The Advanced Infusion systems Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Advanced Infusion systems Market is estimated to be $ xxx USD Million in 2016 and predicted to rise to $ xxx USD Million by the end of 2021 with a CAGR of xxx %. The market is categorized on the basis of application into Clinical Nutrition, Chemotherapy, Pain Management, Diabetes and Asthma Treatment. On the basis of Product type, the market is segmented into Disposable Infusion System, Elastomeric Infusion System, Ambulatory Infusion System, Volumetric Infusion System, Patient Controlled Analgesia Pump, Syringe Infusion System and Implantable Infusion System. On the basis of End-users, the market has been segmented as Diagnostic Centers, Hospitals and Ambulatory Surgical Centers. Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The market is primarily driven by factors such as increasing incidence of cancer, diabetes and chronic diseases owing to the rising geriatric population, increasing use of infusion products in homecare with encouraging reimbursements, immensely developed technology in infusion systems which eliminates user-related risks, safety, therapeutic effectiveness, higher bioavailability, and increased expenditure in healthcare. The presence of strict regulations for product approval and possible medication errors associated with infusion pump are the major factors restraining the growth of global advanced infusion systems market.
North America is accounted to have the largest market share of the global advanced infusion systems market followed by Europe and Asia-Pacific owing to high adoption of ambulatory pumps in the management of chronic diseases and well-established healthcare infrastructure in the region. Asia- Pacific region is projected to show substantial growth opportunities for market players in the forecast period owing due to the huge patient population, increasing incidence of chronic diseases with changing lifestyles, improving healthcare facilities, and increasing disposable income.
Major players that are influencing Global Market are AngioDynamics, Inc., Medtronic, Inc., Terumo Corporation, Johnson & Johnson, CareFusion Corporation, Animas Corporation, Baxter International, Inc., B. Braun Melsungen AG, I-Flow Corporation, and F. Hoffmann-La Roche Ltd.
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