Press release
Global Smart Implantable Pumps Market Report Covers Detailed Industry Scope, Future Market Size Scenario And Outlook To 2025 | Medtronic, Tricumed Medizintechnik GmbH, Flowonix Medical, Abbott
Smart Implantable Pumps Market
Implantable pumps or infusion pumps are small-sized medical devices that are implanted into the human body for delivering drugs and administer their steady doses. The implantable pumps function on the reservoir mechanism that is placed medically inside the human body, which is attached with a thin flexible tube. The pump delivers the drug through this flexible tube to a specific body part. The implantable pumps aim to serve drug infusion through the intra-arterial route for a long period of time.
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Global Smart Implantable Pumps Market: Growth Factors
The rising prevalence of chronic diseases, such as cancer, diabetes, and pain associated with them, is the key factor projected to drive the growth of the global smart implantable pumps market in the future. Moreover, the increasing geriatric population base, rising health consciousness of people, growing healthcare expenditures in developing countries, favorable reimbursement policies, and government support to avail the best patient treatment options are propelling the global smart implantable pumps market. However, stringent regulatory strategies for the approval of smart implantable pumps and rising number of product recalls due to medicine errors of infusion pumps may obstruct the smart implantable pumps market growth.
Global Smart Implantable Pumps Market: Segmentation
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Micro-pumps, Perfusion Pumps.
Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Hospitals, Ambulatory Surgical Centers.
Global Smart Implantable Pumps Market: Regional Analysis
Asia Pacific was a prominent market for Smart Implantable Pumpss in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Smart Implantable Pumps market in Asia Pacific.
There are several manufacturers of Smart Implantable Pumpss in Europe and North America. In North America, the demand for Smart Implantable Pumpss is primarily driven by the residential sector. Improved standards of living and rising usage of Smart Implantable Pumpss for flooring purpose are anticipated to drive the market in North America.
Global Smart Implantable Pumps Market: Competitive Players
Some of the major players that operate in the Global Smart Implantable Pumps Market are Medtronic, Tricumed Medizintechnik GmbH, Flowonix Medical, Abbott, Berlin Heart, Intarcia Therapeutics, Cognos Therapeutics.
Latest Industry Updates:
Medtronic plc:- The global leader in medical technology, today announced first-ever clinical data from the SPYRAL HTN-OFF MED Pivotal Trial. The prospectively powered study of patients with uncontrolled high blood pressure (BP) not taking anti-hypertensive medications met its primary and secondary effectiveness endpoints, with a >99.9% probability of superiority for both versus those who received a sham control procedure. Additionally, there were no major device or procedural safety events through three months. The study was presented today as part of the American College of Cardiology together with the World Congress of Cardiology Scientific Sessions (ACC.20/WCC) and published simultaneously in The Lancet.
The global, sham-controlled study evaluated 331 patients--166 of whom were randomized to renal denervation (RDN), a minimally invasive procedure intended to regulate overactivity of nerves that lead to and from the kidney. Results showed a statistically significant 9.2 mm Hg reduction in patients' office systolic blood pressure (OSBP) and 4.7 mm Hg reduction in 24-hour systolic ambulatory blood pressure (ABPM) at three months in those treated with the Symplicity Spyral RDN system. Blood pressure reductions were sustained consistently throughout the day and nighttime periods, which may offer an important benefit as cardiovascular risk is higher during the nighttime period. Anti-hypertensive medications (if prescribed) were discontinued for at least three weeks prior to randomization.
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Global Smart Implantable Pumps Market: Regional Segment Analysis
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
What Report Provides
Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.
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Table of Contents:
Global Smart Implantable Pumps Market Report 2020
1 Smart Implantable Pumps Definition
2 Global Smart Implantable Pumps Market Major Player Share and Market Overview
3 Major Player Smart Implantable Pumps Business Introduction
4 Global Smart Implantable Pumps Market Segmentation (Region Level)
5 Global Smart Implantable Pumps Market Segmentation (Product Type Level)
6 Global Smart Implantable Pumps Market Segmentation (Industry Level)
7 Global Smart Implantable Pumps Market Segmentation (Channel Level)
8 Smart Implantable Pumps Market Forecast 2020-2024
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