Infusion Pump Market Size to Hit USD 18.30 Billion by 2027

New York, USA, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Infusion Pump Market Overview

According to a Comprehensive Research Report by Market Research Future (MRFR), “Infusion Pump Market Information By Type, Application, End User, And Region - Forecast till 2027', the market is expected to reach USD 18.30 Billion by 2027, confirms Market Research Future (MRFR). The worldwide market could secure 8.2% CAGR between 2020 and 2027.         

Market Synopsis

Infusion pumps like implantable pumps, insulin pumps and ambulatory chemotherapy pumps, help manage a variety of diseases, including diabetes and cancer, in home care settings. Ambulatory infusion pumps are wearable or portable while infusion pumps help in the precise delivery of fluids like medicines, antibiotics and nutrients in the body under a controlled environment. An intravenous infusion pump is a medicinal tool to administer drugs or nutrients directly into a patient's bloodstream. Due to their widespread use in delivering drugs in precise quantities, you can frequently find them in a medical setting. Medications, hormones, and nutritious fluids are administered in controlled doses into the circulatory system through veins using intravenous infusion pumps. Intravenous infusion pumps are widespread in hospitals, care facilities, and residences. A trained operator controls the pump by setting the rate and time of fluid supply using internal software. Nutrients, hormones, antibiotics, chemotherapeutic medications, and painkillers can all be given by intravenous infusion pumps. Since the major market participants introduced the insulin pump, the market has been expanding significantly. Home healthcare offers individuals a more reasonable alternative to pricey hospital care, lowering the government's spending on healthcare services.

Due to important reasons such as the rising frequency of chronic diseases, improvements in novel drug delivery systems, and the rising use of these methods in developing nations, the market is anticipated to rise significantly. A patient can get fluids in a controlled amount, along with nutrients and drugs, with this pump. For example, enteral feeding pumps are designed to supply nutrients, patient-controlled analgesia (PCA) pumps are made to deliver painkillers, and insulin pumps are manufactured to deliver insulin. These pumps administer fluid through intravenous, subcutaneous, and arterial routes. They are frequently utilized in long-term care institutions, ambulatory surgery centers, homes, infusion clinics, and hospitals. Due to the high frequency of chronic diseases and rising healthcare costs, particularly those associated with hospitalization, the demand for home healthcare has greatly expanded over the past few years.

Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/1509

Report Scope:

Report AttributeDetails
Market Size in 2030USD 18.30 Billion
CAGR8.2%
Base Year2019
Forecast Period2020-2027
Historical Data2018
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Type, Application and End-user
Geographies CoveredNorth America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market DriversIncreased Use of Infusion Pumps For Drug Delivery
High Demand for The Infusion Systems In The Military Medical Units

Infusion Pump Market Competitive Landscape:

The notable contenders in the infusion pump market are:

  • 3M
  • BRAUN MELSUNGEN AG
  • Smiths Medical
  • Terumo Medical Corporation
  • Baxter
  • Becton, Dickinson, and Company
  • Fresenius Kabi AG
  • ICU Medical, Inc

Infusion Pump Market Dynamics:

Market Drivers:

The rise in the number of elderly people and the prevalence of chronic diseases are the main factors propelling the growth of the worldwide intravenous infusion pump market. Additionally, a boom in the use of portable infusion pumps to cut down on hospital costs is anticipated to support growth. However, the expansion of the intravenous infusion pump market is constrained by patient safety concerns and medication errors connected to infusion pumps. The rapid growth of the elderly population, the rise in the frequency of chronic diseases, the rising demand for ambulatory infusion pumps, and the rising number of surgical procedures are the main drivers propelling the market's expansion. Intensive fluids, including high-risk medications, are typically administered via intravenous infusion pumps. Due to rising hospitalization costs and an increase in the prevalence of chronic diseases, ambulatory infusion pumps are more in demand in home care settings. The increased demand for ambulatory infusion pumps in daily care settings is mostly due to an increase in the adoption rate of these devices and the need to cut down on hospital stays.

