Intrathecal Pumps Market to Witness Robust Expansion by 2029
Intrathecal pumps market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. The rising incidence of chronic disorders, such as cancer, chronic pancreatitis, back pain, and others is significantly boosting the intrathecal pumps market across the globe during the forecast period. According to WHO, due to cancer around 10 million people died in 2020, and each year approximately 400,000 children develop cancer. Cancer pain remains undertreated, and a significant number of patients with cancer die while suffering from severe untreated pain every year, and with an increased survival rate for cancer patients, the occurrence of cancer pain is also rising. Pain occurs in 67% of patients with metastatic cancer and is the most prevalent symptom in patients. Intrathecal drug delivery pumps provide an alternate route of administration for analgesics, which may improve pain relief and decreases side effect, as it is a device that delivers small quantities of pain medication such as morphine or baclofen, directly to the spinal fluid. When these medicines are delivered in small doses, pain medications may minimize the side effects often experienced with larger oral doses of the same medications. Hence, the intrathecal pump is an effective pain management option for patients with chronic and cancer pain.
There are many potential
complications related to spinal cord injury that may require proper treatments
and medication. These complications include urinary tract infections, inability
to control bowel movements, chronic pain, pressure sores, infection in the
lungs, depression, deep vein thrombosis, osteoporosis, and respiratory
complications. Hence, to avoid these complications the patients need proper and
effective medication such as in form of intrathecal drug delivery systems which
directly provides medicine to the affected areas and helps in recovering fast.
Furthermore, according to the centers for diseases control and prevention
(CDC), data in 2019 around 39.0% of adults had back pain, 36.5% had lower limb
pain, and 30.7% had upper limb pain in the past 3 months in the US. Women
(40.6%) were more likely to experience back pain than men (37.2%). These strong
factors boost the demand for these pain pumps in the market.
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Market Coverage
• The
market number available for – 2021-2029
• Base
year- 2021
• Forecast
period- 2023-2029
Segment Covered-
·
By Type
·
By Application
·
By End-User
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape- including Flowonix
Medical, Inc., Medical Device Business Services, Inc. (Johnson & Johnson),
Teleflex, Inc., Tricumed Medizintechnik GmbH, Zimmer Biomet Holdings, Inc., and
others.
Intrathecal Pump Market Report Segment
By Type
·
Baclofen
·
Bupivacaine
·
Clonidine
·
Morphine
·
Ziconotide
·
Others
By Application
·
Spasticity
·
Pain
By End-User
·
Hospitals & Clinics
·
Ambulatory Surgery Centers
A full Report of Intrathecal Pumps Market is Available @ https://www.omrglobal.com/industry-reports/intrathecal-pumps-market
Intrathecal Pump Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company
Profiles
·
Arrow International, Inc.
·
Abbott Laboratories
·
Baxter International Inc.
·
Becton, Dickinson, and Co.
·
Codman & Shurtleff Inc.
·
DURECT Corp.
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data sources mined for investigation.
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research analysts answer all your questions before and after purchasing your
report.
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