Infusion Pumps Market – Key Drivers, Key Opportunities, Product Benchmarking, Along with Key Industry Players and Latest Acquisitions and Mergers.
The market for Infusion Pumps size was valued at USD 9.12Bn. in 2021 and the total Infusion Pumps revenue is expected to grow at a CAGR of 8.8% from 2022 to 2029, reaching nearly USD 17.91 Bn.
A report on the Infusion Pumps market has been released by Maximize Market Research, a renowned global provider of data and research on the regional and global aerospace and defence sector. The research provides market sizes by region and predictions through 2029 in addition to other key business information.
The research covers a wide range of market- and industry-related topics. Product launches, company growth, alliances, joint ventures, and acquisitions are a few marketing strategies. The creation of this study has taken into account all significant elements of market research that are essential to the situation of the industry today. This market research analysis also covers the key business trends, challenges, and opportunities. The leading business consultant for the aerospace and defence sector, Maximize Market Research, recently published a report on the competitive landscape and market intelligence for the Infusion Pumps Market. An expert with 18 years of expertise looked at the market from both a domestic and international viewpoint using both primary and secondary data.
Infusion Pumps Market Overview:
By conducting a detailed statistical analysis of current and emerging trends, the fundamentals of the Infusion Pumps Market may be better understood. In order to assess the importance of numerous aspects, including threats provided by diverse agents, competitive strength, and the understanding of a resource by ambitious young enterprises, the study examines Porter’s five forces. The study looked at each country at the micro level to establish the total market size by countries and market categories. With the use of a method known as bottom-up forecasting, the size of the regional and global markets is determined. A micro level analysis of each country will reveal how much the underground market contributes to the growth of the larger market. The findings were supported by in-depth interviews with well-known local business owners. The information used in secondary research is obtained from both for-profit and open-access sources, and it is then analysed. The sources for consumption by category and supply by each player in each country are actual government data, commercial databases, and annual reports of publicly traded companies.
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Infusion Pumps Market Segmentation:
Infusion pumps dominated the market in 2021 with a market share of 32% dominated by volumetric infusion pumps. At the conclusion of the forecast period, the segment is anticipated to continue to lead with the highest share. The substantial market share of these pumps was due to their capacity to provide consistent and very precise fluid quantities at speeds ranging from extremely slow to extremely quick. Comparing the market potential of different pumps, volumetric infusion pumps have the most uses in the management of illnesses and parenteral nutrition. The increased demand for infusion pumps is a result of its safety, accuracy, and simplicity in the treatment of many therapeutic areas.
Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- South America
In the research’s examination of the Infusion Pumps Market, cost structures, market shares, the producers’ supply networks, and the laws and regulations in force at the time are all taken into account. It is possible to analyse the regional markets for the Infusion Pumps Market by comparing the cost of locally produced goods to the profit made.
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Infusion Pumps Market Key players:
• Becton, Dickinson, and Company (US)
• Baxter International (US)
• B. Braun (Germany)
• ICU Medical (US)
• Fresenius Kabi (Germany)
• Smiths Medical (US)
• Medtronic PLC (Ireland)
• Moog Inc. (US)
• Avanos Medical, Inc. (US)
• Nipro Corporation (Japan)
• Terumo Corporation (Japan)
• Insulet Corporation (US)
• Ypsomed Holding AG (Switzerland)
• Tandem Diabetes Care (US)
• JMS Co., Ltd. (Japan)
• Micrel Medical Devices SA (Greece),
• InfuTronix Solutions LLC (US)
• Zyno Medical LLC (US)
• Roche Diagnostics (Switzerland)
• Teleflex, Inc. (US)
• Mindray Medical International Limited (China)
• Epic Medical (Singapore)
• SOOIL Development Co., Ltd. (South Korea)
• Shenzhen MedRena Biotech Co., Ltd. (China)
• CODAN Medizinische Geräte GmbH & Co KG (Germany)
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