Japan Intrathecal Pumps Market Size & Outlook, 2022-2030
Japan intrathecal pumps market, 2017-2030 (US$M)
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Japan intrathecal pumps market highlights
- The Japan intrathecal pumps market generated a revenue of USD 17.9 million in 2022 and is expected to reach USD 29.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, morphine was the largest revenue generating type in 2022.
- Bupivacaine is the most lucrative type segment registering the fastest growth during the forecast period.
Intrathecal pumps market data book summary
| Market revenue in 2022 | USD 17.9 million |
| Market revenue in 2030 | USD 29.6 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Morphine |
| Fastest growing segment | Bupivacaine |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baclofen, Bupivacaine, Clonidine, Morphine, Ziconotide, Other Type |
| Key market players worldwide | Medtronic PLC, Smiths Group PLC, Teleflex Inc, Johnson & Johnson, Medallion Therapeutics, Tricumed Medical Technology, Arrow International Inc, Flowonix |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global intrathecal pumps market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan intrathecal pumps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.8 million by 2030.
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Intrathecal Pumps Market Scope
Intrathecal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan intrathecal pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intrathecal pumps market will help companies and investors design strategic landscapes.
Morphine was the largest segment with a revenue share of 31.28% in 2022. Horizon Databook has segmented the Japan intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide, other type covering the revenue growth of each sub-segment from 2017 to 2030.
Japan is a rapidly aging Asian country with 28% of the total population aged 65 years and above in 2019. This percentage of aging population is expected to increase over the forecast period and will reach 40% in 2060.
Ageing people are at a high risk of chronic diseases, such as neurological disorders and cancer. As per WHO, in 2020, 1,028,658 new cancer cases were reported in Japan. Cancer patients sometimes suffer from chronic cancer pain, which is caused due to compression of spinal nerves by tumors.
Intrathecal pumps help alleviate cancer pain. Therefore, growing cancer cases are expected to drive the need for intrathecal pumps in Japan. In addition, older people also suffer from spinal disorders, pain in extremities, and deformities.
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Our clientele includes a mix of intrathecal pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into Japan intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan intrathecal pumps market size, by type, 2017-2030 (US$M)
Japan Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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