New York, According to a new market research report published by Global Insight Services “Intravenous Infusion Pumps Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An intravenous infusion pump is a medical device that delivers fluids, such as nutrients and medications, directly into a patient’s vein. Infusion pumps are used to treat a variety of conditions, such as cancer, diabetes, and pain.
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Key Trends
There are several key trends in intravenous infusion pump technology. One is the miniaturization of the pumps. This has been driven by the need for smaller, more portable devices that can be used in a variety of settings. Another trend is the development of wireless infusion pumps. These devices offer the potential for greater flexibility and convenience for both patients and clinicians. Additionally, there has been an increasing focus on safety and security features in infusion pumps. This is in response to the potential for errors and accidents associated with the use of these devices.
Key Drivers
The key drivers of the intravenous infusion pumps market are the growing prevalence of chronic diseases, the increasing number of surgical procedures, the growing preference for home healthcare, and the availability of reimbursement policies in developed countries.
The growing prevalence of chronic diseases is a major factor driving the growth of the intravenous infusion pumps market. Chronic diseases such as cancer, diabetes, and cardiovascular diseases require long-term treatment, which often includes the use of intravenous infusion pumps.
Market Segmentation
The global Intravenous infusion pump market is segmented into type, application, end user and region. By type, the market is categorized into volumetric infusion pumps, syringe infusion pumps, and patient controlled analgesia infusion pumps. The applications covered in the study include oncology, parenteral nutrition, analgesia/pain management, and others. On the basis of end user, the market is segregated into hospitals & clinics, home healthcare, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and rest of the world.
Key Players
Some of the major companies that operate in the global intravenous infusion pump market are F. Hoffmann-La Roche Ltd., Fresenius SE & Co. KGaA, B. Braun Holding GmbH & Co. KG, Becton, Dickinson and Company, Baxter International, Inc., Terumo Corporation, Medtronic, Smith Medical, ICU Medical, Inc., and Tandem Diabetes Care, Inc.
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Reasons to buy Intravenous Infusion Pumps Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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