The global market for Infusion pumps estimated at USD 13.3 Billion in 2021 is projected to reach a revised size of USD 18.7 Billion by 2028, growing at a CAGR of 4.6% over the period 2022-2028.
An infusion pump is a medical device that delivers fluids, such as nutrients and medications, into a patient's body in controlled amounts. Infusion pumps are in widespread use in clinical settings such as hospitals, nursing homes, and in the home. An infusion pump is a medical device used to deliver fluids, medications, and nutrients directly into a patient's bloodstream. This device is commonly used in hospitals, clinics, and other healthcare facilities for controlled and precise dispensing of fluids and medications.
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List of the Key Companies Profiled
· B. Braun Melsungen AG (Germany)
· Becton, Dickinson, and Company (U.S.)
· IRadimed Corporation (U.S.)
· Baxter International Inc. (U.S.)
· ICU Medical, Inc. (U.S.)
· Tandem Diabetes Care, Inc. (U.S.)
· ICU Medical, Inc. (U.S.)
· Medtronic (Ireland)
· Smith Medical (U.S.)
· Terumo Corporation (Japan)
· F. Hoffmann-La Roche Ltd. (Switzerland)
· Fresenius SE & Co. KGaA (Germany)
· Mindray (India), and Other Major Players
With a precise examination of the overall industry, our Infusion Pump Market report guarantees the highest level of accuracy and reliability. We establish a strong foundation for our findings by leveraging a wide range of primary and secondary sources. Enhancing the comprehensiveness of our evaluation, we utilize industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis. Our study dives deep into the complete market ecosystem of the Infusion Pump Market, elucidating the functions and interdependencies of various market stakeholders. Through comprehensive segmentation analysis and geographical coverage, we facilitate a profound understanding of regional trends. Additionally, we explore external factors that impact the market dynamics.
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Segmentation of Infusion Pump Market:
· Volumetric Infusion Pumps
· Syringe Infusion Pumps
· Patient Controlled Analgesia Infusion Pumps
By Application
· Oncology
· Parenteral Nutrition
· Pain Management
· Others
By End User
· Hospitals & Clinics
· Home Healthcare
· Others
Infusion Pump Market Regional Analysis/Insights:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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The latest research on the Infusion Pump Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Infusion Pump Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Infusion Pump Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Covid-19 Impact Analysis On Infusion Pump Market
As COVID-19 patients began to flood hospital ICUs, infusion pump supplies quickly dwindled. A large number of orders were sent to suppliers, pressuring them to produce more. The COVID-19 epidemic has strained healthcare infrastructure worldwide, as most eligible healthcare services have been delayed. However, the demand for intravenous infusion pumps such as insulin infusion pumps and volumetric infusion pumps has increased. The majority of patients suffering from chronic diseases received treatment away from home to avoid the risk of spreading the disease and to simplify health services.
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