(PharmaNewsWire.Com, January 10, 2017 ) Intrathecal Pumps Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Intrathecal Pumps globally.
The Intrathecal Pumps Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Intrathecal Pumps Market:
Codman & Shurtleff Flowonix Medical Medtronic Teleflex
Other Prominent Vendors of Intrathecal Pumps Market Are:
Advanced Bionics Advance Neuromodulation System Baxter Boston Scientific DJO Global Dynacast Inteprod
“An important trend which will have a big impact on market growth is the expanding application of intathecal pumps and the ability to customize medication doses. There has been a growing usage of intrathecal pumps worldwide. The use of intrathecal medication has emerged as a feasible option for the long-term treatment of cancer-related pain. The use of this therapy has grown significantly for chronic non-cancer pain, particularly for the treatment of chronic back pain. The therapy was most commonly preferred over traditional treatment due to its effectiveness, affordability, and better results. The positive results of insulin pumps have become popular among the pain population and is gaining increased acceptance to treat chronic pain.”
According to the Intrathecal Pumps Market report, a key growth driver is the favorable response from insurance companies. The healthcare insurance programs such as Medicare are driving the market. Several indications for treatment using infusion pumps are covered under this program. Morphine infusion through an external infusion pump is covered when used in the treatment of intractable pain due to cancer (in an inpatient or outpatient setting, including a hospice). An implantable infusion pump is covered under this program when used to administer anti-spasmodic drugs such as baclofen intrathecally to treat chronic intractable spasticity in people who have proven unresponsive to less invasive medical therapy. It also covers opioid drugs for the treatment of chronic intractable pain.
Report also presents Geographical Segmentation analysis of Intrathecal Pumps Market of Americas, APAC, EMEA region.
Further, the Intrathecal Pumps Market report states that one challenge that could hamper market growth is the limited number of approved medications that can be administered through intrathecal pumps.
Key questions answered in Intrathecal Pumps market report:
What will the Intrathecal Pumps market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving Intrathecal Pumps market? What are the challenges to Intrathecal Pumps market growth? Who are the key vendors in Intrathecal Pumps market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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