PUBLISHER: KBV Research | PRODUCT CODE: 1401082
PUBLISHER: KBV Research | PRODUCT CODE: 1401082
LAMEA 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 Latin America, Middle East and Africa Intrathecal Pumps Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030).
Intrathecal or spinal infusion pumps are medical devices designed to administer medication directly into the intrathecal space surrounding the spinal cord. This targeted drug delivery system allows for precise and controlled doses of medication, minimizing side effects and maximizing therapeutic efficacy. Typically implanted under the skin, these pumps are connected to a catheter that delivers medications such as analgesics, spasticity-reducing drugs, or anti-spasmodic directly to the cerebrospinal fluid. The growing number of chronic disorders, such as cancer, back pain, and chronic pancreatitis, is expected to be the principal driver of the industry's expansion. The World Health Organization (WHO) issued a warning in September 2022 regarding improvements in overall health, stating that chronic illnesses, including cancer, cardiovascular disease, and respiratory infections, will account for 86% of annual deaths by 2050 if the current trend of non-communicable diseases continues.
It is anticipated that technological advances in intrathecal pumps will stimulate industry expansion. Developments such as pump delivery modes, catheter design, and safety features are expected to accelerate its adoption. As per a report published in June 2022 by the National Centre for Biotechnology Information, intrathecal drug delivery systems (IDDS) are widely recognized for their efficacy in managing chronic benign pain. In addition, it is used in the treatment of patients with severe muscle spasticity and the administration of therapies for a variety of spinal diseases.
According to the government of UAE updated report in 2020, the value of the medical tourism industry was about US$15.5 billion in 2017, and it is expected to rise to US$28 billion by the end of 2024. The UAE has actively invested in developing state-of-the-art healthcare facilities, attracting medical tourists seeking high-quality medical services. The availability of advanced medical technologies, including intrathecal pumps, enhances the overall appeal of these facilities. Medical tourists often seek destinations that offer specialized medical services. Pain management, including the use of these pumps for targeted drug delivery, can be a unique and advanced service that attracts individuals seeking effective solutions for chronic pain. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Intrathecal Pumps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,913.2 Thousands by 2030. The Argentina market is experiencing a CAGR of 8.9% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Intrathecal Pumps Market, by Application
- 1.4.2 LAMEA Intrathecal Pumps Market, by Type
- 1.4.3 LAMEA 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. LAMEA Intrathecal Pumps Market by Application
- 4.1 LAMEA Pain Market by Country
- 4.2 LAMEA Spasticity Market by Country
Chapter 5. LAMEA Intrathecal Pumps Market by Type
- 5.1 LAMEA Morphine Market by Country
- 5.2 LAMEA Ziconotide Market by Country
- 5.3 LAMEA Baclofen Market by Country
- 5.4 LAMEA Bupivacaine Market by Country
- 5.5 LAMEA Clonidine Market by Country
- 5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Intrathecal Pumps Market by Country
- 6.1 Brazil Intrathecal Pumps Market
- 6.1.1 Brazil Intrathecal Pumps Market by Application
- 6.1.2 Brazil Intrathecal Pumps Market by Type
- 6.2 Argentina Intrathecal Pumps Market
- 6.2.1 Argentina Intrathecal Pumps Market by Application
- 6.2.2 Argentina Intrathecal Pumps Market by Type
- 6.3 UAE Intrathecal Pumps Market
- 6.3.1 UAE Intrathecal Pumps Market by Application
- 6.3.2 UAE Intrathecal Pumps Market by Type
- 6.4 Saudi Arabia Intrathecal Pumps Market
- 6.4.1 Saudi Arabia Intrathecal Pumps Market by Application
- 6.4.2 Saudi Arabia Intrathecal Pumps Market by Type
- 6.5 South Africa Intrathecal Pumps Market
- 6.5.1 South Africa Intrathecal Pumps Market by Application
- 6.5.2 South Africa Intrathecal Pumps Market by Type
- 6.6 Nigeria Intrathecal Pumps Market
- 6.6.1 Nigeria Intrathecal Pumps Market by Application
- 6.6.2 Nigeria Intrathecal Pumps Market by Type
- 6.7 Rest of LAMEA Intrathecal Pumps Market
- 6.7.1 Rest of LAMEA Intrathecal Pumps Market by Application
