Global Elastomeric Infusion Pumps Market By Type (Continuous Rate Elastomeric Pumps, Variable Rate Elastomeric Pumps), By Application (Hospitals, Clinics, Ambulatory Surgical Centres, Home Care, Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022–2031
- Published date: Sep 2021
- Report ID: 24796
- Number of Pages: 203
- Format:
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Market.us announces the publication of its most recently generated research report titled, “Global Elastomeric Infusion Pumps Market by Product Type (Continuous Rate Elastomeric Pumps & Variable Rate Elastomeric Pumps), By Treatment Type (Pain Management, Antibiotic/Antiviral, Chemotherapy & Others), By End User Type ( Hospitals, Ambulatory Surgical Centers & Clinics, & Home Care Settings) and by Region – Global Forecast to 2029,” which offers a holistic view of the global elastomeric infusion pumps market through systematic segmentation that covers every aspect of the target market.
The global elastomeric infusion pumps market is projected to be US$ 558.6 Mn in 2019 to reach US$ 1,144.0 Mn by 2029 at a CAGR of 7.5%.
Elastomeric infusion pumps are disposable drug delivery pumps that deliver fluids like an antibiotic, anesthetics, and analgesics into the patient body. It is also known as balloon pumps and non-electronic medication pumps, primarily used in the medical field for the administration of various liquid drugs. The essential pressure for administrating the drug derives from the elastomeric layer existing inside the pump. However, pump failure can have significant implications on patient safety that making it compulsory for pumps to be functioned by a trained person.
trending_up Total Revenue in 2018$ 558.6 Mn
trending_up Market CAGR of the Next Ten Years7.5%
no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.- By Type
- By Region
- By Application
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years$ 1,144.0 Mn
The elastomeric infusion pumps market has gained significant popularity over the years. Moreover, prompt growth in industrialization, especially in emerging economies in the Asia Pacific, East African belt, and Eastern Europe regions, is helping the production and R&D of low-cost medical devices. Furthermore, a rise in the adoption of elastomeric pumps is attributed to boosting growth in demand for disposable ambulatory pumps, and increasing preference for home healthcare. Also, the rising rate of hospitalization and number of surgeries are likely to promote the growth of the global elastomeric infusion pump market. Additionally, the availability of well-developed manufacturing infrastructure, low-cost labor, and trained specialists in countries such as China are also among the key factors driving the growth of the market. Manufacturers of elastomeric infusion pumps, like Baxter and B. Braun Melsungen AG, have manufacturing divisions as well as R&D centers based in emerging economies such as India, and Brazil. Besides, continuous innovations and advancements in medical devices and increasing awareness about elastomeric infusion pumps for the administration of various disease applications, along with government initiatives & funding for the R&D of elastomeric infusion pumps, are also influencing positively the growth of the elastomeric infusion pumps during the forecast period.
Global Elastomeric Infusion Pumps Market Revenue (US$ Mn), 2019–2029
Elastomeric infusion pumps offer various benefits and advantages as compared to conventional electronic pumps. Some include portability, feasibility, and reduced scope for human error. Also, ease of usage, discreteness, and fewer chances of fatal errors is expected to fuel the demand for the target market. The increasing number of clinical trials and FDA approvals for elastomeric drug delivery pumps in the recent past, owing to the increasing demand for novel therapeutic drugs and medical devices, coupled with rising investments in R&D activities in the pharmaceutical industry is expected to create new space for the target market.
The lack of developed medical infrastructure in developing and under-developed countries in the Asia Pacific and the Middle East & Africa is expected to hamper the growth of the global elastomeric infusion pumps market.
Global elastomeric infusion pumps market is segmented on the basis of product type, treatment type, end-user type, and region. Based on product type, the market is segmented into continuous rate elastomeric pumps & variable rate elastomeric pumps. The continuous rate elastomeric pumps segment accounts for the majority share and is expected to register the highest growth over the forecast period. Based on treatment type, the market is segmented into pain management, antibiotic/antiviral, chemotherapy, and others. The Pain Management segment accounts for a majority share in the global elastomeric infusion pumps market, followed by the chemotherapy segment.
Global Elastomeric Infusion Pumps Market Share by Treatment Type, 2019
Based on end-user, the market is segmented into Hospitals, Ambulatory Surgical Centers & Clinics, & Home Care Settings. The Hospitals segment accounts for a majority share in the global Elastomeric Infusion Pumps market, followed by Ambulatory Surgical Centers & Clinics segment.
Based on region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. North America accounts for the majority share in the global Elastomeric Infusion Pumps market, followed by Europe.
The research report on the global elastomeric infusion pumps market includes profiles of some of the major companies such as Terumo Corporation, Nipro Corp., Baxter International Inc., B. Braun Melsungen AG, Avanos Medical, Inc., Woo Young Medical Co., Ltd., pfm medical ag, Gamastech Srl, Ambu A/S, Fresenius SE & Co. KGaA, LEVENTON S.A.U., etc.
Key Market Segments
Type
- Continuous Rate Elastomeric Pumps
- Variable Rate Elastomeric Pumps
Application
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Home Care
- Others
Key Market Players included in the report:
- Terumo Corporation
- Nipro Corp.
- Baxter International Inc.
- B. Braun Melsungen AG
- Avanos Medical Inc.
- Woo Young Medical Co.Ltd.
- pfm medical ag
- Gamastech Srl
- Ambu A/S
- Fresenius SE & Co. KGaA
- LEVENTON S.A.U.
For the Global Elastomeric Infusion Pumps Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Elastomeric Infusion Pumps Market
Published date: Sep 2021 • Formats:add_shopping_cartBuy Now get_appDownload Sample -
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- Terumo Corporation Company Profile
- Nipro Corp.
- Baxter International Inc.
- B. Braun Melsungen AG Company Profile
- Avanos Medical Inc.
- Woo Young Medical Co.Ltd.
- pfm medical ag
- Gamastech Srl
- Ambu A/S
- Fresenius SE & Co. KGaA
- LEVENTON S.A.U.
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