In 2022, the market for Implanted Infusion Pumps is projected to be worth US$485.1 million. The key growth drivers for the market are anticipated to be the rising occurrence of multiple diseases including diabetes, cancer, and various other disorders, as well as the rising liability of the older population and advanced technologies. The total annual sales of implantable infusion pumps are anticipated to reach around US$ 892.6 Million by the end of 2032, growing at a strong CAGR of 5.7% between 2022 and 2032.
Data Points | Key Statistics |
Implantable Infusion Pump Market Size (2022) | US$ 485.1 Million |
Implantable Infusion Pump Market Revenue Forecast (2032) | US$ 892.6 Million |
Implantable Infusion Pump Market Growth Rate (2022-2032) | 5.7% CAGR |
North America Market Share | 36.7% |
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With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Implantable Infusion Pump market. FMI offers insights into the market data on over 5000+ drugs for more than 100 countries, which further aids the research on current and upcoming market scenario for the Implantable Infusion Pump market. Our expert researchers and analysts for healthcare tracks the data of established players as well as new entrants in medical industry to provide an unbiased analysis for a sound and financial decision.
Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.
The report offers extensive data sets validating key trends impacting growth in the Implantable Infusion Pump market. It offers insights into strategies adopted by the key players rise and address the concerns that will challenge the growth of Implantable Infusion Pump market. With our extensive research and information about the past, current and future market scenario, the Implantable Infusion Pump market report will help and identify the concerns, for a smooth-sail of the small & medium as well as large enterprises.
What Market Dynamics are Supporting the Growth of Implantable Infusion Pumps?
Rising cancer, diabetes, and obesity rates around the world are the main drivers of the implantable infusion pump industry. The use of infusion pumps is rising as implanted drug delivery methods are increasingly used during surgeries.
The main activities are the delivery of analgesics and chemotherapeutic medicines; several implantable infusion pumps are commercially available to end users, which will significantly increase sales over the predicted period. The ground-breaking implanted infusion pump offers continuous or variable long-term medication infusion.
Top manufacturers’ contribution to advancement due to a variety of causes, such as the aging population and rising prevalence of chronic diseases, as well as wider adoption
Competitive Analysis
By Prominent Market Players
- Braun Melsungen AG.
- CareFusion Corporation
- Fresenius Kabi AG
- Terumo Corporation
- Medtronic Plc.
- Baxter International Inc.
- Smiths Medical
- MOOG Inc.
- Johnson & Johnson Private Ltd.
- Hospira, Inc.
- Flowonix
- The Tandem Diabetes Care.
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Implantable Infusion Pump Market: Segmentation
By Product Type:
- Patient-Controlled Analgesia (PCA) Pump
- Enteral Pump
- Insulin Pump
- Elastomeric Pump
- Syringe Pump
By Application:
- Oncology
- Pediatrics/Neonatology
- Gastroenterology
- Hematology
- Diabetes
By End User:
- Hospitals
- Ambulatory Surgical Centres
- Clinics
- Home Healthcare
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