PUBLISHER: KBV Research | PRODUCT CODE: 1401081
PUBLISHER: KBV Research | PRODUCT CODE: 1401081
Asia Pacific 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 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.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 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
- 3.1.1 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. 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
LIST OF TABLES
- 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
