The global advanced infusion systems market is expected to be valued at US$ 8,470.25 million in 2022, with a 6.4% CAGR during the forecast period. By 2032, the market is expected to be worth $15,820.03 million. Future Market Insights discovered a historical CAGR of% during its research.
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The use of advanced infusion systems is increasing as these systems are widely used to dispense fluids and drugs into a patient’s body for medication purposes. Fluids are commonly transferred using an infusion system via subcutaneous, epidural or enteral, and intravenous routes.
Advent of Telehealth and Virtual Care to Create Tailwind for the Advanced Infusion Systems Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Advanced Infusion Systems market.
Key Advanced Infusion Systems Market Takeaways and Projections
- The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
- Germany Advanced Infusion Systems market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Advanced Infusion Systems Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Advanced Infusion Systems market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
- Advanced Infusion Systems Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Advanced Infusion Systems market. As per the survey, Advanced Infusion Systems sales will project steady growth over the forecast period.
- XZY Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Advanced Infusion Systems market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Advanced Infusion Systems Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
- Advanced Infusion Systems Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Advanced Infusion Systems market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Advanced Infusion Systems market.
Some of the prominent market players are profiled by FMI
- AngioDynamics, Inc.,
- Animas Corporation,
- B. Braun Melsungen AG,
- Terumo Corporation and F. Hoffmann-La Roche Ltd. Infusion systems by Hospira, Inc.
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Advanced Infusion Systems Demand Analysis by Category
Based on product type, the global Advanced Infusion System Market is segmented into the following:
- Elastomeric infusion system
- Volumetric infusion system- Large volume and Small volume pump
- Patient Controlled Analgesia pump
- Disposable infusion system
- Syringe infusion system
- Ambulatory infusion system
- Implantable infusion system
Based on application type, global Advanced Infusion System Market is segmented into the following:
- Chemotherapy
- Diabetes
- Pain management
- Asthma
- Clinical nutrition
Based on end user, the global advanced infusion system market is segmented into the following:
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic centers
- Bedside
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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