Press release
Implantable Infusion Pumps Industry is Expected to Reach USD 22,645 Million by 2031 - Codman and Shurtleff, I-Flow Corp/Halyard Health, Flowonix Medical, Tricumed Medizintechnik, Intera Oncology.
Will the Implantable Infusion Pumps market emerge as the sector's next great thing? To discover the answer, look at the Implantable Infusion Pumps market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Implantable Infusion Pumps market! (2031)
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Key Growth Drivers in Implantable Infusion Pumps Market:
The market for implantable infusion pumps is poised for significant growth, driven by the increasing prevalence of chronic diseases and advancements in technology.
Key drivers of this growth include the high incidence of cancer and chronic conditions such as diabetes, especially among older adults, along with continuous technological improvements. According to the National Centre for Health, cancer was the second leading cause of mortality globally in 2022, with approximately 1,918,030 new cases and 609,360 deaths. The World Health Organization projects a 70% increase in new cancer cases by 2030. The latest implantable infusion pumps are enhancing the administration of various drugs, leading to a rise in their adoption among cancer patients.
Chronic diseases also contribute to the demand for implantable infusion pumps. A University of California study estimates that around 5 million people worldwide suffer from end-stage renal disease (ESRD), with a projected annual increase of 5-7% in new cases. Additionally, the International Diabetes Federation reports that approximately 463 million adults aged 20-79 have diabetes, a number expected to reach up to 700 million by 2045.
Efforts by organizations and regulatory bodies to improve infusion pump safety and address associated concerns are also expected to stimulate market growth. For instance, the U.S. Food and Drug Administration (FDA) has launched initiatives to enhance implantable infusion pump safety. This includes establishing additional requirements for manufacturers to identify and correct design deficiencies, providing comprehensive design and engineering information, and conducting thorough testing. The FDA's collaboration with institutes, foreign regulatory bodies, and manufacturers aims to develop safer and more effective infusion pumps, while also raising awareness about mitigating risks among healthcare staff, administrators, and home users.
DataM Intelligence profiles some of the most reputed organizations present in the Implantable Infusion Pumps market. They are as follows:
Codman and Shurtleff, I-Flow Corp/Halyard Health, Flowonix Medical, Tricumed Medizintechnik, Intera Oncology, Tandem Diabetes Care Inc, Boston Scientific Corporation, Terumo Corporation and B. Braun and Medtronic PLC.
Segment Covered in the Implantable Infusion Pumps Market:
By Product: Piston Type Infusion Pumps, Creeping Type Infusion Pumps.
By Application: Cancer treatment, Spasticity treatment, Pain management, Non-malignant pain, Malignant pain.
By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centres.
Regional Analysis:
The global Implantable Infusion Pumps Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Implantable Infusion Pumps Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Implantable Infusion Pumps Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Implantable Infusion Pumps manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Implantable Infusion Pumps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQ's
Q.1. What are the primary drivers of the Implantable Infusion Pumps Industry?
Q.2. What are the main factors propelling and impeding the growth of the Implantable Infusion Pumps market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Implantable Infusion Pumps market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Implantable Infusion Pumps market now and in the future?
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