Press release
Implantable Infusion Pumps Global Market Expected to Grow $23.12 Billion at a CAGR of 4.8% By 2027 | Medtronic, Nevro Corporation, Cyberonics, Fresenius Kabi AG, Smiths Medical
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Implantable Infusion Pumps Global Market Report 2023 identifies the increased prevalence of people with chronic pain, cancer, and diabetes is expected to drive the demand for implantable infusion pumps, as these pumps are commonly used to deliver pharmaceutical drugs during the treatment of these diseases.
The global implantable infusion pumps market grew from $18.26 billion in 2022 to $19.14 billion in 2023 at a compound annual growth rate (CAGR) of 4.8% . 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 implantable infusion pumps market is expected to grow from $23.12 billion in 2027 at a CAGR of 4.8%.
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Major players in the implantable infusion pumps market are Medtronic, Boston Scientific Corporation, Nevro Corporation, Cyberonics, Baxter, B=. Braun Melsungen AG, Fresenius Kabi AG, Smiths Medical, Terumo Corporation, and Neuropace .
The safety concern regarding implantable infusion pumps is a key factor hampering the growth of the implantable infusion pumps market. The magnetic resonance (MR) system can be useful in the diagnosis of a wide range of conditions and diseases, but the MRI setting poses a risk factor for patients with implantable infusion pumps.
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The Implantable Infusion Pumps Market Is Segmented -
• By Type: Patient-Controlled Analgesia (PCA) Pumps, Enteral Pumps, Insulin Pumps, Elastomeric Pumps, Syringe Pumps, Other Types
• By Applications: Oncology, Pediatrics/Neonatology, Gastroenterology, Hematology, Diabetes, Other Applications
• By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Implantable Infusion Pumps market.
The Business Research Company's "Global Implantable Infusion Pumps Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Implantable Infusion Pumps Market Include:
1. Executive Summary
2. Implantable Infusion Pumps Market Characteristics
3. Implantable Infusion Pumps Market Trends And Strategies
4. Implantable Infusion Pumps Market - Macro Economic Scenario
5. Implantable Infusion Pumps Market Size And Growth
.....
26. Africa Implantable Infusion Pumps Market
27. Implantable Infusion Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Implantable Infusion Pumps Market
29. Implantable Infusion Pumps Market Future Outlook and Potential Analysis
30. Appendix
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