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Key Insights of Global Implantable Pump Catheter Market Covering Prime Factors and Competitive Outlook During 2018-2028|| Top industry player - Medtronic
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A typical infusion system consists of two implanted components: a pump and a catheter. Catheter is a thin, flexible tube that connects to implantable pump through catheter port. The catheter is made of radiopaque silicone with enhanced radiopacity at the distal tip. Whereas, the pump delivers medication through the catheter to a specific site in body where it can have the best effect. An implantable pump comprises housing, a drug reservoir, a metering device, and a catheter access port. The catheter access port is guarded by a denial device which is configured to prevent insertion of a needle into the catheter access port. Whereas, the drug reservoir is coupled to the housing and has a reservoir outlet. This reservoir outlet is coupled to a metering device that has its own metered outlet. The catheter access port is fluidly coupled to the metered outlet and is configured for receiving a needle to infuse drug directly into a catheter.
The implantable pump catheter and the suture less connector are part of the Medtronic Implantable System for Remodulin that store and deliver Remodulin (treprostinil) injection into the bloodstream. The catheter connects to the pump catheter port. The pump is anchored in the pump pocket using the suture loops located on the outside of the pump.
Implantable Pump Catheter Market: Drivers and Restraints
Primary factors driving implantable pump catheter market include growing need for safe and effective guiding technology for PAH. Besides, rising prevalence of pulmonary arterial hypertension disease, increasing adoption of Remodulin for pulmonary arterial hypertension treatment, increase in healthcare spending, and rise in awareness, creating high potential growth opportunities for upcoming players of implantable pump and catheter. However, unawareness towards the procedure, high cost of treatment and device, and lack of reimbursement in some under developing countries are the factor limiting the growth of the global implantable pump catheter market.
Besides, possible system complications such as tissue damage or a loss of or change in therapy, might lead to a return of underlying symptoms, drug withdrawal symptoms, serious injury, or death and might require surgery to replace or remove the pump, catheter, or catheter fragment. The pump, catheter, or catheter fragment could migrate within the body or erode through the skin. Moreover, there could be undesirable changes in therapy, possibly related to cellular changes around the tip of the catheter. Apart from this, the catheter could leak, tear, or become disconnected, resulting in delivery of medication into the area under the skin where the pump is implanted or along the catheter path. Also, the catheter could kink or become blocked resulting in no delivery of medication.
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Implantable Pump Catheter Market: Segmentation
Tentatively, the global implantable pump catheter market has been segmented on the basis of end users, and geography.
Based on end user, the global implantable pump catheter market is segmented as:
Hospitals
Ambulatory Surgical Centers
Others
Implantable Pump Catheter Market: Key Players
Medtronic is the only player operating in this market. Examples of some of the major players in the global implantable pump catheter market are Medtronic, etc. Medtronic offers implantable pump along with catheter.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding China & Japan (India, Australia & New Zealand)
China
Japan
Middle East and Africa (GCC, S. Africa, Rest of MEA)
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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