Smart Implantable Pumps Market is Expected to Reach Approximately $ 2.6 Billion By 2026

Recent study titled, "Smart Implantable Pumps Market (By Type: Micro-pumps, Perfusion Pumps; By Application: Pain and Spasticity, Cardiovascular; By End Use: Ambulatory Surgical Centers, Hospitals) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026" which covers detailed statistical analysis and enlightens market dynamics and trends that provide a holistic picture of the industry.

The Global Smart Implantable Pumps Market size is estimated to grow at CAGR above 7.5 % over the forecast time frame 2019-2026 and reach the market value around USD 2.6 billion by 2026.

Smart implantable pumps have different potential benefits that have increased use over time. Such benefits include delivering focused and consistent medication to a specific body component, reducing chronic side effects and pain compared to other medicines, relieving patients from direct injections or catheters’ malaise and improving the management of symptoms.

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A major driver of the global smart implantable pumps market is the increase in chronic pain, heart failure, and hypertension as they are used extensely to administer medicines during treatment of these diseases. Heart failure is a major problem for public health, with over 5.8 million prevalence in the US and more than 23 million worldwide. A number of international studies have estimated that 10.1% to 55.2% of the population are suffering from pain. In the US, chronic or recurring pain affects 20 to 30% of the overall population. For more than five years about two thirds of these people suffered pain.

The market for smart implantable pumps can be broken down into perfusion pumps and micro-pumps. During the forecast period, the perfusion pumps segment, in particular the Medtronic Synchromed II Pump, are projected to account for the worldwide market’s leading percentage. In the forecast period, technology developments in perfusion pumps are expected to boost segment growth. The market can be transformed into pain and spasm and cardiovascular, depending on the application. In terms of end-users, the world market for intelligent, implantable pumps can be classified into hospitals, ambulatory surgical centers.

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Geriatric population increase and market growth in the incidence of chronic diseases

In developing economies such as the USA, most of Western Europe and Japan, the global population ages rapidly. Compared with developing countries, developed countries witness high aging rates. This is due to improved infrastructure for health care, favorable refund policies and advanced health care facilities in those countries. In addition, access to various diagnostic and therapeutic services, especially in developed countries, has improved in recent past. In turn, this has increased the population’s life expectancy. Increased numbers of elderly lead to a high rate of illnesses, which in turn can boost demand and consumption of intelligent implantable pumps.

Regional Outlook

Geographically, five major regions were segmented in the global smart implantable pumps market: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2018 the major global market shares were represented by North America and Europe. A large geriatreic population that is more vulnerable to chronic diseases such as spasticity and chronic pain, leads to demand for smart implantable pumps in those regions. In Asia Pacific, the intelligent implantable pump market is expected to expand during the projected period at a high CAGR. The growth of heart disease and other chronic conditions and the expenditure on healthcare are expected to propel the market in the region during the forecast period.

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Key Players & Strategies

The Smart Implantable Pumps market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Medtronic, plc, Flowonix Medical, Inc., Tricumed Medizintechnik GmbH, Abbott, Berlin Heart, and others.

These companies have established their market presence and enjoy customer brand loyalty. They offer a wide range of products and distribution systems worldwide. In addition, there were a small number of participants in the emerging markets in Asia in particular. However, the market leaders are expected to restrict the penetration of new entrants in the market by means of the strict regulatory framework and high quality standards.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Smart Implantable Pumps
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Smart Implantable Pumps Market By Type
1.2.2.1. Global Smart Implantable Pumps Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Smart Implantable Pumps Market Revenue Share By Type in 2017
1.2.2.3. Micro-pumps
1.2.2.4. Perfusion Pumps
1.2.2.5. Others
1.2.3. Smart Implantable Pumps Market By Application
1.2.3.1. Global Smart Implantable Pumps Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Pain and Spasticity
1.2.3.3. Cardiovascular
1.2.3.4. Others
1.2.4. Smart Implantable Pumps Market By End Use
1.2.4.1. Global Smart Implantable Pumps Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Ambulatory Surgical Centers
1.2.4.3. Hospitals
1.2.4.4. Others
1.2.5. Smart Implantable Pumps Market by Geography
1.2.5.1. Global Smart Implantable Pumps Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Smart Implantable Pumps Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Smart Implantable Pumps Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Smart Implantable Pumps Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Smart Implantable Pumps Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Smart Implantable Pumps Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Smart Implantable Pumps Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Smart Implantable Pumps Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Smart Implantable Pumps Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Smart Implantable Pumps Major Manufacturers in 2017

CHAPTER 4. SMART IMPLANTABLE PUMPS MARKET BY TYPE

4.1. Global Smart Implantable Pumps Revenue By Type
4.2. Micro-pumps
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Perfusion Pumps
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Other
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. SMART IMPLANTABLE PUMPS MARKET BY APPLICATION

5.1. Global Smart Implantable Pumps Revenue By Application
5.2. Pain and Spasticity
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Cardiovascular
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. SMART IMPLANTABLE PUMPS MARKET BY END USE

6.1. Global Smart Implantable Pumps Revenue By End Use
6.2. Ambulatory Surgical Centers
6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.3. Hospitals
6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 7. NORTH AMERICA SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

7.1. North America Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. North America Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Smart Implantable Pumps Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 8. EUROPE SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

8.1. Europe Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Europe Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

9.1. Asia-Pacific Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Asia-Pacific Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 10. LATIN AMERICA SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

10.1. Latin America Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Latin America Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 11. MIDDLE EAST SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

11.1. Middle East Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Middle East Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 12. AFRICA SMART IMPLANTABLE PUMPS MARKET BY COUNTRY

12.1. Africa Smart Implantable Pumps Market Revenue and Growth Rate, 2015 – 2026 ($Million)
12.2. Africa Smart Implantable Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
12.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.3.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
12.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.4.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
12.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.5.3. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Medtronic, plc
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Flowonix Medical, Inc.
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Tricumed Medizintechnik GmbH
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Abbott
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Berlin Heart
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Others
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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