The market value for intrathecal pump will undergo steady growth over the projected period driven by greater patient awareness and technological advancement. Single digit growth in units sold will occur as patient awareness of the benefits of these devices is increasing. There is a high level of patient satisfaction with these devices which leads to high replacement rates and the lower satisfaction rates with neurostimulators drives growth in pumps as well. The market for intrathecal pumps is impacted by trends in the neurostimulation market.
Due to the higher reimbursement for neurostimulation, the market for intrathecal pumps did not witness significant growth prior to 2014 when the reimbursement for neurostimulation trials was reduced. As a result of this change, the market saw an increase in growth after these changes. However, competing neurostimulation is still eroding some of the pain pump market since neurostimulation tends to be the initial line of treatment for chronic back pain.
Key Topics Covered:
1. Executive Summary
U.S. Neuromodulation, Neurovascular, Neurosurgical And Monitoring Device Market Overview Competitive Analysis Market Trends Market Developments Procedure Numbers Procedure Codes Investigated Markets Included Key Report Updates
2. Disease Overview
2.1 Basic Anatomy 2.2 Disease Pathology And Disorders 2.2.1 Introduction 2.2.2 General Diagnostics And Neurosurgery 2.2.3 Tumor And Brain Cancer 2.2.4 Brain Arteriovenous Malformations 2.2.5 Ischemic Stroke 2.2.6 Brain Aneurysm 2.2.7 Disorders Related To Cerebrospinal Fluids And Intracranial Pressure 2.2.8 Indication For Neuromodulation 2.2.9 Traumatic Brain Injury