Providing targeted and constant medication to reduce pain, implantable infusion pumps are witnessing wide adoption among the geriatric population
Albany, NY -- (SBWIRE) -- 07/15/2019 -- Increasing geriatric population and increasing prevalence of chronic diseases that require post-operative pain management combined with the better access to healthcare services and hospitals are some of the key factors influencing the growth in the implantable infusion pumps market globally. In response to the growing demand, manufacturers of the implantable infusion pumps are focusing on product innovation, for instance, new implantable infusion pumps provide long-term drug infusion at both constant and variable rate. Moreover, technological advancements along with the increasing investment by manufacturers to develop new and technically advanced products are also boosting the implantable infusion pump market growth especially in Western Europe and the US. In addition, the growing popularity of wearable devices has led to the demand for small pumps with better control along with the methods for diagnosing suspected pump failures. These actionable insights are in line with the actionable report, titled, "Implantable Infusion Pumps - Medical Devices Pipeline Assessment, 2019". The report has been incorporated into the Market Research Hub (MRH) repository. Complexity in the design of pumps and repetitive failure in drug delivery have led to the frequent product recalls, resulting in the negative impact on the penetration of implantable infusion pumps market.
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Implantable Infusion Pumps Market: Report Content
The report on the implantable infusion pumps market provides valuable and actionable insights on the market. The report begins with the chapter including information on the market dynamics impacting current and future implantable infusion pumps market growth. The report also provides qualitative and quantitative data on the market including market size and share in terms of value and volume.
The scope of the report on implantable infusion pumps market is to provide in-depth analysis and data. The report also includes market overview, market segmentation, and regional analysis of the implantable infusion pumps market. Data offered in the report focuses on the market size, along with the graphical and textual and analysis of the leading players in the implantable infusion pumps market along with the information on the growth strategies adopted by the players.
The coherent analysis of the competitive landscape of the implantable infusion pumps market banks on Porters' Five Force Analysis. Besides, the Porters' Five Force Analysis provides detailed assessment on the strategies of the key players in the implantable infusion pumps market. Nonetheless, the business strategies by players rely upon recent developments, company profile, product portfolio, key product differentiation, and SWOT analysis.
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Implantable Infusion Pumps Market: Research Methodology
The report on implantable infusion pumps market counts on primary and secondary research, which provides valuable insights along with in-depth analysis of the implantable infusion pumps market. Furthermore, the data and information provided in the report were collected by reliable sources that turn out to be instrumental in preparing the report. Meanwhile, primary sources also include industry experts, surveys, and telephonic interview and exhaustive analysis from an experienced analyst. In addition, the secondary sources also include a company press release, trade journals, Factiva, EC filing, resourceful database and governmental websites.