Infusion Systems Market Size Worth 9.71 Billion USD With Growing at a CAGR of 5% By 2025
Infusion Systems Market Analysis by Product Type (Volumetric Pump, Syringe Pump), Application (Chemotherapy, Diabetes, Pediatrics, Gastrointestinal Diseases,), End User and Top Key Players, Forecast To 2025
Pune, India – September 9, 2019 /MarketersMedia/ —
Market Overview:
The global Infusion Systems Market size worth USD 9.71 billion with growing at a CAGR of 5% during the forecast period (2017-2025). Infusion systems are generally used in hospitals and healthcare service providers to deliver medication and fluids into a patient’s body. These systems help to enhance patient care with control on anesthetics, antibiotics, insulin, and others. Surging demand for volume infusions, which are required for parenteral nutrition and hydration therapy will trigger the demand from the infusion systems market.
Surging levels of environmental pollution across the globe, rising regulations by the government along with the initiatives taken for environmental protection, and rising focus on wastewater treatment are some of the primary growth stimulants of the infusion system market. Infusion pumps are generally used to treat chronic diseases for delivering medication such as diabetic and chemotherapy. Infusion systems play a major role in delivering accurate medication in such disorders. With rising incidences of chronic disorders and rapid development in technology in the healthcare sector, the market is likely to flourish.
On the contrary, the high cost of implantable devices will restrict the growth of the infusion systems market. Moreover, frequent recalls of infusion pumps will hinder the market growth in the foreseeable future.
Request Free Sample Report at: https://www.marketresearchfuture.com/sample_request/1210
Infusion Systems Market Competitive Dashboard
The top players operating in the infusion systems market include B. BRAUN MELSUNGEN AG, 3M, Becton, Baxter, Fresenius Kabi AG, Dickinson and Company, Smiths Medical, ICU Medical, Inc, and Terumo Medical Corporation.
Global Infusion Systems Market Segmental Analysis:
The infusion system market has been segmented on the basis of type, application, and end users.
By type, the infusion systems market is segmented into syringe pump, volumetric pump, and others.
By application, the infusion systems market is segmented into diabetes, chemotherapy, pediatrics, gastrointestinal diseases, and others. Of these, the chemotherapy segment accounted for the largest share, mainly due to the surging prevalence of cancer, rising availability of ambulatory infusion pumps for chemotherapy, and the advent of technologically advanced products.
The end users segment comprises ambulatory surgical centers, hospitals, home care, and others. Of these, the hospitals’ segment is likely to gain prominence due to the strong financial capabilities of the hospitals to purchase expensive infusion devices, availability of trained professionals to operate infusion pumps, and the presence of large patient population.
Regional Outlook
Geographically, the infusion systems market spans across Europe, North America, Asia Pacific, Europe, and the Middle East & Africa.
Considering the global scenario, North America commands the largest infusion systems market share, owing to the presence of advanced technologies in the region. The region will surpass a valuation of USD 3.49 billion by the end of 2025.
Europe will acquire the second position in the global infusion systems market and is estimated to garner USD 3.11 billion by the end of 2025. Increased disease burden in diabetes and oncology, surging geriatric population, and soaring demand for infusion pumps for home care patients are some of the primary growth stimulants of the market in Europe. The surging occurrences of diseases like cancer and diabetes will drive the market’s growth to a large extent.
Meanwhile, the Asia Pacific will emerge as the fastest-growing region due to the presence of continuously developing countries. The regional growth can be credited to the recent developments made in the healthcare sector, coupled with improving economies and increasing per capita income of the population.
Market dynamics:
Drivers:
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
Restraint:
Patient Safety Concerns And Improper Infusion Leading To The Severe Consequences.
Unmet Medical Needs In The Low Income Countries
Opportunity:
Growing Geriatric Population Presents Significant Growth Opportunity
Low Income Economies And Developing Nations With Improving Healthcare Facilities Present A Great Opportunity.
Macroeconomic Indicators
Mega Trends
Browse Full Report Details at: https://www.marketresearchfuture.com/reports/infusion-systems-market-1210
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact Info:
Name: Akash Anand
Email: Send Email
Organization: Market Research Future
Address: Pune
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/infusion-systems-market-1210
Source: MarketersMedia
Release ID: 88916832
Copyright © 1999-2013 SproutNews.com
