The intrathecal pump market will have a market value of $355.2 million by…

The intrathecal pump market will have a market value of $355.2 million by…

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PUNE INDIA, Jan. 28, 2023 (GLOBE NEWSWIRE) — The market has been studied for the segmentation and region-wise analysis mentioned below for North America, Europe, Asia, South America and Middle East & Africa. These are the key regions where the Intrathecal Pump Market is in operation and is expected to be expanded soon. The manufacturers and suppliers involved Intrathecal Pump Market are present transnationally in the regions mentioned above.

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The report provides a detailed understanding of the market segments formed by combining different perspectives such as type, application and region. Apart from that, the following sections also discuss the key drivers, restraints, potential growth opportunities, and market challenges.

The major players in the world Intrathecal Pump Market are Codman & Shurtleff, Medtronic plc, Arrow International, Medallion Therapeutics, Flowonix and Tricumed GmbH. among other things. In order to gain significant market share and strengthen their position in the global intrathecal pump market, manufacturers are pursuing expansion methods such as recent developments, mergers and acquisitions, product innovations, collaborations and partnerships, and joint ventures.

The increasing incidence of chronic conditions such as cancer pain and other pain-causing conditions such as post-surgical pain where the patient experiences persistent, severe back pain are key growth drivers for the intrathecal pump market. One of the key drivers of the market is the increasing need for targeted drug delivery systems and technological developments in intrathecal pumps. The American Association of Neurological Surgeons estimates that more than 12 million people worldwide will be affected by spasticity symptoms by 2020. These people include people with multiple sclerosis…

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