This report describes and explains the global ambulatory IV infusion pump market and covers the years 2015 to 2020, referred to as historical period, and 2020 to 2025, referred to as forecast period, along with other forecasts for 2025-2030. The report assesses the market in each region and for the major economies in each region.
LONDON, September 09, 2021 (GLOBE NEWSWIRE) – According to The Business Research Company’s research report on Ambulatory IV Infusion Pumps Market, Increasing Prevalence of Chronic Diseases, Growing Demand for Improved Infusion Pumps, Impact of COVID -19, increase in healthcare expenditure and increase in oncology cases in the geriatric population will drive the growth of ambulatory infusion pump market. Factors that might hamper the growth of the market in the future include strict regulations, lack of skilled and trained professionals to administer the drugs, and low awareness of healthcare.
Definition of ambulatory infusion pumps
Ambulatory infusion pumps are typically plastic portable devices that consist of a disposable syringe, a collapsible pocket reservoir, a mechanism for propelling the infusion, a rate control mechanism, and a means of delivery. ” display alarm conditions and / or user prompts. They are used for the controlled delivery of drugs into the patient’s body. These infusion pumps are suitable for delivering fluids in large or small amounts and could be used to deliver nutrients or drugs such as insulin or other hormones, antibiotics, chemotherapy drugs, and pain relievers.
Ambulatory IV infusion pumps are suitable for patients who require routine or continuous infusions. These pumps can be attached to clothing or carried in an ambulatory pump pouch to deliver medication and allow the patient to walk without the need for an IV rod and perform daily activities without the need to stay in the hospital or to be bedridden. Market in value in this report is defined as the revenues that businesses make from the goods and / or services within the specified market and geography. It does not include revenue from cross-industry sales and resales, whether further down the supply chain or as part of other products. Only goods and services traded between entities or sold to final consumers are included. Whether expressly stated or not, markets for goods include related services, and contracts for services include related goods.
The Ambulatory IV Infusion Pumps Market covered in this report is segmented by Type into Disposable Ambulatory Infusion Pumps, Chemotherapy Infusion Pumps, By End User in Hospitals, Home Care, Other, and by Application in Chemotherapy / Oncology , diabetes, gastroenterology, analgesia / pain management, pediatrics / neonatology, hematology, other applications.
The market is segmented by therapy into chemotherapy infusion pumps, anti-infective infusion pumps, and others. Anti-infective infusion pump was the largest segment of the ambulatory IV infusion pump market segmented by therapy, accounting for 47.9% of the total in 2020. In the future, the chemotherapy infusion pump segment is expected to be the The fastest growing segment in the Ambulatory IV Infusion Pump Market segmented by therapy, at a CAGR of 2.4% during the period 2020-2025.
The commercial research companythe report titled Global Ambulatory IV Infusion Pumps Market Report 2021 – By Type (Disposable Infusion Pump, Chemotherapy Infusion Pump), By End User (Hospitals, Home Care), By Application (Chemotherapy / Oncology, Diabetes, Gastroenterology, Analgesia / Pain Management, Pediatrics / Neonatology, Hematology, Other Applications), Growth And Change COVID-19 covers major Ambulatory IV Infusion Pump Companies, Ambulatory IV Infusion Pump Market Share by Company, Ambulatory IV Infusion Pump Manufacturers, Ambulatory IV Infusion Pump Market Size and Pump Market Forecast ambulatory IV infusion. The report also covers the global ambulatory IV infusion pump market and its segments.
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Market size And Growth forecasts
The global ambulatory IV infusion pump market size is expected to grow from $ 0.04 billion in 2020 to $ 0.04 billion in 2021 at a compound annual growth rate (CAGR) of -2.1%. The slow decline in the market is mainly due to the fact that companies have reduced production after meeting demand which increased exponentially during the COVID-19 pandemic in 2020. The market for ambulatory IV infusion pumps is expected to reach 0 .06 billion dollars in 2025 at a CAGR of 6%.
North America is the largest region in the ambulatory IV infusion pump market, accounting for 35.3% of the total in 2020. Looking ahead, the fastest growing regions in the IV infusion pump market outpatients will be Eastern and Western Europe, where growth will be at CAGRs of 3.2% and 2.3% respectively during 2020-2025.
The global ambulatory IV infusion pump market is concentrated with a small number of major players. The top ten competitors in the market accounted for 69.74% of the total market in 2020. The major market players are Becton, Dickinson and Company, Baxter International, B. Braun Holding GmbH & Co. KG, Smiths Medical and ICU Medical. , Inc.
Global Ambulatory IV Infusion Pump Market Report 2021 – COVID-19 Growth and Change is part of a series of new reports from The commercial research company which provide market overviews, analyze and forecast market size and growth for overall market, segments and geographies, trends, drivers, restraints, revenue, profiles and market share from leading competitors in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. A team of highly experienced and expert analysts and modelers provide market analysis and forecast. The reports identify major countries and segments for opportunities and strategies based on market trends and approaches of major competitors.
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