Bloomberg geo 5 skin#

The key findings and recommendations highlight crucial progressive industry trends in the global intrathecal pumps market, thereby allowing players across the value chain to develop effective long-term strategies.Дevelop/modify business expansion plans by using substantial growth offering developed and emerging markets. Highlights key business priorities in order to assist companies to realign their business strategies. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Intrathecal Pumps market. In 2021, the chronic pain segment is expected to hold a larger share of the market however, the spasticity segment is expected to register a higher CAGR during the forecast period. The intrathecal pumps market, based on application, is segmented into chronic pain and spasticity management. The constant rate pumps segment held the largest share of the market in 2021 and however, programmable pumps is anticipated to register the highest CAGR of 6.1% in the market during the forecast period. The intrathecal pumps market by type is segmented into constant rate pumps, and programmable pumps. For example, Flowonix Medicals launched a 40 mL pump for delivering medicines into the intrathecal space the delivery device utilises a valve-gated, pressure-driven delivery mechanism and also has a battery life of more than ten years, which may help decrease the need for future surgical procedures. Advances in technology, such as the ability of a pump to deliver medicines directly to the site of most need, greater potency, reduced systemic exposure, and the amount necessary to provide the desired pharmacologic effect, are projected to drive market expansion. Pain pumps require around 1/300 the quantity of medicine required by oral meds. When compared to oral medicines, intrathecal pumps require much less medication.

Bloomberg geo 5 skin#

The pumps are surgically placed under the abdominal skin and deliver pain medication through a catheter. Intrathecal pumps prevent the pain signals from being perceived by the brain.

Intrathecal space is an area surrounding the spinal cord. However, the lack of awareness regarding advanced pain management techniques and high cost of intrathecal pumps hampers the market growth.ДЄn intrathecal pump is a high-accuracy medical device that is implanted to relive chronic pain by inserting small amount of medicine directly into the intrathecal space. The increasing prevalence of cancer and other chronic conditions, advantages of intrathecal pumps over oral medications, and rise in geriatric population are among the major factors boosting the market growth. The intrathecal pumps market is expected to reach US$ 513.24 million by 2028 from US$ 357.38 million in 2021 it is estimated to grow at a CAGR of 5.3% during 2021-2028.