North America Infusion Pumps Market Size, Growth rate:
The North America Infusion
pumps Market was estimated at USD 4399.2 million
in 2018 and is expected to reach USD 6497.3 million
in 2025, growing at a compound annual rate of 5.84%
over the 2018-2025 forecast period.
Infusion pumps are mainly used by hospitals and other health
providers to deliver fluids and medications to the patient's body in a
controlled manner. The increase in the demand for water therapy is essential
and parenteral nutrition is accelerating the growth of the infusion pumps
market.
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America Infusion Pumps Market Research
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Drivers, Challenges
and Opportunities of North America Infusion
Pumps Market:
The growth of the North American infusion pumps market
depends to a large extent on the significant increase in the prevalence of
chronic diseases such as diabetes and gastrointestinal disorders. Today there
are several types of infusion pumps. One of them is the insulin infusion pump that
has gained great popularity in the continuous infusion of subcutaneous insulin.
Increasing technological advances, increasing incidence of chronic diseases and
increasing popularity of infusion pumps in home care services will generate the
infusion pumps market around the region. Other factors that promote the growth
of the market include the increase in the large population, the demand for
portable infusion pumps to minimize hospital expenses, a greater awareness of
home health care and a wide range of drug pumps infusion.
However, due to the strict government regulations on
approval and device errors during infusion therapy hinder the growth of the
market. By contrast, it is expected that the introduction of the advanced
infusion pumps in emerging economies will provide numerous opportunities for
market growth in the near future.
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Geographic Analysis
of North America Infusion Pumps Market:
With the high incidence of diabetes in North America and the
adoption of infusion pumps in the home care environment, the region is
dominating the global market. Thie market dominion is because of the people who
use insulin for type 1 diabetes and type 2 diabetes, increase in awareness and
municipal initiatives to raise awareness about the benefits of pumps. Improved
production in the market of infusion pumps. In addition, growth opportunities
are emerging in this regional market as repayment policies are growing in favor
of developing countries.
Some of the Key
market players covered in this North America injection pump market are:
Hospira Inc, CareFusion Corporation, Baxter International, Inc. Medtronic,
Inc., Smiths Medical, Fresenius Kabi AG, Braun Melsungen AG, Terumo
Corporation, Nipro Corporation and Codman & Shurtleff, Inc.
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Research Cosmos
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https://marketreportsweb.com/
https://acutemarketinsights.com/
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