Intrathecal Pumps Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
26269 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
An intrathecal pump is a medical device used to deliver medications directly into the space between the spinal cord and the protective sheath surrounding the spinal cord. Medications such as baclofen, morphine, or ziconotide may be delivered in this manner to minimize the side effects often associated with the higher doses used in oral or intravenous delivery of these drugs.
Intrathecal pump is a surgically implanted system used to infuse potent medication directly into or around the spinal cord. These pumps are typically intended for use in chronic pain and spasticity management for delivering potent medicines in the intrathecal space which allows administration of drugs in very low doses.
In the last several years, global market of Intrathecal Pumps developed steadily, with an average growth rate of 3.5%. In 2016, global revenue of Intrathecal Pumps is nearly 220 million USD; the actual production is about 5.05 thousand units.
The global average price of Intrathecal Pumps is in the decreasing trend, from 4486 USD/ Unit in 2012 to 4387 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Intrathecal Pumps includes Constant Rate Pump, Programmable Pump. The proportion of Programmable Pump in 2016 is about 91.3%. A programmable pump delivers the medication according to a rate determined by a computer program.
The Global Intrathecal Pumps Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Intrathecal Pumps Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Medtronic
Codman & Shurtleff (J&J)
Flowonix
Tricumed In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Constant Rate Pump
Programmable Pump In Market segmentation by applications :
Chronic Pain
Spasticity Management
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Intrathecal Pumps Market for the forecast period 2023 - 2030?
• What are the driving forces in the Intrathecal Pumps Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Intrathecal Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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