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Middle East and Africa Intrathecal Pumps Market

2021

Middle East and Africa 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: TIPRE00025343 | No. of Pages: 97 | Category: Medical Device | Status: Published

Market Insights

Middle East and Africa Intrathecal Pumps Market to Grow at a CAGR of 4.2% to reach US$ 24.2 million Million from 2021 to 2028

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The intrathecal pumps market in Middle East and Africa is expected to grow from US$ 18.1 million in 2021 to US$ 24.2 million by 2028; it is estimated to grow at a CAGR of 4.2% 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 pandemic has affected the research and development activities in these countries. Apart from this, a huge population already face a growing burden of non-communicable diseases, making them more vulnerable to the virus. Moreover, economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflict and have been unable to implement any public health measures and Iran was in deep economic recession due to the US sanctions. These factors are expected to negatively impact the growth of the market in the region. In addition, the major source of economic stabilization in Middle East countries is oil production and export. However, the recent pandemic is causing turbulence to the economies of the Middle East region. A sudden drop in domestic and external demand for goods and products especially crude oil, and halted production due to labor shortage are some of the major impacts observed in the region. Additionally, tightened financial condition is also decreasing the overall economic activities in the region. This uncertainty with normal delays often associated with regulatory approvals in low- and middle-income countries is hindering the growth of the market.

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 Middle East and Africa intrathecal pumps market is expected to grow at a good CAGR during the forecast period.

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Middle East and Africa Intrathecal Pumps Market Segmentation

By Type

  • Constant Rate Pumps
  • Programmable Pumps

By Application

  • Chronic Pain
  • Spasticity Management

By Country

  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa

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.

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 Middle East and Africa Intrathecal Pumps Market – By Country

2. Middle East and Africa Intrathecal Pumps Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East and Africa Intrathecal Pumps Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Intrathecal Pumps Market- Middle East and Africa PEST Analysis

4.3 Expert Opinion

5. Middle East and Africa 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 – Middle East and Africa Analysis

6.1 Middle East and Africa Intrathecal Pumps Market Revenue Forecasts and Analysis

7. Middle East and Africa 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 Middle East & Africa: Intrathecal Pumps Market

9.1.1 Overview

9.1.2 Middle East & Africa: Intrathecal Pumps Market Share by Country – 2021 & 2028, (%)

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

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

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

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

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

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

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

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

9.1.2.3 South Africa: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

9.1.2.4 Rest of Middle East and Africa: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.1 Rest of Middle East and Africa: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.2 Rest of Middle East and Africa: Intrathecal Pumps Market, by Type, 2019–2028 (US$ Million)

9.1.2.4.3 Rest of Middle East and Africa: Intrathecal Pumps Market, by Application, 2019–2028 (US$ Million)

10. Impact Of COVID-19 Pandemic on Middle East and Africa Intrathecal Pumps Market

10.1 Middle East and Africa: 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 Teleflex Incorporated

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 Johnson and Johnson Services, Inc.

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 Durect Corporation

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 Abbott

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 Baxter International Inc.

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

13. Appendix

13.1 About the Insight Partners

13.2 Glossary of Terms


LIST OF TABLES

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

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

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

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

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

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

Table 7. Rest of Middle East and Africa Intrathecal Pumps Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 8. Rest of Middle East and Africa Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. Organic Developments in the Intrathecal Pumps Market

Table 10. Inorganic Developments in the Intrathecal Pumps Market

Table 11. Glossary of Terms, Intrathecal Pumps Market


LIST OF FIGURES

Figure 1. Intrathecal Pumps Market Segmentation

Figure 2. Middle East and Africa Intrathecal Pumps Market Overview

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

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

Figure 5. Intrathecal Pumps Market - Middle East and Africa PEST Analysis

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

Figure 7. Middle East and Africa 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. Middle East & Africa: Intrathecal Pumps Market, by Key Country – Revenue (2021) (USD Million)

Figure 15. Middle East & Africa: Intrathecal Pumps Market Share by Country – 2021 & 2028, (%)

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

Figure 17. UAE: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

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

Figure 19. Rest of Middle East and Africa: Intrathecal Pumps Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 21. 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.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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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