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%.
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.
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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.
The new report studies the Intravenous Infusion Pump market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods. The key economic factors affecting the global Intravenous Infusion Pump market are studied in detail in the global Intravenous Infusion Pump market report, including a detailed assessment of the microeconomic and macroeconomic environment of the market. Factors surrounding the market and affecting its movement are studied in detail in the report, allowing for a comprehensive understanding of the market’s likely growth trajectory of the market in view of the economic factors affecting its dynamics. PORTER’s five forces analysis is performed in the report in order to understand the effect of various economic drivers on the Intravenous Infusion Pump market over the forecast period. Key factors likely to affect the market’s dynamics in the coming years are profiled in detail in the report, to allow readers a complete understanding of the major obstacles standing in their way in the Intravenous Infusion Pump market.
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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.
Market Key Players
Various key players are discussed in this report such as Johnson & Johnson, F. Hoffmann-la Roche Ltd, Terumo Corporation, Smiths Group plc, Medtronic plc, Fresenius SE & CO. KGaA, B. Braun Melsungen AG, Pfizer Inc, Baxter International, Inc, Dickinson and Company, and Becton.
- Infusion pumps
- Implantable Infusion Pumps
- Patient Controlled Analgesics
- Ambulatory Infusion Pumps
- Enteral Infusion Pumps
- Syringe Infusion Pumps
- Insulin Infusion Pumps
- Volumetric Infusion Pumps
By Diseases Indication
- Analgesia/Pain Management
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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