Hydrocephalus Shunts Market Size and Share
The hydrocephalus shunts market size reached US$ 821.2 Million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 1,375.7 Million by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.
Hydrocephalus shunts are medical devices designed to treat hydrocephalus, a condition characterized by an accumulation of cerebrospinal fluid in the brain, leading to increased intracranial pressure. Shunts offer a crucial solution by diverting excess fluid from the brain to another body cavity, typically the abdominal cavity, where it can be absorbed.