Infusion Pumps Market Global Demand, Growth, Opportunities, Top Key Players and Forecast to 2030 |
The infusion pumps market is estimated to display a healthy 5.4% CAGR between the forecast years 2020 and 2030. The infusion pumps market is likely to find major growth opportunities for the duration of the coronavirus pandemic. High demand and shortage of infusion pumps to treat the unprecedented numbers of coronavirus patients around the world has generated a massive short-term surge in demand. Faster regulatory approvals during this period will further boost market prospects.
“The growing numbers of chronic diseases cases along with demand for infusion pumps in ambulatory settings, are major contributors to infusion pump manufacturers. Demand is also supported by higher numbers of surgical procedures in hospitals, sustaining long term growth,” states the FMI analyst.
For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-859
Infusion Pumps Market- Critical Takeaways
- Home care applications of infusion pumps exhibit fast growth owing to lower costs and development of ambulatory pumps.
- Patient control analgesia pumps are witnessing increased adoption with, high demand for pain management applications.
- Developing economies in Asia Pacific and Latin America are displaying faster growth, on the back of growing availability of treatment options for a wide range of chronic ailments.
Infusion Pumps Market- Drivers
- Higher accuracy of dosage administration in comparison to manual alternatives support adoption.
- Strong rise in demand for ambulatory infusion pumps for hospital and home care settings aid growth of demand.
Infusion Pumps Market- Restraints
- The potential for risk of hacking in digital infusion pumps is a major challenge for manufacturers.
- Strict regulations governing the production and use of infusion pumps hurts growth.
Coronavirus Impact on Infusion Pumps Market
The impact of the covid-19 outbreak on the infusion pumps market has largely been positive. The unprecedented growth in the number of patients in the pandemic has put severe strain on the healthcare systems, infusion pump assets in healthcare facilities are falling significantly short to meet the growing patient numbers, boosting short term demand. Consequently, regulators are pushing for faster approval of new product offerings in the market, which will also bolster near-term prospects.
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-859
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the infusion pumps market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Fresenius Kabi AG, Terumo Corporation, Medtronic Plc, Baxter International Plc., Smith Medical, MOOG Inc., Johnson & Johnson Services Inc., ICU Medical Inc. and Becton Dickinson & Company.
Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape
Chemotherapy Induced Thrombocytopenia Market FMI’s analysis gives an insight into key market trends, strategies, regional players and various segments on the basis of form, type, application and region.
Endotracheal Tube Cuffs Market Find insights into global market scenario and segmentation on the basis of ingredients, application, source and region.
Peptide Antibiotics Market FMI’s report highlights parent market trends and strategies in the market with segments and dynamics through the forecast period.
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: email@example.com
For Media Enquiries: firstname.lastname@example.org