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.
Free Valuable Insights: The Global Intrathecal Pumps Market will Hit 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 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
3.2 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
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
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe 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 Europe Intrathecal Pumps Market share by Application, 2022
FIG 6 Europe Intrathecal Pumps Market share by Application, 2030
FIG 7 Europe Intrathecal Pumps Market by Application, 2019 - 2030, USD Thousands
FIG 8 Europe Intrathecal Pumps Market share by Type, 2022
FIG 9 Europe Intrathecal Pumps Market share by Type, 2030
FIG 10 Europe Intrathecal Pumps Market by Type, 2019 - 2030, USD Thousands
FIG 11 Europe Intrathecal Pumps Market share by Country, 2022
FIG 12 Europe Intrathecal Pumps Market share by Country, 2030
FIG 13 Europe 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