External Ventricular Drain Market Value to Cross US$ 3.97 Bn by 2030

According to Precedence Research, the global External Ventricular Drain Market size attained US$ 2.51 billion in 2020 and is projected to reach a value of US$ 3.97 billion by 2030, growing at a CAGR of 5.2% from 2021 to 2030.

The report "External Ventricular Drain Market (By Indication: Traumatic Brain Injury (TBI), Subarachnoid Hemorrhage into CSF, Meningitis, Posterior Fossa Tumor, Subdural Hematoma (SDH), Hematomas Posterior Fossa, IV Ventricle Obstruction, and Others; By End-User: Hospitals, Pediatric Care Center, Ambulatory Surgery Centers, and Others) - Global Market Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts 2021 - 2030”. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, and the overall market environment.

In this study, the years considered to estimate the market size of External Ventricular Drain Market are as follows:

History Year: 2017-2020
Base Year: 2020
Forecast Year 2021 to 2030

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The development of external ventricular drains is an illustration of technological modernization and progress in the neurosurgery domain. Numerous neurosurgical methods have been improved with the integration of computer-assisted steering using an amalgamation of patient anatomy and imagery in the external ventricular drains (EVD). This expertise has been united for the placing of external ventricular drains. Injection of EVDs is a vital procedure in neural care units as such drains offer ICP (continuous intracranial pressure) audit and CSF (cerebrospinal fluid) digression. Currently, the placing of external ventricular drains is among the most commonplace procedures, especially in neurological processes executed in the (ICU) intensive care unit.

Key Highlights:

• Among the indication segment, traumatic brain injuries (TBI) dominated the overall market in 2020. The rising number of accidents and sports-related injuries are the foremost factors attributing to its large market share. The meningitis segment is anticipated to grow at the uppermost CAGR through the forecast duration.
• Hospitals accounted for the major share in the end-user segment with more than 46% share in 2020 due to high preference for hospitals to carry out complex neurosurgical procedures. Moreover, hospitals are equipped with the latest equipment required for advanced procedures.
• Medtronic and Integra Life Sciences Corporation accounted for a significant share of the global external ventricular drain market.

Growth Factors:

Factors such as growing incidence of neurological diseases, growing focus on research and development in the field of neuro care, rising number of traumatic brain injuries due to road accidents, fast adoption of latest healthcare technology globally, growing number of cranial injuries, growing demand for less invasive neurosurgical procedures, multiple advantages offered by external ventricular drain procedures, and rising awareness related to neurological disorders in low-income countries are driving the growth of external ventricular drain market. Moreover, increasing per capita healthcare expenditure across the globe is driving the external ventricular drain market growth across the world. Additional features that are expected to fuel this business are integration of latest technologies and growing investment by key manufacturers.

Administrations across the globe are increasing their expenditure to deliver better healthcare facilities. For example, an examination based on primary government statistics by the Centers for Medicaid &Medicare Services discloses that the United States healthcare expenditure grew 4.6% in the year 2018, attaining USD 3.6 trillion (USD 11,172 per individual). As a portion of the country's GDP (Gross Domestic Product), health expenditure accounted for almost 18%. Further developed nations such as Japan, Germany, and France are too increasing their healthcare expenditure each year. The healthcare system of France includes the private-public mix of ambulatory care and hospital with a higher capacity of service supplies, as compared to the United States. Apart from advanced countries, healthcare expenditure is also increasing in emerging countries throughout the world. Emerging countries are focusing on providing improved healthcare facilities to a large populace. For instance, public health spending in India has been progressively rising over the previous decade so as to cater to its increasing population. In the financial year 2018, the cost of public health outlay by states and UTs (union territories) collectively amounted to about USD 21.14 billion. This was valued to be about 1.28% of the nation’s Gross Domestic Product.

Regional Analysis:

The report includes information for Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. In 2020, the North America region dominated the worldwide market with a market share of higher than 42%. The U.S. indicated the highest slice in North America principally due to early application of latest healthcare technologies. Moreover, availability of latest infrastructure also supported the high market portion of North America.

Europe was the subsequent significant market chiefly due to presence of skilled researchers. Presence of major companies in the European region is also expected to lift the demand for external ventricular drain in the anticipated time-span. The Asia Pacific region is projected to grow at the highest CAGR of around6.8% in the estimate period due to increasing per capita healthcare expenditure and high number of accident-related brain injuries. Latin America and Middle East and African region will display noticeable growth.

