Infusion Pumps Market is expected to reach US$ 18,045.6 Mn in 2025 from US$ 11,378.8 Mn in 2017. The report includes (97-Tables, 65-Figures, 186-Pages) key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Pune, Maharashtra -- (SBWIRE) -- 03/03/2019 -- The objective of the study is to describe, define, and forecast the infusion pumps market by type, application, end user, and region. The report also provides detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyse market with respect to individual growth trends, prospects, and contributions to the overall infusion pumps market.
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The market for infusion pumps is expected to grow significantly due to factors such as, increasing incidence of chronic diseases, increasing number of surgical procedures performed and growing geriatric population. In addition, rising medical tourism in developing countries is anticipated to have a positive impact on the growth of the infusion pumps market in the coming years.
Some of the prominent players operating in infusion pumps market are BD, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche Ltd., Medtronic, Baxter International, Inc., Smith Medical, Moog, Inc., ICU Medical, Inc., and Insulet Corporation. The market players are focused towards introducing new and innovative products in the market to sustain their position in the market. For instance, in December, 2018, Terumo Corporation announced that a biosimilar was launched in Europe. The biosimilar is used by company's PLAJEX pre-fillable syringe. The hulio (biosimilar) is manufactured by the company. These product innovations and launches are expected to propel the growth of the infusion pumps market during the forecast period.
The report segments the global infusion pumps market as follows:
Global Infusion Pumps Market – By Type
- Ambulatory Pumps
- Enteral Pumps
- Patient-Controlled Analgesia (PCA) Pumps
- Insulin Pumps
- Volumetric Pumps
- Smart Pumps
- Elastomeric Pumps
- Syringe Pumps
Global Infusion Pumps Market – By Application
- Gastrointestinal Diseases
Global Infusion Pumps Market – By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
Global Infusion Pumps Market – By Geography
- North America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- South & Central America (SCAM)
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