e intermittent or continuous.
•The infusion pumps market is a fairly mature market that has substantial pricing pressures due to technology, reimbursement spending, third-party distribution structures, increased competition, and product recalls. Technological developments and expansion into new indications such as Parkinson’s disease, Alzheimer’s, multiple sclerosis, or pain management will likely create opportunities for growth.
•The infusion pumps market has been plagued by several device errors, resulting in numerous recalls. There has been a concerted effort by the US, Canadian, and European governments to address this issue and to find solutions.
•Various technologies used to deliver medications include volumetric, syringe, ambulatory, enteral, and insulin pumps. The use of infusion pumps as a drug delivery system has been increasing.
•Common infusion therapies include cancer therapy, administration of antibiotics, blood volume replacement, and enteral and parenteral nutrition.
•Ambulatory pumps and insulin pumps are the fastest growing segments in the infusion pumps market.
•Recalls concerning product safety and efficacy create a stigma that is detrimental to product adoption. Actively recalling defective products and implementing standard protocols to redesign and remove affected issues will enhance the pump adoption rate.
•Certain markets such as ambulatory pumps and insulin pumps are poised for significant growth, and an increase in demand could positively impact the overall growth of the infusion pumps market.
Scope and Segmentation
•This research service provides an infusion pumps market overview, market engineering measurements, and revenue forecast (including revenue forecast by vertical markets) and trend
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