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Spinal Pumps Market, By Application (Spasticity Management, Pain Management, Non-malignant pain and Malignant pain), And Geography (North America, Europe, Asia Pacific, And Rest Of The World) Analysis, Share, Trends, Size, & Forecast From 2014 2025

Report Code: AV146

Industry: Healthcare

Publiced On: 2020-12-14

Pages: 98

Format: ppt pdf

REPORT HIGHLIGHT

The spinal pumps market is estimated to represent a global market of USD 230.7 million by 2017 with growth rate of 5.3%.  Spinal pump (also called “pain pump”) is a type of medical device which allows delivering medication directly to the spinal cord. A spinal pump is a round shaped metal device, comprised of an intrathecal catheter (small plastic tube) which is connected to a drug reservoir (space inside the pump which holds the medication). This device is implanted under the abdomen skin through surgical intervention, in such a way that it can refill through percutaneous route.

Intrathecal drug delivery method (ITDD) is an evolving therapy and is accepted widely by a physician and in hospital, clinics to relieve pain symptoms. The prime aim of this system is to deliver the drug to spinal cord receptor sites in adequate quantity to produce a clinical effect. An intrathecal mechanism is considered to be an efficient drug delivery than oral medication owing to its ability to deliver medicine directly into the cerebrospinal fluid (CSF). Further, this drug delivery system requires a minimum amount of drug as to the oral medication as it bypasses the path that oral route takes through your body. For example, according to the various research studies, intrathecal drug delivery required about 1/300th amount of drug as compared to the oral administration. This technique helps the patient to reduce chronic pain caused by cancer, back surgery syndrome, causalgia, arachnoiditis, chronic pancreatitis and various others.

Commercially, two different types of spinal pumps are available; one is a constant rate spinal pump that delivers the medication at a steady rate, another is a programmable spinal pump which delivers drug at a predetermined rate. Unlike constant rate pump, the physician can set the duration of infusion, bolus dose, and lock-out interval by using a programmable pump. The major advantage of using the programmable pump is that it offers flexibility for unpredictable, unstable, or complex pain problems like progressive cancer pain. Drugs such as baclofen, morphine, and ziconotide are commonly used, either alone or in combination.

Market Dynamics

Advancement in technologies is one of the major driving factors for the growth of this market. The emergence of programmable infusion pumps, micro-dose infusions, and patient-controlled devices are new technologies developed in recent time. For instance, Medtronic introduced fully implanted programmable pump named “SynchroMed II infusion system”. This device is featured with diamond-like carbon coating (DLC) which improve its performance. Additionally, pipeline concepts, such as the inclusion of piezoelectric membrane pump, positive pressure design with a gate-controlled administration, needle placement; inclusion of pump volume indicators; pressure monitors, and conopeptides, are presumed to present the market with lucrative growth opportunities. However, a limited number of approved medications is the most critical restraining factor in the spinal pumps industry.

Application Takeaway

As per the application, the market is divided as Spasticity Management, and Pain Management. Spasticity Management accounted for 28% share of the total market owing to the rising incidence of this disorder. As per the University of Washington Rehabilitation Medicine, spasticity occurs in around 78% of the patients suffering from spinal cord-related injuries. Pain management is further divided as Non-malignant pain and Malignant pain.

Global Spinal Pumps Market by Application, 2017 vs 2025

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Regional Takeaway

At present, North America and Europe led the global market. In 2017, these regions collectively accounted for 79.89% share of worldwide revenue. Availability of highly efficacious pain management solutions including the spinal pump, technological advancements, coupled with increasing number of facilities offering intrathecal pump delivery support the market growth.   As per an article published in the Journal of Neural Transmission (November 2015), in Germany every year, around 1200 new continuous intrathecal baclofen (ITB) application pump systems are implanted. Favorable government initiatives, improving healthcare infrastructure, and the large patient base is projected to support the spinal pump market growth in developing regions such as India and China.

