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Intravenous Infusion Pump Market Future Challenges & Forecast 2032

The Global Intravenous Infusion Pump Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

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Intravenous Infusion Pump Market Future Challenges & Forecast 2032

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  1. Intravenous Infusion Pump Market Analysis & Forecast to 2032 by Key Players, Share, Trend, Segmentation

  2. Industry Insights • Intravenous Infusion Pump Market is expected to grow significantly through 2032, owing to the rapidly expanding healthcare industry, especially in developing Asia Pacific countries. For instance, between 2010 and 2019, the growth rate in per capita health expenditure was 4.7% every year, which was higher than the recorded GDP of 3.6% in the region. • Intravenous Infusion Pumps Market is anticipated to grow considerably during 2023-2032 owing to the increasing product demand in home care settings to limit hospital expenses. Constant technological innovations in intravenous infusion pumps, such as smart infusion pumps, have resulted in the growing adoption of IV infusion pumps in a homecare setting. • Besides, patients with cancer, neurological disorders, and diabetes, among other conditions, require long-term care and high cost associated with hospital-based infusion therapy, which would positively influence market expansion over the ensuing years.

  3. Based on product, the volumetric segment is anticipated to grow considerably through 2032 due to the product's ability to deliver specific number of fluids at a cost-effective rate. Moreover, the wide application of volumetric pumps in disease management and parenteral nutrition will also assist segmental growth. • IV volumetric pumps also enable precise and controlled delivery of fluids, medications, and nutrients into a patient's bloodstream. It also ensures that the correct dose is delivered to the patients, reducing the risk of complications compared to manual administration. • By application, the oncology segment accounted for over 9% market share in 2022. IV infusion pumps are increasingly used to administer chemotherapy and other intravenous medications to cancer patients. • As per the American Cancer Society projections, it was reported that the year 2022 witnessed more than 1.5 million new cancer cases and about 609,360 fatalities. In addition, these pumps also help administer chemotherapy drugs in a precise and controlled manner to avoid toxicity and other side effects.

  4. Regional Analysis • From the regional perspective, the Europe intravenous infusion pump market will exhibit lucrative growth during the estimated timeline. The regional market growth can majorly be attributed to the rising prevalence of chronic diseases and the availability of technologically advanced healthcare infrastructure in the region. • Competitive Analysis • The competitive landscape of the intravenous infusion pump market comprises companies such as F. Hoffmann-La Roche Ltd., Boston Scientific Corporation, Fresenius Kabi, Moog Inc., Terumo Corporation, Tandem Diabetes Care, Inc., Micrel Medical Devices SA, Shenzhen ENMIND Technology Co., Ltd.

  5. Intravenous Infusion Pump Market @ https://www.gminsights.com/industry-analysis/intravenous-infusion-pump-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/5528 Request for customization @ https://www.gminsights.com/roc/5528

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