Market Overview:
The global pain pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic pain, rising geriatric population, and technological advancements in pain pumps. Based on type, the global pain pumps market is segmented into disposable and reusable types. The disposable type segment is expected to grow at a higher CAGR than the reusable type segment during the forecast period from 2018 to 2030. This can be attributed to factors such as growing preference for disposables over reusables due to their ease of use and lower infection rates, and increasing demand for minimally invasive surgeries that require disposable pain pumps. Based on application, the global pain pumps market is divided into hospital, clinic, and other applications segments.
Product Definition:
A pain pump is a device that delivers medication directly to the site of pain. This can be an important tool for managing chronic pain, as it can provide more consistent relief than medications taken orally.
Disposable:
Disposable is a term used for items that are intended to be used only once. It can be in the form of products like syringes, medical gloves, swabs and applicators or even instruments like needles. Disposable products are designed to limit cross contamination between patients as well as reduce the risk of infection being passed from one patient to another through reusable items often have a longer shelf life than non-disposable counterparts.
Reusable:
Reusable is a device which can be used more than once. It’s major use is in the field of medical devices, where it has been approved by the FDA as a class II medical device. The other major use of reusable components are in the field of laboratory and pharmaceutical research, where they have been used for many years without any adverse effect on patients or doctors.
Application Insights:
The hospital segment dominated the global pain pumps market in 2017. The increasing prevalence of chronic diseases, such as heart disease, cancer and diabetes, is expected to drive the demand for advanced pain management solutions in hospitals. Furthermore, a rising number of surgeries and an increase in the complexity of procedures are further anticipated to boost product demand over the forecast period.
The other application segment includes clinics and pharmacies. Pain management clinics have been gaining traction at a rapid pace owing to their ability to provide effective treatment for chronic pains with minimal invasive procedures compared with surgery or medication. Increasing awareness about these clinics coupled with growing acceptance among patients has led major clinic operators across various regions including North America and Europe adopt a proactive approach by scheduling regular appointments for pain management treatments thus driving growth over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels. Moreover, quick adoption of technologically advanced products for pain management is also expected to drive this regional market over the forecast period.
Asia Pacific is expected to be one of the fastest growing regions due to increasing number of product launches and favorable government initiatives pertaining pain pumps. For instance, in September 2016, Medtronic launched Infuse system that helps manage chronic low back pain by providing long-term therapy with a single device implantation procedure as an alternative for fusion surgeries or other devices such as spinal cord stimulation or transcutaneous electrical nerve stimulation (TENS). The launch was supported by clinical study under regulatory approval from New South Wales State Government Department of Health (NSWGHD) which showed its safety and efficacy in treating lower back Pain condition over 2 years duration compared with other therapies used previously.
Growth Factors:
- Increasing prevalence of chronic pain conditions: The global prevalence of chronic pain is estimated to be around 20%, and this number is projected to grow in the coming years due to the aging population and rising rates of lifestyle-related diseases. This will create a larger pool of patients who could benefit from treatment with pain pumps.
- Advances in technology: Pain pump manufacturers are constantly innovating their products, with new features such as wireless connectivity and programmable dosage settings that make them easier to use and more effective at managing pain. This will help spur growth in the market.
- Growing awareness about the benefits of pain pumps: There is growing awareness among both healthcare professionals and patients about the benefits of using pain pumps for treating various types of chronicpain conditions, such as backache, neckache, joint pains, etc. This is helping to drive demand for these devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pain Pumps Market Research Report
By Type
Disposable, Reusable
By Application
Hospital, Clinic, Other
By Companies
Teleflex, Ambu Inc., Avanos Pain Management, Smiths Medical, Inc., PAJUNK, Teleflex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Pain Pumps Market Report Segments:
The global Pain Pumps market is segmented on the basis of:
Types
Disposable, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Teleflex
- Ambu Inc.
- Avanos Pain Management
- Smiths Medical, Inc.
- PAJUNK
- Teleflex
Highlights of The Pain Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable
- Reusable
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pain Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A pain pump is a medical device that helps relieve pain by delivering a continuous flow of air, fluid, or other gas into the body.
Some of the major players in the pain pumps market are Teleflex, Ambu Inc., Avanos Pain Management, Smiths Medical, Inc., PAJUNK, Teleflex.
The pain pumps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pain Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pain Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pain Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pain Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pain Pumps Market Size & Forecast, 2018-2028
4.5.1 Pain Pumps Market Size and Y-o-Y Growth
4.5.2 Pain Pumps Market Absolute $ Opportunity
Chapter 5 Global Pain Pumps Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pain Pumps Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pain Pumps Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pain Pumps Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pain Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pain Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pain Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Pain Pumps Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pain Pumps Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pain Pumps Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pain Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Pain Pumps Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pain Pumps Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pain Pumps Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pain Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pain Pumps Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pain Pumps Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pain Pumps Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pain Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Pain Pumps Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pain Pumps Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pain Pumps Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pain Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pain Pumps Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pain Pumps Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pain Pumps Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pain Pumps Market: Competitive Dashboard
14.2 Global Pain Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex
14.3.2 Ambu Inc.
14.3.3 Avanos Pain Management
14.3.4 Smiths Medical, Inc.
14.3.5 PAJUNK
14.3.6 Teleflex
