This report covers the global IV infusion pump accessories market performance in terms of revenue contribution from various segments. This section also includes PMR analysis of key trends, drivers, restraints and opportunities, which are influencing growth of the global IV infusion pump accessories market. Impact analysis of key growth drivers and restraints are included in this report to better equip clients with crystal clear decision-making insights.

The IV infusion pump accessories market report begins with an overview of the IV infusion pump accessories used and their definitions. This section also underlines factors influencing growth of IV infusion pump accessories market along with detailing of the key trends, drivers, restraints, and opportunities. key region-specific trends is included in report to better equip clients with information and hidden insights. Furthermore, PMR provides a competitive landscape to the companies and their strategic developments.

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The next section of the report analyses the market based on product type and presents the forecast in terms of value for the next 8 years. Assay type covered in the report include:

IV Infusion Sets

IV Infusion Lines

IV Catheters

IV Cannulas

Needleless Connectors

Subsequent section covers the market analysis based on end user and present the forecast in terms of value for next 8 years. End users considered in the report include:

Hospitals

Homecare Settings

Ambulatory Surgical Centers

Diagnostics Centers

Others

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The next section of the report highlights the growth trends of the IV infusion pump accessories market by regions. It provides a market outlook for 2016–2025 and sets the forecast within the context of the IV infusion pump accessories market. The study discusses key regional trends contributing to growth of the IV infusion pump accessories market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific and MEA. North America region is expected to emerge dominant and most attractive over the forecast period.

Regions covered in the report include:

North America

U.S.

Canada

Latin America

Brazil

Mexico

Rest of Latin America

Europe

Germany

UK

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific including Japan (APAC)

Japan

China

India

Australia and New Zealand

Rest of APAC

Middle East & Africa (MEA)

GCC Countries

South Africa

Rest of Middle East and Africa

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Increasing incidences of life threatening chronic diseases lead to increasing use of infusion systems worldwide. The factors leading to the increasing demand of the infusion pumps is expected to eventually drive the demand for the IV infusion pump accessories. Syringe infusion pumps, ambulatory infusion pumps, elastomeric infusion pumps and MRI-compatible infusion pumps are the current key advanced products in IV infusion pumps industry as they have shown promising results with less dosage errors. To develop cost effective IV infusion pumps and efficient medical devices, such as ambulatory pumps, MRI-compatible, and software, etc., various governments in developed countries are actively funding R&D activities. For instance, The New South Wales (NSW), a state government from Australia, has avail medical devices fund of about US$ 8 million in 2017-2018 to help encourage and support investments in the development and commercialization of medical devices and related technologies.

Moreover, macroeconomic factor such as the increase in the overall healthcare expenditure is also expected to contribute towards the demand of the IV infusion pump accessories market. The per capita spending on healthcare is increasing globally. People’s desire and ability to spend on wellness has led to an incremental shift in this expenditure, which is anticipated to boost the medical and healthcare industry and subsequently, the medical device industry in near future. The Global Health Observatory Data reflected that healthcare expenditures accounted for 10.0% of the gross domestic product of economies on an average in 2013. As per the World Health Organization (WHO), about US$ 1,058.0 per capita was spent on health expenditure in 2014 worldwide. This increase in healthcare expenditure is more prominent in emerging economies as compared to developed economies.

Infusion pumps and supplies are covered under U.S. Medicare Part B and Part D as durable medical equipment (DME) that are prescribed by doctors in home care settings. If an infusion therapy is done for homecare setting, the reimbursement value associated with private customers is high as compared with the hospitals. This is expected to generate revenues from homecare settings end user segment. According to the centers for Medicare and Medicaid Services, the overall healthcare spending in North America is anticipated to increase at an average of 4.6 percent per year during the period 2016–2019. This increased government spending on healthcare infrastructure is expected to boost the growth of IV infusion pumps accessories market.

In the final section of the report on IV infusion pump accessories market, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view, to access the key differentiators among the competitor firms. Detailed company profiles include company-specific long-term and short-term strategies, key offerings and recent developments in the IV infusion pump accessories market. Key competitors covered in terms of manufacturers include B. Braun Melsungen AG., Becton, Dickinson Company, Fresenius Kabi AG, Terumo Corporation, Medtronic Plc., Baxter International Inc., Hospira, Inc., Zyno Medical, Nipro Corporation and Smiths Medical.

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