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Global Intravenous Infusion Pumps Market Industry Analysis Size, Share, Trends, Current Demand, and Business Opportunities

10-26-2020 06:38 AM CET | Health & Medicine

Press release from: Transparency Market Research

Infusion pumps are medical devices utilized by physicians and patients to deliver medications, fluids, and nutrition into the patient’s body in a controlled manner. These pumps are installed with software that are programmed to deliver fixed doses of medication at required regular intervals of time.

Currently, various forms of intravenous infusion pumps are available in the market that include insulin infusion pumps, enteral feeding infusion pumps, patient-controlled analgesia (PCA) infusion pumps, and syringe infusion pumps

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Global Intravenous Infusion Pumps Market Witness Most Promising Rise in Demand:

Rise in prevalence of people suffering from chronic pain, cancer, and diabetes is a major driver of the intravenous infusion pumps market as these pumps are extensively used to administer drugs during treatment of these diseases

According to the WHO report 2015, cancer is the second leading cause of death globally and was responsible for 8.8 million deaths in 2015

Diabetes a major disease category which utilizes infusion systems for precise and effective drug delivery. According to the WHO data 2015, around 1.6 million deaths were directly caused by diabetes. It is projected that diabetes would be the seventh leading cause of death by 2030.

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The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that currently have an impact and influence the Intravenous Infusion Pumps market in the near future. Attractiveness analysis has been provided in the market overview section to explain the intensity of competition in the market across different geographies. The competitive scenario among different market players is evaluated through market share analysis in the competitive landscape section of the report. All these factors are likely to help market players take strategic decisions to strengthen their positions and increase shares in the global Intravenous Infusion Pumps market.

Key Players of Intravenous Infusion Pumps Market Report:

The global intravenous infusion pumps market was highly fragmented in 2018. Key players operating in the global intravenous infusion pumps market are:Hoffmann-La Roche Ltd. Fresenius SE & Co. KGaA B. Braun Holding GmbH & Co. KG, Becton, Dickinson and Company, Baxter International, Inc., Terumo Corporation, Medtronic, Smith Medical, ICU MEDICAL, INC., Tandem Diabetes Care, Inc.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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