Infusion Pump Market Key Developments, Outlook 2016 Analysis & Forecast to 2021
Infusion Pump Market Size and Growth Rate:
Infusion Pump Market was valued at USD 7.01 Billion in 2016 and projected to reach USD 9.24 Billion by 2021 growing at a CAGR of 5.1% during the forecast period 2016 to 2021.
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Infusion Pump Market Growth Drivers and Restraints:
The rise in adoption of infusion pumps in the emerging economies and development of advanced infusion pumps are expected to provide numerous opportunities for the market growth in the near future.
Stringent government regulations for the approval of devices and occurrence of errors during infusion therapies have led to many product recalls, which impede the market growth.
Geographical Overview of Infusion Pump Market:
Asia is a large continent and is home to some of the world’s highly populous countries. Thus, this region has emerged as an epicentre of cancer, diabetes, and cardiovascular diseases.
Key Players of Infusion Pump Market:
Some of the leading market players of Infusion Pump Market are Becton, Dickinson and Company (BD), B. Braun Melsungen AG, Baxter International Inc., Fresenius Se & Co. KGaA, Pfizer Inc., Johnson & Johnson and more.
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Infusion Pump Market Segmentation:
By Product:
- Devices
- Infusion Pump Accessories/Consumables
By Application:
- Chemotherapy/Oncology
- Diabetes
- Gastroenterology
- Analgesia/Pain Management
- Pediatrics/Neonatology
- Hematology
By End User:
- Hospitals
- Home Care
- Ambulatory Surgery Centers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Key Takeaways from this Report:
- For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
- Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
- Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
- Increase overall revenue by understanding the geographical impact on sales and distribution channels.
- Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
- Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
- Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.
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