Next Generation Infusion Pump Market Globally Expected to Drive Growth through 2027
Next Generation Infusion Pump Market: Drivers and Restraints
Insulin infusion pumps are dominating the Next Generation Infusion Pump market, however worldwide booming prevalence of diabetes is a key driver for Next Generation Infusion Pump market. Increased R & D initiatives on IV drug administration for malnutrition, cancers, diabetes, AIDS, neurological disorders, gastrointestinal disorders coupled with technological innovation, is anticipated to generate lucrative growth in Next Generation Infusion Pump market. The regular infusion pump market has observed massive bad press in last few years, for diverse risk and concerns over infusion errors, this restraint however, has opened multiple opportunities for Next Generation Infusion Pump manufacturers. Furthermore, lack of sufficient healthcare infrastructure in developing markets is anticipated to impact negatively on Next Generation Infusion Pump market.
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Next Generation Infusion Pump Market: Segmentation
Next Generation Infusion Pump market has been segmented on the basis of application, end user, and region
Based on Application, the Next Generation Infusion Pump market is segmented into the following:
Based on end user, the Next Generation Infusion Pump market is segmented into the following:
Ambulatory Surgical Centers (ASCs)
Next Generation Infusion Pump Market: Overview
Next Generation Infusion Pump market is emerging owing to promising discovery of new innovative pumps. Key players in market are focusing on new technologies such as smartphone connected insulin pumps, wearable insulin pumps and implantable insulin pumps, also focusing on accessing secure and immediate access to patient specific infusion pump management information from any mobile device or computer, regardless of Electronic Medical Record integration. Such R&D improvements are making a groundbreaking infusion management platform, indicating transformation in Next generation Infusion Pump Market.
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Next Generation Infusion Pump Market: Region-wise Outlook
Geographically, next generation infusion pump market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa.North America and Europe regions are anticipated to contribute maximum market revenue share in Next generation infusion pump marketover the forecast period due to availability of advanced healthcare infrastructure and presence of key players in the regions which are expected to surge the demand fornext generation infusion pumpsduring the forecast period in the above mentioned region. Asia Pacific region as well, is anticipated to witness crucial growth due to growing healthcare infrastructure in the region.Increasing number of mid-sized hospitals are identified to be a major driver to the APEJ market growth.
Next Generation Infusion Pump Market: Key Players
The players leading in next generation infusion pump market include Ivenix, Inc, Zyno medical, B. Braun Melsungen AG, Baxter International, Inc.,F. Hoffmann-la Roche Ltd.,Johnson & Johnson (U.S.),Pfizer (Hospira) Inc., Smiths Medical to name a few.
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