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spinal pumps market is anticipated to reach US$ 319.8 million by 2024

The global spinal pumps market was valued at US$ 222.0 million in 2015 and is anticipated to reach US$ 319.8 million by 2024. Spinal pumps are intrathecal drug delivery systems (ITDD) that provide anaesthesia and analgesia. ITDD systems involve a catheter attached to a pump and the pump is an external device or an implanted system that involves therapy and drug diagnosis. From the commercial perspective, each system has its own advantages and disadvantages in terms of cost and appeal. Globally, the spinal pumps industry is predicted to grow at a significant rate during the forecast period, pro

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spinal pumps market is anticipated to reach US$ 319.8 million by 2024

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  1. Spinal Pumps Market Size & Forecast Report, 2013 - 2024 “The global spinal pumps market was valued at US$ 222.0 million in 2015 and is anticipated to reach US$ 319.8 million by 2024. Spinal pumps are intrathecal drug delivery systems (ITDD) that provide anaesthesia and analgesia. ITDD systems involve a catheter attached to a pump and the pump is an external device or an implanted system that involves therapy and drug diagnosis.” The global spinal pumps market was valued at US$ 222.0 million in 2015 and is anticipated to reach US$ 319.8 million by 2024. Spinal pumps are intrathecal drug delivery systems (ITDD) that provide anaesthesia and analgesia. ITDD systems involve a catheter attached to a pump and the pump is an external device or an implanted system that involves therapy and drug diagnosis. From the commercial perspective, each system has its own advantages and disadvantages in terms of cost and appeal. Globally, the spinal pumps industry is predicted to grow at a significant rate during the forecast period, providing numerous opportunities for market players to invest for research and development in the market. Spinal pumps market is driven by rising prevalence of sclerosis, movement disorders, spinal and brain injuries and cerebral palsy. Increase in geriatric population and long-term therapy comprising spinal pump devices and brain injuries is likely to propel the market growth during the forecast period. Rise in chronic diseases in geriatric population and development of medical device and equipment is likely to contribute to market growth during the forecast period. Technological innovations and combination of programmable external devices with pumps that enable low medication dosages accelerates the market growth for the forecast period. Request Sample Copy @ https://www.millioninsights.com/industry-reports/spinal-pumps- market/request-sample The application segment for spinal pumps market involves pain management, spasticity, non-malignant pain and malignant pain. Pain management held a substantial share in the market growth owing to presence of large patient base suffering from chronic pain and clinical outcome. Spinal pumps market is geographically segmented as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to gain a higher CAGR during the forecast period due to rising healthcare infrastructure and patient awareness for treatment alternatives.

  2. The growth is accredited to developments in healthcare infrastructure and rise in advances in hospital equipment in emerging economies. North America and Europe market is likely to gain a significant market growth during the forecast period owing to rise in healthcare facilities and potential in the market. The key players profiled in spinal pumps industry are Flowonix Medical Inc, Medtronic Plc, Teleflex Inc and DePuySynthes and Tricumed Medizintechnik GmbH. Browse Report Summary with TOC @ https://www.millioninsights.com/industry-reports/spinal- pumps-market Market Segment: Global spinal pumps application outlook (Revenue, USD Million, 2013 - 2024) • Spasticity Management • Pain Management • Non-Malignant Pain • Malignant Pain Spinal pumps regional outlook (Revenue, USD Million, 2013 - 2024) • North America • U.S. • Canada • Europe • UK • Germany • Asia Pacific • Japan • China • India • Latin America • Mexico • Brazil • MEA • South Africa Find More Category Reports @ https://www.millioninsights.com/industry/medical-devices

  3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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