Ambulatory Infusion Pump Market report gives details about the market drivers and market restraints that help in knowing rise or fall of the demand of particular product with respect to market conditions. This industry analysis report comprises of estimations of recent state of the market, CAGR values, market size and market share, revenue generation, and necessary changes required in the future products. Strategic aspects of the Healthcare industry such as product development and specification, technology, niche growth opportunities, application modelling, and new geographical markets can be undertaken with the vast information and data included in this Ambulatory Infusion Pump Market report.
Ambulatory Infusion Pump Market, By Product Type (Ambulatory infusion pumps, Ambulatory infusion pumps Disposables, Accessories), Therapies (Parenteral Nutrition, Pain Management, Parkinson, Immunotherapy, Thalassemia, Chemotherapy, Hydration, Antibiotics, Analgesia and others), Platform (Web Based and Non Web Based), By Data Transmission (Historical Data and Real Time Data), Procedure (Subcutaneous, Epidural, Perineural, Intravenous Infusion And Others), Pump Type (Multiple Therapy Pump, Pain Management Pump, Epidural Pump, Twin Ambulatory Dual-Channel Pump, Multi-Therapy Children’s Pump And Others), End Users (Hospitals & Clinics And Home Settings) Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Ambulatory Infusion Pump Market Overview
The global ambulatory infusion pump market is anticipated to reach USD 15.7 billion by 2020 growing at a CAGR of 4.9% during the forecasting period, 2020-2028. Ambulatory infusion pumps are considered the smart pumps that help in delivering the fluids into a patient’s body in a controlled manner. Factors such as an increase in demand for ambulatory infusion pumps rise in the number of surgical procedures performed and regular product recalls of infusion pumps are some of the major factors for the ambulatory infusion pump market.
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Ambulatory Infusion Pump Market Key Findings
The global ambulatory infusion pump market is segmented into product type, therapies, platform, data transmission, procedure, pump type, end-users, and geography
The product type segment is sub-segmented into an ambulatory infusion pump, ambulatory infusion pump Disposables, and Accessories. The ambulatory infusion pump segment has been segmented into wireless ambulatory infusion pumps pump and wired ambulatory infusion pumps. Ambulatory infusion pumps Disposables have been segmented into Intravenous Catheter (IV), Infusion Pump Extension Sets, Cassette Reservoirs, Infusion Pump Administration Sets, Administration Sets With Air-Eliminating Filter and Others. Intravenous Catheter (IV) has been further segmented into Tunneled Catheter, PICC Line, Implanted Port, and Peripheral Intravenous Catheter. Accessories have been segmented into Medication Clamps, Medication Tubing, and Others.
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Therapies segment has been segmented into Parenteral Nutrition, Pain Management, Parkinson, Immunotherapy, Thalassemia, Chemotherapy, Hydration, Antibiotics, Analgesia, and others. Pain Management has been segmented into Chronic Pain Management and Post-Operative Pain. Analgesia has been segmented into Patient-Controlled Epidural Analgesia (PCEA) and Patient-Controlled Analgesia (PCA).
The platform segment is sub-segmented into Web-Based and Non-Web Based.
The Data Transmission segment has been segmented into Historical Data and Real-Time Data.
The procedure segment has been segmented into Subcutaneous, Epidural, Perineural, Intravenous Infusion, and Others.
Pump Type has been segmented into Multiple Therapy Pump, Pain Management pump, Epidural Pump, Twin Ambulatory Dual-Channel pump, Multi-Therapy Children’s Pump, and Others.
End Users have been segmented into Hospitals & Clinics and Home Settings.
Geographically, the global ambulatory infusion pump market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Ambulatory Infusion Pump Market Regional Analysis
North America region is the largest contributor to the ambulatory infusion pump market in the forecast period 2020-2028 and Asia-Pacific is expected to grow with the highest CAGR during the forecast period 2020-2028.
Competitive Landscape
Key players in the global ambulatory infusion pump market are Becton, Dickinson and Company, Baxter, ICU Medical, B. Braun, Fresenius Kabi, Medtronic, Smiths Medical, Terumo Corporation, Moog, Roche Diagnostics, Halyard Health, Mindray Medical, Micrel Medical, and Insulet Corporation and among others
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Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In August 2017, Smiths Medical has received the FDA 510k clearance on a wireless ambulatory infusion pump which will help the hospitals in increasing the efficiencies, reducing the costs, and improving the patient outcomes.
- In April 2016, Smiths Medical had announced the new wireless ambulatory infusion system in the brand name of CADD-Solis in Australia, New Zealand, Ireland, and the United It helps in offering two-way wireless communication of infusion data in between the CADD-Solis pump and the PharmGuard Server software which would be installed on the hospital’s network.
Hence, tremendous progress has been made over the last decade, and yet a lot more to come in recent years.
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