Title: Spinal Pumps Market to depict huge growth of USD 368.4 Million by 2026
1Spinal Pumps Market To Reach USD 368.4 Million By
2026
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2 Market Summary
Technological innovations and combination of
external devices with pumps, government
initiatives, improving healthcare infrastructure,
and the large patient base and Rise in chronic
diseases in geriatric population are key factors
contributing to high CAGR during the forecast
period. According to the current analysis of
Reports and Data, the global Spinal pumps market
was valued at USD 238.2 million in 2018 and is
expected to reach USD 368.4 million by the year
2026, at a CAGR of 5.6 . Spinal pumps are
intrathecal drug delivery systems which provide
anesthesia and analgesia. ITDD systems consists
of a catheter attached to a pump, and the pump is
an external device or an implanted system that
involves therapy and drug diagnosis.
3 Our Approach
Market Summary
- Spinal pumps market is driven by the rising
prevalence of sclerosis, movement disorders,
spinal and brain injuries, and cerebral palsy.
Increase in geriatric population and long-term
therapy comprising spinal pump devices and brain
injuries is likely to boosts the industrial
growth during the forecast period. A rise in
chronic diseases in geriatric population and
development of medical device and equipment is
likely to contribute to market growth during the
forecast period - Technological innovations and combination of
external devices with pumps that enable low
medication dosages accelerates the market growth
for the forecast period. Favorable government
initiatives, improving healthcare infrastructure,
and the large patient base, is projected to
support the spinal pump industrial growth in
developing regions such as India and China. In
November 2014, Tricumed Medizintechnik GmbH
launched the implantable, programmable infusion
pump for baclofen therapy. Some of the side
effects, such as a fluid leak, severe skin
reactions, and headache, are expected to hamper
market growth. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- Intrathecal baclofen (ITB) pump implantation can
be used to control dystonia and severe pain
associated with complex regional pain syndrome
(CRPS). CRPS is associated with dysregulation of
the central nervous system (CNS), peripheral
nervous system, and autonomic nervous system. The
pathophysiology and best course of treatment for
CRPS are undetermined, and treatment is evolving.
Intrathecal baclofen (ITB) pumps have been used
to ameliorate global pain in patients with CRPS
and dystonia based on the anti-nociceptive
effects of ITB. - Medtronic plc and Samsung Electronics Co., Ltd.
declared their collaborative agreement to develop
health solutions in the area of neuromodulation. - The pain management category led the application
segment of this industry with the largest revenue
share at over 69.4, due to to the increasing
preference for long-term relief alternatives and
the high prescription prices associated with
conventional opioid drugs used in pain
management. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/spinal-pumps-market
5 Our Approach
Market Summary
- Key participants include DePuy Synthes,
FlowonixMedical, Inc., Medtronic Plc, Tricumed
Medizintechnik GmbH, and Teleflex, Inc. - For the purpose of this report, Reports and Data
has segmented the market on the basis of source,
product, application, and region - Applications (Revenue, USD Million 20162026)
- Spasticity Management
- Pain Management
- Non-Malignant Pain
- Malignant Pain
6 Our Approach
- End-Use (Revenue, USD Million 20162026)
- Hospital
- Clinic
- ASCs
- Long term care centers
- Others
- Regional Outlook (Revenue in USD Million
20162026) - North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Rest of the Europe
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7About Us
Our Approach
About Us
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