Healthcare Industry For Analgesic Infusion Pumps In Global Market During The Forecast Period 2014 - 2020

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Infusion pumps are devices used for introducing medication, fluids and/or nutrients directly into patient’s circulatory system. Though intravenous route of administration is commonly used for infusion pumps, arterial, subcutaneous and epidural route of administration are also used in some cases. Analgesia infusion pumps are designed to deliver prescribed amount of analgesic medication on demand i.e. by means of pressing a button on the instrument at specific interval of time. Analgesic infusion pumps are widely used to relive pain in patients especially those who have undergone a surgery and patients having severe pain. Analgesic infusion pumps are also referred as patient controlled analgesia (PCA) since analgesia infusion pumps enable patient to administer pre set dose of analgesic medication.

Burgeoning burden on hospitals due to increasing hospital admissions globally has become area of concern for healthcare facility providers globally. Governments worldwide are emphasizing on reducing hospital admissions by encouraging home medication therapies in order to reduce hospital admissions. Taking into consideration, government initiatives to encourage home medication, increasing awareness about infusion pump systems and affordable cost of analgesia infusion pumps are some of the factors that are driving the growth of global analgesia infusion pumps market. While on the other hand, slower adoption rate and difficulty in use especially to geriatric population are some of the factors that are restraining the growth of the global analgesia infusion pumps market.

Based on the product type, global analgesia infusion pumps market is classified as follows:
Volumetric analgesia infusion pumps
Ambulatory analgesia infusion pumps
Syringe analgesia infusion pumps

Based on application, global analgesia infusion pumps market is segmented as follows:
Post surgical application
Accidents and trauma
Labor pain
Cancer patients
Others

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Geographically global analgesia infusion pumps market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). Presently, North America is dominating the global analgesia infusion pumps market and is closely followed by Europe. Some of the factors responsible for rapid growth of the analgesia infusion pumps market in the North America region are highly developed healthcare infrastructure, higher adoption rate of technically advanced therapeutic tools, availability of reimbursement policies and high healthcare spending. Asia-Pacific is considered as a potential market for analgesia infusion pumps due to increasing healthcare spending, rapidly developing healthcare infrastructure and increasing government initiatives for spreading awareness about the availability of medical facilities in the country on the grounds of rapidly developing medical tourism industry especially in countries like India and China. In addition, availability of qualified and skilled manpower at cheaper rates as compared to developed countries and availability of government funds to start new manufacturing plants are some of the factors that are expected to attract global analgesia infusion pumps manufacturers to Asia-Pacific region. Apart from opportunity to expand market share, starting a new manufacturing plant in emerging economies of Asia-Pacific market for geographical expansion is another strategy which most of the leading players in the global analgesia infusion pumps market are expected to implement.

Some of the players contributing to global analgesia infusion pumps market include Animas Corporation, Baxter International Inc., B. Braun Melsungen AG, Fresenius Kabi AG, CareFusion Corporation, KD Scientific, Inc., Hospira, Inc., Medtronic, Inc., Terumo Corporation and Smiths Medical.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future

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