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Europe Intrathecal Pumps Market

2021

Europe Intrathecal Pumps Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Constant Rate Pump, and Programmable Pump); Application (Chronic Pain, and Spasticity Management)

Publication Month: Oct 2021 | Report Code: TIPRE00025342 | No. of Pages: 107 | Category: Medical Device | Status: Published

Market Insights

Europe Intrathecal Pumps Market to Grow at a CAGR of 4.8% to reach US$ 150.5 million Million from 2021 to 2028

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The intrathecal pumps market in Europe is expected to grow from US$ 108.2 million in 2021 to US$ 150.5 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.


The rise in geriatric population in developed and developing countries is driven by modernization of healthcare facilities and improvements in healthcare services, which has boosted the life expectancy in these countries. According to data by the World Health Organization (WHO) in February 2018, geriatric population is estimated to rise from 12% in 2015 to 22% by 2050. Moreover, underdeveloped and developing countries would account for ~80% of this growth. A majority of elderly people live with chronic pain, resulting in reduced strength to perform their daily tasks. They suffer from spine and neck injuries, chronic spinal pain, neck pain, and abdominal pain; cancer; and other chronic disorders leading to pain. Therefore, the demand for pain management devices is higher among geriatric population, which is likely to boost the intrathecal pumps market growth.

The intrathecal pumps market witnessed some shortfall at the beginning of COVID-19 crisis owing to factors such as disruption in supply chain and demand due to lock down announced by majority of European countries. Due to outbreak, most industries around the world have been negatively affected. This can be attributed to various preventive lockdowns and other restrictions imposed by government authorities around the world, which have experienced major disruptions in their respective manufacturing and supply chain operations. This also applies to the Europe market for intrathecal pumps. Furthermore, consumer demand has also decreased, because the general economic conditions of most of the people have been severely affected by this epidemic, and people are now more interested in eliminating unnecessary expenses from their respective budgets. However, as the respective government authorities begin to lift these mandatory lockdowns, the Europe intrathecal pump market is expected to rebound accordingly.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the intrathecal pumps market. The Europe intrathecal pumps market is expected to grow at a good CAGR during the forecast period.

Get more information on this report :


Europe Intrathecal Pumps Market Segmentation

By Type

  • Constant Rate Pumps
  • Programmable Pumps

By Application

  • Chronic Pain
  • Spasticity Management

By Country

  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe

Companies Mentioned

  1. Medtronic
  2. Smiths Medical
  3. Teleflex Incorporated
  4. Johnson and Johnson Services, Inc.
  5. Durect Corporation
  6. Abbott
  7. Baxter International Inc.
  8. tricumed Medizintechnik GmbH

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Intrathecal Pumps Market – By Type

1.3.2 Intrathecal Pumps Market – By Application

1.3.3 Europe Intrathecal Pumps Market – By Country

2. Europe Intrathecal Pumps Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Intrathecal Pumps Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Intrathecal Pumps Market- Europe PEST Analysis

4.3 Expert Opinion

5. Europe Intrathecal Pumps Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Prevalence of Cancer and Other Chronic Conditions