The majority of infusion pumps come with security features and built-in alarms that are meant to trigger in the event of a problem. Infusion therapy is necessary to treat several illnesses that cannot be addressed with oral drugs, including immunological deficiencies, cancer, and congestive heart failure. On the other hand, throughout the forecast period, technical developments in infusion pumps are anticipated to generate profitable prospects for leading market players. Compared to manually administering medicinal fluids, infusion pumps provide several benefits, including the capacity to deliver very small quantities of fluid. Additionally, it provides the capability of precisely programmed rates or automatic intervals for fluid delivery. These continue to be widely used by healthcare systems. The preference for homecare settings has increased as long-term care expenses have increased.

Market Restraints:

The primary growth inhibitors for the market are product shortages and infusion pump malfunctions such as software bugs and user interface problems.

Browse In-depth Market Research Report (125 Pages) on Infusion Pump: https://www.marketresearchfuture.com/reports/infusion-pumps-market-1509

COVID 19 Analysis

The impact of COVID-19 on the world has been unprecedented and astounding, with the pandemic having a detrimental effect on demand in every region. Since most hospitalized patients, particularly those in ICUs, receive their medications through intravenous infusion pumps because of their capacity to deliver precise doses automatically at predetermined times, the COVID-19 pandemic has increased sales for intravenous infusion pumps and related systems. The introduction of COVID-19 caused a load on the world's healthcare system as the bulk of elective medical procedures were delayed. However, there has been an increased demand for intravenous infusion pumps, such as volumetric and insulin. Most chronic-condition patients receive treatment remotely from their homes to reduce the risk of disease transmission and relieve the strain on healthcare institutions.

Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=1509

Infusion Pump Market Segmentation

By application, the market includes chemotherapy, diabetes, gastrointestinal diseases, and pediatrics.

By end user, the market includes hospitals, ambulatory surgical centers, and home care.

By type, the market includes volumetric pumps and syringe pumps.

Infusion Pump Market Regional Insights

North America dominated the market for intravenous infusion pumps, and this pattern is anticipated to hold throughout the projected period. The development of the intravenous pump sector in this area was aided by the rising prevalence of chronic diseases, rising surgical operations, well-developed and expanding R&D, and rising use of cutting-edge infusion pump technology. Because of its extensive healthcare infrastructure, high medical R&D spending, and high disease prevalence, the U.S. owned the biggest market share of the North American intravenous infusion industry. Over the projected period, the Asia-Pacific market is anticipated to have a sizable CAGR.

Share your Queries @ https://www.marketresearchfuture.com/enquiry/1509

Asian nations have dense populations and a high prevalence of chronic diseases like cancer, diabetes, and cardiovascular ailments. Because of their reputation for providing quality healthcare and economical surgery, these countries are popular destinations for medical tourism. China, Japan, and India are among the developing nations in Asia having advanced healthcare facilities. According to estimates, the European regional market will increase quickly, mostly due to recent advances in healthcare, advancing economies, and rising per-person disposable income. Europe held the second-largest market share. The demand for these pumps in Europe is expected to be driven by a global burden of chronic diseases in this area and major spending by the European Commission in the healthcare sector.

Discover more research Reports on Healthcare Industry by Market Research Future:

Insulin Pumps Market Share, Trends and Growth Analysis By Type (Traditional Insulin Pumps, Smart Insulin Pumps and Disposable Insulin Pumps), Accessories (Insulin Reservoirs, Infusion Sets and Infusion Set Insertion Devices), Application (Type I Diabetes and Type II Diabetes), End User (Hospitals and Clinics, Home Care, Laboratories) - Forecast till 2028

Micropump Market Information by Product Type (Mechanical Micropump, Piezoelectric Micropump, Syringe Pump, Peristaltic Pump and Non-Mechanical Micropump), Material (Polymer, Glass and Silicon), Application (Drug Delivery Systems, Medical Device and In-Vitro Diagnostics), End User (Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Centers and Research Institutes) - Forecast till 2030

Veterinary Infusion Pumps Market Research Report: by Type (Syringe Infusion Pump and Large-Volume Infusion Pump), by End User (Veterinary Hospitals, Veterinary Clinics, and Others) - Forecast Till 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter


Infusion Pump Market Size to Hit USD 18.30 Billion by 2027

TIN LIÊN QUAN

Particleboard Market Expected to Grow at 5.2% CAGR Till

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- IndexBox, a leading market research firm, has released its latest report on the global wooden particle board...

