Global infusion pumps market, based on end user was segmented as, hospitals & clinics, homecare and ambulatory surgical centres. In 2017, hospitals & clinics held the largest share of market, by end user. In addition, the hospitals & clinics segment is also anticipated to witness a significant growth, during the forecast period. —
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The global infusion pumps market is expected to reach US$ 18,045.6 Mn in 2025 from US$ 11,378.8 Mn in 2017. The market is estimated to grow with a CAGR of 6.2% from 2018-2025.
The plastic surgical procedures like liposuction, abdominoplasty, and mammoplasty, require short hospital stay, patients are discharged for ambulatory recovery on oral analgesic management. However, anesthetists have started using infusion pumps to achieve adequate outpatient analgesic control. These pumps continuously administer and maintain constant plasma concentrations. According to the American Society of Plastic Surgeons in 2017, there were around 17.5 million surgical and minimally invasive plastic procedures performed in the United States.
The growth of the infusion pumps market is primarily attributed to increasing incidence of chronic diseases. Moreover, the increasing number of surgical procedures performed is expected to fuel the market growth. Infusion pumps are used during surgeries to send pain medicine through catheter to a specific part of your body. Infusion pumps can provide targeted and consistent medicine to decrease the pain. They are used when other methods are less effective or when the patient need long-term medicines or fluids.
Also, according to the Centers for Disease Control and Prevention (CDC) every year about 735,000 people in suffer from a heart attack. Furthermore, the Johns Hopkins University has estimated that approximately 84 million people in the US suffer from some form of the cardiovascular disease. This has led to increase in cardiovascular surgeries.
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Global infusion pumps market, based on application was segmented as, diabetes, chemotherapy, gastrointestinal diseases, and pediatrics. In 2017, chemotherapy held the largest share of market, by application. In addition, the diabetes segment is anticipated to witness a significant growth among other applications, during the forecast period.
Some of the major primary and secondary sources for infusion pumps included in the report are World Health Organization (WHO), Organisation for Economic Co-operation (OECD), National Research Foundation (NRF), International Diabetes Federation (IDF), Canadian Institutes of Health Research (CIHR) and others.
Table of content:
1. INTRODUCTION 26
1.1 SCOPE OF THE STUDY 26
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 26
2. GLOBAL INFUSION PUMPS MARKET – KEY TAKEAWAYS 27
3. GLOBAL INFUSION PUMPS MARKET – MARKET LANDSCAPE 30
3.1 OVERVIEW 30
3.2 MARKET SEGMENTATION 30
3.2.1 Global Infusion Pumps Market – By Type 31
3.2.2 Global Infusion Pumps Market – By Application 31
3.2.3 Global Infusion Pumps Market – By End User 32
3.2.4 Global Infusion Pumps Market – By Geography 32
3.3 PEST ANALYSIS 33
3.3.1 North America – PEST Analysis 33
3.3.2 Europe– PEST Analysis 35
3.3.3 Asia Pacific– PEST Analysis 37
3.3.4 Middle East and Africa (MEA) – PEST Analysis 39
3.3.5 South and Central America – PEST Analysis 41
4. GLOBAL INFUSION PUMPS MARKET – KEY MARKET DYNAMICS 43
4.1 KEY MARKET DRIVERS 43
4.1.1 Increasing Incidence of Chronic Diseases 43
4.1.2 Increasing Number of Surgical Procedures Performed 43
4.1.3 Growing Geriatric Population 44
4.2 KEY MARKET RESTRAINTS 44
4.2.1 Frequent Product Recalls of Infusion Pumps 44
4.2.2 Stringent Regulatory Requirements 45
4.3 KEY MARKET OPPORTUNITIES 45
4.3.1 Rising Medical Tourism In Developing Countries 45
4.4 FUTURE TRENDS 46
4.4.1 Growing Product Innovations 46
4.5 IMPACT ANALYSIS 47
5. INFUSION PUMPS MARKET – GLOBAL ANALYSIS 48
5.1 GLOBAL INFUSION PUMPS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN) 48
5.2 GLOBAL INFUSION PUMPS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 49
5.3 MARKET POSITIONING 50
5.4 PERFORMANCE OF KEY PLAYERS 50
5.4.1 BD 50
5.4.2 Baxter International, Inc 51
5.4.3 ICU Medical Inc., 51
5.5 EXPERT OPINIONS 51
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Global Elastomeric Infusion Pumps Market Growth 2019-2024
According to this study, over the next five years the Elastomeric Infusion Pumps market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 636.1 million by 2024, from US$ 507.3 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Elastomeric Infusion Pumps business, shared in Chapter 3.
Related Report: https://www.marketwatch.com/press-release/veterinary-surgical-instruments-market-share-2019-to-2025-status-and-trend-by-leading-companies-regional-outlook-2019-11-22
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