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Vendor-of-choice option to be explored in the Needle Free Diabetes Care Market

The Needle Free Diabetes Care Market is expected to grow on an irrevocable note in the upcoming period. The medical landscape is witnessing an influx of at-home diagnostic kits. This trend of on-demand products is likely to take the healthcare vertical by storm in the upcoming period. It has been observed that home kits aid in educating patients and bringing them to the medical visits better prepared, thereby curtailing the time taken for diagnosis. The status quo would help in keeping the healthcare vertical’s cash registers ringing going forward as well.

Cerebrospinal fluid is collected in external collection bag from the lateral ventricles of the brain, or the lumbar space of the spine. An external ventricular drainage (EVD) system is used to drain CSF sample by using intercerebral pressure and combination of gravity. The drainage rate of the sample entirely depends on the height of external ventricular drainage system, placed relative to the patient’s anatomy. The external drainage and monitoring system require constant assessment and intervention during the process.

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The external drainage and monitoring system market is supposed to drive by an increase in the prevalence of traumatic injuries and strokes. The rise in a number of cases of brain surgery in children has also boosted the growth of this market. Moreover, the technical advancements in the field of pressure monitoring have influenced the growth of external drainage and monitoring system market.

Rise in healthcare expenditure, and increasing geriatric population will propel the demand of external drainage and monitoring system market. However, this is a very critical procedure which restraint the growth of external drainage and monitoring system market. Also, lack of awareness among people and increasing in prices of External Ventricle Devices (EVD) can also limit the growth of external drainage and monitoring system market.

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Market Segmentation

Indication
  • Posterior Fossa Tumor
  • Hematomas Posterior Fossa
  • IV Ventricle Obstruction
  • Cranial Injuries
  • Subdural Hematomas
  • Meningitis
  • Subarachnoid Hemorrhage into CSF
  • Other
End Users
  • Pediatric Care Center
  • Neurology Hospitals
  • Nursing Home
Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Regional Analysis

On the basis of regional presence, global external drainage and monitoring system market is segmented into five key regions viz.  North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America is the largest market for external drainage and monitoring system owing to increasing prevalence of neurological disorders and traumatic injuries. This market is then followed by Europe and Asia-Pacific.

Rise in healthcare infrastructure and favorable reimbursement scenario is responsible for the growth of external drainage and monitoring system market in Europe.  Asia Pacific is fasted growing market for external drainage and monitoring system due to the attention of new investors. India and China are expected to offer an excellent opportunity for external drainage and monitoring system market to grow in Asia Pacific region.

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