UK Intrathecal Pumps Market Size & Outlook, 2022-2030
UK intrathecal pumps market, 2017-2030 (US$M)
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UK intrathecal pumps market highlights
- The UK intrathecal pumps market generated a revenue of USD 20.4 million in 2022 and is expected to reach USD 28.6 million by 2030.
- The UK market is expected to grow at a CAGR of 4.3% 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 20.4 million |
| Market revenue in 2030 | USD 28.6 million |
| Growth rate | 4.3% (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, UK accounted for 6.0% 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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UK 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 31.86% in 2022. Horizon Databook has segmented the UK intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide, other type covering the revenue growth of each sub-segment from 2017 to 2030.
Growing awareness regarding pain management and intrathecal drug delivery is expected to contribute to the market growth in the UK. The British Pain Society, in December 2015, published a booklet for patient information titled Intrathecal Drug Delivery Systems (ITDD) for treating pain and spasms.
This booklet provides information needed by the patient before they opt for ITDD. In addition, in July 2015, the Clinical Commissioning Policy was published by the NHS England with regard to the use of intrathecal pumps for treatment of severe chronic pain.
Therefore, the UK government is gradually taking initiatives to propel the adoption of intrathecal pumps for pain management. As adoption of intrathecal pumps is gradually increasing in the UK, market players are distributing these pumps through different distributors across countries.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into UK intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK intrathecal pumps market size, by type, 2017-2030 (US$M)
UK Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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