Spinal Pumps Market to Expand USD 368.4 Million by 2026
According to the current analysis of Reports and Data, the global Spinal pumps market was valued at USD 238.2 million in 2018 and is expected to reach USD 368.4 million by the year 2026, at a CAGR of 5.6 %. Spinal pumps are intrathecal drug delivery systems which provide anesthesia and analgesia. ITDD systems consists of a catheter attached to a pump, and the pump is an external device or an implanted system that involves therapy and drug diagnosis.
Spinal
pumps market is driven by the rising prevalence of sclerosis, movement
disorders, spinal and brain injuries, and cerebral palsy. Increase in geriatric
population and long-term therapy comprising spinal pump devices and brain
injuries is likely to boosts the industrial growth during the forecast period.
A rise in chronic diseases in geriatric population and development of medical
device and equipment is likely to contribute to market growth during the
forecast period. Technological innovations and combination of external devices
with pumps that enable low medication dosages accelerates the market growth for
the forecast period. Favorable government initiatives, improving healthcare
infrastructure, and the large patient base, is projected to support the spinal
pump industrial growth in developing regions such as India and China. In
November 2014, Tricumed Medizintechnik GmbH launched the implantable,
programmable infusion pump for baclofen therapy. Some of the side effects, such
as a fluid leak, severe skin reactions, and headache, are expected to hamper
market growth.
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Further key findings from the report suggest
- Intrathecal
baclofen (ITB) pump implantation can be used to control dystonia and
severe pain associated with complex regional pain syndrome (CRPS). CRPS is
associated with dysregulation of the central nervous system (CNS),
peripheral nervous system, and autonomic nervous system. The
pathophysiology and best course of treatment for CRPS are undetermined,
and treatment is evolving. Intrathecal baclofen (ITB) pumps have been used
to ameliorate global pain in patients with CRPS and dystonia based on the
anti-nociceptive effects of ITB.
- Medtronic plc
and Samsung Electronics Co., Ltd. declared their collaborative agreement
to develop health solutions in the area of neuromodulation.
- The pain
management category led the application segment of this industry with the
largest revenue share at over 69.4%, due to to the increasing preference
for long-term relief alternatives and the high prescription prices
associated with conventional opioid drugs used in pain management.
- Spasticity
management is growing at the fastest CAGR at over 3.8% throughout the
forecast period. The reason for this is rising government initiatives and
recommendations, such as by the British Pain Society to promote effective
drug delivery in the treatment of spasticity in adults.
- An intrathecal
pump can be used to deliver different medications into the intrathecal sac
around the spinal cord. Most commonly, the medication is either an opioid
for pain, or baclofen for spasticity due to spinal cord injury. The use of
intrathecal pumps allow medication to be given in smaller doses because it
does not have to be absorbed through the intestines, like a drug taken
orally, and then pass through the liver before circulating to the target
area.
- The High
R&D intensity aimed at developing technologically advanced products is
expected to propel the industry growth in the North America region, with
the largest revenue share of 54.4%.
- Around 80% of
the patient base with cerebral palsy (CP) most often suffers from
CP-related spasticity to a certain degree. The statistics above exhibit
the clinical urgency to treat spasticity, thus impelling the industry
demand during the forecast period.
- Low patient
compliance, the high long-term associated costs, and the rising cases of
relapse associated with conventional medication methods used in the
treatment of spasticity and chronic pain are expected to present the
spinal pumps market with high growth potential.
- Maintenance of
the pump is fairly routine. The pump is refilled every 1 to 3 months by
inserting a needle through the skin and through a diaphragm on the surface
of the pump. Several medications can be administered this way, and even
combinations of drugs might be used. Because the whole system is under the
skin, the risk of infection is minimized and the patient can be fully
mobile and active.
- The
non-malignant pain category dominated the overall pain management segment
due largely to it being the major burden globally.
- Hospitals
end-use segment is dominating the industry with largest share due to the
increasing demand of patients for spinal pumps.
- Some major
players are DePuy Synthes, FlowonixMedical, Inc., Medtronic Plc, Tricumed
Medizintechnik GmbH, and Teleflex, Inc.
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For
this report, Reports and Data have segmented the Spinal pumps market based on
applications, end-use, and region:
Applications (Revenue, USD Million; 2016–2026)
- Spasticity
Management
- Pain
Management
- Non-Malignant
Pain
- Malignant
Pain
End-Use (Revenue, USD Million; 2016–2026)
- Hospital
- Clinic
- ASCs
- Long term care
centers
- Others
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Rest of the
Europe
- Asia Pacific
- China
- India
- Japan
- Rest of
Asia-Pacific
- Middle East
& Africa
- South Africa
- Latin America
- Brazil
- Mexico
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