English iCN Internal Distribution Market Research Reportedtimes Research Newswire

Spinal Pumps Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

spinal pumps market size share industry growth trend business opportunities challenges drivers and restraint research report by 2027

Spinal Pumps Market

iCrowdNewswire   Feb 2, 2021  6:48 PM ET

3

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.

The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Spinal Pumps market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Spinal Pumps business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.

Get a FREE Report Sample with Table of Contents and Figures @ https://www.reportsanddata.com/sample-enquiry-form/2191

The rise in demand for automobiles is expected to drive the market in the coming years. A significant challenge in the market’s growth is affected by the unstable price of the raw materials. Market demand is expected to be restrained by the rising demand for plastic-free products. Rising applications of Spinal Pumps in the coatings and paints are driving the market. The increasing usage of bio-based Spinal Pumps will also supplement Spinal Pumps market revenue share through 2027

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.

Competitive Terrain:

The global Spinal Pumps market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Spinal Pumps market are listed below:

DePuy Synthes, FlowonixMedical, Inc., Medtronic Plc, Tricumed Medizintechnik GmbH, and Teleflex, Inc.

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

To get an exclusive discount on the report, visit @ https://www.reportsanddata.com/report-detail/spinal-pumps-market

Key Takeaways from the Global Spinal Pumps Market report:

The global Spinal Pumps market report entails a broad product segmentation.

It methodically evaluates the overall product expanse of this business space.

The report covers pivotal information about the accrued market share of each product type, their profit estimations, and production growth graph.

The report provides the reader with a generic summary of the application gamut of the global Spinal Pumps market.

The report further details the market share and product demand for each application segment.

The study estimates the growth rate of each application segment over the projected timeframe.

Moreover, the report offers crucial information on the different parameters boosting the global market expansion, such as raw material production and market concentration rates.

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Spinal Pumps Market Segmentation & Impact Analysis

Chapter 5. Spinal Pumps Market, By Type Insights & Trends

Chapter 6. Spinal Pumps Market, By Application Insights & Trends

Chapter 7. Spinal Pumps Market, By End Use Insights & Trends

Chapter 8. Spinal Pumps Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

To receive the full report description @ https://www.reportsanddata.com/report-detail/spinal-pumps-market

Thank you for reading our report. The report can be customized based on regional segmentation and competitive landscape. Kindly get in touch with us to know more, and our team will ensure the report is well suited to meet your requirements.

Have a Look at Related Reports:

Cancer Stem Cell Therapeutics Market Share

Cultured Meat Market Growth

Polyaspartic Coatings Market Trends

About Reports and Data:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Information:

John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com


iCrowdNewswire

Keywords:    Spinal Pumps Market, Spinal Pumps Industry, Spinal Pumps Market size, Spinal Pumps Market share, Spinal Pumps Market trend, Spinal Pumps Market forecast, Spinal Pumps Market growth, Spinal Pumps Market 2020, Spinal Pumps Market COVID-19 Impact Analysis Report