The Asia Pacific Intrathecal Pumps Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
It has been observed that intrathecal pump manufacturers are developing devices with extended battery life, potentially reducing the necessity for additional surgical interventions to replace expired pumps. An increase in the incidence of pain disorders is anticipated to propel market expansion. As the survival rate of oncologic patients increases, so does the prevalence of cancer-related discomfort. 67% of patients with metastatic cancer experience pain, making it one of the most commonly observed symptoms. With pharmacologic therapies, including analgesics, the preponderance of chronic cancer pain can be managed. On the contrary, intrathecal drug delivery presents an alternative analgesic method that effectively enhances bioavailability and mitigates adverse effects, thus propelling the market's expansion.
The increasing demand for advanced intrathecal pumps for rapid delivery of medications into the spinal cord for faster pain relief is expected to boost the industry's growth during the forecast period. The advantages associated with these pumps are anticipated to augment the industry growth. Medications, such as opioids, when given through an intrathecal pain pump, provide superior pain relief as well as reduce side effects. Also, a small amount of medication is required in pain pumps compared to the amount of medication taken in pill form, increasing its preference among individuals.
According to the State Council, total expenditure on public health rose 15.2 percent in 2021 from 2020 to 1.9 trillion yuan (about $293 billion). Adequate public health funding can help reduce treatment gaps by ensuring that advanced pain management options, including intrathecal pumps, are accessible to a larger portion of the population. With increased funding, specialized pain management services incorporating intrathecal pump therapy may become more widely available. Therefore, the factors mentioned above will propel the market growth in the Asia Pacific region.
The China market dominated the Asia Pacific Intrathecal Pumps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $33,600.1 Thousands by 2030. The Japan market is exhibiting a CAGR of 5.9% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Intrathecal Pumps Market is Predict to reach USD 491.7 Million by 2030, at a CAGR of 5.7%
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
By Type
- Morphine
- Ziconotide
- Baclofen
- Bupivacaine
- Clonidine
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Intrathecal Pumps Market, by Application
1.4.2 Asia Pacific Intrathecal Pumps Market, by Type
1.4.3 Asia Pacific 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
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Intrathecal Pumps Market by Application
4.1 Asia Pacific Pain Market by Country
4.2 Asia Pacific Spasticity Market by Country
Chapter 5. Asia Pacific Intrathecal Pumps Market by Type
5.1 Asia Pacific Morphine Market by Country
5.2 Asia Pacific Ziconotide Market by Country
5.3 Asia Pacific Baclofen Market by Country
5.4 Asia Pacific Bupivacaine Market by Country
5.5 Asia Pacific Clonidine Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Intrathecal Pumps Market by Country
6.1 China Intrathecal Pumps Market
6.1.1 China Intrathecal Pumps Market by Application
6.1.2 China Intrathecal Pumps Market by Type
6.2 Japan Intrathecal Pumps Market
6.2.1 Japan Intrathecal Pumps Market by Application
6.2.2 Japan Intrathecal Pumps Market by Type
6.3 India Intrathecal Pumps Market
6.3.1 India Intrathecal Pumps Market by Application
6.3.2 India Intrathecal Pumps Market by Type
6.4 South Korea Intrathecal Pumps Market
6.4.1 South Korea Intrathecal Pumps Market by Application
6.4.2 South Korea Intrathecal Pumps Market by Type
6.5 Singapore Intrathecal Pumps Market
6.5.1 Singapore Intrathecal Pumps Market by Application
6.5.2 Singapore Intrathecal Pumps Market by Type
6.6 Malaysia Intrathecal Pumps Market
6.6.1 Malaysia Intrathecal Pumps Market by Application
6.6.2 Malaysia Intrathecal Pumps Market by Type
6.7 Rest of Asia Pacific Intrathecal Pumps Market
6.7.1 Rest of Asia Pacific Intrathecal Pumps Market by Application
6.7.2 Rest of Asia Pacific 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
TABLE 1 Asia Pacific Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 2 Asia Pacific Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 3 Asia Pacific Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 4 Asia Pacific Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 5 Asia Pacific Pain Market by Country, 2019 - 2022, USD Thousands
TABLE 6 Asia Pacific Pain Market by Country, 2023 - 2030, USD Thousands
TABLE 7 Asia Pacific Spasticity Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Asia Pacific Spasticity Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Asia Pacific Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 10 Asia Pacific Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 11 Asia Pacific Morphine Market by Country, 2019 - 2022, USD Thousands
