Market Industry Reports (MIR) has published a new report titled “Infusion Pump Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global infusion pump market is estimated to be over US$ 11.5 Bn in 2018. It is anticipated to grow at a CAGR of 5.5% from 2019 to 2030.
New York, NY -- (SBWIRE) -- 03/04/2020 -- Infusion pump is used to deliver fluids like medications and nutrients in a controlled quantities in the patient's body. They are increasingly used in hospitals, nursing homes, and home care. Infusion pumps are majorly operated by skilled professionals, who record the duration and rate of fluid delivery via integrated software. The different types of infusion pumps comprise patient-controlled analgesia (PCA), large volume, elastomeric, enteral, syringe, and insulin pumps. Two other pumps used are stationary and portable. Stationary pumps are placed beside the patient and portable pumps are used for ambulatory purposes.
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The Key Competitors operating in the global Infusion Pump Market are Baxter International, BD, B. Braun Melsungen AG, ICU Medical, Inc., Fresenius Kabi AG, Medtronic, Terumo Corporation, Halyard Health, Mindray Medical International Limited and Insulet Corporation, among others.
Some medical infusion pumps are specially designed to alert the physician in case of blockage of air or any other unexpected material. These pumps are incorporated with effectively safety features, ensuring complete safety of the patient. Some of the modernized pumps available, alert the user in case of adverse drug delivery.
Infusion Pump Market Segmentation:
Infusion Pump By Product:
-Accessories/Consumables
-Devices
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Infusion Pump By Region:
-North America
-Asia Pacific
-Europe
-Rest of World (ROW)
Infusion Pump By End user:
-Hospitals
-Ambulatory Surgical Centres
-Specialty Clinics
In addition, the innovation has decidedly affected the development of diabetic infusion pens such improving medicinal services result, more noteworthy exactness and comfort of checking information effectively. For example, ESYSTA framework, an item produced by Emperra GmbH E-Health Technologies which is completely mechanized, transmits information from the blood glucose meter and insulin pens utilizing GSM and Bluetooth remote innovation. Such factors are foreseen to support the diabetic infusion pens advertise during the figure time frame.
Key Findings of Infusion pump Report:
- To estimate and analyze the global size of the Infusion Pump market
- To provide a clear picture of segments in the global Infusion Pump market and assess the market size of the segments
- To assist readers understand current and future industry scenarios
- To provide essential information about latest trends in the global Infusion Pump market and its major segments
- To provide details on key drivers, restraints, and opportunities of the global Infusion Pump market
- To accurately calculate the market shares of major segments, regions, and companies in the global Infusion Pump market
- To provide details regarding crucial strategies adopted by leading players of the global Infusion Pump market
- To examine the contribution of each region or country to the global Infusion Pump market
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