Impact of Covid-19 on Infusion Pump Market Insights 2020 –Overview, Competitive Players & Forecast 2027 | Becton, Dickinson and Company, B. Braun Melsungen AG, Baxter International Inc.

The global Infusion Pump Market is forecast to reach USD 20.21 Billion by 2027, according to a new report by Reports and Data. The infusion pump market size is expected to grow because of the growing demand in the medical sector. The rising number of chronic diseases, including diabetes, gastroenterological disorders, and cancer across the world, is expected to drive the market growth. This equipment is used to transfer liquid into a patient's body with accurate and fixed amounts. They are extensively used in hospitals and nursing homes to help the patient in a critical condition. Moreover, the high demand for infusion systems from the defense sector is anticipated to drive market growth.

This is the latest report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus attack on the world economy has impacted all, and thus its impacts are elucidated in-depth in the report for the Infusion Pump market.

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The growing use of advanced technology to improve performance characteristics, such as thermal conductivity and compressive resistance, would drive demand. The growth of bio-based substitutions is also expected to generate new opportunities for industrial development.

Companies considered and profiled in this market study:

Becton, Dickinson and Company, B. Braun Melsungen AG, Baxter International Inc., Fresenius Kabi, ICU Medical, Inc., Smiths Medical, Medtronic Plc, Moog Inc., Terumo Corporation, and Avanos Medical, Inc. among others.

For the purpose of the study, this Reports and Data have segmented the Global Infusion Pump market on the basis of application, end user and the regional outlook:

Product Outlook (Revenue, USD Million; 2017-2027)

Accessories & Consumables
Devices

Application Outlook (Revenue, USD Million; 2017-2027)

Chemotherapy/Oncology
Diabetes
Gastroenterology
Analgesia/Pain management
Hematology
Others

End-User Outlook (Revenue, USD Million; 2017-2027)

Hospitals
Home Care Settings
Ambulatory Care Settings
Academic & Research Institutes

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Market Segment by Regions, regional analysis covers:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Understanding the market size:

The size of the Infusion Pump market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Well Testing Services report.

Further key findings from the report suggest:

>The usage of insulin pumps for managing diabetes at home has increased because of the increasing number of diabetic patients, thereby propelling the growth of the insulin pump market.

>The enteral infusion pumps are an advanced infusion pump that is used to reduce dosage errors during the transfer of fluid nutrients and medications to a patient's digestive system.

>Among the application segment of this market, chemotherapy is growing at the highest rate of 7.5% during the forecasted period owing to an increasing number of cancer patients and increased use of infusion pumps for the administration of medications to these patients.

>Hospitals are expected to register a huge growth owing to various factors like the expertise availability, a rise in the number of surgical procedures, and high purchasing power to buy infusion equipment.

>North America is one of the prime contributors to the market growth because of the presence of well-established healthcare sectors in the region, the high adoption rate of specialty infusion pumps for the treatment of chronic diseases, and the rising geriatric population…Continued

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The Infusion Pump Market report addresses the following questions:

>What is the regulatory framework governing the application of Infusion Pump in the food industry?

>What is the estimated growth rate of Infusion Pump for the forecast period from 2020 to 2026?

>Which end-use industry is expected to have the highest demand for Infusion Pump by the year 2026?

>Which manufacturing processes are utilized for the production of Infusion Pump?

>Which are the leading regions for Infusion Pump Market players that are aiming to expand their product portfolio?

To get a detailed Table of Content, Visit here @ https://www.reportsanddata.com/report-detail/global-infusion-pumps-market-research-report-2017

Overall, this report provides a clear view of every vital factor of the market without the need to refer to any other research reports or data sources. Our report will equip you with all the strategically vital facts about the past, present, and future of the market.

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