Press release
Universal Infusion System Market 2018 | Segments, Key Driver, Strategies and Historical Analysis | Forecasts till 2025
Globally the market for infusion system is expected to grow at the rate of about 4.9% from 2017 to 2025.You can get easy access to sample report here, please click: https://www.marketresearchfuture.com/sample_request/1210 .
The report titled “Infusion System Market -Forecast to 2025″ is a direct appreciation by Market Research Future of the market potential of the Infusion System Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today’s winner takes all market!
Market Synopsis of Infusion System market:
The Global market for infusion system is growing at a steady pace. The various factors that influence the growth of the market are increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements from the leading market players. Furthermore the factors such as patient safety concerns and improper infusion leading to the severe consequences, unmet medical needs in the low income countries are hampering the growth of the market.
Key Players for Infusion System Market:
Some of the key players in this market are: 3M, B. BRAUN MELSUNGEN AG, Baxter, Becton, Dickinson and Company, Fresenius Kabi AG, ICU Medical, Inc, Smiths Medical, and Terumo Medical Corporation.
Key Finding:
The infusion system global market is expected to reach $44.33 billion by 2025.
IV disposable holds the largest share of 66.7% of the market.
North America holds the largest market share of Infusion System market and is anticipated to reach $15.79 billion by the end of forecast period.
Globally, Asia-Pacific is the fastest growing region and expected to grow at the rate of 5.3% during the forecast period.
Intended Audience:
Infusion System manufacturers and suppliers
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Government Research Laboratories
Independent Research Laboratories
Government and Independent Regulatory Authorities
Market Research and Consulting Service Providers
Academic Institutes and Universities
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Segments:
Infusion System market has been segmented on the basis of product type which comprises of IV disposable, Infusion pump, and others. IV disposable accounted for the largest market share of the total market in 2016. On the basis of application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016. On the basis of end user, market is segmented into hospitals, specialty oncology wards, homecare, and others. Hospitals dominated the global market with the largest market share in 2016.
Regional Analysis of Infusion System Market:
Globally, North America is the largest market for Infusion System and is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. Europe accounts for the second largest market, where as Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment. This rapid growth is majorly due to recent developments in healthcare and improving economies and disposable income per individual. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better infusion treatment in the countries.
The report for Infusion System market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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Report Overview
The global intravenous infusion pump market was valued at $4,154.30 million in 2020, and is estimated to reach $8,147.20 million by 2030, growing at a CAGR of 7.10% from 2023 to 2032. An intravenous infusion pump is a medical tool used to administer drugs or nutrients directly into a patient's bloodstream. These are frequently seen in medical facilities since they are frequently utilised to transport drugs in precise quantities.
The…