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The intravenous infusion pumps market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

Read More On The Intravenous Infusion Pumps Market Report 2022 – https://www.thebusinessresearchcompany.com/report/intravenous-infusion-pumps-global-market-report

The Intravenous Infusion Pumps Market Size In 2022 And Forecast

The global intravenous infusion pumps market is expected to grow from $4.93 billion in 2021 to $5.32 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The intravenous infusion pumps market is expected to grow to $6.99 billion in 2026 at a CAGR of 7.1%.

The intravenous infusion pumps market consists of sales of intravenous infusion pumps and related services by entities (organizations, sole traders, and partnerships) that manufacture intravenous infusion pumps.

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Rise In The Prevalence Of Chronic Diseases Is Driving The Growth Of The Intravenous Infusion Pumps Market

The prevalence of chronic diseases is expected to increase by 57% by 2020, according to the World Health Organization. Therefore, the rise in the prevalence of chronic diseases is expected to drive the growth of the intravenous infusion pumps market.

Competitive Landscape And The Regional Analysis Of The Intravenous Infusion Pumps Market

Major players in the intravenous infusion pumps market are B. Braun Melsungen AG, Baxter International, Medtronic, Fresenius Kabi, Smiths Medical Inc., Becton Dickinson and Company, Terumo Corporation, F. Hoffmann-La Roche Ltd., ICU Medical Inc., and IRadimed Corporation.

Additionally, as per TBRC’s research – North America was the largest region in the intravenous infusion pumps market in 2021 holding the largest market share.

The Intravenous Infusion Pumps Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the intravenous infusion pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the intravenous infusion pumps market.

Growing Technological Improvement – A Key Trend In The Intravenous Infusion Pumps Market

Technological advances in infusion pumps have changed medical care in hospitals and allowed patients to inject fluids on an outpatient basis or in a home setting, allowing them to seek treatment while living their daily lives, through the use of smart intravenous infusion pumps. These smart intravenous infusion pumps help prevent medication errors and reduce patient harm.

Intravenous Infusion Pumps Market Segmentation By The Business Research Company

1) By Product: Volumetric, Syringe, Enteral, Ambulatory, IV Disposables, Other Products

2) By End-User: Hospitals, Ambulatory Surgical Centers, Cancer Treatment Centers, Specialty Clinics, Other End Users

3) By Application: Chemotherapy, Diabetes, Gastroenterology, Analgesia/Pain Management, Pediatrics/Neonatology, Hematology, Other Applications

Here Are Some Reports Related To The Intravenous Infusion Pumps Market –

Ambulatory IV Infusion Pumps Global Market Report 2022

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Insulin Pens, Syringes, Pumps And Injectors Global Market Report 2022

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