The geriatric population is growing at a rapid rate globally. With the growing age, there are higher chances of chronic diseases. Age is a major factor for any chronic disease progression since age is an important parameter affecting fundamental biological mechanisms. Chronic diseases such as cancer are more prevalent in the geriatric population, with approximately 60 percent of cancers occurring in elderly populace age group older than 65. Thus, the increasing rate of the geriatric population is likely to enhance the market growth.
Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/infusion-pump-market-accessories-software-market
Data Bridge Market Research analyses a growth rate in the Global Infusion Pump Systems, Accessories and Software Market is expected to reach USD 19,724.91 million by 2029 from USD 8,816.51 million in 2021, with a CAGR of 10.9% in the forecast period of 2022 to 2029. Rise in healthcare expenditure will likely to increase the growth of the global infusion pump systems, accessories and software market.
The rising incidence of chronic diseases is expected to drive the market's growth rate
The high prevalence of chronic diseases because of the rapidly growing population and infections can be seen worldwide. Individual risk factors, lack of physical activities, environmental factors, and human lifestyles are some of the major factors that further contribute to increasing incidences of diseases. The evaluation of chronic disorders will further lead to the increasing demand for clinical studies through different routes of administration of drug deliveries in human body. Moreover, the augmented risks of chronic diseases directly increase the demand for the infusion pump systems, accessories, and software required to treat such conditions. Thus, the growing number of chronic diseases is anticipated to drive the growth of the market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014- 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product Type (Infusion Pump Systems, Infusion Pump Accessories and Infusion Pump Management Softwares), Application (General Infusion, Pain And Anesthesia Management, Insulin Infusion, Enteral Infusion, Chemotherapy, Pediatrics/Neonatology, Hematology, Gastroenterology and Others), Type (Traditional Infusion Pumps and Specialty Infusion Pumps), Usage (Disposable and Reusable), Infusion Method (Intravenous, Arterial, Subcutaneous and Epidural), Infusion Type (Continuous Infusion and Intermittent Infusion), Operation Type (Syringe Pump, Elastomeric Pump, Peristaltic Pump, Multi-Channel Pump and Smart Pump), End User (Hospitals And Clinics, Home Healthcare, Ambulatory And Surgical Centers, and Others), Distribution Channel (Direct Tender and Retail Sales)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
B. Braun Melsungen AG (Germany), Baxter (U.S.), BD (U.S.), Medtronic (Ireland), F. Hoffmann-La Roche Ltd (Switzerland), ICU Medical, Inc. (U.S.), Moog, Inc. (U.S.), Micrel Medical Devices (Greece), Fresenius Kabi (Germany), Ypsomed AG (Switzerland), Nipro Europe Group Companies (Russia), AngioDynamics (U.S.), Teleflex Incorporated (U.S.), Shenzhen ENMIND Technology Co., Ltd. (China), Halyard Health (U.S.), ZynoMed.com (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Terumo Medical Corporation (U.S.), Care Everywhere LLC (U.S.), ZOLL Medical Corporation (U.S.), Samtronic Industria e Comercio LTDA (Brazil), Caesarea Medical Electronics (Israel), among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
The infusion pump systems, accessories and software market is segmented on the basis of product type, application, type, usage, infusion method, infusion type, operation type, end user and distribution channel.
- On the basis of product type, the global infusion pump systems, accessories and software market is segmented into infusion pump systems, infusion pump accessories and infusion pump management softwares. Infusion pump systems segment is expected to dominate the global infusion pump systems, accessories and software market with a market share of 48.0% due to the capability to deliver fluids in very small volumes and at precisely automated intervals.
- On the basis of application, the global infusion pump systems, accessories and software market is segmented into general infusion, pain and anaesthesia management, insulin infusion, enteral infusion, chemotherapy, pediatrics/neonatology, hematology, gastroenterology and others. General infusion pumps segment is expected to dominate global infusion pump systems, accessories and software market with a market share of 22.8% because of increasing usage of delivery fluids such as medications and nutrients in case of emergencies followed by the increasing technological advancements in the infusion pumps systems.
- On the basis of type, the global infusion pump systems, accessories and software market is segmented into traditional infusion pumps and specialty infusion pumps.
The traditional infusion pumps segment of type segment is anticipated to dominate the infusion pump systems, accessories and software market
Traditional infusion pumps segment is expected to dominate global infusion pump systems, accessories and software market with a market share of 53.4% because of growing incidence of chronic diseases coupled with the rapid growth of the elderly population.
