Neuromodulation Devices and Implantable Infusion Pumps Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Financial Impact Analysis)
ID : MRU_
115231 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Neuromodulation Devices and Implantable Infusion Pumps industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Neuromodulation Devices and Implantable Infusion Pumps by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
An implantable infusion pump (IIP) is intended to provide long-term continuous or intermittent drug infusion. Possible routes of administration include intravenous, intra-arterial, subcutaneous, intraperitoneal, intrathecal, epidural, and intraventricular. The IIP is surgically placed in a subcutaneous pocket under the infraclavicular fossa or in the abdominal wall, and a catheter is threaded into the desired position.
The production mainly distributed in two regions of USA: Puerto Rico (83%), Massachusetts (17%). Medtronic is the manufacturing giants in this field, taking about 83% of the USA production. Medtronic is the largest player with 83% production market, followed by Codman & Shurtleff (J&J) with 15% in 2015.
USA implantable infusion pumps consumption increased from 23.71 K units in 2011 to 28.69 K units in 2015, with an average growth rate of 3.85%. Cancer Treatment and chronic pain treatment are the major fields where implantable infusion pumps are frequently used. In 2015, 18.14 K units\' implantable infusion pumps were used to relieve the pain of Cancer, accounting for 66.6% of the USA total consumption. 26% of implantable infusion pumps were used for chronic pain treatment.
With fast technology development and strong demand, implantable infusion pumps price kept relatively stable and changed from 9964 USD/Unit in 2011 to 9456 USD/Unit in 2015.
It is expected that the USA implantable infusion pumps comsumption will be 35 K Units in 2022 and the production revenue will reach 311 million USD. At the same time, the price may gradually decline. This industry is easily affected by the technological innovation and the policy.
The report forecast global Neuromodulation Devices and Implantable Infusion Pumps market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Neuromodulation Devices and Implantable Infusion Pumps market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Medtronic
Boston Scientific Corporation
St. Jude Medical
Synapse Biomedical
Nevro Corporation
Neuropace
Cyberonics
Autonomic Technologies
Avery Biomedical
Greatbatch Medical
At the same time, we classify Neuromodulation Devices and Implantable Infusion Pumps according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Spinal Cord Stimulation
Deep Brain Stimulation
Sacral Nerve Stimulation
Vagal Nerve Stimulation
Gastric Stimulation
Transcranial magnetic Stimulation
Transcutaneous Electrical Stimulation
Other Market by Application
Parkinson&s disease
Epilepsy
Pain
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Neuromodulation Devices and Implantable Infusion Pumps market for the forecast period 2023 - 2030?
• What are the driving forces in the Neuromodulation Devices and Implantable Infusion 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 Neuromodulation Devices and Implantable Infusion 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?
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