Cloud Managed Network Market worth $36.3 billion by 2027,

The need for greater data connectivity with higher security, privacy and control will drive the Cloud Managed Network Market....

Lubricants Market Estimated to Reach $187.9 Billion by 2027

Chicago, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The global lubricants market size is projected to reach USD 187.9 billion by 2027 from USD 164.8 billion in...

North America Commercial Nuclear Power Market Size

BWX Technologies Inc., Doosan Heavy Industries & Construction Co. Ltd, Mitsubishi, Heavy Industries Ltd, GE-Hitachi Nuclear Energy Inc., Westinghouse...

Global Pulmonary Embolism Market Size - Forecasts to 2028

The paramount competitors covered in the global pulmonary embolism market report include Abbott, F. Hoffmann-La Roche Ltd., Mylan N.V., Teva...

Global Somatic Cancer Mutation Testing Market Size

Thermo Fisher Scientific, Inc., Illumina, Inc., Invitae Corporation, F. Hoffmann-La Roche Ltd., MedGenome, CENTOGENE N.V., Myriad Genetics, Inc., eviCore...

Polyphenol Market Worth USD 3.0 Billion by 2030, to grow at

Polyphenol Market Insights and Industry Analysis by Source (Fruits, Vegetables, Whole Grains, Beverages), Type (Flavonoids, Phenolic Acids, Stilbenes,...

Fiber Optics Market Anticipated to Garner USD 13.7 Billion

Advent of IoT to Boost Fiber Optics industry Growth...

THỦ THUẬT HAY

Chuyển từ video sang ảnh GIF động trên iPhone cực dễ

Mình sẽ hướng dẫn anh em tạo một Shortcut trên iPhone, iPad để tự động tạo ảnh động GIF rất dễ. Nguồn ảnh động có thể là 1 video ngắn, hoặc 1 loạt nhiều ảnh mà anh em muốn ghép vào cho tụi nó tự…

Bo mạch chủ Z490, H470 nào hỗ trợ PCI-E 4.0

Mặc dù bo mạch chủ Z490 được ra mắt để chạy các CPU Intel Gen 10th tuy nhiên đại đa số nhà sản xuất đã trang bị sẵn cấu hình phần cứng tương thích với chuẩn PCI-E 4.0. *Lưu ý: Các bo mạch chủ Z490, H470 sẽ chỉ kích

Nên chọn hệ phái nào trong Blade and Soul?Điểm mạnh, yếu

Blade & Soul cũng không phải là một game online ngoại lệ, việc trong game có nhiều hệ phái làm tăng tính hấp dẫn cho người chơi cũng như tính đa dạng trong game. Với một người mới bạn nên cân nhắc khi chọn hệ phái

Hướng dẫn tạo hiệu ứng cọ vẽ trong ảnh ở Microsoft PowerPoint

Đầu tiên, sử dụng một kiểu có sẵn hoặc tải font cọ vẽ miễn phí yêu thích vào máy tính. Sau đó, chuyển font lựa chọn thành một hình dạng và sử dụng nó để ẩn và tiết lệ một phần hình ảnh.

ĐÁNH GIÁ NHANH

Trải nghiệm, đánh giá Yamaha YZF-R1 2016 tại Sài Gòn

Độ nhạy bướm ga linh hoạt, khả năng tăng tốc mạnh mẽ và mức độ bứt phá cực kì phấn khích cùng âm thanh mê hoặc là những gì mà superbike Yamaha R1 2016 mang lại cho người cầm lái.

Đánh giá Acer Swift 3 thế hệ 8: Cấu hình mạnh, thiết kế sang trọng, giá 17 triệu đồng

Trọng lượng của máy cũng khá nhẹ, khoảng 1.5 kg, thích hợp cho những bạn trẻ năng động, hay di chuyển hay phù hợp với những người làm văn phòng, cần một chiếc máy mỏng, nhẹ, đẹp.

Bose SoundLink Micro: Loa di động nhỏ gọn, âm thanh ấn tượng

Cái mà mình thích nhất chính là chất lượng âm thanh ấn tượng, đầy đặn, bass chắc khỏe và âm lượng lớn, hứa hẹn đánh được nhiều thể loại nhạc khác nhau với chất lượng khá, từ EDM, Rock, trữ tình cho tới hòa tấu ru ngủ,…