Press release
Infusion Pump Market is expected to Cross USD9.71 billion by 2023
Market Research Future adds new report of “Infusion Pump Market Research Report- Global Forecast To 2023” it contains Company information, geographical data and Table of ContentMarket Scenario:
The Global market for infusion pump is growing at a steady pace. The various factors that influence the growth of the market are increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the Infusion Pumps in the military medical units, technological advancements from the leading market players. Furthermore the factors such as patient safety concerns and improper infusion leading to the severe consequences, unmet medical needs in the low income countries are hamper the growth of the market. Globally the market for infusion pump is expected to reach $ 9.71 billion at the rate of about 5% from 2017 to 2023.
Key Finding
• The infusion pump global market and is expected to reach $9.71 billion by 2023.
• Volumetric holds the largest share of 37.1% of the market.
• North America holds the largest market share of Infusion pump market and is anticipated to reach $3.49 billion by the end of forecast period.
• Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 5.4% during the forecast period.
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Market Segments:
Infusion Pump market has been segmented
• On the basis of type which comprises of Volumetric Pump, syringe pump, ambulatory pump, & others. Volumetric pump accounted for the largest market share of the total market in 2016.
• On the basis of Application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016.
• On the basis of End User, market is segmented into hospitals, ambulatory surgical centers, homecare, & others. Hospitals dominated the global market with the largest market share in 2016.
Key Players for Infusion Pump Market:
Some of the key players in this market are:
• 3M
• B. BRAUN MELSUNGEN AG
• Baxter
• Becton
• Dickinson and Company
• Fresenius Kabi AG
• ICU Medical Inc.
• Smiths Medical
• Terumo Medical Corporation
Intended Audience
• Infusion pump manufacturers and suppliers
• Contract Research Organizations (CROs)
• Research and Development (R&D) Companies
• Government Research Laboratories
• Independent Research Laboratories
• Government and Independent Regulatory Authorities
• Market Research and Consulting Service Providers
• Academic Institutes and Universities
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Regional Analysis of Infusion Pump Market:
Globally North America is the largest market for Infusion Pump and is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. North America is expected to reach $3.49 billion by the end of 2023. Europe accounts for the second largest market and is expected to reach nearly $3.11 billion, whereas Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment with the CAGR of 5.4% during 2017-2023. This rapid growth is majorly due to recent developments in healthcare and improving economies and disposable income per individual. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better infusion treatment in the countries.
Table of Content
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Infusion Pump Market, By Type
7 Global Infusion Pump Market, By Application
8 Global Infusion Pump Market, By End User
9 Global Infusion Pump Market, By Region
10 Company Landscape
11 Company Profile
Table of Content
Table 1 Growth Drivers: Impact Analysis
Table 2 Pricing Range Of Pumps
Table 3 Global Infusion Pump Market By Type, 2014-2023 (Usd Million)
Table 4 Global Volumetric Pump Market By Region, 2014-2023 (Usd Million)
Table 5 Global Syringe Pump Market By Region, 2014-2023 (Usd Million)
Table 6 Global Ambulatory Pump Market By Region, 2014-2023 (Usd Million)
Table 7 Global Infusion Pump Market By Application, 2014-2023 (Usd Million)
Continued…
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List of Figures
Figure 1 Market Structure Of Global Infusion Pump Market
Figure 2 Research Process
Figure 3 Forecast Model
Figure 4 Global Infusion Pump Market: Market Dynamics
Figure 5 Porters Five Forces Model
Figure 6 Global Infusion Pump Market By Type, 2016 & 2023 (Usd Million)
Figure 7 Global Infusion Pump Market By Application, 2016 & 2023 (Usd Million)
Figure 8 Global Infusion Pump Market By End User, 2016 & 2023 (Usd Million)
Figure 9 Global Infusion Pump Market Share, By Region, 2016 (%)
Continued…
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