The worldwide elastomeric infusion pumps market is primarily driven by rising number of surgeries

 Global Elastomeric Infusion Pumps Market: Overview 

Elastomeric pumps are non-electronic, disposable pharmaceutical pumps that deliver fluids such as analgesics, antibiotics, and other medications in controlled doses into a patient's body. The elastomeric layer inside the pump provides the appropriate pressure for drug administration. Pump failure can have serious consequences for patient safety, hence, making it mandatory for pumps to be operated by a trained person. 


Elastomeric infusion pumps are single-use medical devices that are used to administer liquid pharmaceuticals such as analgesics, antibiotics, and chemotherapy treatments. Driving reasons for elastomeric pump adoption include increased demand for disposable ambulatory pumps, a growing preference for long-term home healthcare, rising hospitalization rates, and changing payment policies.

The research provides a comprehensive analysis of the global elastomeric infusion pumps market, with a focus on market dynamics, segmentation, and vendor landscape. It provides helpful tips for securing a solid market position. The study is a revenue forecast and analysis based on thorough primary and secondary research approaches.

Global Elastomeric Infusion Pumps Market: Drivers and Restrains 

Due to its long-term home care rehabilitation program, the worldwide elastomeric infusion pumps market is primarily driven by expanding acceptance and growing demand for compact disposable ambulatory pumps. Another major growth driver is the rising number of surgeries as a result of rising hospitalization rates, which drives up demand for elastomeric pumps for post-operative pain management. However, rising R&D costs and frequent product recalls, mostly due to design flaws, are expected to restrain the growth of the market over the forecast period. 

International harmonization, along with frequent product inspections, is set to define the regulatory landscape for elastomeric infusion pumps. To reduce the likelihood of product recalls and their negative impact on patient safety, device manufacturers are encouraged to invest more in better product design.

Global Elastomeric Infusion Pumps Market: Geographical Analysis 

The elastomeric infusion pumps market may be divided into North America, South America, Europe, Asia Pacific, and the Middle East and Africa based on region. North America is predicted to be the leading market for worldwide elastomeric infusion pumps in 2016, with a CAGR of 5.7 percent during the forecast period. In terms of CAGR, Europe and APAC are expected to be the fastest rising markets. Over the forecast period, the APAC elastomeric infusion pumps market is expected to grow at a CAGR of 7.1 percent.. The hospital segment of the APAC elastomeric infusion pumps market is expected to grow at a CAGR of 7.9% over the forecast period, with growth fueled by the development of healthcare infrastructure, which is leading to more small and mid-sized hospitals being built, as well as an increase in the number of local players and start-up firms entering the market.

Comments

Popular posts from this blog

YOU YES YOU!

Continuous Glucose Monitoring (CGM) Devices Market -Dynamics and Forecast

Key trends and drivers of the Global Cationic Dyes Market