Global
Infusion Pumps Market: Snapshot
With
the alarming increase in the number of people diagnosed with
diabetes, cancer, and other chronic ailments worldwide, the global
infusion pumps market is likely to post a CAGR of 5.3% between 2013
and 2019. At this pace, the market is projected to reach US$7.76 bn
by the end of 2019 from a valuation of US$5.41 bn in 2012.
The
increasing incidence of chronic ailments has created the demand for
medical devices that can effectively administer drugs in precise
dosage. The global infusion pumps market has immensely benefited from
this trend and is likely to continue gaining from the same through
the course of the forecast period. Furthermore, the increasing
automation and the advent of smart technologies in drug delivery
systems, will enable the infusion pumps market witness an uptick in
the demand.
The
report provides an in-depth analysis of the global infusion pumps
market, covering product definitions, manufacturing cost structure,
segmentation based on various, and degree of competition prevailing
in the market. Besides this, it presents insights into the growth
drivers and restraints influencing the market’s trajectory over the
forecast period. Information compiled in the report is sourced via
proven research methodologies and is aimed at providing clearer
picture of the market to its stakeholders.
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Market Research
Report:
http://www.transparencymarketresearch.com/infusion-systems-market.html
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Asia
Pacific to Exhibit Strong Growth on Account of High Healthcare
Spending
North
America, Asia Pacific, Europe, and Rest of the World constitute the
key regional segments in the global infusion pumps market. In 2012,
North America emerged dominant and is expected to report a CAGR of
4.9% between 2013 and 2019, which demonstrates a comparatively slower
pace than the CAGR exhibited by the overall market. Over the course
of the forecast period, however, Asia Pacific will emerge as a strong
region, showcasing lucrative opportunities for enterprises aiming to
expand their geographic footprint.
The
market in Asia Pacific is expected to show a higher CAGR than other
regional markets due to factors such as large patient base, the
increasing incidence of cancer and diabetes, and rising willingness
to spend on advanced healthcare. Lured by the growth of emerging
economies and the rising healthcare spending therein, leading
companies are looking to capitalize on the opportunities existent
therein. This could provide a fresh boost to the infusion pumps
market in Asia Pacific.
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