Infusion Pumps Market: Emerging Trends & Upcoming Medical Devices Research Date: 02-24-2017 05:02 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Medical Devices
A new Transparency Market Research report states that the global infusion pumps market stood at US$5.41 bn in 2012 and is predicted to reach US$7.77 bn by 2019, expanding at a CAGR of 5.30% from 2013 to 2019. The title of the report is, “Infusion Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.� Browse Full Report Infusion Pumps Market (Large Volume, Disposable, Syringe, Ambulatory, Implantable) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Research Report With Full TOC @ www.transparencymarketresearch.com/infusion-systems-marke... Infusion pumps are utilized to infuse medication, nutrients, and fluids into the circulatory system of a patient. They can administer fluids in ways which if done manually by nursing staff are unreliable or impractically expensive. Infusion pumps are capable of producing considerably high but controlled pressure levels so as to inject controlled amount of fluids epidurally or subcutaneously. Infusion pumps are most commonly utilized intravenously, although arterial, epidural, and subcutaneous infusions are also employed occasionally. As per the report, the rising count of patients suffering from cancer, chronic pain, and diabetes is a major factor fuelling the market for infusion pumps. In addition, the increasing aging population and the rising proliferation of products with advanced technologies are also amongst the chief factors stimulating the market for infusion pumps. On the other hand, some obstacles may arise in the infusion pump devices, especially those relating to product recalls, thus inhibiting the growth of the market. In terms of product, the infusion pumps market is segmented into large volume, syringe, disposable, implantable, and ambulatory infusion pumps. Amongst these, the segment of large volume infusion pumps led the market in 2012 with a share of 36.9% on the basis of revenue. This segment is predicted to maintain its superiority all through the forecast horizon owing to wider infusion time range and high accuracy infusions provided by large volume infusion pumps. This segment was trailed by the segment of disposable infusion pumps. On the basis of pumping channel, the report segments the market into multiple channel and single channel infusion pumps. In
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