Market Overview:
The global intrathecal 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 and spasticity, and the rising demand for technologically advanced intrathecal pumps. The global intrathecal pumps market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into constant rate pump and programmable pump. The programmable pump segment is expected to grow at a higher CAGR than the constant rate pump segment during the forecast period from 2018 to 2030 owing to its ability to adjust drug delivery as per patient requirements. On the basis of application,the market is divided into chronic pain management and spasticity management. The chronic pain management segment dominates this market owingtoits high prevalence across all regions studied in this research study .
Product Definition:
Intrathecal pumps are medical devices that are inserted under the skin and into the spinal canal. They deliver medications directly to the cerebrospinal fluid. Intrathecal pumps are used to treat a variety of conditions, including pain, spasticity, and overactive bladder.
Constant Rate Pump:
Constant rate pumps (CRP) are used to deliver drugs at a constant flow and pressure. They are most commonly used for the delivery of drugs that would be ineffective or dangerous to administer in bolus form. Constant rate pump is an intrathecal drug delivery device that delivers a steady stream of medication directly into the cerebrospinal fluid, thereby avoiding first pass metabolism.
Programmable Pump:
The Programmable pump is also known as intrathecal pump or pain medication pumping system. It's a device that helps in delivering drugs into the spinal canal by using suction from outside the body. The drug delivery can be triggered by events such as movement, temperature changes, pressure changes and so on.
Application Insights:
Based on application, the global intrathecal pumps market is segmented into chronic pain, spasticity management, and others. The chronic pain segment held the largest share in 2017 owing to increasing prevalence of neuropathic and nociceptive pains. According to a study published by NCBI in 2018, around 50 million people in the U.S., suffer from chronic pain every year. It also reported that around 20% of patients visiting primary care clinics are diagnosed with neuropathic or nociceptive pains each year.
The spasticity management segment is anticipated register lucrative CAGR during the forecast period due to rising number of patients suffering from cerebral palsy (CP).
Regional Analysis:
North America dominated the global intrathecal pumps market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of neurological disorders, and rising demand for innovative pain management therapies. In addition, presence of well-established healthcare facilities and highly developed healthcare infrastructure are contributing towards growth in this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to growing target population base with various neurological diseases such as Parkinson’s disease (PD) & essential tremor (ET), multiple sclerosis (MS), spinal cord injury/paralysis etc., which require long-term drug therapy at home. Moreover, increasing awareness about these pumps among patients & their families is anticipated to boost product demand in near future.
Growth Factors:
- Increasing incidence of chronic pain: The Intrathecal Pumps market is driven by the increasing incidence of chronic pain. According to the National Institute of Neurological Disorders and Stroke, around 50 million Americans are affected by chronic pain every year. This number is expected to grow in the coming years due to the aging population and rising rates of lifestyle-related diseases such as obesity and diabetes.
- Growing demand for minimally invasive procedures: Minimally invasive procedures are becoming increasingly popular due to their shorter recovery times and lower risks compared to traditional surgery. Intrathecal pumps offer a minimally invasive alternative for delivering medication directly into the spinal canal, which is why they are growing in popularity among patients with chronic pain conditions.
- Technological advancements: The Intrathecal Pumps market is benefiting from ongoing technological advancements that are making these devices smaller, more portable, and easier to use. For example, recent advances in wireless technology have made it possible for intrathecal pumps to be operated remotely, which can improve patient comfort and convenience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intrathecal Pumps Market Research Report
By Type
Constant Rate Pump, Programmable Pump
By Application
Chronic Pain, Spasticity Management
By Companies
Medtronic, Codman & Shurtleff (J&J), Flowonix, Tricumed, ...
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Intrathecal Pumps Market Report Segments:
The global Intrathecal Pumps market is segmented on the basis of:
Types
Constant Rate Pump, Programmable Pump
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
Chronic Pain, Spasticity Management
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:
- Medtronic
- Codman & Shurtleff (J&J)
- Flowonix
- Tricumed
- ...
Highlights of The Intrathecal 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:
- Constant Rate Pump
- Programmable Pump
- By Application:
- Chronic Pain
- Spasticity Management
- 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 Intrathecal 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.
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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?
Intrathecal pumps are medical devices that are inserted into the spinal cord to deliver medications or other treatments directly to the brain.
Some of the major companies in the intrathecal pumps market are Medtronic, Codman & Shurtleff (J&J), Flowonix, Tricumed.
The intrathecal pumps market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intrathecal Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intrathecal Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intrathecal Pumps Market - Supply Chain
4.5. Global Intrathecal Pumps Market Forecast
4.5.1. Intrathecal Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intrathecal Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intrathecal Pumps Market Absolute $ Opportunity
5. Global Intrathecal Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intrathecal Pumps Market Size and Volume Forecast by Type
5.3.1. Constant Rate Pump
5.3.2. Programmable Pump
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intrathecal Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intrathecal Pumps Market Size and Volume Forecast by Application
6.3.1. Chronic Pain
6.3.2. Spasticity Management
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intrathecal Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intrathecal Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intrathecal Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intrathecal Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intrathecal Pumps Demand Share Forecast, 2019-2029
9. North America Intrathecal Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intrathecal Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intrathecal Pumps Market Size and Volume Forecast by Application
9.4.1. Chronic Pain
9.4.2. Spasticity Management
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intrathecal Pumps Market Size and Volume Forecast by Type
9.7.1. Constant Rate Pump
9.7.2. Programmable Pump
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intrathecal Pumps Demand Share Forecast, 2019-2029
10. Latin America Intrathecal Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intrathecal Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intrathecal Pumps Market Size and Volume Forecast by Application
10.4.1. Chronic Pain
10.4.2. Spasticity Management
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intrathecal Pumps Market Size and Volume Forecast by Type
10.7.1. Constant Rate Pump
10.7.2. Programmable Pump
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intrathecal Pumps Demand Share Forecast, 2019-2029
11. Europe Intrathecal Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intrathecal Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intrathecal Pumps Market Size and Volume Forecast by Application
11.4.1. Chronic Pain
11.4.2. Spasticity Management
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intrathecal Pumps Market Size and Volume Forecast by Type
11.7.1. Constant Rate Pump
11.7.2. Programmable Pump
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intrathecal Pumps Demand Share, 2019-2029
12. Asia Pacific Intrathecal Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intrathecal Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intrathecal Pumps Market Size and Volume Forecast by Application
12.4.1. Chronic Pain
12.4.2. Spasticity Management
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intrathecal Pumps Market Size and Volume Forecast by Type
12.7.1. Constant Rate Pump
12.7.2. Programmable Pump
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intrathecal Pumps Demand Share, 2019-2029
13. Middle East & Africa Intrathecal Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intrathecal Pumps Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intrathecal Pumps Market Size and Volume Forecast by Application
13.4.1. Chronic Pain
13.4.2. Spasticity Management
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intrathecal Pumps Market Size and Volume Forecast by Type
13.7.1. Constant Rate Pump
13.7.2. Programmable Pump
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intrathecal Pumps Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Intrathecal Pumps Market: Market Share Analysis
14.2. Intrathecal Pumps Distributors and Customers
14.3. Intrathecal Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Codman & Shurtleff (J&J)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Flowonix
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tricumed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ...
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
