Growth of the market is being fueled by rising prevalence of hydrocephalus and subsequent increase in incidence of ventriculomegaly across the globe. Furthermore, implementation of advanced sensors in cerebrospinal fluid devices due to rapid advancements in technology has improved quality of diagnosis. This is another major factor to support revenue growth of the market.

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Some Key Highlights from the Report

• In April 2021, Biocept announced complete commercial launch of CNSide cerebrospinal fluid assay to address the needs of patients with metastatic brain cancer. Initially introduced in January 2020, the assays can provide a timely and accurate method to diagnose disease, identify actionable biomarkers, and assess response to therapy impacting quality of life and life expectancy.
• The shunts segment is expected to register robust revenue growth rate during the forecast period owing to increasing numbers of revision shunt surgeries being performed due to shunt malfunction and infection. Shunts are found to be useful for diversion of cerebrospinal fluid in a controlled manner away from the central nervous system (CNS) fluid compartments. It provides an alternative pathway for fluid flow.
• The pediatric segment accounted for significant revenue share in 2020, which can be attributed to rising incidence of congenital hydrocephalus and a surge in shunting procedures performed in pediatric population. Hydrocephalus is a common congenital condition in children, and it occurs in one or two babies per 1000 live births.
• Hospital segment accounted for largest revenue share in 2020 and is anticipated to grow at the highest rate during the forecast period, owing to a large number of in-hospital cases related to Cerebrospinal Fluid in elderly population. Additionally, treatment of this disease requires sophisticated equipment and proper infrastructure which are generally available in hospitals.
• The market in Asia-Pacific is expected to register fastest revenue growth rate during the forecast period. Increasing prevalence of congenital hydrocephalus in China, rising geriatric population in different countries in the region, and growing medical tourism in India and several other countries are driving revenue growth of this regional market. Increasing awareness about neurological diseases and related treatment options in the region, coupled with rising incidence of stroke, is also creating increased need for Cerebrospinal Fluid.

Key Players covered in this report are

Medtronic PLC, BeckerSmith Medical Inc., Integra Lifesciences, B. Braun Melsungen, Spiegelberg GmbH & Co. KG, Sophysa S.A., Natus Medical Incorporated, Moller Medical GmbH, Delta Surgical, and DePuy Synthes.

By Type Outlook

• Shunts
• Ventriculoperitoneal Shunts
• Ventriculoatrial Shunts
• Lumboperitoneal Shunts
• Ventriculopleural Shunts
• Fixed Valve Shunts
• Adjustable Valve Shunts
• External Drainage Systems
• External Ventricular Drainage Systems
• Lumbar Drainage Systems

By Patient Type Outlook

• Pediatric
• Adult
• Geriatric

By End-Use Outlook

• Hospitals
• Clinics
• Others

Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Major Points covered in this report are as below:

• In this report, market development trends and marketing channels in the Cerebrospinal Fluid industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.

• 
  This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.
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  Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.
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  For companies and individuals interested in the Cerebrospinal Fluid industry, the Cerebrospinal Fluid Market report provides information on the current market status of the Cerebrospinal Fluid manufacturers and provides valuable guidance and direction.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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