Smart Implantable Pumps Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Smart Implantable Pumps Market: By Product Type (Micro-Pumps and Perfusion Pumps), By Application (Cardiovascular, Pain, and Spasticity), By End User (Ambulatory Surgical Centers, Hospitals, and Others), and Geography

 

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Report

Description

Smart Implantable Pumps Market size is valued at USD 1500 million in 2021 and expected to reach a value of USD 2621 million by 2028, growing at a CAGR of 8.3% over the forecast period 2022 to 2028  owing to increasing prevalence and incidence rate of chronic diseases coupled with growing geriatric population across the globe are the major factors driving the growth of the market. Furthermore, advancements in healthcare set-up and rising number of patient population with chronic pain and other chronic diseases are expected to boost the growth of the market. For instance, in U.S., around 20% to 30% of the population experiences chronic or recurring pain. Moreover, rising adoption of infusion pumps or implantable pumps which are small sized medical devices is the major factor that fuels the growth of the market over the forecast period. However, increasing product recalls and stringent regulatory policies for the approval of the products are anticipated to restrain the growth of the market. The report studies global smart implantable pumps market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global smart implantable pumps market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global smart implantable pumps products.

Smart Implantable Pumps Market

MARKET SUMMARY
-
8.3% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–8.3%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Smart Implantable Pumps Market

  • The report on global Smart Implantable Pumps Market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, end user and geography.
  • Smart Implantable Pumps Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Medtronic
  • Cognos Therapeutics, Inc.
  • Tricumed Medizintechnik
  • Intarcia Therapeutics, Inc.
  • Abbott
Smart Implantable Pumps Market Dynamics

The increasing aging population, specifically in developed countries such as the United States, Japan, and most of the Western Europe. Developed economies see high percent of aging compared to the emerging economies. This is indorsed to developed health care organization, promising reimbursement policies, and innovative health care facilities in developed economies. Furthermore, the heart diseases have been increasing across the globe from the past many years. For instance, the prevalence of heart failure has been increased over 5.8 million in the United States, and over 23 million across the globe.


North-America Got Significant Share

Smart Implantable Pumps Market

North America and Europe both accounted major shares in the global market and is expected to grow with the highest and fastest growth rate and is anticipated to grow with significant CAGR owing to increasing prevalence of cardiovascular diseases in the United States and accessibility of favorable reimbursement policies, rising number of ambulatory surgical centers and top leading hospitals offering best-in-class facilities for the treatment. Furthermore, rising adoption of innovative technologies in the developed nations is the major factor driving the growth of the market over the forecast period. Asia Pacific is expected to grow with a notable CAGR over the forecast period owing to increasing prevalence of chronic diseases mainly in the high populous countries such as China and India and government support in the development of healthcare infrastructure in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Smart Implantable Pumps Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The smart implantable pumps market is projected to expand at a CAGR of 8.3% during the forecast period

Medtronic, Cognos Therapeutics, Inc., Tricumed Medizintechnik, Intarcia Therapeutics, Inc., Abbott, Flowonix Medical, Berlin Heart

North America is the fastest-growing region for smart implantable pumps market


Report

Table Of Content

Table of Contents

  1. Executive Summary
  2. Global Smart Implantable Pumps Market Introduction
    • Global Smart Implantable Pumps Market – Taxonomy
    • Global Smart Implantable Pumps Market –Definitions
      • By Product Type
      • By Application
      • By End User
      • By Region
  1. Global Smart Implantable Pumps Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Smart Implantable Pumps Market Dynamics – Factors Impact Analysis
  2. Global Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Smart Implantable Pumps Market Forecast, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026
    • Micro-Pumps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Perfusion Pumps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026
    • Cardiovascular
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pain
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Spasticity
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026
    • Ambulatory Surgical Centers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hospitals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East & Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2020 – 2026
  2. North America Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 – 2026
    • North America Smart Implantable Pumps Market Dynamics – Trends
  3. Europe Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • Rest of Europe
    • Europe Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 – 2026
    • Europe Smart Implantable Pumps Market Dynamics – Trends
  4. Asia Pacific Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • Rest of Asia-Pacific
    • Asia Pacific Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 – 2026
    • Asia Pacific Smart Implantable Pumps Market – Trends
  5. Latin America Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of LATAM
    • Latin America Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 – 2026
    • Latin America Smart Implantable Pumps Market – Trends
  6. Middle East & Africa Smart Implantable Pumps Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • UAE
      • South Africa
      • Egypt
      • Rest of MEA
    • Middle East & Africa Smart Implantable Pumps Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 – 2026
    • Middle East & Africa Smart Implantable Pumps Market – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)
      • Medtronic
      • Cognos Therapeutics, Inc.
      • Tricumed Medizintechnik
      • Intarcia Therapeutics, Inc.
      • Abbott
      • Flowonix Medical
      • Berlin Heart
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Medtronic
  • Cognos Therapeutics, Inc.
  • Tricumed Medizintechnik
  • Intarcia Therapeutics, Inc.
  • Abbott
  • Flowonix Medical
  • Berlin Heart

Description

Smart Implantable Pumps Market size is valued at USD 1500 million in 2021 and expected to reach a value of USD 2621 million by 2028, growing at a CAGR of 8.3% over the forecast period 2022 to 2028  owing to increasing prevalence and incidence rate of chronic diseases coupled with growing geriatric population across the globe are the major factors driving the growth of the market. Furthermore, advancements in healthcare set-up and rising number of patient population with chronic pain and other chronic diseases are expected to boost the growth of the market. For instance, in U.S., around 20% to 30% of the population experiences chronic or recurring pain. Moreover, rising adoption of infusion pumps or implantable pumps which are small sized medical devices is the major factor that fuels the growth of the market over the forecast period. However, increasing product recalls and stringent regulatory policies for the approval of the products are anticipated to restrain the growth of the market. The report studies global smart implantable pumps market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global smart implantable pumps market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global smart implantable pumps products.

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