Press release
Global Infusion Syringe Pump Sales Market Expected to Grow at a 6.5% CAGR between 2022-2030, Driven by Increased Chronic Diseases, Aging Population and Technological Advances
The Global Infusion Pump Market is projected to witness substantial growth at a Compound Annual Growth Rate (CAGR) of 6.5% from 2022 to 2030, according to a newly published report by Dataintelo. The report attributes this anticipated market growth to factors such as the increasing prevalence of chronic diseases, the rising geriatric population, and technological advancements in infusion pumps.The syringe segment, due to its cost-effectiveness and easy availability, is expected to dominate this expanding market within the forecast period. The growing number of patients requiring syringe infusion pumps for treatment further asserts the segment's dominance.
In terms of applications across various sectors, hospitals are anticipated to contribute the largest share in the Infusion Syringe Pump Sales Market from 2022 through 2030. The report foresees this due to an upswing in the number of hospital admissions worldwide and a growing demand for home care infusion pumps.
The increasing reliance on infusion pumps for administering drugs and other fluids to patients in regulated amounts is believed to be a key driver for this growth. These devices are particularly essential for patients suffering from illnesses where oral medication is not plausible.
Another factor contributing to the global market expansion is the technological advancements in infusion pumps. The advent of smart pumps, which reduce errors in administration, and wireless pumps, contributing to patient mobility, are expected to further propel the market.
The report also examines the infusion pump market's regional outlook. It provides insights into the growth opportunities and challenges that manufacturers in this field may face in the coming years. Featuring a comprehensive view of the market trends, the report seeks to provide invaluable intelligence for decision-makers, stakeholders, and investors in the Infusion Syringe Pump Sales Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/265169
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The infusion syringe pump sales market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Syringe
โ Enteral
โ Implantable
โ Insulin
โ Epidural
โ PCA
โ Patient-Controlled Analgesia
โ Other
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Hospitals
โ Home Care
โ Ambulatory Surgery Centers
โ Clinics
โ Nursing Homes
โ Others
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โ Electronic
โ Mechanical
๐๐ง๐-๐๐ฌ๐๐ซ
โ Pediatric
โ Adult
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ B. Braun Melsungen AG
โ Chemyx Inc
โ Becton
โ Dickinson and Company (BD)
โ Angel Electronic Equipment Co
โ Braintree Scientific
โ Inc
โ Baxter International Inc.
โ Smiths Medical (A Division of Smiths Group PLC)
โ Terumo Corporation
โ KD Scientific
โ Pfizer Inc.
โ Fresenius SE & CO. KGaA
โ Medtronic plc
โ Moog
โ Inc.
โ Johnson & Johnson
Segment Analysis:
The infusion syringe pump sales market is broadly segmented based on the type of pump, application, technology, end-user, and region. The type of pump includes Syringe, Enteral, Implantable, Insulin, Epidural, PCA (Patient-Controlled Analgesia), among others. These pumps are used across various sectors such as hospitals, home care, ambulatory surgery centers, clinics, nursing homes, etc., offering a wide realm of opportunities for market growth. Depending upon the technology used, the infusion syringe pumps can be either electronic or mechanical. The end-users of these pumps usually include pediatric and adult patients. The varying requirements of these segments play a significant role in the strategies adopted by key players in the market like B. Braun Melsungen AG, Chemyx Inc, Becton Dickinson and Company (BD), Angel Electronic Equipment Co, Braintree Scientific, Baxter International Inc., Smiths Medical, Terumo Corporation, KD Scientific, Pfizer Inc., Fresenius SE & CO. KGaA, Medtronic plc, Moog Inc., and Johnson & Johnson.
Regional Analysis:
The infusion syringe pump sales market is spread across Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Each of these regions has different growth patterns owing to varied demographics, economic conditions, healthcare facilities, and medical policies. North America dominates the market due to advanced healthcare infrastructure and a high prevalence of chronic diseases. Europe follows, with its increasing investment in healthcare and growing awareness about patient safety. The Asia-Pacific region is experiencing rapid growth due to increasing healthcare expenditure, growing incidences of chronic diseases, and the rising middle-class population. In Latin America and the Middle East & Africa, growth is primarily driven by improving healthcare infrastructure and the rising prevalence of lifestyle-related diseases
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/265169
Market Drivers for Infusion Syringe Pump Sales Market:
1. Increased Geriatric Population: The growing older population worldwide is driving the demand for infusion syringe pumps as they often require consistent medication delivery for chronic diseases.
2. Rising prevalence of chronic diseases: The occurrence of various chronic diseases like cancer, diabetes, etc., is escalating, which requires long-term continuous medication. This influences the sales of infusion syringe pumps.
3. Advancements in technology: Continuous improvements and developments in the infusion pump technology like the wireless infusion pumps are acting as a market driver for the sales.
4. Surge in homecare settings: There is an increasing demand for medical care at home as it is more convenient and cost-effective for patients. This is further driving the infusion syringe pump market.
5. Increasing surgical procedures: High dependency on syringe infusion pump systems during surgical procedures, post-operative pain management, and critical care is driving the market growth.
Opportunities for Infusion Syringe Pump Sales Market:
1. Development of smart infusion pumps: The development of smart infusion pumps with advanced features, for example, wireless connectivity, prevention of medication errors, enhances patient safety and this can provide a significant opportunity for manufacturers.
2. Emerging markets: Countries like India, Brazil, and China are significant emerging markets due to growing economies, increasing healthcare expenditure, and rising awareness about advanced medical technologies, which can provide profitable opportunities for infusion pump manufacturers.
3. Home Infusion Therapy: The trend of home-based health care is growing, providing significant growth opportunities for the infusion syringe pumps market.
4. Personalized Medication Programs: As precision medicine and tailored treatment plans become more popular, the demand for infusion syringe pumps, which can offer detailed control over dosage amounts and timings, will likely increase.
5. Increasing investment in healthcare infrastructure: The surge in investment for healthcare infrastructure in developing economies presents a vast opportunity for infusion syringe pump sales
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/265169
This report should be bought by business owners, managers, consultants, analysts, and professionals who are involved in making strategic decisions for the company. It's also beneficial for investors and stakeholders who want to understand the market trends, competitive landscape, and growth opportunities in their respective industry.
Good things about Dataintelo:
1. Comprehensive Data: Dataintelo provides detailed and comprehensive market research reports, offering in-depth data on various industries and markets.
2. Global Market Insights: Their research covers a wide range of geographies, providing global market insights and trends.
3. Expert Analysis: All the reports are backed by rigorous research and are presented with expert analysis for the better understanding of the data.
4. Customizable: One of the striking features of Dataintelo is that they also provide customized reports according to the specific needs and requirements of the clients.
5. Accuracy: Their reports are reliable and accurate, which help businesses in making informed and strategic decisions.
6. Up-to-date Information: They work diligently to keep their research reports updated with the latest market trends, ensuring that their clients stay ahead in the competitive market
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๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
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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.
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