"Designing Growth Strategies is in our DNA"
Pain pumps are electrochemical devices which are used to deliver the monitored amount of drugs into the patient body to manage pain. These pumps are operated by technological experts who are responsible for designing duration and dose of medicine to be delivered into the patient body by using the software. Pain pumps offer precision in terms of duration and quantity of dose administered, over manual infusion, and play a major role in restoring the health of patient after surgery. These medications are key for the normal recovery and the normal functioning for the patients suffering from chronic and acute pain due to medical conditions. These trends, coupled with technological advancements, are anticipated to contribute to the positive growth of the global pain pumps market.
Rise in need of minimally invasive techniques, reducing the demand for oral pain medication, increased patient preference due to effective pain relief and improved care are significant drivers for the growth of the global pain pumps market. These combined with, improved quality of life due to participation in day to day activities are significant drivers for the growth of global pain pumps market. According to the National Spinal Cord Injury Statistical Centre, in the U.S., 17,500 incidences of spinal cord injury were reported in 2017.
To gain extensive insights into the market, Request for Customization
Certain factors such as lack of efficiency in drug delivery due to air blockage, shortage of trained professional experts and high costs are some of the restraining factors for the growth of the global pain pumps market during the forecast period.
Some of the major companies that are present in the global pain pumps market are Medtronic, FLOWONIX MEDICAL INC., Johnson & Johnson Services, Inc., Teleflex Incorporated., Medallion Therapeutics, Inc., tricumed Medizintechnik GmbH, and others.
· Spinal Cord Injury
· Cancer Pain
· Cerebral Palsy
· Brain Injury
By Product Type
· Reusable Pumps
· Disposable Pumps
By End User
· Pain Clinics
· Ambulatory Surgery Centres (ASCs)
· Homecare Settings
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Among the segmentation, cancer pain in the application segment is projected to hold a considerable share of the global pain pumps market due to higher adoption of pain pumps for the relieving of cancer pain in developed as well as developing countries.
Pricing analysis of key players in major countries/regions
Recent advancements in the global pain pump market
Recent industry developments such as partnerships, mergers, and acquisitions
Market strategy of key players
North America is anticipated to dominate the global pain pumps market owing to the increasing prevalence of chronic pain, growing incidence of spinal cord injuries, improved nurse education and training, advanced healthcare facilities and emphasis on minimally invasive techniques for pain management. The Asia Pacific and Middle East & Africa hold huge potential for global pain pumps market owing to growth in demand of better pain management devices, rise in geriatric population, and the increasing availability of pain pumps in the market are some of the major factors driving the adoption and consumption of pain pumps in the region.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry