Global Implantable Infusion Pumps Market
Implantable Infusion Pumps are devices that are surgically implanted under the skin to deliver medication and fluids via a thin, flexible tube (catheter) to a specific part of the body. Infusion pumps are used to treat chronic pain, muscle spasticity, and many other diseases.
The global Implantable Infusion Pumps market is poised to grow at a CAGR of 6% over the next decade. The primary factor driving the growth of the implantable infusion pump market is the increasing prevalence of cancer, diabetes, and obesity globally.
Besides this, technological advancements have facilitated production of improved implantable infusion pumps, which will further boost the market growth.
However, safety concerns associated with implantable infusion pumps especially in the magnetic resonance environment coupled with stringent FDA policies may confine the market growth. Frequent product recalls will also have a negative impact on market growth.
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WHAT’S TRENDING IN THE IMPLANTABLE INFUSION PUMPS MARKET?
The Global Implantable Infusion Pumps Market report segments the market by product type, by application, by end-user, and by region.
Based on product type, the market is segmented into Piston Type Infusion Pumps and Creeping Type Infusion Pumps. Based on the application, the market is categorized into Cancer treatment, Spasticity treatment, and Pain management. Pain management is further sub-segmented into Malignant and Non-malignant pain management.
By end-user, the market is segmented into the hospital, specialty clinics, and ambulatory surgical centers.
Geographically, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW. In 2017, the market was dominated by North America owing to the rising demand for minimally invasive surgeries which will further assist the growth of implantable infusion pumps. Asia-Pacific will be the fastest growing market due to the high prevalence of chronic diseases. According to WHO, 60% of the burden of chronic diseases will occur in developing countries by the year 2020.
Key Players of Global Implantable Infusion Pumps Market =>
The report also profiles the following companies in the Implantable Infusion Pumps market –Codman and Shurtleff, I-Flow Corp/Hylard Health, Flowobix Medical, Inc., Medtronic, Tricumed Medizintechnik GmbH.
By Product Type
Piston Type Infusion Pumps
Creeping Type Infusion Pumps
Ambulatory Surgical Centres
Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
North America (The USA, Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Rest of the World
REASONS FOR PURCHASING THIS PRODUCT?
Visualize the composition of the Implantable Infusion Pumps market across each indication, regarding type and treatment options, highlighting the critical commercial assets and players.
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Excel data sheet with thousands of data points of the Implantable Infusion Pumps market – level 4/5 segmentation.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the critical Implantable Infusion Pumps of all major market players
WHO CAN BENEFIT FROM THIS REPORT?
Equipment Suppliers/ Buyers
Service Providers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Major Key Points of Global Implantable Infusion Pumps Market
- METHODOLOGY AND SCOPE
1.1 Research Methodology
1.2 Scope of the Report
- INDUSTRY TRENDS
2.1 Key Trends & Developments
- MARKET OUTLOOK
3.1 Market DriversIncreasing prevalence of cancer,
diabetes and obesity
Technological advancements have facilitated production of improved implantable infusion pumps
3.2 Market Restraints
Patient safety concerns
Stringent FDA policies
Frequent product recalls
Threats and Opportunities
Porter’s 5 Forces
- APPLICATION TYPE ANALYSIS
8.2 List of Tables
8.3 Expert Panel Validation
8.5 Contact Us