Author: Himanshu Patni
13 July 2023
Cerebrospinal Fluid Management (CSF) is a term for a clear, colorless liquid that acts as a cushion to protect the brain and spinal cord from harm or unexpected impact. The central nervous system can work properly by having this liquid eliminate waste from the brain. The safe removal of cerebrospinal fluid from the ventricles of the lumbar spine or brain is accomplished by means of a variety of CSF management devices, which are utilized to control elevated intracranial pressure.
The Cerebrospinal Fluid Management Market is expected to grow at a steady rate of around 4.6% during the forecast period (2022-2028) owing to the increasing use of cerebrospinal fluid (CSF) tests more frequently to identify meningitis and other infectious disorders of the brain and spinal cord. In the upcoming years, there will be an increased demand for devices to manage cerebrospinal fluid leaks due to the high frequency of chronic rhinosinusitis with nasal polyps in nations like the United States. Major companies are entering into collaboration, thus having a positive impact on market growth. For instance, in April 2021, Medtronic plc and Surgical Theater announced a partnership to interface Surgical Theater’s SyncAR augmented reality (AR) technology with Medtronic’s StealthStation S8 surgical navigation system. This collaboration will enable neurosurgeons to use AR technology in real-time to enhance visualization during complex cranial procedures.
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Based on product, the market is segmented into CSF shunts and CSF drainage systems. The CSF drainage system segment accounted for a considerable CAGR in 2020. This is a result of their extensive use in monitoring various CSF-related disorders i.e., acute, and obstructive hydrocephalus. Additionally, it is anticipated that research in this area to address the limits of current technologies will accelerate the development of this area. For instance, in 2021, BeckerSmith Medical, Inc. recently unveiled the first automated cerebral spinal fluid drain monitoring device, which makes it possible to shorten patient stays and ICU workload.
On the basis of end user, the market is categorized into pediatric, adult, and geriatric. Among these, The pediatrics segment accounted for the largest share of revenue in 2020 due to the rising incidence of congenital hydrocephalus and the increasing frequency of shunt surgery in the pediatric population. However, Congenital hydrocephalus is caused by a brain malformation or birth defect that causes excessive cerebrospinal fluid (CSF) to accumulate in brain cavities, called subarachnoid space.
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For a better understanding of the market adoption of the Cerebrospinal fluid management industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is due to the presence of neurosurgeons in developed countries and the rapid increase in the elderly population. According to WHO, China’s population over the age of 60 is expected to reach 28% by 2040. The factors mentioned above, coupled with the high prevalence of Japanese encephalitis in the country, will contribute to the growth of the region in the projected time frame.
Some of the major players operating in the market include Elekta, Medtronic, B. Braun SE, Sophysa, BeckerSmith Medical, Neuromedex GmbH, Medical Device Business Services, Inc., Spiegelberg GmbH & Co. KG, Integra LifeSciences, Möller Medical GmbH.
Global Cerebrospinal Fluid Management Market Segmentation
Market Insight, by Product
· CSF Shunts
· CSF Drainage Systems
Market Insight, by End User
· Pediatric
· Adult
· Geriatric
Market Insight, by Region
· North America
o The US
o Canada
o Rest of North America
· Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
· Elekta
· Medtronic
· B. Braun SE
· Sophysa
· BeckerSmith Medical
· Neuromedex GmbH
· Medical Device Business Services, Inc.
· Spiegelberg GmbH & Co. KG
· Integra LifeSciences
· Möller Medical GmbH
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