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The global intrathecal pumps market size attained a value of about USD 301.92 million in 2023. The market is likely to grow further at a CAGR of 5.2% during the forecast period of 2024-2032, likely to attain a value of about USD 476.47 million by 2032. The growth of the market is expected to be aided by the rapid technological advancements in the market.
Intrathecal pumps, commonly known as pain pumps, are a small pump used for the delivery of small doses of pain medication directly into the spinal cord. The battery used in the intrathecal pump can last for anywhere between 4 years and 7 years and alerts the user upon expiry. The pumps are implanted in the patients and can be removed only surgically.
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Based on type, the intrathecal pumps market can be segmented into baclofen, bupivacaine, morphine, hydromorphone, and others. On the basis of application, it can be bifurcated into spasticity and pain. By end use, the market is divided into hospitals and clinics, and ambulatory surgery centres. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global intrathecal pumps market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
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Morphine has the largest share in the global intrathecal pumps market because it is a strong receptor and is stable. The United States FDA has also approved morphine to be used for long term pain treatment through intrathecal pumps. Bupivacaine is known to improve the effect of opioids when used through intrathecal pumps and is expected to increase the growth of the market. Baclofen usage in the treatment of spasticity and different kind of pains is also contributing to the growth of the market.
The pain segment is leading the market due to the increase in prevalence of chronic disorders and pain causing ailments such as cancer, nerve conditions, and spinal issues, and failed back surgery syndrome. Various players are focusing on the development of spasticity treatment products due to rising cases of strokes which will also help in the overall growth of the global intrathecal pumps market.
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Tricumed Medizintechnik GmbH has its headquarter in Keil, Germany, and is a medical device company. It has been developing innovative technologies such as infusion pumps, intrathecal pumps, and others for more than 20 years now.
Medtronic Plc was established in 1949 and has its headquarter in Dublin, Ireland. A medical device company which develops therapeutic medical devices, it also uses biomedical engineering to research and design improved products for improved health results.
Flowonix Medical Inc. was founded in 2005 and has its headquarter in New Jersey, United States. It is a medical device company focused on providing optimal solutions to the medical industry for treatment of neurological disorders.
Other market players include Zimmer Biomet Holdings, Inc., Johnson and Johnson Services, Inc., and Durect Corporation, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Applications |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global market for intrathecal pumps attained a value of about USD 301.92 million in 2023.
The market is likely to grow further at a CAGR of 5.2% during the forecast period of 2024-2032, likely to achieve a value of about USD 476.47 million by 2032.
Rising cases of pain disorders, cancers, and demand for advanced intrathecal pumps are the key drivers of the market.
Technological advancements, use for pain reduction, and development of other programmable pumps are key trends in the intrathecal pumps market.
The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The market is segmented based on type, application, end use, and region.
Key market players are Tricumed Medizintechnik GmbH, Medtronic Plc, Flowonix Medical Inc, Zimmer Biomet Holdings, Inc., Johnson and Johnson Services, Inc., and Durect Corporation, among others.
Intrathecal pumps, commonly known as pain pumps, are a small pump used for delivery of small doses of pain medication directly into the spinal cord.
The pumps are implanted in the patients and can be removed only surgically.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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