PUBLISHER: KBV Research | PRODUCT CODE: 1401080
PUBLISHER: KBV Research | PRODUCT CODE: 1401080
Europe Intrathecal Pumps Market Size, Share & Industry Trends Analysis Report By Application (Pain, and Spasticity), By Type (Morphine, Ziconotide, Baclofen, Bupivacaine, Clonidine, and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Intrathecal Pumps Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
The drug delivery therapy systems offer numerous benefits, such as effective pain relief, high patient satisfaction, reduced side effects compared to oral medication, and reduced use of pain medication. In addition, this treatment is effective and safe when used as directed and can be customized by varying the dosage as needed. Hence, rising demand for targeted drug delivery systems will boost industry growth. The complications associated with the intrathecal catheter hinder the industry's growth. Occlusion, lacerations, and disconnection of the catheter cause a sudden cessation of intrathecal drug administration due to intrathecal catheter failure. Also, the majority of drug delivery device-related adverse events occur due to the failure of the intrathecal catheter.
The demographic shift toward an aging population has led to an increased incidence of age-related health issues, including chronic pain and neurological disorders. It caters to this demographic by providing a targeted approach to pain management and symptom relief. The primary application of these pumps lies in pain management. These devices are particularly effective in delivering medications directly to the spinal cord, providing relief to patients suffering from chronic pain conditions, including neuropathic pain, failed back surgery syndrome, and complex regional pain syndrome.
According to the government of the United Kingdom, total current healthcare expenditures in the UK in 2020 amounted to £257.6 billion, or £3,840 per person. The UK contributed 12.0% of the GDP in 2020, compared with 9.9% in 2019. In 2020, government-funded healthcare expenditures totaled £213,4 billion, grew by 14.9% in real terms, and accounted for approximately 83% of total healthcare expenditures. Higher expenditure allows for the improvement of healthcare infrastructure, including the acquisition of advanced medical devices. Higher healthcare expenditure can contribute to research and development initiatives, fostering innovation in medical technologies. Due to the aforementioned factors the market growth will drive in this region.
The Germany market dominated the Europe Intrathecal Pumps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $31,769 Thousands by 2030. The UK market is registering a CAGR of 4.5% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 6.2% during (2023 - 2030).
Based on Application, the market is segmented into Pain, and Spasticity. Based on Type, the market is segmented into Morphine, Ziconotide, Baclofen, Bupivacaine, Clonidine, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic plc, ICU Medical, Inc. (Smiths Medical), Teleflex, Inc., Johnson & Johnson (Johnson & Johnson Services, Inc.), Baxter International, Inc., Abbott Laboratories, Tricumed Medizintechnik GmbH, Flowonix Medical, Inc., Durect Corporation, and Novartis AG
Scope of the Study
Market Segments covered in the Report:
By Application
- Pain
- Spasticity
By Type
- Morphine
- Ziconotide
- Baclofen
- Bupivacaine
- Clonidine
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Medtronic plc
- ICU Medical, Inc. (Smiths Medical)
- Teleflex, Inc.
- Johnson & Johnson (Johnson & Johnson Services, Inc.)
- Baxter International, Inc.
- Abbott Laboratories
- Tricumed Medizintechnik GmbH
- Flowonix Medical, Inc.
- Durect Corporation
- Novartis AG
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Intrathecal Pumps Market, by Application
- 1.4.2 Europe Intrathecal Pumps Market, by Type
- 1.4.3 Europe Intrathecal Pumps Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Europe Intrathecal Pumps Market by Application
- 4.1 Europe Pain Market by Country
- 4.2 Europe Spasticity Market by Country
Chapter 5. Europe Intrathecal Pumps Market by Type
- 5.1 Europe Morphine Market by Country
- 5.2 Europe Ziconotide Market by Country
- 5.3 Europe Baclofen Market by Country
- 5.4 Europe Bupivacaine Market by Country
- 5.5 Europe Clonidine Market by Country
- 5.6 Europe Others Market by Country
Chapter 6. Europe Intrathecal Pumps Market by Country
- 6.1 Germany Intrathecal Pumps Market
- 6.1.1 Germany Intrathecal Pumps Market by Application
- 6.1.2 Germany Intrathecal Pumps Market by Type
- 6.2 UK Intrathecal Pumps Market
- 6.2.1 UK Intrathecal Pumps Market by Application
- 6.2.2 UK Intrathecal Pumps Market by Type
- 6.3 France Intrathecal Pumps Market
- 6.3.1 France Intrathecal Pumps Market by Application
- 6.3.2 France Intrathecal Pumps Market by Type
- 6.4 Russia Intrathecal Pumps Market
- 6.4.1 Russia Intrathecal Pumps Market by Application
- 6.4.2 Russia Intrathecal Pumps Market by Type
- 6.5 Spain Intrathecal Pumps Market
- 6.5.1 Spain Intrathecal Pumps Market by Application
- 6.5.2 Spain Intrathecal Pumps Market by Type
- 6.6 Italy Intrathecal Pumps Market
- 6.6.1 Italy Intrathecal Pumps Market by Application
- 6.6.2 Italy Intrathecal Pumps Market by Type
- 6.7 Rest of Europe Intrathecal Pumps Market
- 6.7.1 Rest of Europe Intrathecal Pumps Market by Application
- 6.7.2 Rest of Europe Intrathecal Pumps Market by Type
Chapter 7. Company Profiles
- 7.1 Medtronic PLC
- 7.1.1 Company overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Product Launches and Product Expansions:
- 7.1.5.2 Trails and Approvals:
- 7.1.6 SWOT Analysis
- 7.2 ICU Medical, Inc. (Smiths Medical)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.3 Teleflex, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
- 7.4 Johnson & Johnson (Johnson & Johnson Services, Inc.)
