This report offers a detailed analysis of the Infusion System Market on a global level which is published by Market Research Future. The report discusses all the parameters that are likely to influence the market. The report users will gain access to drivers, restrains and opportunities that are expected to govern the market during the forecast period 2018-2025.
Infusion System Market – Key Finding
- The Infusion System Global Market is expected to reach $44.33 billion by 2025.
- IV disposable holds the largest share of 66.7% of the market.
- North America holds the largest market share of Infusion System market and is anticipated to reach $15.79 billion by the end of forecast period.
- Globally, Asia-Pacific is the fastest growing region and expected to grow at the rate of 5.3% during the forecast period.
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Infusion System Market – Regional Analysis
Depending on geographic region, infusion system 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 system. The North America market for infusion system is expected to reach at USD 15.79 billion by the end of the forecasted period. Europe is the second-largest market for infusion system which is expected to grow at a CAGR of 5.1%. Asia pacific region is expected to be fastest growing region in infusion system market. Middle East & Africa region is projected to have a limited but steady growth.
Infusion System Market – Key Players
Some of the key players in this market are:
- 3M
- BRAUN MELSUNGEN AG
- Baxter
- Becton, Dickinson and Company
- Fresenius Kabi AG
- ICU Medical, Inc.
- Smith’s Medical
- Terumo Medical Corporation
Infusion System Market – Segmentation
Infusion System market has been segmented on the basis of product type which comprises of IV disposable, Infusion pump, and others. IV disposable 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, specialty oncology wards, homecare, and others. Hospitals dominated the global market with the largest market share in 2016.
Infusion System Market – Highlights
The Global Infusion System 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 can deliver 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 systems from the leading market players are believed to boost the infusion system 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 system 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 system market.
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The report for Infusion System 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 detail 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.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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