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Infusion Pumps Market Outlook to 2025 : Moog, Inc., ICU Medical, Inc.,Insulet Corporation, BD, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche Ltd., Medtronic, Baxter International, Inc., Smith Medical

01-24-2019 06:38 AM CET | Health & Medicine

Press release from: The Insight Partners

Infusion Pumps Market Growth to 2025

Infusion Pumps Market Growth to 2025

This research report is equipped with the information categorizing Global Infusion Pumps Market by parameters such as players, brands, regions, types and application. The report also details the information about the global market status, competition landscape, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.

The Insight Partners: Volumetric pumps are driving the market for infusion pumps over the forecast period, in the type segment

'Infusion Pumps Market - Global Analysis and Forecasts By Type, Application and End User, 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 report highlights the trends prevalent in the global infusion pumps market and the factors driving the market along with those that act as deterrents to its growth.

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Infusion pump is a device used to deliver liquids into a patient's body in a regulated manner, the pump enables to deliver fluid in large and small amounts. The pump is used to deliver both nutrients and medication in the patient's body. Infusion pumps are regularly used to administer critical fluids, including high-risk medications, pump failures can have significant implications for patient safety.

The market for infusion pumps is expected to grow significantly due to factors such as, increasing incidence of chronic diseases, increasing number of surgical procedures performed and growing geriatric population. In addition, rising medical tourism in developing countries is anticipated to have a positive impact on the growth of the infusion pumps market in the coming years.

Some of the prominent players operating in infusion pumps market are BD, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche Ltd., Medtronic, Baxter International, Inc., Smith Medical, Moog, Inc., ICU Medical, Inc., and Insulet Corporation. The market players are focused towards introducing new and innovative products in the market to sustain their position in the market.
For instance, in December, 2018, Terumo Corporation announced that a biosimilar was launched in Europe. The biosimilar is used by company's PLAJEX pre-fillable syringe. The hulio (biosimilar) is manufactured by the company. These product innovations and launches are expected to propel the growth of the infusion pumps market during the forecast period.

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The report segments the global infusion pumps market as follows:
Global Infusion Pumps Market - By Type
Ambulatory Pumps
Enteral Pumps

Patient-Controlled Analgesia (PCA) Pumps
Insulin Pumps
Volumetric Pumps
Smart Pumps
Elastomeric Pumps
Syringe Pumps
Accessories

Global Infusion Pumps Market - By Application
Diabetes
Chemotherapy
Gastrointestinal Diseases
Pediatrics

Global Infusion Pumps Market - By End User
Hospitals & Clinics
Ambulatory Surgical Centers
Homecare

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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