Global Intrathecal Drug Delivery System Market Segmentation Analysis (2021-2030): By Growth Opportunities, Challenges, Applications and Key Participants such as Alcyone Lifesciences, B. Braun Melsungen AG, Flowonix, Medtronic, Smiths Group PLC

Absolute Markets Insights detailed analysis of its prolific knowledge storehouse titled; Global Intrathecal Drug Delivery System Market has been published. Designed using singular techniques, with detailed employment of primary and secondary research methodologies, the data presented is particular and robust. The information, thus presented factors in the different dynamics of business that have been elaborated to get a comprehensive description of changing variables.

The global intrathecal drug delivery system market was valued at US$ 900.96 Mn in 2020 and is anticipated to reach US$ 1415.96 Mn by 2030 growing at a CAGR of 5.2% during the forecast period (2021 – 2030)

Some of the major players operating in the global intrathecal drug delivery system market are Alcyone Lifesciences, B. Braun Melsungen AG, Flowonix, Medtronic, Smiths Group PLC, and Tricumed Medizintechnik GmbH.

Additionally, to providing end user with significant value, the Reports Globe report focused on Porter’s five-force exploration to present the market’s broad spectrum of opportunities, threats and challenges. Report details extracted through various business models such as SWOT and PESTEL analysis is represented as pie charts, diagrams and other images for a better and faster understanding of reality.

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Intrathecal drugs delivery (IDD) system is useful in the treatments of intractable (uncontrollable) pain. IDD system is utilized for providing medical treatment to patients who have medical conditions that make health so fragile that patients do not have options of any other treatment. Medical treatment through IDD requires highly specialized team that can ensure not only appropriate selection but also safety criteria. The major factor driving the growth of global intrathecal drug delivery system market is the rising prevalence of cancer all over the world. Due to prevalence of cancer, the demand for IDD system is increasing. Extensively improved analgesia is also expected to boost the market growth. The less adverse effects of IDD system compared to traditional opioid-based treatments (using morphine and drugs like morphine), make it a preferable option regarding pain management and many types of medical treatment.

Growing demand for information technology (IT) therapy is an opportunity that can play a positive role in the global intrathecal drug delivery system market. There are software which can monitor the amount of drug being injected to patient and display the findings on a screen. The growing investments by companies into research and development activities exploring possibilities regarding IDD are in progress and many doctors are making efforts to develop an effective as well as advanced pain management solution. Such solutions are anticipated to amplify the growth of global intrathecal drug delivery system market over the period of next eight years.

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In order to cope up with rising cancer cases, the intrathecal drug delivery system has proven to be more effective than oral medications. As a drug delivery platform, the pump delivers a variety of medication to treat unavoidable cancer pain. The system enables immediate release of medication into the fluid surrounding the spinal cord and reaches the nerves that are responsible for the perception of pain. Intrathecal drug delivery systems provide pain relief as they directly infuse medication into the cerebrospinal fluid. An IDD system includes the mechanical device that stores the analgesic medication and the catheter that infuses it. The intrathecal infusion of analgesics has been treating patients with chronic pain for more than 20 years. It is refractory to many conventional therapies.

The global intrathecal drug delivery system market participants are increasingly studying the efficacy of intrathecal drug delivery for non-cancerous diseases in individuals. Medtronic, for instance, conducted clinical trials for studying the impact of intrathecal drug delivery for the treatment of chronic intractable non-malignant primary back pain. Patients are increasingly opting for targeted drug delivery options, especially in the advanced economies where there is a higher awareness about this system. Simultaneously, the companies are increasingly working towards the reduction of complications associated with intrathecal drug delivery.

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Global Intrathecal Drug Delivery System Market:
By Offering
o Pump
o Catheter
o Trays and Kits
o Others

By Type
• Pain Management
o Malignant
o Non-Malignant
• Spasticity Management

By End user
• Hospital
• Clinics
• Ambulatory Surgical Centers
• Others

By Medications
• Morphine
• Ziconotide
• Baclofen
• Non-opioid medications, such as resiniferatoxin
• Others

By Clinical Indications
• Chronic back and neck pain
• Sciatica
• Chronic abdominal pain
• Failed back and neck surgery
• Central nervous system
• Cancer
• Reflex sympathetic dystrophy or complex regional pain syndrome
• Others

By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

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