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Pune, India -- (SBWIRE) -- 10/11/2017 -- Executive Summary:
Market Research Future published new report, titled "Infusion Pump Market -Research Report: Global Forecast to 2023".
Market Synopsis of Global Infusion Pump Market
The Global market for infusion pump is growing at a steady pace. The various factors that influence the growth of the market are increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements from the leading market players. Furthermore the factors such as patient safety concerns and improper infusion leading to the severe consequences, unmet medical needs in the low income countries are hamper the growth of the market. Globally the market for infusion pump is expected to reach $ 9.71 billion at the rate of about 5% from 2017 to 2023.
Infusion Pump market has been segmented on the basis of type which comprises of volumetric pump, syringe pump, ambulatory pump, & others. Volumetric pump accounted for the largest market share of the total market in 2016. On the basis of application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016. On the basis of end user, market is segmented into hospitals, ambulatory surgical centers, homecare, & others. Hospitals dominated the global market with the largest market share in 2016.
Some of the key players in this market are: 3M, B. BRAUN MELSUNGEN AG, Baxter, Becton, Dickinson and Company, Fresenius Kabi AG, ICU Medical, Inc, Smiths Medical, and Terumo Medical Corporation.
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The report for Infusion Pump Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Globally North America is the largest market for Infusion Pump and is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. North America is expected to reach $3.49 billion by the end of 2023. Europe accounts for the second largest market and is expected to reach nearly $3.11 billion, whereas Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment with the CAGR of 5.4% during 2017-2023. This rapid growth is majorly due to recent developments in healthcare and improving economies and disposable income per individual. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better infusion treatment in the countries.
The infusion pump global market and is expected to reach $9.71 billion by 2023.
Volumetric holds the largest share of 37.1% of the market.
North America holds the largest market share of Infusion pump market and is anticipated to reach $3.49 billion by the end of forecast period.
Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 5.4% during the forecast period.
Infusion pump manufacturers and suppliers
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Government Research Laboratories
Independent Research Laboratories
Government and Independent Regulatory Authorities
Market Research and Consulting Service Providers
Academic Institutes and Universities
Table of Contents
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Infusion Pump Market, By Type
7 Global Infusion Pump Market, By Application
8 Global Infusion Pump Market, By End User
9 Global Infusion Pump Market, By Region
10 Company Landscape
11 Company Profile
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