Key Vendor Takeaways

Companies such as FlowonixMedical, Inc., Medtronic Plc, Teleflex, Inc., and DePuy Synthes are operating in this market. Strategic initiatives in the form of new product development, mergers & acquisitions, and geographical expansion are undertaken by key players in order to expand their presence in a market. For example, Flowonix Medical received the U.S. FDA approval of its next-generation intrathecal infusion device, Prometra II in January 2015. This approval has expanded company’s product offering in targeted drug delivery business solutions.

 The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.

The years considered for the study are:

  • Historical Year – 2014 & 2015
  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, And Suppliers
  • Manufacturers
  • Hospitals
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY APPLICATION

  • Spasticity Management
  • Pain Management
    • Non-malignant pain
    • Malignant pain

MARKET, BY REGION

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

MARKET, BY COUNTRY

  • Further Breakdown of The North America Market
    • U.S.
    • Canada
  • Further Breakdown of The Europe Market
    • Germany
    • France
    • Rest of Europe
  • Further Breakdown of The APAC Market
    • India
    • China
    • Rest of APAC
  • Further Breakdown of The Rest of the World Market
    • Middle East and Africa
    • Latin America

TABLE OF CONTENT

1. SPINAL PUMPS MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. SPINAL PUMPS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. SPINAL PUMPS INDUSTRY STUDY
4.1. Company Activity Analysis
4.2. Regulatory Framework Analysis
4.3. Market Attractiveness Analysis
4.4. Value Chain Analysis
5. SPINAL PUMPS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. SPINAL PUMPS MARKET – BY DISEASE CONDITIONS:
6.1. Overview
6.2. Spasticity Management
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Pain Management
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.3. Non-malignant pain
6.3.3.1. Overview
6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.4. Malignant pain
6.3.4.1. Overview
6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. SPINAL PUMPS MARKET– BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.3. U.S.
7.2.3.1. Overview
7.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.4. Canada
7.2.4.1. Overview
7.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Europe
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.3. France
7.3.3.1. Overview
7.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.4. Germany
7.3.4.1. Overview
7.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.5. Rest of Europe
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Asia Pacific (APAC)
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.3. China
7.4.3.1. Overview
7.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.4. India
7.4.4.1. Overview
7.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.5. Rest of APAC
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Rest of the World
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.3. Latin America
7.5.3.1. Overview
7.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.4. Middle East and Africa
7.5.4.1. Overview
7.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. FlowonixMedical, Inc.
8.1.1. Company Overview
8.1.2. SWOT Analysis
8.1.3. Key Developments
8.2. Medtronic Plc
8.2.1. Company Overview
8.2.2. SWOT Analysis
8.2.3. Key Developments
8.3. Teleflex, Inc.
8.3.1. Company Overview
8.3.2. SWOT Analysis
8.3.3. Key Developments
8.4. DePuy Synthes
8.4.1. Company Overview
8.4.2. SWOT Analysis
8.4.3. Key Developments
*Client can request additional company profiling as per specific requirements
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. Abbreviations
10.3. Disclaimer
10.4. Contact Us

List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PESTLE Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global SPINAL PUMPS Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 Spinal Pumps Market, by Application, 2014 – 2025 (USD Million)
Table 11 Spinal Pumps Market, by Geography, 2014 – 2025 (USD Million)
Table 12 North America Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 13 U.S. Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 14 Canada Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 15 Europe Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 16 France Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 17 Germany Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 18 Asia Pacific Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 19 China Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 20 India Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 21 Latin America Spinal Pumps Market, 2014 – 2025 (USD Million)
Table 22 MEA Spinal Pumps Market, 2014 – 2025 (USD Million)

List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Value Chain Analysis Analysis
Figure 6 Spinal Pumps Market, by Application, 2014 – 2025 (USD Million)
Figure 7 Spinal Pumps Market, by Geography, 2014 – 2025 (USD Million)

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