Major Players Covered in this Report

The updated market research report on External Ventricular Drain Market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

• Company Overview
• Company Market Share/Positioning Analysis
• Product Offerings
• Financial Performance
• Recent Initiatives
• Key Strategies Adopted by Players
• Vendor Landscape
• List of Suppliers
• List of Buyers

Top Manufacturers in the External Ventricular Drain Market are

• Medtronic
• Integra LifeSciences Corporation
• Spiegelberg
• Sophysa
• Möller Medical
• Fugi Systems Corporation

Recent Developments:

• In June 2019, Integra LifeSciences took over Arkis Biosciences Inc. which offers a range of neurosurgical equipment’s, such as the CerebroFlo EVD catheter with Endexo technology, a perpetual additive intended to reduce the probability for catheter obstacle due to thrombus creation.

Major Market Segments Covered:

By Indication

• Traumatic Brain Injury (TBI)
• Subarachnoid Hemorrhage into CSF
• Meningitis
• Posterior Fossa Tumor
• Subdural Hematoma (SDH)
• Hematomas Posterior Fossa
• IV Ventricle Obstruction
• Others

By End-User

• Hospitals
• Pediatric Care Center
• Ambulatory Surgery Centers
• Others

By Geography

• North America
  • • U.S.
    • Canada
• Europe
  • • Germany
    • France
    • United Kingdom
    • Rest of Europe
• Asia Pacific
• • • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
• Latin America
  • • Brazil
    • Rest of Latin America
• Middle East & Africa (MEA)
  • • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. DataSources
2.3. Assumptions& Limitations

Chapter 3. ExecutiveSummary

3.1. Market Snapshot

Chapter 4. Blockchain IoT Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Blockchain IoT Market

5.1. Covid-19: Blockchain IoTIndustry Impact
5.2. Blockchain IoTBusiness Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Blockchain IoTOpportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Blockchain IoT Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Blockchain IoT Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growing adoption of Internet of Things (IoT)
6.1.1.2. Rising focus on operational efficiency
6.1.2. Market Restraints
6.1.2.1. Uncertain regulatory status
6.1.3. Market Opportunities
6.1.3.1. Growing implementation of blockchain technology in the healthcare sector
6.1.3.2. Integration of latest technologies and growing investment by governments

Chapter 7. Global Blockchain IoT Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Blockchain IoT Market Revenue by Market Players (2016 -2019)
7.1.1.2. Blockchain IoT Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Blockchain IoT Market, By Component

8.1. Blockchain IoT Market, by Component, 2017-2030
8.1.1. Services
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Hardware
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Software
8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Blockchain IoT Market, By Application

9.1. Blockchain IoT Market, by Application, 2017-2030
9.1.1. Data Security
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Asset Management and Tracking
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Smart Contracts
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Data Sharing
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Blockchain IoT Market, By End-Use Industry

10.1. Blockchain IoT Market, by End-Use Industry, 2017-2030
10.1.1. Retail
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Transportation
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Smart City
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Manufacturing
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Construction
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Consumer Electronics
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Healthcare
10.1.7.1. Market Revenue and Forecast (2017-2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Blockchain IoT Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Component(2017-2030)
11.1.2. Market Revenue Forecast by Application (2017-2030)
11.1.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Component (2017-2030)
11.2.2. Market Revenue Forecast by Application (2017-2030)
11.2.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Component (2017-2030)
11.3.2. Market Revenue Forecast by Application (2017-2030)
11.3.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Component (2017-2030)
11.4.2. Market Revenue Forecast by Application (2017-2030)
11.4.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Component (2017-2030)
11.5.2. Market Revenue Forecast by Application (2017-2030)
11.5.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. The Linux Foundation
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Component Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.1.4. Recent Developments and Strategies
12.2. KrypC
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Component Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.2.4. Recent Developments and Strategies
12.3. Microsoft
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Component Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.3.4. Recent Developments and Strategies
12.4. Amazon
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Component Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.4.4. Recent Developments and Strategies
12.5. Ethereum Foundation
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Component Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.5.4. Recent Developments and Strategies
12.6. Cisco Systems
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Component Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.6.4. Recent Developments and Strategies
12.7. IoTEX
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Component Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.7.4. Recent Developments and Strategies
12.8. IBM
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Component Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.8.4. Recent Developments and Strategies
12.9. Intel
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Component Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.9.4. Recent Developments and Strategies
12.10. R3
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Component Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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