Intravenous infusion pumps and their accessories are medical devices utilized to convey solutions and fluids into a patient's body in controlled measurements. The utilization of these infusion frameworks stays away from medical errors, which generally could prompt genuine perilous circumstances or likewise potential outcomes of death. They are classified by the utilization; for instance, for stationary use, the device is put at the bedside, and for portable use, they can be wearable or mobile. Implanted liquids are different solutions that are directed based on tolerant conditions, for example, supplements for insulin, hormones, anti-toxins, and others.
MARKET DYNAMICS
The intravenous infusion pump accessories market has shown a significant evolution over the forecast period. The rise of the intravenous infusion pump accessories market is driven by the growing incidence of chronic disorders, for example, diabetes and gastrointestinal issues. The rising geriatric population and existence of convenient infusion pump to limit hospital consumption are factors that is expected to push the intravenous infusion pump accessories market development. Moreover, rise in adoption of infusion pumps in the emerging economies and development of advanced infusion pumps are expected to provide numerous opportunities for the market growth in the near future. However, stringent government regulations for the approval of devices and occurrence of errors during infusion therapies have led to many product recalls, which impede the market growth.
MARKET SCOPE
The "Intravenous Infusion Pump Accessories Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the intravenous infusion pump accessories market with detailed market segmentation by product, application, and end-user. The intravenous infusion pump accessories market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the intravenous infusion pump accessories market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as infusion catheters, valves, IV sets, cannulas, tubing and needles, others. Based on the application, the segmentation of the market is into diabetes, pain management and analgesia, chemotherapy, and others. Based on end user, the segmentation of the market is into hospitals, homecare settings, ambulatory surgical centers, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the intravenous infusion pump accessories market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The intravenous infusion pump accessories market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the intravenous infusion pump accessories market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the intravenous infusion pump accessories market in these regions.
MARKET PLAYERS
The report contains critical developments in the intravenous infusion pump accessories market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the intravenous infusion pump accessories market are estimated to have profitable growth opportunities in the coming years with the higher demand for intravenous infusion pump accessories market in the global market. Given below is the list of a few companies engaged in the intravenous infusion pump accessories market.
The report also offers key players' profiles in the intravenous infusion pump accessories market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
-Cardinal Health Inc.
-Baxter International Inc.
-B. Braun Melsungen AG
-BD
-Fresenius Kabi AG
-Terumo Corporation.
-Nipro Corporation.
-Smiths Medical
-Zyno Medical
-Medcaptain Medical Technology Co.,Ltd
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.