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DUBLIN--(BUSINESS WIRE)--Sep 16, 2022--
The "Infusion Pump Market Size, Share, Trends Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global infusion pump market size is expected to reach USD 28.01 Billion in 2030 and register a revenue CAGR of 9.4% over the forecast period, according to latest report.
Companies Mentioned
An infusion pump delivers liquids, such as nutrients and medications, into a patient's body in controlled amounts. It is mostly used for intravenous therapies and enteral nutrition. The product is also useful for ophthalmic applications and chemotherapy among others.
According to the World Health Organization (WHO), over 80% of the world's population lacks access to essential medicines, which are mostly administered through infusion pumps. The lack of trained personnel and awareness about the importance of these devices is also hindering market growth. However, the market is expected to witness a significant boost in demand from the home healthcare segment over the forecast period.
Rapid implementation of advanced technologies in the field of healthcare, growing preference for homecare settings, and increasing number of surgical procedures are the key factors driving the growth of the global infusion pumps market.
Some of the benefits associated with infusion pumps include precise administration of drugs and fluids, reduce chances of errors, and provide better patient care. However, high cost of these devices and stringent government regulations are the key factors restraining the growth of this market.
Some Key Highlights in the Report
For the purpose of this report, the author has segmented the global infusion pump market based on product type, application, material, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Material Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
For more information about this report visit https://www.researchandmarkets.com/r/8w8ytj
View source version on businesswire.com:https://www.businesswire.com/news/home/20220916005446/en/
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KEYWORD:
INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 09/16/2022 12:21 PM/DISC: 09/16/2022 12:21 PM
http://www.businesswire.com/news/home/20220916005446/en