The Global Infusion System Market report titled “Infusion System Market Research Report-Forecast to 2023″ is a specialist investigation report by Market Research Future includes broad essential research alongside the definite examination of subjective and additionally quantitative perspectives by different industry specialists, key sentiment pioneers to pick up a more profound understanding of the market and industry execution. Considering all these factors The Global Infusion System Marketresearch report is expected to reach $ 9.71 billion at the rate of about 5% from 2017 to 2023.
Market Research Future published new report, titled “Infusion Pump Market -Research Report: Global Forecast to 2023”.
Market Highlights of Global Infusion System Market:
The global infusion pump market has been evaluated as steadily growing market and expected that the market will reach high growth figures. There has been a tremendous growth in the adoption rate of the infusion system in the delivery of medication and other necessary fluids into the body. The main purpose of the infusion pump is to control the flow of the fluid while being delivered into the body of the patient. Infusion pumps are capable of delivering fluids in large or small amounts and at different flow rates. These are used to deliver nutritional fluids such as minerals, salts, saline solution, and medicinal fluids such as insulin, other hormones, chemotherapy drugs, antibiotics, and pain relievers. The increasing use of infusion pumps is driving the growth of the market. Additionally there are some factors such as rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements in the infusion pumps from the leading market players are believed to boost the infusion pump market.
On the other hand, Patient safety is one of the major concern in the infusion therapy. As the process involves direct contact with the blood and the body fluids, there is a high risk of infection that can be caused by number of reasons. Due to lack of proper safety precautions during the infusion, use of the non-sterilized or used needles and other disposables, the chances of infection may increase. Miss-management in these procedures can cause severe consequences and it poses severe threat for the patients. Furthermore, unmet medical needs in the low income countries may affect the infusion pump market. As the economic condition of such countries is very poor, the government is not able to provide the basic medical needs for the people. Lack of proper healthcare infrastructure leads to the death of people because of not getting the proper treatment in time. All these factors can hamper the growth of the infusion pump market.
Global Infusion System Market Players:
The major participants of this market are 3M, B. BRAUN MELSUNGEN AG, Baxter, Becton, Dickinson and Company, Fresenius Kabi AG, ICU Medical, Inc, Smiths Medical, and Terumo Medical Corporation.
Regional Analysis of Infusion System Market:
Depending on geographic region, infusion pump market is segmented into four key regions: North America, Europe, Asia Pacific, and Middle East & Africa. Globally North America is the largest market for infusion pump. The North America market for infusion pump is expected to reach at USD 2.42 billion by the end of the forecasted period. Europe is the second-largest market for infusion pump which is expected to grow at a CAGR of 5.2%. Asia pacific region is expected to be fastest growing region in infusion pump market. Middle East & Africa region is projected to have a limited growth.
The report for Infusion pump market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Key Finding of Infusion System Market:
- The infusion pump global market and is expected to reach $9.71 billion by 2023.
- Volumetric holds the largest share of 37.1% of the market.
- North America holds the largest market share of Infusion pump market and is anticipated to reach $3.49 billion by the end of forecast period.
- Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 5.4% during the forecast period.
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Segmentation of Infusion System Market:
Infusion pump market has been segmented on the basis of pump type which comprises of volumetric pump, syringe pump, ambulatory pump & others. Volumetric pump accounted for the largest market share of the total market in 2016. On the basis of application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016. On the basis of end user, market is segmented into hospitals, ambulatory surgical centers, homecare, and others. Hospitals dominated the global market with the largest market share in 2016.
Major TOC of Infusion System Market:
Chapter 1 REPORT PROLOGUE$ 1,350.00
Chapter 2 MARKET INTRODUCTION$ 0.00
Chapter 3 RESEARCH METHODOLOGY$ 0.00
Chapter 4 MARKET DYNAMICS$ 950.00
Chapter 5 MARKET FACTOR ANALYSIS$ 950.00
Chapter 6 GLOBAL INFUSION PUMP MARKET, BY TYPE$ 1,650.00
Chapter 7 GLOBAL INFUSION PUMP MARKET, BY APPLICATION$ 1,650.00
Chapter 8 GLOBAL INFUSION PUMP MARKET, BY END USER$ 1,650.00
Chapter 9 GLOBAL INFUSION PUMP MARKET, BY REGION$ 1,650.00
Chapter 10 COMPANY LANDSCAPE $ 1,050.00
Chapter 11 COMPANY PROFILE$ 900.00
Chapter 12 LIST OF TABLES$
TABLE 1 GROWTH DRIVERS: IMPACT ANALYSIS 24
TABLE 2 PRICING RANGE OF PUMPS 30
TABLE 3 GLOBAL INFUSION PUMP MARKET BY TYPE, 2014-2023 (USD MILLION) 32
TABLE 4 GLOBAL VOLUMETRIC PUMP MARKET BY REGION, 2014-2023 (USD MILLION) 33
TABLE 5 GLOBAL SYRINGE PUMP MARKET BY REGION, 2014-2023 (USD MILLION) 34
TABLE 6 GLOBAL AMBULATORY PUMP MARKET BY REGION, 2014-2023 (USD MILLION) 35
Chapter 13 LIST OF FIGURES$
FIGURE 1 MARKET STRUCTURE OF GLOBAL INFUSION PUMP MARKET 17
FIGURE 2 RESEARCH PROCESS 18
FIGURE 3 FORECAST MODEL 20
FIGURE 4 GLOBAL INFUSION PUMP MARKET: MARKET DYNAMICS 21
FIGURE 5 PORTERS FIVE FORCES MODEL 28
FIGURE 6 GLOBAL INFUSION PUMP MARKET BY TYPE, 2016 & 2023 (USD MILLION) 32
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