Press release
Infusion Pumps Market Outlook to 2025 - Medtronic, Baxter International, Terumo Corporation,Smith Medical,BD, B. Braun Melsungen, F. Hoffmann-La Roche, Moog,ICU Medical and Insulet Corporation
According to a new market research study titled '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.Volumetric pumps are driving the market for infusion pumps over the forecast period, in the type segment
Key factors driving the growth of infusion pumps market are, increasing incidence of chronic diseases, increasing number of surgical procedures performed and growing geriatric population. The report would be of an interest to various stakeholders operating in the infusion pumps market. These stakeholders include healthcare institutes, research institutes, infusion pumps product manufacturers and vendors, research consulting firms, infusion pumps providers, distributors and others.
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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.
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.
Global infusion pumps market, based on the type was segmented as, ambulatory pumps, volumetric pumps, syringe pumps, and accessories. In 2017, the volumetric pumps segment held the largest share of the market, by type. The segment is also expected to witness growth at a significant rate during the forecast period, due to its benefits of administering large volume of dosage of medications or drugs to the patients.
The objective of the study is to describe, define, and forecast the infusion pumps market by type, application, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall infusion pumps market.
The report analyzes factors affecting market from both demand and supply side and further evaluates infusion pumps market dynamics effecting the infusion pumps market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.
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Reason to Buy:-
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the infusion pumps market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global infusion pumps market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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