The global intrathecal pump market size was USD 2.16 Billion in 2022 and is expected to register a revenue CAGR of 8% over the forecast period, according to the latest report by Reports and Data. Intrathecal pumps are a sort of medical equipment that delivers medicine directly to patients' spinal cords.A further aspect boosting market revenue growth is the increased prevalence of chronic pain and spasticity. A significant section of the world's population has chronic pain, which may have a detrimental effect on the quality of life for those who experience it. Intrathecal pumps, which successfully control chronic pain while reducing dosage needed and risk of side effects, administer medications directly into the spinal cord.
In addition, as the world's population ages, the prevalence of chronic pain and other age-related illnesses rises, necessitating the development of more effective pain management techniques. Intrathecal pumps provide elderly individuals with a more concentrated and efficient pain treatment alternative, perhaps improving their quality of life.
As non-oral medication delivery systems grow increasingly common, the use of intrathecal pumps is expanding. Oral medications may have limitations in terms of absorption, bioavailability, and adverse effects for people who require large dosages of pain medication. Pain can be controlled more effectively and with fewer side effects when the medicine is delivered directly to the spinal cord using intrathecal pumps.
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Some Key Highlights from the Report
• In 2022, the programmable pumps segment was the top revenue generator in the global intrathecal pump market. This is because these pumps are increasingly used to provide personalized drug therapy for neurological diseases, chronic pain, and spasticity. By delivering accurate drug doses at specific intervals, they provide better pain management with fewer side effects. Furthermore, programmable pumps are designed to be filled by healthcare professionals, making them a safer and more convenient option for patients.
• In 2022, the chronic pain segment had the highest revenue growth rate in the worldwide intrathecal pump market. This is owing to the increased usage of intrathecal pumps by both patients and medical professionals, which have been shown to improve pain management and quality of life for people suffering from chronic pain.
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