5.1.2 Advantages of Intrathecal Pumps over Oral Medications

5.1.3 Rise in Geriatric Population

5.2 Market Restraints

5.2.1 Lack of Awareness Regarding Advanced Pain Management Techniques

5.2.2 High Cost of Intrathecal Pumps

5.3 Opportunities

5.3.1 Increasing Government Support for Developments in Medical Technologies

5.4 Future Trends

5.4.1 Integration of Healthcare IT with Medical Devices

5.5 Impact Analysis

6. Intrathecal Pumps Market – Europe Analysis

6.1 Europe Intrathecal Pumps Market Revenue Forecasts and Analysis

7. Europe Intrathecal Pumps Market Analysis and Forecasts To 2028 – By Type

7.1 Overview

7.2 Intrathecal Pumps Market Revenue Share, By Type (2020 and 2028)

7.3 Constant Rate Pump

7.3.1 Overview

7.3.2 Constant Rate Pump: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Programmable Pump

7.4.1 Overview

7.4.2 Programmable Pump: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

8. Intrathecal Pumps Market Analysis – By Application

8.1 Overview

8.2 Intrathecal Pumps Market, by End Users 2020 & 2028 (%)

8.3 Chronic Pain

8.3.1 Overview

8.3.2 Chronic Pain: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Spasticity Management

8.4.1 Overview

8.4.2 Spasticity Management: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

9. Intrathecal Pumps Market Revenue and Forecasts to 2028 – Geographical Analysis

9.1 Europe: Intrathecal Pumps Market

9.1.1 Overview

9.1.2 Europe: Intrathecal Pumps Market, by Country, 2021 & 2028(%)

9.1.2.1 Germany: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.1 Germany: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.2 Germany: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.1.3 Germany: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

9.1.2.2 France: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.1 France: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.2 France: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.2.3 France: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

9.1.2.3 UK: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.1 UK: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.2 UK: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.3.3 UK: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

9.1.2.4 Italy: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.1 Italy: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.2 Italy: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.4.3 Italy: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

9.1.2.5 Spain: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.1 Spain: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.2 Spain: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.5.3 Spain: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

9.1.2.6 Rest of Europe: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.1 Rest of Europe: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.2 Rest of Europe: Intrathecal Pumps Market, by Type, 2019–2028 (USD Million)

9.1.2.6.3 Rest of Europe: Intrathecal Pumps Market, by Application, 2019–2028 (USD Million)

10. Impact Of COVID-19 Pandemic on Europe Intrathecal Pumps Market

10.1 Europe: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Growth Strategies Done by the Companies in the Market, (%)

11.3 Organic Developments

11.3.1 Overview

11.4 Inorganic Developments

11.4.1 Overview

12. Company Profiles

12.1 Medtronic

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Smiths Medical

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Tricumed Medizintechnik GmbH

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Teleflex Incorporated

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Johnson and Johnson Services, Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Durect Corporation

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Abbott

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Baxter International Inc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Glossary of Terms


LIST OF TABLES

Table 1. Germany: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 2. Germany: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3. France: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 4. France: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5. UK: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 6. UK: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7. Italy: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 8. Italy: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9. Spain: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 10. Spain: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11. Rest of Europe: Intrathecal Pumps Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 12. Rest of Europe: Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 13. Organic Developments in the Intrathecal Pumps Market

Table 14. Inorganic Developments in the Intrathecal Pumps Market

Table 15. Glossary of Terms, Intrathecal Pumps Market


LIST OF FIGURES

Figure 1. Intrathecal Pumps Market Segmentation

Figure 2. Europe Intrathecal Pumps Market Overview

Figure 3. Constant Rate Pump Segment Held Largest Share of Type in Intrathecal Pumps Market

Figure 4. UK is Expected to Show Remarkable Growth During the Forecast Period

Figure 5. Intrathecal Pumps Market - Europe PEST Analysis

Figure 6. Intrathecal Pumps Market Impact Analysis of Driver and Restraints

Figure 7. Europe Intrathecal Pumps Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 8. Intrathecal Pumps Market Revenue Share, By Type (2020 and 2028)

Figure 9. Constant Rate Pump: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10. Programmable Pump: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. Intrathecal Pumps Market, by End Users 2020 & 2028 (%)

Figure 12. Chronic Pain: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Spasticity Management: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe: Intrathecal Pumps Market, by Key Country – Revenue (2021) (USD Million)

Figure 15. Europe: Intrathecal Pumps Market, by Country, 2021 & 2028 (%)

Figure 16. Germany: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 17. France: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 18. UK: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 19. Italy: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 20. Spain: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 21. Rest of Europe: Intrathecal Pumps Market – Revenue and Forecast to 2028 (USD Million)

Figure 22. Impact of COVID-19 Pandemic in European Country Markets

Figure 23. Growth Strategies Done by the Companies in the Market, (%)

  1. Medtronic
  2. Smiths Medical
  3. Teleflex Incorporated
  4. Johnson and Johnson Services, Inc.
  5. Durect Corporation
  6. Abbott
  7. Baxter International Inc.
  8. tricumed Medizintechnik GmbH

               

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe intrathecal pumps market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe intrathecal pumps market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the intrathecal pumps market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 
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