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What Are the Primary Drivers Supporting the Market Growth of theElastomeric Infusion Pumps Market?

The expansion of the elastomeric infusion pump market is anticipated to be fueled by the escalating number of patients requiring hospitalization. These patients, admitted for medical care and treatment, necessitate continuous observation and specific interventions. The emergence of sophisticated medical technologies now offer more intricate and efficacious treatments leading to a surge in hospital admissions for surgeries and other procedures. Elastomeric infusion pumps make it possible for patients to stay at home and still receive essential medicines like antibiotics, pain management, or chemotherapy, previously given only in the hospital. This accelerates their discharge process, vacating hospital beds for other patients and minimizing hospital occupancy levels. For instance, a December 2023 report from the National Health Service (NHS), a government department based in the UK, stated that hospital admissions in England rose by 5%, from 389,800 in 2021-2022 to 408,700 in 2022-2023. Hence, the surge in hospitalizations is poised to stimulate the growth of the elastomeric infusion pump market.

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#What is the Anticipated CAGR of theElastomeric Infusion Pumps Market, and What Factors Will Drive It?

The market for elastomeric infusion pumps has exhibited substantial growth in recent years. The market size is projected to increase from $1.07 billion in 2024 to $1.17 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.7%. This growth throughout the historical period can be tied back to a higher occurrence of chronic diseases, an uptick in surgical procedures, an aging population, increased awareness and education, as well as growing government initiatives and financial support.

Strong expansion is anticipated in the elastomeric infusion pumps market in the upcoming years, with the projection to reach $1.67 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.3%. The primary factors driving this growth in the forecast period are an increased incidence of chronic illnesses, a swelling elderly population, an elevated number of surgical procedures, and escalating healthcare spending. Impending trends for this period highlight smart infusion pumps leveraging IoT, advanced anti-free-flow mechanism inclusion, ergonomic and easily operable designs, prolonged battery durability, and environmentally friendly materials, along with progress in microengineering and materials science.

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What Are the Latest Innovations Influencing theElastomeric Infusion Pumps Market?

Major companies in the elastomeric infusion pump market are innovating by creating portable chemotherapy infusion pumps to increase accuracy in medication delivery and boost user-friendliness. These portable infusion pumps, used to administer chemotherapy drugs, provide continuous or intermittent care outside a hospital setting. For example, Shanghai MicroPort Lifesciences Co. Ltd, a medical device firm based in China, introduced AutoEx in March 2022. AutoEx is intended for the precise delivery of chemotherapy drugs, whether in a continuous or intermittent manner, for patients with cancer. Its distinctive feature includes a dual CPU control system and a single-use pump infusion component with two liquid reservoir bags for automatic switching, ensuring nonstop medication delivery. This configuration enhances patient convenience and decreases manual intervention by healthcare staff. Traditional AutoEx operates in a similar therapeutic domain as an elastomeric infusion pump.

Who Are the Major Industry Players Accelerating Growth in theElastomeric Infusion Pumps Market?

Major companies operating in the elastomeric infusion pumps market are Baxter International Inc., Medline Industries, B. Braun Melsungen AG, Nipro Corporation, Avanos Medical Inc., Vygon SAS, pfm medical gmbh, Integrated Medical Systems Inc., Preferred Medical, Leventon S.A.U, Tuoren Medical, Eitan Medical, PROMECON GmbH, Epic Medical, Promecon Medical, Ace Medical Devices, Gamastech, Adria Med, Heka Healthcare, Beijing KellyMed Co. Ltd

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Which Primary Segments of the Elastomeric Infusion Pumps Market Are Driving Growth and Industry Transformations?

The elastomeric infusion pumps market covered in this report is segmented –

1) By Product Type: Continuous Rate Elastomeric Pumps, Variable Rate Elastomeric Pumps

2) By Treatment: Pain Management, Antibiotic Or Antiviral, Chemotherapy, Other Treatments

3) By End-User: Hospitals, Ambulatory Surgical Centers, Home Care Settings, Clinics, Other End-Users

Subsegments:

1) By Continuous Rate Elastomeric Pumps: Single-Flow Rate Elastomeric Pumps, Multi-Flow Rate Elastomeric Pumps (Fixed), Infusion Pumps For Pain Management

2) By Variable Rate Elastomeric Pumps: Adjustable Flow Rate Elastomeric Pumps, Pumps With Programmable Infusion Rates, Multi-therapy Variable Rate Elastomeric Pumps, Infusion Pumps For Chemotherapy And High-Precision Treatments

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theElastomeric Infusion Pumps Market?# Market?

North America was the largest region in the elastomeric infusion pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the elastomeric infusion pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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