Globally the market for infusion system is expected to grow at the rate of about 4.9% from 2017 to 2025 & is expected to reach $44.33 billion by 2025.
Infusion System Marketis growing at a steady pace. The various factors that influence the growth of the market are increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements from the leading market players. Furthermore the factors such as patient safety concerns and improper infusion leading to the severe consequences, unmet medical needs in the low income countries are hampering the growth of the market.
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Key Players for Infusion System Market:
- B. BRAUN MELSUNGEN AG
- Dickinson and Company
- Fresenius Kabi AG
- ICU Medical, Inc
- Smiths Medical
- Terumo Medical Corporation.
The infusion system global market is expected to reach $44.33 billion by 2025.IV disposable holds the largest share of 66.7% of the market.North America holds the largest market share of Infusion System market and is anticipated to reach $15.79 billion by the end of forecast period.Globally, Asia-Pacific is the fastest growing region and expected to grow at the rate of 5.3% during the forecast period.
Infusion System market has been segmented on the basis of product type which comprises of IV disposable, Infusion pump, and others. IV disposable accounted for the largest market share of the total market in 2016. On the basis of application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016. On the basis of end user, market is segmented into hospitals, specialty oncology wards, homecare, and others. Hospitals dominated the global market with the largest market share in 2016.
Regional Analysis of Infusion System Market:
Globally, North America is the largest market for Infusion System and is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. Europe accounts for the second largest market, where as Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment. This rapid growth is majorly due to recent developments in healthcare and improving economies and disposable income per individual. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better infusion treatment in the countries.
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The report for Infusion System market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
We are thankful for the support and assistance from Infusion System Market Research Report- Global Forecast To 2025 chain related technical experts and marketing experts during Research Team survey and interviews.
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