Spain Intrathecal Pumps Market Size & Outlook, 2022-2030
Spain intrathecal pumps market, 2017-2030 (US$M)
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Spain intrathecal pumps market highlights
- The Spain intrathecal pumps market generated a revenue of USD 7.2 million in 2022 and is expected to reach USD 10.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
- In terms of segment, morphine was the largest revenue generating type in 2022.
- Clonidine 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 7.2 million |
| Market revenue in 2030 | USD 10.8 million |
| Growth rate | 5.2% (CAGR from 2022 to 2030) |
| Largest segment | Morphine |
| Fastest growing segment | Clonidine |
| 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, Spain accounted for 2.1% 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 Europe, Germany intrathecal pumps market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 43.4 million by 2030.
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Intrathecal Pumps Market Scope
Intrathecal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 31.94% in 2022. Horizon Databook has segmented the Spain intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide, other type covering the revenue growth of each sub-segment from 2017 to 2030.
Traumatic Spinal Cord Injury (SCI) is expected to exhibit growth over the forecast period in Spain. As per Wolters Kluwer Health, in 2017, around 38,000 people live with SCI in Spain. The Spanish government is focusing on improving patient care for SCIs. As of 2017, there were 11 SCI units across Spain with two rehabilitation hospitals.
AMS Group acts as a supplier of Flowonix Medical Prometra II intrathecal pumps in Spain. In addition, courses are being designed to make practitioners aware of the usage and advantage of intrathecal pumps. Advanced Pain Cadaver Course, the 10th Intrathecal Drug Delivery Course is to be held in Spain in June 2021.
The course is designed for pain specialists, practitioners, neurosurgeons, and anesthesiologists utilizing intrathecal pumps for pain management in noncancer and cancer patients. Such educational courses are expected to boost the understanding of intrathecal drug delivery in pain management and thus may contribute to the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into Spain intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain intrathecal pumps market size, by type, 2017-2030 (US$M)
Spain Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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