Market Size of Intrathecal Pumps Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.10 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Intrathecal Pumps Market Analysis
The intrathecal pumps market studied is expected to grow with an estimated CAGR of 5.1% over the forecast period
- The COVID-19 pandemic initially impacted the intrathecal pumps market. A 2021 article by the National Center for Biotechnology Information (NCBI) noted that activities related to intrathecal baclofen (ITB) therapy could not be interrupted at the onset of the pandemic due to potentially life-threatening complications. Although patients faced difficulties in reaching medical clinics, a continuation of physical therapy and improvements in anxiety related to medical conditions were observed.
- Despite challenges in communicating with medical staff, optimal scores were maintained at the beginning of the pandemic and one year after without significant differences. Most chronic pain services were classified as non-urgent, and all Intrathecal Pumps (ITP) refill procedures were inadequate or stopped during the pandemic to prevent virus transmission, which impeded market growth. However, services have gradually resumed globally, and the market is expected to grow progressively during the forecast period.
- Major factors driving the growth of Intrathecal pumps are the increasing prevalence of chronic diseases such as cancer pain and other pain-causing procedures such as postoperative pain, where the individual faces continual and severe back pain. Increasing demand for targeted drug delivery systems and technological advancements in intrathecal Pumps is one of the growth drives boosting the market. According to the National Spinal Cord Injury Statistical Center June 2021 report, an estimated 296 thousand people in the United States were living with a spinal cord injury in 2021. Spasticity is the major condition often associated with spinal cord injuries which further increases the demand for intrathecal pumps
- According to International Agency for Research on Cancer (IARC), new estimates on the global cancer burden indicate that by 2040, the number of new cancer cases is said to be around 27.5 million and 16.3 million cancer deaths. Intrathecal pumps are more advantageous than oral therapies because they directly release a drug in the Cerebro Spinal Fluid (CSF) and are absorbed more quickly and directly. Also, the dose of medication required is very less when compared to oral therapies, whereas the pump needs only 1/300 of the drug than oral medication. Increased potency, less systematic exposure, and the bioavailability of the drug are expected to increase the demand for advanced intrathecal pumps.
- In Addition, according to the National Center for Biotechnology Information (NCBI), in 2022, it has been stated that back pain is one of the most common causes of patients seeking emergency care. And some studies have shown that around 23% of adults worldwide suffer from chronic low back pain. This population has also shown a 24% to 80% one-year recurrence rate. Some estimates of lifetime prevalence are as high as 84% in adults. The increasing prevalence of chronic or severe back pain elevates the need for paint management treatment through intrathecal pumps. Hence this is elevating market growth.
- Furthermore, the increase in the geriatric population susceptible to chronic pain has increased the product demand. According to the National Institute on Aging (NIA), the world's senior population will be around 72 million by 2030.
- Therefore, owing to the aforementioned factors, the studied market is anticipated to grow over the analysis period. However, a shortage of awareness regarding pain management and the high product cost is likely to impede market growth.
Intrathecal Pumps Industry Segmentation
As per the scope of the report, intrathecal pumps are generally used to treat cancer pain, pain from failed surgeries, or where high doses of opioids and/or morphine are required. These pumps are placed under the skin of the abdomen through the surgery and deliver medicine through the catheter to the cerebrospinal fluid in the patient's spinal cord. This enables the pump to deliver a more accurate dose of medication compared to oral medicines.
The intrathecal pumps market is segmented by product class (baclofen, hydromorphone, morphine, bupivacaine, and others), application (pain management and spasticity management), end-user (hospitals & clinics, ambulatory surgery centers), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).
The report offers the value (in USD ) for the above segments.
By Product Class | |
Baclofen | |
Hydromorphone | |
Morphine | |
Bupivacaine | |
Other Product Classes |
By Application | |
Pain Management | |
Spasticity Management |
By End User | |
Hospitals & Clinics | |
Ambulatory Surgery Centers |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Middle East and Africa | |
South America |
Intrathecal Pumps Market Size Summary
The intrathecal pumps market is poised for steady growth, driven by the increasing prevalence of chronic diseases such as cancer and severe back pain, which necessitate effective pain management solutions. The market experienced initial setbacks due to the COVID-19 pandemic, which disrupted medical services and procedures related to intrathecal pumps. However, as services resumed globally, the market began to recover, supported by advancements in targeted drug delivery systems and the growing demand for intrathecal pumps that offer more efficient drug absorption compared to traditional oral therapies. The rising geriatric population and the high incidence of spinal cord injuries further contribute to the market's expansion, as these conditions often require advanced pain management solutions.
North America dominates the global intrathecal pumps market, attributed to its high healthcare expenditure and the significant prevalence of chronic pain conditions. The region's focus on innovative pain management strategies, such as spinal intrathecal delivery systems, underscores its leading position. The market is moderately fragmented, with key players like Tricumed Medizintechnik GmbH, Johnson & Johnson Services, Inc., Teleflex, Inc., Flowonix Medical, Inc., and Medtronic playing pivotal roles. Recent regulatory approvals and partnerships aimed at addressing the opioid crisis and enhancing chronic pain therapeutics are expected to further propel market growth during the forecast period.
Intrathecal Pumps Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence Of Chronic Back Pain And Muscle Spasticity
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1.2.2 Increasing Demand For Targeted Drug Delivery Systems
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1.2.3 Technological Advancements In Intrathecal Pumps
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1.3 Market Restraints
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1.3.1 Shortage of Awareness Regarding Pain Management
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1.3.2 High Cost of Product
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Class
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2.1.1 Baclofen
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2.1.2 Hydromorphone
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2.1.3 Morphine
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2.1.4 Bupivacaine
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2.1.5 Other Product Classes
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2.2 By Application
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2.2.1 Pain Management
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2.2.2 Spasticity Management
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2.3 By End User
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2.3.1 Hospitals & Clinics
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2.3.2 Ambulatory Surgery Centers
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2.4 Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.5 South America
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Intrathecal Pumps Market Size FAQs
What is the current Intrathecal Pumps Market size?
The Intrathecal Pumps Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Intrathecal Pumps Market?
Tricumed Medizintechnik GmbH , Teleflex, Inc. , Flowonix Medical, Inc. , Medtronic and Johnson & Johnson Services, Inc. (Codman and Shurtleff) are the major companies operating in the Intrathecal Pumps Market.