Infinium Global Research Infusion Pumps Market | Page 2
Infusion Pumps Market: Trends and Forecast -2024
The Infinium Global Research analyzes the report of Infusion Pumps Market over
the period of 2018 to 2024. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in
Global Infusion Pumps Market. It will help a lot of decision makers to develop
strategies and find new opportunities in the Global markets of Infusion Pumps.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Infusion Pumps Market during the said period. The report also provides market
attractiveness analysis, by geography, and market share analysis, by key players
respectively. Some of the prominent participants in the Global Infusion Pumps
Market are types (ambulatory infusion pumps, implantable infusion pumps, syringe
pumps), application (diabetes, gastroenterology, chemotherapy, pediatrics), end
user (hospitals, ambulatory care settings and home care settings) According to
report the global infusion pumps market is projected to grow at a CAGR of 5.6%
over the forecast period of 2018-2024.
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Infusion pumps are medical devices that are used to deliver fluids including
nutrients and medications such as insulin, antibiotics, chemotherapy drugs, pain
relievers and hormones into a patient’s body in a controlled manner. They are used
widely for used in clinical settings such as hospitals, nursing homes, and at the
home. Some of the infusion pumps are designed mainly for the stationary use at a
patient’s bedside and other pumps are designed to be portable or wearable. They
are used in the treatment of chronic diseases in delivering medication. Infusion
pumps are divided into two classes such as large-volume pumps (LVPs) and small-
volume pumps (SVPs).In LVPs, fluids are usually contained in the in an IV bag or in
the bottles. In addition, computer-controlled infusion pumps signify an
improvement in the accuracy and safety.
The factor such as growing prevalence of diabetics, gastrointestinal disorders and
chronic pain along with rapid growth in Geriatric population and rising awareness
related to home health care is the major driver boost the infusion pumps market.
Moreover, Growing demand for portable infusion pumps to minimize the
healthcare expenditure is also escalate the Market. Moreover, however, growing
adoption of Refurbished and Rental Infusion Pumps is restraining the growth of
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