Seattle, Sept. 21, 2022 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global Elastomeric Infusion Pumps market is estimated to be valued at US$ 1,067.8 million in 2022 and is expected to exhibit a CAGR of 9.2% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Elastomeric Infusion Pumps Market:
Key players operating in market are focusing on the development of technologically advanced infusion pumps. For instance, in May 2018, Nipro Corporation, a medical equipment company, launched New SUREFUSER + PCA SET. This device is used for the continuous infusion of an anesthetic, which is controlled by a patient according to the level of pain. It is easy to grab and fit in a palm, with a larger button as the switch for injection of drug solution.
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Key Market Takeaways:
Global elastomeric infusion pumps market is expected to exhibit a CAGR of 9.2 % during the forecast period due to increasing prevalence of chronic disease. For instance, according to a research article published by JAMA Oncology, a monthly peer-reviewed medical journal published by the American Medical Association. There were 23.6 million new global cancer cases in 2019 and 10.0 million cancer deaths.
Among product type, Continuous Rate Elastomeric Pumps is expected to hold a dominant position over the forecast period, as these pumps allow the continuous administration of the therapeutic drug after the initial setup, resulting in a steady concentration plateau.
Key players operating in the global elastomeric infusion pumps market include B. Braun Melsungen AG, Fresenius Kabi, Leventon, S.A.U, Ambu A/S, Baxter International Inc., Halyard Health, and Nipro Corporation
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Global Elastomeric Infusion Pumps Market, By Product Type
Variable Rate Elastomeric Pumps
Continuous Rate Elastomeric Pumps
Global Elastomeric Infusion Pumps Market, By Treatment
Global Elastomeric Infusion Pumps Market, By End User
Ambulatory Surgical Centers
Home Care Settings
Global Elastomeric Infusion Pumps Market, By Region:
Rest of Latin America
Rest of Europe
Rest of Asia Pacific
Rest of Middle East
Related Market Intelligence Reports:
U.S. Elastomeric Infusion Pumps Market, by Product Type (Variable Rate Elastomeric Pumps and Continuous Rate Elastomeric Pumps), By Indication (Oncology, Post-operative Care, General Medicine, and Others), By End User (Ambulatory Surgical Centers, Clinics, Home Care Settings ( Oncology, Post-operative Care, General Medicine & Others ), Hospitals and Others) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
Pain Management Devices Market, By Type (Neuromodulation & Neurostimulation Devices, Analgesic Infusion Pumps, and Ablation Devices), By Application (Neuropathic Pain, Cancer Pain, Facial & Migraine Pain, Musculoskeletal Pain, and Others), By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2028
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