Press release
Intravenous Infusion Pump Market Report 2020-2030 | COVID 19 Growth and Change | B. Braun Melsungen AG, Baxter International, Medtronic, Fresenius Kabi, Smiths Medical Inc.
The Business Research Company offers "Intravenous Infusion Pump Global Market Report 2020-30: COVID 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global intravenous infusion pumps market is expected to grow from $1.87 billion in 2019 to $2.27 billion in 2020 at a compound annual growth rate (CAGR) of 21.43%. The growth is mainly due to the COVID-19 outbreak that has increased the demand for intravenous infusion pumps to treat the affected patients. The market is then expected to stabilize and reach $2.36 billion in 2023 from 2021 at a CAGR of 1.28%.
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The intravenous infusion pumps market consists of sales of intravenous infusion pumps and related services by entities (organizations, sole traders and partnerships) that manufacture intravenous infusion pumps. An intravenous infusion pump is a medical device that provides regulated quantities of fluids, such as nutrients and medicines, into the body of the patient.
The rise in the prevalence of people with chronic pain, cancer and diabetes is a significant driver of the demand for intravenous infusion pumps, as these pumps are commonly used to deliver pharmaceutical drugs during the treatment of these diseases. Chronic illnesses and disorders are on the rise around the world, which can be attributed to an aging population and shifts in social behaviour that leads to a gradual increase of these widespread and expensive long-term medical issues. Infusion pumps are used to transfer regulated doses of nutrients or drugs into a patient`s body, such as chemotherapy medicines, pain relievers, antibiotics, insulin or other hormones. The prevalence of chronic diseases is expected to increase by 57% by 2020, according to the World Health Organization.
Intravenous Infusion Pump Market Segmentation: -
By Product
Volumetric
Syringe
Enteral
Ambulatory
IV Disposables
Others
By End-User
Hospitals
Ambulatory Surgical Centers
Cancer Treatment Centers
Specialty clinics
Others
By Application
Chemotherapy
Diabetes
Gastroenterology
Analgesia/Pain Management
Pediatrics/Neonatology
Hematology
Others
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Few Points From Table Of Content
1. Executive Summary
2. Intravenous Infusion Pump Market Characteristics
3. Intravenous Infusion Pump Market Size And Growth
4. Intravenous Infusion Pump Market Segmentation
5. Intravenous Infusion Pump Market Regional And Country Analysis
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.
.
25. Intravenous Infusion Pump Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Intravenous Infusion Pump Market
27. Intravenous Infusion Pump Market Trends And Strategies
28. Intravenous Infusion Pump Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Intravenous Infusion Pump Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Intravenous Infusion Pump Market are B. Braun Melsungen AG, Baxter International, Medtronic, Fresenius Kabi, Smiths Medical Inc., Becton Dickinson and Company, Terumo Corporation, F. Hoffmann-La Roche Ltd.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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Report Overview
The global intravenous infusion pump market was valued at $4,154.30 million in 2020, and is estimated to reach $8,147.20 million by 2030, growing at a CAGR of 7.10% from 2023 to 2032. An intravenous infusion pump is a medical tool used to administer drugs or nutrients directly into a patient's bloodstream. These are frequently seen in medical facilities since they are frequently utilised to transport drugs in precise quantities.
The…