| Product Code: ETC6418228 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bhutan External Ventricular Drain (EVD) market is characterized by a moderate level of competition with the presence of both domestic and international manufacturers. The market is primarily driven by the increasing incidence of neurological disorders and traumatic brain injuries in the country. Key players in the Bhutan EVD market focus on product innovation, quality, and affordability to gain a competitive edge. The demand for EVDs is expected to grow steadily due to the rising awareness about the benefits of these devices in managing intracranial pressure. Additionally, the government`s initiatives to improve healthcare infrastructure and access to advanced medical technologies are likely to further boost market growth. Overall, the Bhutan EVD market presents opportunities for companies to expand their presence and cater to the growing healthcare needs of the population.
The Bhutan External Ventricular Drain (EVD) market is experiencing growth due to an increasing prevalence of neurological conditions and a rising geriatric population. Key trends include the adoption of technologically advanced EVD devices with improved safety features and better patient outcomes. Opportunities in the market lie in the development of innovative EVD products that cater to specific patient needs, such as minimally invasive options and devices with integrated monitoring capabilities. Additionally, collaborations between healthcare providers and medical device companies can help in expanding market reach and increasing awareness about the importance of EVD in managing various neurological conditions. Overall, the Bhutan EVD market presents promising prospects for companies willing to invest in research and development to address the evolving needs of patients and healthcare providers.
In the Bhutan External Ventricular Drain (EVD) market, challenges are primarily related to limited healthcare infrastructure and resources, leading to a shortage of trained personnel to properly manage and maintain EVD devices. Additionally, the high cost of EVD equipment and consumables poses a significant financial barrier for hospitals and patients in Bhutan. Import regulations and customs procedures can also hinder the timely procurement of EVD devices, impacting patient care. Lack of awareness about the benefits of EVD among healthcare professionals and patients further complicates market growth. Addressing these challenges will require investments in healthcare infrastructure, training programs for medical staff, and efforts to streamline import processes to ensure timely access to EVD devices in Bhutan.
The Bhutan External Ventricular Drain (EVD) market is primarily driven by the increasing prevalence of neurological disorders and traumatic brain injuries in the country. The growing awareness about the importance of timely and effective treatment for these conditions has led to a rising demand for EVD procedures. Additionally, advancements in healthcare infrastructure and technology have improved the accessibility and quality of neurosurgical procedures, further fueling market growth. The supportive government initiatives and healthcare reforms aimed at enhancing critical care services in Bhutan are also contributing to the expansion of the EVD market. Furthermore, the rising geriatric population and the overall improvement in healthcare expenditure are expected to continue driving the market in the coming years.
The Bhutan government has implemented various policies related to medical devices, including external ventricular drains (EVDs). These policies focus on ensuring the safety, quality, and efficacy of medical devices imported and distributed in the country. The government requires EVDs to meet specific regulatory standards and undergo proper licensing and registration procedures before they can be sold in the market. Additionally, there are guidelines in place to oversee the pricing and reimbursement of medical devices, including EVDs, to make them accessible and affordable to the Bhutanese population. The government also emphasizes the importance of post-market surveillance to monitor the performance and safety of EVDs in clinical settings, aiming to protect public health and promote the well-being of patients in need of neurosurgical interventions.
The future outlook for the Bhutan External Ventricular Drain (EVD) market is positive, with growth expected due to an increase in neurosurgical procedures and rising incidences of conditions that require EVD placement such as traumatic brain injuries and intracranial hemorrhages. The market is likely to be driven by advancements in technology leading to the development of more efficient and safer EVD devices, as well as increased awareness and adoption of neurosurgical interventions in the country. Additionally, the growing healthcare infrastructure and improving access to healthcare services in Bhutan are expected to contribute to the expansion of the EVD market. Overall, the market is anticipated to witness steady growth in the coming years, presenting opportunities for market players to innovate and expand their presence in the Bhutanese healthcare sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan External Ventricular Drain Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan External Ventricular Drain Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan External Ventricular Drain Market - Industry Life Cycle |
3.4 Bhutan External Ventricular Drain Market - Porter's Five Forces |
3.5 Bhutan External Ventricular Drain Market Revenues & Volume Share, By Patient Type, 2021 & 2031F |
3.6 Bhutan External Ventricular Drain Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bhutan External Ventricular Drain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of neurological disorders in Bhutan |
4.2.2 Growing awareness about neurosurgical procedures and treatments |
4.2.3 Technological advancements in external ventricular drain devices |
4.3 Market Restraints |
4.3.1 Limited healthcare infrastructure and resources in Bhutan |
4.3.2 High cost associated with external ventricular drain procedures |
4.3.3 Lack of skilled healthcare professionals specializing in neurosurgery |
5 Bhutan External Ventricular Drain Market Trends |
6 Bhutan External Ventricular Drain Market, By Types |
6.1 Bhutan External Ventricular Drain Market, By Patient Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan External Ventricular Drain Market Revenues & Volume, By Patient Type, 2021- 2031F |
6.1.3 Bhutan External Ventricular Drain Market Revenues & Volume, By Pediatric, 2021- 2031F |
6.1.4 Bhutan External Ventricular Drain Market Revenues & Volume, By Adult, 2021- 2031F |
6.2 Bhutan External Ventricular Drain Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bhutan External Ventricular Drain Market Revenues & Volume, By Traumatic Brain Injury, 2021- 2031F |
6.2.3 Bhutan External Ventricular Drain Market Revenues & Volume, By Subarachnoid Hemorrhage, 2021- 2031F |
6.2.4 Bhutan External Ventricular Drain Market Revenues & Volume, By Intracerebral Hemorrhage, 2021- 2031F |
6.2.5 Bhutan External Ventricular Drain Market Revenues & Volume, By Other, 2021- 2031F |
7 Bhutan External Ventricular Drain Market Import-Export Trade Statistics |
7.1 Bhutan External Ventricular Drain Market Export to Major Countries |
7.2 Bhutan External Ventricular Drain Market Imports from Major Countries |
8 Bhutan External Ventricular Drain Market Key Performance Indicators |
8.1 Number of neurosurgical procedures involving external ventricular drains performed annually in Bhutan |
8.2 Adoption rate of advanced external ventricular drain devices in Bhutanese hospitals |
8.3 Patient outcome and recovery rates following external ventricular drain placement |
9 Bhutan External Ventricular Drain Market - Opportunity Assessment |
9.1 Bhutan External Ventricular Drain Market Opportunity Assessment, By Patient Type, 2021 & 2031F |
9.2 Bhutan External Ventricular Drain Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bhutan External Ventricular Drain Market - Competitive Landscape |
10.1 Bhutan External Ventricular Drain Market Revenue Share, By Companies, 2024 |
10.2 Bhutan External Ventricular Drain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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