openPR Logo
Press release

Patient-Controlled Analgesia Pumps Market projected to grow at a high 5.2 % CAGR during the forecast period.

07-25-2018 07:50 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Patient-Controlled Analgesia Pumps Market projected to grow

PCA or patient-controlled analgesia pumps is a way with which analgesic can be self-administered by the patient as and when needed. Patient-controlled analgesia pumps are not used to treat long term pains. PCA is used in various applications such as oncology or chemo therapy, pediatrics, gastroenterology, hematology and diabetes. There are several benefits of using PCA. It allows complete control on the pain treatment. It also assists in preventing the formation of blood clots and promotes healing at a faster rate. However, there are certain disadvantages, the main aspect being an occurrence of an over dost or an under dose that can take place in case of improper settings and programming of the device. Government initiatives to boost home medication, rising awareness about patient-controlled analgesia pumps, and affordable costs are few of the aspects contributing to the expansion of patient-controlled analgesia pumps market at a global level.

Request for sample Report:https://www.futuremarketinsights.com/reports/sample/rep-gb-5710

The global patient-controlled analgesia pumps market is projected to grow at a high CAGR during the period of forecast and is estimated to reflect a valuation of above US$ 500 Mn by the end of the year of forecast.

Global Patient-Controlled Analgesia Pumps Market: Dynamics

The growth of the global patient-controlled analgesia pumps market is influenced by aspects such as various advantages of PCA system over conventional continuous infusion systems, increasing standardization for reducing costs in hospitals, development of quality indicators for patient-controlled analgesia pumps, modernization with a view to reduce errors, increasing adoption of PCA owing to increasing prevalence of cancer, pain and diabetes, rising forward integration and increasing demand for PCA in rental and homecare services. These factors have contributed to the growth of the global market. On the contrary, lack of skilled manpower and lack of standard usage guidelines and vast product recalls are hampering the growth of the global patient-controlled analgesia pumps market. Various trends have been observed, to name a few, rapid med-tech progress, shifting production base to emerging economies, user-friendly advanced equipment and fragmented market. Opportunities such as increasing production base for smart pumps with bigger drug libraries and expanding production base for PCA, ambulatory and other pumps have been boosting the growth of the global market.

Segmental Highlights

The global patient-controlled analgesia pumps market has been segmented by product type, by end user, by application and by region.

By product type, the PCA pumps segment is estimated to be the largest segment in terms of market value and likely to lead the global market. it is also projected to grow at a higher pace thus reflecting high potential for growth of global market in the coming years

By region, Asia Pacific excluding Japan (APEJ) region is projected to be the fastest growing with a high 9.6% CAGR during the forecast period. North America is the largest from a market share perspective

By end user, hospitals segment is the most lucrative. This segment dominated the global market in 2017 and is expected to lead the market by 2026 end with a valuation of more than US$ 200 Mn

By application, diabetes segment is the fastest growing segment with a high CAGR of 6.0% throughout the period of forecast

The research report has also profiled various leading players in the global patient-controlled analgesia pumps market. Companies like Becton Dickinson and Company, Baxter International, B.Braun Melsungen AG, Terumo Corporation, Ace Medical Co. Ltd., Micrel Medical Devices, Hospira (Pfizer Inc.), Fresenius Kabi Group and Smiths Group plc., have been profiled in this research report.

Visit For Table of Contents: https://www.futuremarketinsights.com/askus/rep-gb-5710

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.

CONTACT:
FUTURE MARKET INSIGHTS
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Patient-Controlled Analgesia Pumps Market projected to grow at a high 5.2 % CAGR during the forecast period. here

News-ID: 1144132 • Views: 150

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for PCA

Patient-Controlled Analgesia (PCA) Pump Market Report 2018: Segmentation by Prod …
Global Patient-Controlled Analgesia (PCA) Pump market research report provides company profile for Terumo Corporation, B.Braun Melsungen AG, Baxter International, Becton Dickinson, Smiths Group plc, Fresenius Kabi Group, Hospira (Pfizer Inc.), Micrel Medical Devices, Ace Medical Co. Ltd and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,
Global Sodium PCA Future Market 2018-2023 Future Analysis, Solabia, Ajinomoto, S …
The research report “Sodium PCA Market Report 2018-2023” offers comprehensive knowledge on the Sodium PCA market. It analyses the important factors of the Sodium PCA based on present industry situations, Sodium PCA demands, business strategies utilized by Sodium PCA players and the future prospects from various angles in detail. Industry analysis is a market assessment tool used by business and analysts to understand the complexity of an industry. Optical Pulse
Global Sodium PCA Market Size, CAGR of 4.4%, Opportunities, Share and Future For …
In recent years, the demand for specialty Chemicals like Sodium PCA has seen significant rise owing to its high resourcefulness. To take advantage of this sector a new study has been added to the vast collection of KD Market Insights (KDMI) titled as “Global Sodium PCA Market Outlook 2017-2022. The study helps companies by focusing on the present and the growth prospects via the trends, segmentation and market dynamics for
Global Patient-Controlled Analgesia (PCA) Pump Market By Product Type - Electron …
Researchmoz added Most up-to-date research on "Global Patient-Controlled Analgesia (PCA) Pump Market By Product Type - Electronic PCA Pump and Mechanical PCA Pump" to its huge collection of research reports. In this report, the global Patient-Controlled Analgesia (PCA) Pump market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically,
Global Patient-Controlled Analgesia (PCA) Pump Sales Market Report 2017
The market for medical equipments industry is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Patient-Controlled Analgesia (PCA) Pump Sales Market Report 2017”which offer details about the current trends as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated
Global Patient Controlled Analgesia (PCA) Pumps Market Research Report Forecast …
Report Hive Market Research Released a New Research Report of 104 pages on Title " Global Patient Controlled Analgesia (PCA) Pumps Market Research Report Forecast 2017 to 2021 "with detailed Analysis, Forecast and Strategies. The Global Patient Controlled Analgesia (PCA) Pumps Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Patient Controlled Analgesia (PCA) Pumps industry overview with growth analysis and historical