Market Overview:
The global ventricular drainage bags market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of neurological disorders, rising geriatric population, and technological advancements in ventricular drainage bags. Based on type, the global ventricular drainage bags market is segmented into single chamber and double chamber. The single chamber segment is expected to dominate the market during the forecast period owing to its low cost and easy availability. Based on application, the global ventricular drainage bags market is segmented into hospital, clinic, and other applications. The hospital segment dominates the global ventricular drainage bags market due to increasing number of patients with neurological disorders requiring surgical intervention such as hydrocephalus or brain tumor removal surgeries that require use of a Ventriculostomy Drainage Bag (VDB). Geographically, North America dominates the global Ventricular Drainage Bags Market followed by Europe due high prevalence rate for neurological diseases such as stroke & Alzheimer’s disease which leads increased demand for VDB products in these regions .
Product Definition:
A ventricular drainage bag is a type of medical device that is used to collect fluid from the ventricles of the brain. This type of drainage bag is typically used to treat patients who have experienced a stroke, as it can help to reduce swelling and pressure in the brain. Ventricular drainage bags are also often used after head or spinal surgery in order to remove any excess blood or cerebrospinal fluid.
Single Chamber:
Single chamber is a device used to empty the infected fluid from the ventricular drainage bags. It’s major function is to prevent infection of other parts of body by removing blood and infected fluids. The single chamber devices are mostly used in ICU (intensive care unit) patients where there is a risk of developing pressure sores on legs, arms or other body parts due to prolonged drainage period in bedridden conditions.
The single chamber device works as an alternative for double.
Double Chameber:
Double chameber is a device used to drain fluid from the ventricular cavity. It consists of two separate chambers connected by a flexible hose. One chamber contains the fluid and the other one acts as an airway for patient respiration. The system works like a vacuum cleaner, drawing blood into one chamber and air into other through flexible hose attached with it.
Application Insights:
Based on the application, the market is segmented into hospital, clinic and others. Hospital was estimated as the largest revenue generating segment in 2017 owing to increasing number of patients suffering from cardiac arrest at a hospital. Ventricular drainage bags are used for treating life-threatening conditions such as brain swelling due to subarachnoid hemorrhage or acute traumatic brain injury (TBI). These types of injuries may cause severe neurological damage if proper treatment is not provided immediately after TBI occurs. Thus, demand for ventricular drainage bags in hospitals is expected to increase significantly over the forecast period owing to rising incidence of TBIs across various age groups and genders worldwide.
The Clinic segment held a considerable share in 2017 and is expected to grow at a lucrative rate during the forecast period owing to growing awareness about better healthcare facilities among people all over the world especially after COVID-19 pandemic situation has been resolved recently.
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of cardiac disorders, increasing geriatric population, and availability of highly skilled physicians. Moreover, growing number of research studies conducted on ventricular drain bags is expected to drive the regional demand for VDBs.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising healthcare expenditure by governments and private sectors in developing economies such as India and China. In addition, favorable government initiatives pertaining to installation of advanced medical devices are also expected favorably impact regional growth over the forecast period.
Growth Factors:
- Increasing incidence of heart failure: The global prevalence of heart failure is expected to increase from 26 million in 2016 to 40 million by 2030. This will create a large demand for ventricular drainage bags as these are used for the management of heart failure.
- Growing geriatric population: The global geriatric population is expected to grow from 524 million in 2016 to 1.6 billion by 2050, creating a large pool of patients who will require ventricular drainage bags for the treatment of various cardiac conditions.
- Technological advancements: Ventricular drainage bag manufacturers are constantly innovating and introducing new products with advanced features that improve patient outcomes and simplify use. This will help drive growth in the market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ventricular Drainage Bags Market Research Report
By Type
Single Chamber, Double Chameber
By Application
Hospital, Clinic, Other
By Companies
Sophysa, Dispomedica, Spiegelberg GmbH & Co. KG, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Ventricular Drainage Bags Market Report Segments:
The global Ventricular Drainage Bags market is segmented on the basis of:
Types
Single Chamber, Double Chameber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sophysa
- Dispomedica
- Spiegelberg GmbH & Co. KG
- Medtronic
Highlights of The Ventricular Drainage Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Chamber
- Double Chameber
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ventricular Drainage Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ventricular drainage bags are a type of medical device that is inserted into the ventricles of the brain to remove fluid and blood.
Some of the major players in the ventricular drainage bags market are Sophysa, Dispomedica, Spiegelberg GmbH & Co. KG, Medtronic.
The ventricular drainage bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ventricular Drainage Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ventricular Drainage Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ventricular Drainage Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ventricular Drainage Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ventricular Drainage Bags Market Size & Forecast, 2020-2028
4.5.1 Ventricular Drainage Bags Market Size and Y-o-Y Growth
4.5.2 Ventricular Drainage Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Chamber
5.2.2 Double Chameber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ventricular Drainage Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ventricular Drainage Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Chamber
9.6.2 Double Chameber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Chamber
10.6.2 Double Chameber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Chamber
11.6.2 Double Chameber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Chamber
12.6.2 Double Chameber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Chamber
13.6.2 Double Chameber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ventricular Drainage Bags Market: Competitive Dashboard
14.2 Global Ventricular Drainage Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sophysa
14.3.2 Dispomedica
14.3.3 Spiegelberg GmbH & Co. KG
14.3.4 Medtronic