- On the basis of usage, the global infusion pump systems, accessories and software market is segmented into disposable and reusable. Disposable segment is expected to dominate the global infusion pump systems, accessories and software market with a market share of 53.8% because of their small size, simplicity of use, light weight, independence from an external power supply, disposability and elimination of programming errors.
- On the basis of infusion method, the global infusion pump systems, accessories and software market is segmented into intravenous, arterial, subcutaneous and epidural.
The intravenous segment of infusion method segment is anticipated to end user the infusion pump systems, accessories and software market
Intravenous segment is expected to dominate the global infusion pump systems, accessories and software market with a market share of 38.1% because of high prevalence of chronic diseases followed by the increasing technological advancements in the infusion pumps systems.
- On the basis of infusion type, the global infusion pump systems, accessories and software market is segmented into continuous infusion and intermittent infusion. Continuous infusion segment is expected to dominate the global infusion pump systems, accessories and software market with a market share of 66.8% because it reduces the likelihood of artefacts and offers a steady state concentration of microbubbles. It also allows calculation of myocardial blood flow, as both microbubble velocity and myocardial blood volume.
- On the basis of operation type, the global infusion pump systems, accessories and software market is segmented into syringe pump, elastomeric pump, peristaltic pump, multi-channel pump and smart pump. Syringe pump segment is expected to dominate the global infusion pump systems, accessories and software market with a market share due to easy and fast to use. Syringe pumps enable the user to it at an accurate speed. High-Pressure Syringe pumps are able enough of setting a target pressure to run the experiment.
- On the basis of end user, the global infusion pump systems, accessories and software market is segmented into hospitals and clinics, home healthcare, ambulatory and surgical centers and others. The hospitals and clinics segment is expected to dominate the infusion pump systems, accessories and software market with a market share of 46.3% because hospitals have all the facilities to treat patients. They can directly contact doctors and take effective treatment.
- On the basis of distribution channel, the global infusion pump systems, accessories and software market is segmented into direct tender and retail sales. The direct tender segment is expected to dominate the infusion pump systems, accessories and software market with a market share of 57.8% because direct tenders have no need of doctors' prescriptions and can be easily bought for use.
Major Players
Data Bridge Market Research recognizes the following companies as the major infusion pump systems, accessories and software market players in infusion pump systems, accessories and software market B. Braun Melsungen AG (Germany), Baxter (U.S.), BD (U.S.), Medtronic (Ireland), F. Hoffmann-La Roche Ltd (Switzerland), ICU Medical, Inc. (U.S.), Moog, Inc. (U.S.), Micrel Medical Devices (Greece), Fresenius Kabi (Germany), Ypsomed AG (Switzerland), Nipro Europe Group Companies (Russia), AngioDynamics (U.S.), Teleflex Incorporated (U.S.), Shenzhen ENMIND Technology Co., Ltd. (China).
Market Development
- In 2021, Mindray Medical announced the launch of BeneFusion e series- eSP, eVP, and eDS. These series will provide seamless and stable infusions with a smooth automatic multi-channel relay equipped with Smart AIR technology
- In 2020, Ivenix, Inc., announced the launch of Epic, an intelligent pump for preventing medical errors interoperability. This aids in advancing clinical quality, operational efficiency and patient outcomes in infusion delivery. This results in reducing the implementation resources and timeline to synchronize the drug library with the formulary.
Regional Analysis
Geographically, the countries covered in the infusion pump systems, accessories and software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in infusion pump systems, accessories and software market during the forecast period 2022 to 2029
North America dominates the infusion pump systems, accessories and software market because of growing technological advancement in the developing areas of this region. Furthermore, increasing chronic disorders and the rapid adoption of technologically advanced products for the regular treatment of chronic disease condition will further enhance the market growth in this region.
Asia-Pacific is estimated to be the fastest-growing region in infusion pump systems, accessories and software market the forecast period 2022 to 2029
Asia-Pacific is expected to grow from 2022 to 2029 because of the growing geriatric population and augmented accessibility to advanced healthcare facilities in this region. Additionally, growth and expansion of private-sector hospitals in rural areas will further boost the market growth in this region.
For more detailed information about infusion pump systems, accessories and software market report, click here – https://www.databridgemarketresearch.com/ko/reports/infusion-pump-market-accessories-software-market
