Infusion Pumps Market Trends and Opportunities 2017-2025 : Fresenius SE & Co. KGaA, Becton, Dickinson and Company, Pfizer Inc., Medtronic, Terumo Corporation, and Roche Diagnostics.
An infusion pump is a medical device designed to deliver fluids or drugs into a patient’s body in an administered and controlled manner; fluids may include nutrients or different types of medications such as insulin, hormones, pain relievers, antibiotics, and chemotherapy drugs. The devices can be powered mechanically or electrically and can be used in a variety of clinical settings.
The market has evolved rapidly driven by a steady demand for different types of infusion pumps—stationary and ambulatory infusion pumps—for the management of a wide range of ailments that include cancer, diabetes, gastrointestinal diseases, neurological disorders, and AIDS. Over the past few years, the infusion pumps market has witnessed growing popularity of various specialized types such as enteral feeding pumps, patient-controlled analgesia (PCA) pump, and insulin pumps among patients. Manufacturers of medical devices are constantly making efforts to increase the reliability and safety of infusion pumps and to reduce medication errors delivered by intravenous infusion.
Request Sample Copy of the Report @
Infusion Pumps Market: Trends
The infusion pumps market is primarily driven by the increasing incidence of various chronic diseases, the management of which requires safe and controlled administration of medications and drugs. In addition, the increasing number of surgeries performed in developed and developing regions and a rise in geriatric population are expected to fuel the market. The increasing inclination toward the adoption of alternative therapies for the treatment of cancer, multiple sclerosis, congestive pain, rheumatoid arthritis, and chronic pain has stimulated the demand for infusion pumps. For instance, the adoption of intrathecal drug delivery is emerging as a viable option for the treatment of patients suffering from chronic and intractable pain or severe spasticity.
Coupled with this, constant automation and technological advancements in infusion devices and accessories have led to the availability of smart infusion pumps with ergonomic design, enhanced operation, user-friendly interfaces, and portability, thereby propelling the market.
Infusion Pumps Market: Market Potential
The increased adoption of insulin pumps for the self-management of diabetes across home settings and the adoption of implantable infusion systems for neurological diseases are developments expected to expand the potential of the infusion pumps market.
Flowonix Medical Inc., a pioneer in drug delivery systems company based in New Jersey, and Cerebral Therapeutics, a company based in Colorado, have announced the world’s first clinical trial administering medication directly into the brain of patients suffering from refractory epilepsy. The two companies jointly developed Prometra II Programmable Pump, an implantable infusion pump, to be used with an intrathecal catheter for the affected patients in the Australian Direct Drug Administration for Refractory Epilepsy (ADDRESS) clinical trial conducted at St. Vincent's Hospital, Australia. The wide ranging clinical study will enable the companies to assess the efficacy of micro-infusion therapy featuring the intracerebroventricular (ICV) delivery of the drug—valproate sodium—among patients with intractable epilepsy.
Request TOC of the Report @
The study, believes the participants will have profound ramifications in the potential of implantable infusion therapies for the treatment of drug-resistant uncontrollable epilepsy and is expected to benefit the healthcare community at large. Although the Prometra II Pump is not yet approved for the ICV administration of valproate in the U.S. and Australia, the clinical study opens up promising options.
Infusion Pumps Market: Regional Outlook
Among major regions, North America is a prominent market for infusion pumps and is expected to exhibit impressive growth along the forecast period. The significant growth in the regional market is attributable to the rising penetration of high-end pumps, soaring adoption of ambulatory pumps for managing chronic diseases, and the presence of a robust healthcare infrastructure. In addition, the increased integration of infusion therapy in healthcare IT infrastructure has propelled the regional market.
The Asia Pacific market is anticipated to witness substantial growth along the forecast period. A rapid rise in geriatric population, increasing accessibility of healthcare facilities, advances in health insurance sector, and a rise in chronic diseases are the factors fuelling the regional market.
