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South and Central America Intrathecal Pumps Market

2021

South and Central America 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: TIPRE00025347 | No. of Pages: 94 | Category: Medical Device | Status: Published

Market Insights

South and Central America Intrathecal Pumps Market to Grow at a CAGR of 3.6% to reach US$ 30.2 million Million from 2021 to 2028

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The intrathecal pumps market in South and Central America is expected to grow from US$ 23.6 million in 2021 to US$ 30.2 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028.


Many chronic disorders are becoming more prevalent among the young and adult populations. Additionally, chronic pain is also prominently caused from common conditions such as rheumatoid arthritis and certain musculoskeletal conditions arising from sports and occupational injuries. This pain aggravates person's reliance on others for daily tasks; thus, managing it becomes critical task for maintaining normalcy in routine. Intrathecal pumps provide relief for extended periods while improving health of patients. Thus, increasing prevalence of cancer and other chronic conditions is boosting the demand for intrathecal pumps, thereby driving the market growth.

Brazil, Argentina, Peru, Chile, Uruguay, Colombia is affected by the second wave of corona infection. Amongst which Brazil has recorded the majority of the deaths. It is expected that the region is likely to impose a second lockdown, which will ultimately hamper the healthcare industry in the area. Countries in Brazil and Argentina are among the top destinations in the world for aesthetic procedures. However, the outbreak of COVID–19 has severely impacted the flow of medical services in the region. In addition, the countries are famous for medical tourism, which is also affected by the pandemic. Brazil, Argentina, Peru, Chile, Uruguay, Colombia is affected by the second wave of corona infection.

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 South and Central America intrathecal pumps market is expected to grow at a good CAGR during the forecast period.

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South and Central America Intrathecal Pumps Market Segmentation

By Type

  • Constant Rate Pumps
  • Programmable Pumps

By Application

  • Chronic Pain
  • Spasticity Management

By Country

  • South and Central America
    • Brazil
    • Argentina
    • Rest of South and Central America

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 South and Central America Intrathecal Pumps Market – By Country

2. South and Central America Intrathecal Pumps Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Intrathecal Pumps Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Intrathecal Pumps Market- South and Central America PEST Analysis

4.3 Expert Opinion

5. South and Central America 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 – South and Central America Analysis

6.1 South and Central America Intrathecal Pumps Market Revenue Forecasts and Analysis

7. South and Central America 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 South and Central America: Intrathecal Pumps Market

9.1.1 Overview

9.1.2 South and Central America: Intrathecal Pumps Market Share by Country – 2021 & 2028, (%)

9.1.2.1 Brazil: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

9.1.2.1.1 Brazil: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

9.1.2.1.2 Brazil Intrathecal Pumps Market, By Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.3 Brazil Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

9.1.2.2 Argentina: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

9.1.2.2.1 Argentina: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

9.1.2.2.2 Argentina Intrathecal Pumps Market, By Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.3 Argentina Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

9.1.2.3 Rest of South and Central America: Intrathecal Pumps Market - Revenue and Forecast to 2028 (USD Million)

9.1.2.3.1 Rest of South and Central America: Intrathecal Pumps Market - Revenue and Forecast to 2028 (USD Million)

9.1.2.3.2 Rest of South and Central America Intrathecal Pumps Market, By Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.3 Rest of South and Central America Intrathecal Pumps Market, by Application – Revenue and Forecast to 2028 (USD Million)

10. Impact Of COVID-19 Pandemic on South and Central America Intrathecal Pumps Market

10.1 South and Central America: 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. Brazil Intrathecal Pumps Market, By Type – Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 5. Rest of South and Central America Intrathecal Pumps Market, By Type – Revenue and Forecast to 2028 (USD Million)

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

Table 7. Organic Developments in the Intrathecal Pumps Market

Table 8. Inorganic Developments in the Intrathecal Pumps Market

Table 9. Glossary of Terms, Intrathecal Pumps Market


LIST OF FIGURES

Figure 1. Intrathecal Pumps Market Segmentation

Figure 2. South and Central America Intrathecal Pumps Market Overview

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

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

Figure 5. Intrathecal Pumps Market - South and Central America PEST Analysis

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

Figure 7. South and Central America 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. South and Central America: Intrathecal Pumps Market, By Key Country – Revenue (2021) (USD Million)

Figure 15. South and Central America: Intrathecal Pumps Market Share by Country – 2021 & 2028, (%)

Figure 16. Brazil: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

Figure 17. Argentina: Intrathecal Pumps Market- Revenue and Forecasts To 2028 (USD Million)

Figure 18. Rest of South and Central America: Intrathecal Pumps Market - Revenue and Forecast to 2028 (USD Million)

Figure 19. Impact of COVID-19 Pandemic in South and Central America Country Markets

Figure 20. 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 South and Central America 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 South and Central America 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 South and Central America 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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