Infusion Pumps Market Will hit at a CAGR of 5 % from 2015 to 2025
Verfasser: pradnya_86 on Tuesday, 13 December 2016Future Market Insights (FMI) delivers key insights on the global infusion pumps market in its upcoming report titled, “Infusion Pumps Market: Global Industry Analysis and Opportunity Assessment, 2015-2025”. In terms of revenue, the global infusion pumps market is projected to register a healthy CAGR of 5% over the forecast period owing to various factors, on which FMI offers detailed insights and forecasts.
The market is segmented based on product type, applications, end users and regions. Based on product type, the market has been segmented into syringe, ambulatory, volumetric (peristaltic and piston-based), implantable, insulin, enteral, patient-controlled analgesic (PCA) infusion pumps and pump accessories. Ambulatory infusion pumps segment is expected to emerge as the most popular segment over the forecast period, driven by increasing adoption of small, smart infusion pumps supported by wireless connectivity. The segment is expected to register a significant CAGR of 7.7% during the forecast period. Implantable pumps segment is expected to witness a decline in market share in terms of revenue from 6.6% in 2014 to 5.3% in 2025. Reports of malfunctioning of implantable pumps within the human body as well as their exorbitant prices are expected to adversely affect demand for these pumps over the forecast period.