Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- An intrathecal pump is a medical device used to deliver medications directly into the space between the spinal cord and the protective sheath surrounding the spinal cord. Medications such as baclofen, morphine, or ziconotide may be delivered in this manner to minimize the side effects often associated with the higher doses used in oral or intravenous delivery of these drugs.

Intrathecal pump is a surgically implanted system used to infuse potent medication directly into or around the spinal cord. These pumps are typically intended for use in chronic pain and spasticity management for delivering potent medicines in the intrathecal space which allows administration of drugs in very low doses.

In the last several years, global market of Intrathecal Pumps developed steadily, with an average growth rate of 3.5%. In 2016, global revenue of Intrathecal Pumps is nearly 220 million USD; the actual production is about 5.05 thousand units.

The global average price of Intrathecal Pumps is in the decreasing trend, from 4486 USD/ Unit in 2012 to 4387 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of Intrathecal Pumps includes Constant Rate Pump, Programmable Pump. The proportion of Programmable Pump in 2016 is about 91.3%. A programmable pump delivers the medication according to a rate determined by a computer program.

The global Intrathecal Pumps market was 230 million US$ in 2018 and is expected to 310 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.

This report studies the Intrathecal Pumps market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Intrathecal Pumps in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Medtronic

Codman & Shurtleff (J&J)

Flowonix

Tricumed

By the product type, the market is primarily split into

Constant Rate Pump

Programmable Pump

By the end users/application, this report covers the following segments

Chronic Pain

Spasticity Management

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