Smart Implantable Pumps Market: By Product Type, By Application, By End User, and Region Forecast 2019-2030  

Smart Implantable Pumps Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Micro-Pumps and Perfusion Pumps), By Application (Cardiovascular, Pain, and Spasticity), By End User (Ambulatory Surgical Centers, Hospitals, and Others), and Region Forecast 2019-2030  

Smart Implantable Pumps Market size was valued at US$ 1600 million in 2023 and is expected to reach a value of US$ 2821 million by 2030, growing at a CAGR of 9.3% from 2024 - 2030  owing to increasing prevalence and incidence rate of chronic diseases coupled with growing geriatric population across the globe are the major factors driving the growth of the market.

Furthermore, advancements in healthcare setup and the rising number of patient populations with chronic pain and other chronic diseases are expected to boost the growth of the market. For instance, in the U.S., around 20% to 30% of the population experiences chronic or recurring pain. Moreover, the rising adoption of infusion pumps or implantable pumps which are small-sized medical devices is the major factor that fuels the growth of the market over the forecast period.

However, increasing product recalls and stringent regulatory policies for the approval of the products are anticipated to restrain the growth of the market. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. 

Global Smart Implantable Pumps Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.3%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Smart Implantable Pumps Market Dynamics

The increasing aging population, specifically in developed countries such as the United States, Japan, and most of the Western Europe. Developed economies see high percent of aging compared to the emerging economies. This is indorsed to developed health care organization, promising reimbursement policies, and innovative health care facilities in developed economies. Furthermore, the heart diseases have been increasing across the globe from the past many years. For instance, the prevalence of heart failure has been increased over 5.8 million in the United States, and over 23 million across the globe.

Global Smart Implantable Pumps Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1600 million

Market Size in 2030

US$ 2821 million

Market CAGR

9.3%

By Product Type

  • Micro-Pumps
  • Perfusion Pumps

By Application

  • Cardiovascular
  • Pain
  • Spasticity

By End User

  • Ambulatory Surgical Centers
  • Hospitals
  • Others

Key Features of the Report

  • The smart implantable pumps market report provides granular level information about the market size, regional market share, historic market (2019-2023)and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The smart implantable pumps market size was valued at US$ 1600 million in 2023 and is projected to reach US$ 2821 million by 2030, at a CAGR of 9.3% from 2024-2030

The smart implantable pumps market key players are: Medtronic Cognos Therapeutics, Inc. Tricumed Medizintechnik Intarcia Therapeutics, Inc. Abbott Flowonix Medical Berlin Heart

The smart implantable pumps market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

  1. Executive Summary
  2. Global Smart Implantable Pumps Market Introduction
    • Global Smart Implantable Pumps Market Taxonomy
    • Global Smart Implantable Pumps Market Definitions
      • By Product Type
      • By Application
      • By End User
      • By Region
  3. Global Smart Implantable Pumps Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Smart Implantable Pumps Market Dynamics Factors Impact Analysis
  4. Global Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Smart Implantable Pumps Market Forecast, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030
    • Micro-Pumps
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Perfusion Pumps
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030
    • Cardiovascular
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pain
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Spasticity
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030
    • Ambulatory Surgical Centers
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hospitals
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Smart Implantable Pumps Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030
    • North America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia Pacific
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East & Africa
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2024 - 2030
  2. North America Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2030
    • North America Smart Implantable Pumps Market Dynamics Trends
  3. Europe Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • Rest of Europe
    • Europe Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2030
    • Europe Smart Implantable Pumps Market Dynamics Trends
  4. Asia Pacific Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • Rest of Asia-Pacific
    • Asia Pacific Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 2026
    • Asia Pacific Smart Implantable Pumps Market Trends
  5. Latin America Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of LATAM
    • Latin America Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2020 2026
    • Latin America Smart Implantable Pumps Market Trends
  6. Middle East & Africa Smart Implantable Pumps Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Product Type Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Micro-Pumps
      • Perfusion Pumps
    • Application Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cardiovascular
      • Pain
      • Spasticity
    • End User Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Ambulatory Surgical Centers
      • Hospitals
      • Others
    • Country Analysis (2019 - 2023) and Forecast (2024 - 2030) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • UAE
      • South Africa
      • Egypt
      • Rest of MEA
    • Middle East & Africa Smart Implantable Pumps Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2023 -  2029
    • Middle East & Africa Smart Implantable Pumps Market - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)
      • Medtronic
      • Cognos Therapeutics, Inc.
      • Tricumed Medizintechnik
      • Intarcia Therapeutics, Inc.
      • Abbott
      • Flowonix Medical
      • Berlin Heart
  1. Research Methodology
  2. Key Assumptions and Acronyms

Key Market Players

  • Medtronic
  • Cognos Therapeutics, Inc.
  • Tricumed Medizintechnik
  • Intarcia Therapeutics, Inc.
  • Abbott
  • Flowonix Medical
  • Berlin Heart

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