Infusion Pump Market: A Study of the Industry's Current Status and Future Outlook - 4 minutes read
Emergen Research’s latest document, titled ‘Global Infusion Pump Market - Forecast to 2032,’ is one of the most sought-after market reports involving an in-depth analysis of the global Infusion Pump Market. The report’s authors have offered necessary details on the latest Infusion Pump Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Infusion Pump Market industry entails useful insights into the estimated Infusion Pump Market size, revenue share, and sales & distribution networks.
The global infusion pump market size is expected to reach USD 18.22 Billion in 2030 and register a steady revenue CAGR of 7.3%, according to latest analysis by Emergen Research. Rising demand for ambulatory infusion pumps in home care settings is a major factor driving market revenue growth. Ambulatory pumps are becoming more popular in homes owing to ongoing technological advancements and innovative uses. Infusion therapy can now be administered outside of hospital, including at home, as lightweight ambulatory pumps are being available. Ambulatory pumps are now utilized to provide drugs for a wide range of illnesses and ailments, including diabetes and chronic pain. Ambulatory infusion systems, which are useful in home care settings, aid in treatment of patient depression and other mental health difficulties connected with chronic health conditions.
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In view of the current COVID-19 pandemic, the growth of the Infusion Pump industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Infusion Pump sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Infusion Pump industry.
Competitive Outlook:
The global Infusion Pump market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Infusion Pump market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Companies profiled in the global Infusion Pump market:
Medtronic, Baxter, B. Braun SE, BD, Fresenius Kabi AG, Tandem Diabetes Care, Inc., vTitan Corporation Pvt. Ltd., Smiths Group plc, ICU Medical, Inc., and Terumo Corporation
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Market Scope:
One of the report’s central components is the broad Infusion Pump market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Volumetric Pumps
- Syringe Pumps
- Elastomeric Pumps
- Insulin Pumps
- Enteral Pumps
- Implantable Pumps
- Patient Control Analgesia (PCA) Pumps
Application Outlook (Revenue, USD Billion; 2019–2030)
- Diabetes
- Oncology
- Pain Management
- Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Hospitals
- Ambulatory Care Settings
- Specialty Clinics
- Home Care Settings
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Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report addresses the following key points:
The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Infusion Pump market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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