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Hydrocephalus is a medical condition that occurs when there is an abnormal accumulation of cerebrospinal fluid (CSF) in the brain. This condition can be caused by a variety of factors, such as congenital abnormalities, brain tumors, infections, or head injuries. Hydrocephalus can lead to an increase in intracranial pressure, which can damage brain tissue and lead to serious neurological problems. The hydrocephalus market is a growing area of interest for pharmaceutical and medical device companies, as there is a need for effective treatments for this condition.

The hydrocephalus market was estimated at US$ 7.1 billion in 2021 and is expected to grow at a CAGR of 4.35% during 2022-2028 to reach US$ ~8.56 billion in 2028.

One of the main treatments for hydrocephalus is the use of shunt devices, which are implanted to drain excess CSF from the brain to other parts of the body. However, shunt devices are associated with complications such as infections, blockages, and malfunctions, which can require additional surgeries and hospitalizations. Therefore, there is a need for more effective and durable shunt devices.

The hydrocephalus market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America dominated the market for hydrocephalus shunts in 2021. Due to its stronger healthcare infrastructure, which encourages the use of technologically advanced shunts, and its rising hydrocephalus awareness, the US is a significant contributor to the market in this area. The National Institute of Neurological Disorders and Stroke (NINDS) estimates that 1-2 out of every 1,000 children born in the US will have hydrocephalus. According to the University of California's Los Angeles Health Organization, 125,000 Americans currently have cerebrospinal fluid shunts in place.

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The hydrocephalus market also includes pharmaceutical treatments, such as diuretics and steroids, which can reduce the production of CSF and alleviate symptoms. However, these treatments are not always effective and may have side effects. Therefore, there is a need for new pharmaceutical treatments that can effectively manage hydrocephalus symptoms.

Overall, the hydrocephalus market is a growing area of interest for pharmaceutical and medical device companies. The development of new shunt devices, non-invasive treatments, and pharmaceuticals may improve the quality of life for patients with hydrocephalus and reduce the complications associated with traditional treatments. As research and development in this field continues, the hydrocephalus market is likely to grow and evolve, providing new options for patients and healthcare providers.