TABLE 12 Asia Pacific Morphine Market by Country, 2023 - 2030, USD Thousands
TABLE 13 Asia Pacific Ziconotide Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Asia Pacific Ziconotide Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Asia Pacific Baclofen Market by Country, 2019 - 2022, USD Thousands
TABLE 16 Asia Pacific Baclofen Market by Country, 2023 - 2030, USD Thousands
TABLE 17 Asia Pacific Bupivacaine Market by Country, 2019 - 2022, USD Thousands
TABLE 18 Asia Pacific Bupivacaine Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Asia Pacific Clonidine Market by Country, 2019 - 2022, USD Thousands
TABLE 20 Asia Pacific Clonidine Market by Country, 2023 - 2030, USD Thousands
TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Thousands
TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Thousands
TABLE 23 Asia Pacific Intrathecal Pumps Market by Country, 2019 - 2022, USD Thousands
TABLE 24 Asia Pacific Intrathecal Pumps Market by Country, 2023 - 2030, USD Thousands
TABLE 25 China Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 26 China Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 27 China Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 28 China Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 29 China Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 30 China Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 31 Japan Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 32 Japan Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 33 Japan Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 34 Japan Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 35 Japan Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 36 Japan Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 37 India Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 38 India Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 39 India Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 40 India Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 41 India Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 42 India Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 43 South Korea Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 44 South Korea Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 45 South Korea Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 46 South Korea Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 47 South Korea Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 48 South Korea Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 49 Singapore Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 50 Singapore Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 51 Singapore Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 52 Singapore Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 53 Singapore Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 54 Singapore Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 55 Malaysia Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 56 Malaysia Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 57 Malaysia Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 58 Malaysia Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 59 Malaysia Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 60 Malaysia Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
TABLE 61 Rest of Asia Pacific Intrathecal Pumps Market, 2019 - 2022, USD Thousands
TABLE 62 Rest of Asia Pacific Intrathecal Pumps Market, 2023 - 2030, USD Thousands
TABLE 63 Rest of Asia Pacific Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
TABLE 64 Rest of Asia Pacific Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
TABLE 65 Rest of Asia Pacific Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
TABLE 66 Rest of Asia Pacific 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
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Intrathecal Pumps Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Intrathecal Pumps Market
FIG 4 Porter’s Five Forces Analysis – Intrathecal Pumps Market
FIG 5 Asia Pacific Intrathecal Pumps Market share by Application, 2022
FIG 6 Asia Pacific Intrathecal Pumps Market share by Application, 2030
FIG 7 Asia Pacific Intrathecal Pumps Market by Application, 2019 - 2030, USD Thousands
FIG 8 Asia Pacific Intrathecal Pumps Market share by Type, 2022
FIG 9 Asia Pacific Intrathecal Pumps Market share by Type, 2030
FIG 10 Asia Pacific Intrathecal Pumps Market by Type, 2019 - 2030, USD Thousands
FIG 11 Asia Pacific Intrathecal Pumps Market share by Country, 2022
FIG 12 Asia Pacific Intrathecal Pumps Market share by Country, 2030
FIG 13 Asia Pacific Intrathecal Pumps Market by Country, 2019 - 2030, USD Thousands
FIG 14 Recent strategies and developments: Medtronic plc
FIG 15 SWOT Analysis: Medtronic PLC
FIG 16 SWOT Analysis: Teleflex, Inc.
FIG 17 Swot Analysis: Johnson & Johnson
FIG 18 SWOT Analysis: Baxter International, Inc.
FIG 19 SWOT Analysis: Abbott Laboratories
FIG 20 SWOT Analysis: Novartis AG