Geographically, infusion pumps market segmented into North America, Europe, Asia Pacific, Latin America, & Middle East & Africa. In 2017, North America commanded a major share of the infusion pumps market. However, Asia Pacific is expected to witness highest growth during forecast period. Significant growth of Asia Pacific market mainly attributed to increasing prevalence of chronic diseases —
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The infusion pumps market is expected to reach USD 15.89 billion by 2023 from USD 11.90 billion in 2018, at a CAGR of 6.0%. The overall growth of the infusion pumps market is largely driven by the increasing incidence of chronic diseases along with the rapid growth in the geriatric population, rising demand for ambulatory infusion pumps, and the growing volume of surgical procedures performed.
The devices include volumetric infusion pumps, syringe infusion pumps, insulin infusion pumps, ambulatory infusion pumps, enteral infusion pumps, patient-controlled analgesia infusion pumps, and implantable infusion pumps. In 2017, the insulin infusion pumps segment dominated the infusion pump devices market. The insulin infusion pumps segment is expected to register the highest CAGR during the forecast period. The increasing prevalence of diabetes, coupled with the growing demand for the management of insulin at home, is expected to drive the growth of this market segment.
The players competing in infusion pumps market are Becton, Dickinson and Company (US), Baxter (US), ICU Medical (US), B. Braun (Germany), Fresenius Kabi (Germany), Medtronic (Ireland), Smiths Medical (US), Terumo Corporation (Japan), Moog (US), Roche Diagnostics (Switzerland), Halyard Health (US), Mindray Medical (China), Micrel Medical Devices SA (Greece), and Insulet Corporation (US).
#Table of Content
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Regulatory Analysis
8 Infusion Pump Market, By Product
9 Infusion Pump Market, By Application
10 Infusion Pump Market, By End User
11 Global Infusion Pump Market, By Region
12 Competitive Landscape
13 Company Profiles
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Study estimates the infusion pump market size for 2018 and projects its demand till 2023. Top-down and bottom-up approaches were used to validate the size of this market and estimate the size of other dependent submarkets. Various secondary sources such as directories, industry journals, databases (such as D&B Hoovers, Bloomberg Business, and Factiva), and annual reports of companies have been used to identify and collect information useful for the study of the infusion pumps market.
The report analyzes the infusion pump market by product, application, end user, and region. On the basis of product, the global infusion pumps market is segmented into devices and accessories/consumables. In 2017, the accessories/consumables segment is expected to grow at a highest CAGR during the forecast period. Growth of this segment can be attributed to the increasing use of accessories/consumables during infusion therapy and increasing prevalence of chronic diseases such as diabetes, cancer.
#More Details on “Infusion Pump Market by Product (Volumetric, Insulin, Enteral, Syringe, Ambulatory, Implantable, PCA, Accessories), Application (Oncology, Diabetes, Gastroenterology, Pediatrics, Hematology), End User (Hospital, Home Care, ACS) - Global Forecast to 2023” report at www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=162895 .
Geographically, infusion pumps market is segmented into North America, Europe, Asia Pacific, Latin America, & Middle East & Africa. In 2017, North America commanded a major share of the infusion pumps market. Asia Pacific is expected to witness the highest growth during the forecast period.
Key Target Audience:
• Medical device manufacturers and distributors
• Infusion pump manufacturers and distributors
• Hospitals & ambulatory surgical centers
• Home healthcare agencies
• Distributors and suppliers of infusion pumps
• Medical device research and consulting firms
The report analyzes the various types of infusion pumps in the market and their adoption patterns. It aims at estimating the market size and future growth potential of the infusion pumps market for different segments such as product, application, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and market strategies.
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