Infusion Systems Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
An
Infusion system is a device and any associated disposable used to deliver
fluids, medication or nutrients in to the patient’s circulatory system. The
most common route of administration of such products in patients is intravenous
and is followed by subcutaneous, epidural or enteral route. Infusion systems
are categorized into in five market segments namely, syringe pumps, infusion
disposable sets, implantable infusion pumps, volumetric pumps and ambulatory
infusion pumps.
To
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Infusion
systems are basically designed to administer fluids which are otherwise
impractically expensive or unreliable if done manually by nursing staff. The
selection of infusion pump depends on criteria such as the required volume for
infusion, long and short term accuracy and the speed of infusion.
The
major key factors contributing to the growth of this market is increasing
demand for multi-functional infusion systems, advancement in infusion
technologies, development in the reimbursement scenario and also increase in
aging population and associated high prevalence of chronic pain.
The
major contribution for the global infusion systems market comes from North
America followed by Europe. Their contribution is attributed to significant
chronic pain in people and better reimbursement policies. The North America and
Europe regions currently occupy more than half of the global market share for
infusion pumps. The next big opportunity for the leading infusion systems
manufacturers remains with the emerging economies of China, India, Brazil,
Russia and South Africa, due to significantly large number of under-served
patients.
The
global infusion systems market is highly fragmented in nature with prime market
players enjoying approximately similar market shares. The major market players
are Baxter International, Inc., CareFusion Corp., Fresenius Kabi AG, Hospira,
Inc., ICU Medical, Inc., Medtronic, Inc., JMS Co. Ltd., Nipro Corp., and Terumo
Corporation.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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