Global Intravenous Infusion Pump Market was valued at USD 12.5 in 2018 which is expected to reach USD 20.5 billion by 2027 at a CAGR 6.5%.
Qualiket Market Research provides key insights for the Global Intravenous Infusion Pump Market in its published reports, which comprises global industry analysis, market size, market share, growth, trends, and forecast for 2020-2027. Also, the historical tragedy of the Global Intravenous Infusion Pump Market is examined to gain an estimate valuation & size of the market throughout the forecast period. Trade shows, exhibitions, events are watched carefully for novel innovation & technological breakthroughs enveloping the market.
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Intravenous infusion pump is a medical device which is used to deliver fluids such as medications, and nutrients directly into a circulatory system by using intravenous route. They are widely used in transferring medications in controlled manner. Rise in geriatric population and prevalence of chronic diseases will boost the global intravenous infusion pump market.
Increase in demand for ambulatory infusion pumps in home care setting which is expected to drive the global intravenous infusion pump market growth. Furthermore, rise in incidences of chronic diseases along with rapid growth of the geriatric population which is expected to propel the global intravenous infusion pump market growth. Moreover, growing number of surgical procedures will have the positive impact on global intravenous infusion pump market growth. Also, rise in approval activities by regulatory authority will fuel the growth of global intravenous infusion pump industry. For instance, May 2018, Baxter had received US FDA clearance for Spectrum IQ infusion system with Dose IQ safety software.
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Several industry standards & parameters are considered while taking note of segment & sub-segment. A microscopic view of the market comprises historical information regarding the Global Intravenous Infusion Pump Market as well as future events which can impact the market growth. The market demand is ascertained keeping in mind the value for the base year. Country-specific economic indicators as well as drivers are described in the report with investment opportunities suggested to interested investors. Key insights are given in tabular format and structured in a easy to read manner.
However, stringent rules and regulations for approval of new product is the restraining factor which is expected to hamper the global intravenous infusion pump market.
Global Intravenous Infusion Pump Market is segmented into product such as Infusion pumps (Implantable Infusion Pumps, Patient Controlled Analgesics, Ambulatory Infusion Pumps, Enteral Infusion Pumps, Syringe Infusion Pumps, Insulin Infusion Pumps, and Volumetric Infusion Pumps). Further, Global Intravenous Infusion Pump Market is segmented into disease indication such as Hematology, Pediatrics/Neonatology, Analgesia/Pain Management, Gastroenterology, Diabetics, Chemotherapy, and Others.
Also, Global Intravenous Infusion Pump Market is segmented into region such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as
- Johnson & Johnson,
- Hoffmann-la Roche Ltd,
- Terumo Corporation,
- Smiths Group plc,
- Medtronic plc,
- Fresenius SE & CO. KGaA,
- Braun Melsungen AG,
- Pfizer Inc,
- Baxter International, Inc,
- Dickinson and Company, and
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