South and Central America Intrathecal Pumps Market Trends and Analysis by 2028

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.

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.

South and Central America Intrathecal Pumps Report Scope