What is Chemotherapy Infusion Pumps Market?
The chemotherapy infusion pumps allow the user to have chemo in a controlled way. There are many types of infusion pumps, including large volume, patient-controlled analgesia (PCA), elastomeric, syringe, enteral, and insulin pumps. These pumps are frequently used to administer critical fluids, including high-risk medications, pump failures can have significant implications for patient safety.
The market study is being classified by Type (LVP (Large Volume Pump), Syringe Pump and Elastomeric Pumps), by Application (Hospital & Clinic and Home Care) and major geographies with country level break-up.
Becton, Dickinson and Company (United States), ICU Medical, Inc. (United States), Terumo Corporation (Japan), B. Braun (Germany), Halyard Health (United States), Smiths Group plc (United Kingdom), Baxter International Inc. (United States), Fresenius Medical Care AG & Co. (Germany), Moog Inc. (United States) and Zyno Medical LLC (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Chemotherapy Infusion Pumps market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Chemotherapy Infusion Pumps market by Type, Application and Region.
On the basis of geography, the market of Chemotherapy Infusion Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Number of Chemotherapy Procedures
- Increasing Demand for Ambulatory Infusion Pumps
Market Trend
- Increased Incidence of Chronic Diseases
- Growing Number of Surgical Procedures
Restraints
- Increased Adoption of Refurbished and Rental Infusion Pumps
Opportunities
- Growth in the Healthcare Industry
- Increasing Number of Hospitals and Diagnostic Centres
Challenges
- Stringent Government Rules and Regulations for New Product Approvals
Key Target Audience
Chemotherapy Infusion Pumps Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users