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Infusion Pumps Market to Grow at a CAGR of Nearly 6% through 2028

Press release Description

Albany, New York, December 26, 2018: Demand for infusion pumps remains affected by various factors ranging from increasing reimbursement values with regard to home care vis-à-vis hospital-associated treatments, to the FDA recommendations for equipping infusion pumps with safety features including alerts related to adverse drug interaction.

Additionally, there has been a rise in adoption of ambulatory and analgesic variants of infusion pumps in recent years. This can be primarily attributed to rising number of hospital admissions of cancer patients with chronic pain, where infusion pumps are essentially used for administering drugs.

Similarly, diabetes cases have also increased significantly, wherein patients need small self-controlled infusion pumps for monitoring their blood sugar level. The aforementioned insights are mentioned in the report titled, “Infusion Pumps Market: Insulin and Ambulatory Pumps to Witness Rapid Increase in Demand: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” included recently in the extensive database of Market Research Reports Search Engine’s (MRRSE).

On the basis of product type, volumetric pumps in 2017 was valued at $752.9 million. Furthermore, infusion pumps market is predicted to grow at a CAGR of nearly 6% for the forecast period 2018-2028. The report opines that mergers & acquisitions between manufacturers will further open more growth avenues for the infusion pumps market.

Infusion Pumps Market: Contents of the Report

Infusion pumps market research report includes the key market dynamics, such as drivers, opportunities, challenges, and trends that affects the growth of the infusion pumps market. Besides the detailed assessment of the infusion pumps market, the report also sheds light on several factors that drive popularity of infusion pumps market.

The report starts with an overview of the infusion pumps market, wherein an introduction to the market has been offered along with an accurate definition of the target area – infusion pumps. Additionally, detailed analysis of the infusion pumps market on the basis of key segments is recognized. The market is divided into four segments, such as, type architecture design, region, and industry. The segmental analysis helps the new entrants to study the infusion pumps market carefully and to use it to their advantage to form their business strategies.

Infusion Pumps Market: Assessment on Competitive Landscape

Various stakeholders strategies present in the market research report will help the readers to take fact-based decisions. The report has briefly covered detailed analysis of the competitive landscape of the infusion pumps market, wherein a brief view of the key players involved in the market has been offered.

Additionally, detailed profiles of key players in the market have been included in the report for studying their short-term and long-term expansion strategies. The market report is helpful for new players who are planning on joining the market as it will help them to form their business strategies.

Some of the key players of the infusion pumps market are Dickinson and Company, Smiths Medical, Pfizer (Hospira) Inc, B.Braun Melsungen AG., Terumo Corporation, Dickinson and Company, Baxter International Inc., Johnson & Johnson Private Ltd, Becton, MOOG Inc., and Fresenius Kabi AG.

Browse Full Global Infusion Pumps Market Report with TOC :

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