Infusion Pumps Market: Competitive Analysis
Several companies are offering technologically advanced infusion therapies, including implantable, wearable, and automated infusion pumps, to help the management of a wide range of chronic diseases. Major players operating in the infusion pumps market include B. Braun Melsungen AG, Fresenius SE & Co. KGaA, Becton, Dickinson and Company, Pfizer Inc., Medtronic, Terumo Corporation, and Roche Diagnostics
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Infusion Pumps Market Trends and Opportunities 2017-2025 : Fresenius SE & Co. KGaA, Becton, Dickinson and Company, Pfizer Inc., Medtronic, Terumo Corporation, and Roche Diagnostics. here
News-ID: 1715231 • Views: 164
More Releases from TMR Research
Autonomous Material Handling Technologies Market Growth and Restrain Factors Ana …
Increasing acceptance of automation and autonomous technologies across manufacturing and retail sectors has been the key factor responsible for the demand growth in autonomous material handling technologies. A growing trend miniaturization of material handling equipment across industries and critically reducing time for the final throughput are further pushing adoption prospects of autonomous material handling technologies. Technical glitches and expensive capital spending may remain the longstanding challenge widespread adoption of autonomous
Indoor Positioning & RTLS Market Future Growth Analysis by 2028
Global Indoor Positioning & RTLS Market: Snapshot Today beacon enabled smartphone apps are used for positioning the assets within a facility. However, these apps are limited to inherent and precision latency. In order to resolve these issues, various players of indoor positioning & RTLS market are integrating new technologies into their proximity solutions. These solutions provide precise and fast location detection and made it easy for businesses to expand their customer
Cloud DVR Market Key Players, Latest Trends, Future Strategies And Growth Foreca …
Cloud DVR Market: Snapshot A DVR or a digital video recorder is an electronic device that has a digital storage. These devices can digitally record videos and store it. Cloud DVRs can help the user to record their favourite television programs and shows and store them through cloud service. Also, cloud DVRs can be accessed from anywhere and any device. Such factors are helping to increase the popularity of the cloud
Mobile First Video Services Market Dynamics, Supply and Demand, Growth by 2028
Global Mobile First Video Services Market: Overview Nowadays, an average consumer watches more video on their mobile phones than any other device. According to a study by Cisco, mobile video will hold more than 75% share of the overall mobile traffic by 2021. Besides, smartphones will hold a share for over 50% in the global smart devices market. With integration of virtual reality (VR) and several other technological advancements on the
More Releases for Pump
Global Electromagnetic Metering Pump Market
Electromagnetic pump series equipped with multi-voltage power source are used in diverse chemical feeding situations. Starting from ultra-compact high resolution basic pumps to pumps equipped with multifunctional digital controllers for water treatment, a wide array of models are available. Several variations, and rich line up of accessories most certainly meet the needs of our customers. The Electromagnetic Metering Pump market was valued at xx Million US$ in 2017 and is projected
Climaveneta Heat Pump for ReStart4Smart
Today, at 10:30 am at the Microsoft House in Milan, the press conference for the launch of “ReStart4Smart“: the project of the prototype home of the future designed by Sapienza University of Rome team will be held. The project will take part in the Solar Decathlon competition, the Olympic games for universities with Sustainable Architecture programs that will be held in 2018, in Dubai. There will be 21 universities from
Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless …
Researchmoz added Most up-to-date research on "Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless Steel Pump & Other Pump" to its huge collection of research reports. Vertical turbine pumps are Vertical Turbine Pump s specially designed to move water from an underground well or reservoir. Theyre also known a deep well turbine pumps or a line shaft turbine pumps. While submersible pumps have an electric motor located
Global Industrial Pump Rental Market 2017: Xylem, Holland Pump, Selwood, Global …
Global Industrial Pump Rental Market 2017-2022 QY Market Research include new Industrial Pump Rental market research report "2016-2022 Report on Global Industrial Pump Rental Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports. This report on the global Industrial Pump Rental market is highly helpful because it covers all the aspects which are important in deciding the future of this industry. The
Global High Pressure Pump Market
High pressure pumps are widely used in automobile, textile, food and chemical industry. Rapid growth in these industries is projected to upsurge the demand of high pressure pumps in the near future. High pressure pumps are designed to withstand pressure greater than the normal pressure. The selection of the pump depends on the available space, type of liquid to be pumped and its volatility and the limit up-to which the
Global Centrifugal Pump & Positive Displacement Pump Market Research Report 2017
Summary This report studies Centrifugal Pump & Positive Displacement Pump in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=761349&ptitle=Global+Centrifugal+Pump+%26%23038%3B+Positive+Displacement+Pump+Market+Research+Report+2017&req=Sample Grundfos Flowserve ITT KSB Sulzer Ebara Schlumberger Weir Group Wilo AG Idex Pentair Clyde Union Vano Atlas Copco DAB FNS Pumps Allweiler Shanghai Kaiquan FengQiu Shandong Sure Boshan LEO CNP Sanlian Pump Hunan Changbeng Shanghai East Pump Shandong Shuanglun NETZSCH PROCON Blackmer Viking Pump Market Segment by Regions, this report splits Global into several key