- 6.7.2 Rest of LAMEA 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 LAMEA Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 2 LAMEA Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 3 LAMEA Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 4 LAMEA Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 5 LAMEA Pain Market by Country, 2019 - 2022, USD Thousands
- TABLE 6 LAMEA Pain Market by Country, 2023 - 2030, USD Thousands
- TABLE 7 LAMEA Spasticity Market by Country, 2019 - 2022, USD Thousands
- TABLE 8 LAMEA Spasticity Market by Country, 2023 - 2030, USD Thousands
- TABLE 9 LAMEA Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 10 LAMEA Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 11 LAMEA Morphine Market by Country, 2019 - 2022, USD Thousands
- TABLE 12 LAMEA Morphine Market by Country, 2023 - 2030, USD Thousands
- TABLE 13 LAMEA Ziconotide Market by Country, 2019 - 2022, USD Thousands
- TABLE 14 LAMEA Ziconotide Market by Country, 2023 - 2030, USD Thousands
- TABLE 15 LAMEA Baclofen Market by Country, 2019 - 2022, USD Thousands
- TABLE 16 LAMEA Baclofen Market by Country, 2023 - 2030, USD Thousands
- TABLE 17 LAMEA Bupivacaine Market by Country, 2019 - 2022, USD Thousands
- TABLE 18 LAMEA Bupivacaine Market by Country, 2023 - 2030, USD Thousands
- TABLE 19 LAMEA Clonidine Market by Country, 2019 - 2022, USD Thousands
- TABLE 20 LAMEA Clonidine Market by Country, 2023 - 2030, USD Thousands
- TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
- TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
- TABLE 23 LAMEA Intrathecal Pumps Market by Country, 2019 - 2022, USD Thousands
- TABLE 24 LAMEA Intrathecal Pumps Market by Country, 2023 - 2030, USD Thousands
- TABLE 25 Brazil Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 26 Brazil Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 27 Brazil Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 28 Brazil Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 29 Brazil Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 30 Brazil Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 31 Argentina Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 32 Argentina Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 33 Argentina Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 34 Argentina Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 35 Argentina Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 36 Argentina Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 37 UAE Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 38 UAE Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 39 UAE Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 40 UAE Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 41 UAE Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 42 UAE Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 43 Saudi Arabia Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 44 Saudi Arabia Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 45 Saudi Arabia Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 46 Saudi Arabia Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 47 Saudi Arabia Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 48 Saudi Arabia Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 49 South Africa Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 50 South Africa Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 51 South Africa Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 52 South Africa Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 53 South Africa Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 54 South Africa Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 55 Nigeria Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 56 Nigeria Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 57 Nigeria Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 58 Nigeria Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 59 Nigeria Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 60 Nigeria Intrathecal Pumps Market by Type, 2023 - 2030, USD Thousands
- TABLE 61 Rest of LAMEA Intrathecal Pumps Market, 2019 - 2022, USD Thousands
- TABLE 62 Rest of LAMEA Intrathecal Pumps Market, 2023 - 2030, USD Thousands
- TABLE 63 Rest of LAMEA Intrathecal Pumps Market by Application, 2019 - 2022, USD Thousands
- TABLE 64 Rest of LAMEA Intrathecal Pumps Market by Application, 2023 - 2030, USD Thousands
- TABLE 65 Rest of LAMEA Intrathecal Pumps Market by Type, 2019 - 2022, USD Thousands
- TABLE 66 Rest of LAMEA 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