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental &Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 Baxter International, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
- 7.6 Abbott Laboratories
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
- 7.7 Tricumed Medizintechnik GmbH
- 7.7.1 Company Overview
- 7.8 Flowonix Medical, Inc.
- 7.8.1 Company Overview
- 7.8.2 Recent strategies and developments:
- 7.8.2.1 Trails and Approvals:
- 7.9 DURECT Corporation
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.10. Novartis AG
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expense
- 7.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 2 Europe Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 3 Europe Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 4 Europe Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 5 Europe Pain Market by Country, 2019 - 2022, USD Thousands
- TABLE 6 Europe Pain Market by Country, 2023 - 2030, USD Thousands
- TABLE 7 Europe Spasticity Market by Country, 2019 - 2022, USD Thousands
- TABLE 8 Europe Spasticity Market by Country, 2023 - 2030, USD Thousands
- TABLE 9 Europe Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 10 Europe Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 11 Europe Morphine Market by Country, 2019 - 2022, USD Thousands
- TABLE 12 Europe Morphine Market by Country, 2023 - 2030, USD Thousands
- TABLE 13 Europe Ziconotide Market by Country, 2019 - 2022, USD Thousands
- TABLE 14 Europe Ziconotide Market by Country, 2023 - 2030, USD Thousands
- TABLE 15 Europe Baclofen Market by Country, 2019 - 2022, USD Thousands
- TABLE 16 Europe Baclofen Market by Country, 2023 - 2030, USD Thousands
- TABLE 17 Europe Bupivacaine Market by Country, 2019 - 2022, USD Thousands
- TABLE 18 Europe Bupivacaine Market by Country, 2023 - 2030, USD Thousands
- TABLE 19 Europe Clonidine Market by Country, 2019 - 2022, USD Thousands
- TABLE 20 Europe Clonidine Market by Country, 2023 - 2030, USD Thousands
- TABLE 21 Europe Others Market by Country, 2019 - 2022, USD Thousands
- TABLE 22 Europe Others Market by Country, 2023 - 2030, USD Thousands
- TABLE 23 Europe Intrathecal Pumps Market by Country, 2019 - 2022, USD Thousands
- TABLE 24 Europe Intrathecal Pumps Market by Country, 2023 - 2030, USD Thousands
- TABLE 25 Germany Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 26 Germany Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 27 Germany Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 28 Germany Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 29 Germany Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 30 Germany Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 31 UK Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 32 UK Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 33 UK Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 34 UK Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 35 UK Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 36 UK Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 37 France Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 38 France Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 39 France Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 40 France Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 41 France Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 42 France Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 43 Russia Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 44 Russia Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 45 Russia Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 46 Russia Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 47 Russia Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 48 Russia Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 49 Spain Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 50 Spain Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 51 Spain Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 52 Spain Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 53 Spain Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 54 Spain Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 55 Italy Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 56 Italy Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 57 Italy Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 58 Italy Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 59 Italy Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 60 Italy Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 61 Rest of Europe Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 62 Rest of Europe Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 63 Rest of Europe Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 64 Rest of Europe Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 65 Rest of Europe Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 66 Rest of Europe Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 67 Key Information - Medtronic PLC
- TABLE 68 Key information - ICU Medical, Inc.
- TABLE 69 Key Information - Teleflex, Inc.
- TABLE 70 Key Information - Johnson & Johnson
- TABLE 71 Key Information - Baxter International, Inc.
- TABLE 72 Key Information - Abbott Laboratories
- TABLE 73 Key Information - Tricumed Medizintechnik GmbH
- TABLE 74 Key Information - Flowonix Medical, Inc.
- TABLE 75 Key Information - DURECT Corporation
- TABLE 76 Key Information - Novartis AG
