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Global Intravenous Infusion Pumps Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | B. Braun Melsungen AG, Baxter International, Medtronic, Fresenius Kabi, Smiths Medical Inc., Becton Dickinson and Company
Intravenous Infusion Pump Market
As per the intravenous infusion pumps market report by The Business Research Company, 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 behavior that lead to a gradual increase of these widespread and expensive long-term medical issues.
The global intravenous infusion pumps market grew from $5.32 billion in 2022 to $5.68 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The intravenous infusion pumps market is expected to grow from $7.6 billion in 2027 at a CAGR of 7.5%.
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Major players in the Intravenous Infusion Pumps 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., ICU Medical Inc., and IRadimed Corporation.
The Intravenous Infusion Pumps market is segmented -
1) By Product: Volumetric, Syringe, Enteral, Ambulatory, IV Disposables, Other Products
2) By End-User: Hospitals, Ambulatory Surgical Centers, Cancer Treatment Centers, Specialty Clinics, Other End Users
3) By Application: Chemotherapy, Diabetes, Gastroenterology, Analgesia/Pain Management, Pediatrics/Neonatology, Haematology, Other Applications
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Intravenous infusion pumps are medical devices used for controlled delivery of drugs into the patient's body. The intravenous infusion pumps market covered in this report is segmented by product into the volumetric, syringe, enteral, ambulatory, IV disposables, and others. A syringe is a reciprocating pump used to deliver drugs and consists of a plunger. It is also segmented by application into chemotherapy, diabetes, gastroenterology, analgesia/pain management, pediatrics/neonatology, haematology, others, and by end-user into hospitals, ambulatory surgical centers, cancer treatment centers, specialty clinics, and others.
The Table Of Content For The Intravenous Infusion Pumps Market Include:
1. Executive Summary
2. Intravenous Infusion Pump Market Characteristics
3. Intravenous Infusion Pump Market Trends And Strategies
4. Intravenous Infusion Pump Market - Macro Economic Scenario
5. Intravenous Infusion Pump Market Size And Growth
……
27. Intravenous Infusion Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Intravenous Infusion Pump Market
29. Intravenous Infusion Pump Market Future Outlook and Potential Analysis
30. Appendix
The "Global Intravenous Infusion Pumps Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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