Global Ambulatory IV Infusion Pumps Market Opportunities And Strategies

The global ambulatory IV infusion pumps market is expected to grow from $42 million in 2019 to $48.5 million in 2020 at a compound annual growth rate (CAGR) of 15.43%. The growth is mainly due to the COVID-19 outbreak that has increased the demand for intravenous infusion pumps to treat the affected patients. The market is then expected to adjust and reach $53.3 million in 2023 at a CAGR of 3.21%. The rise in the prevalence of people with chronic pain, cancer, and diabetes is a significant factor for the ambulatory IV infusion pumps market, as these pumps are commonly used to deliver pharmaceutical drugs during the treatment of these diseases. However, the high cost of intravenous infusion pumps is a key factor for hampering the growth of the market.

Ambulatory IV infusion pumps are portable medical devices used for controlled delivery of medication into the patient’s body. Only goods and services traded between entities or sold to end consumers are included.

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The global ambulatory IV infusion pumps market is further segmented based on type and geography.
By Type: Disposable Infusion Pumps, Chemotherapy Infusion Pump
By End-User: Hospitals, Home Healthcare, Others.
By Geography: The global ambulatory IV infusion pumps market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American ambulatory IV infusion pumps market accounts for the largest share in the global ambulatory IV infusion pumps market.

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Trends In The Ambulatory IV Infusion Pumps Market
Companies in the ambulatory IV infusion pump market are increasingly focusing on developing smart infusion pumps. The use of wireless technology in health monitoring devices is increasing, which enhances the ease of usage, connectivity and data analysis. The integration of wireless technology allows the transfer of data from the device to a smartphone or a wireless device through Bluetooth or cellular connection for data processing and then to display the results, which can be used for further study and to check the health condition of the individual.
Ambulatory IV Infusion Pumps Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides ambulatory IV infusion pumps market overviews, analyzes and forecasts ambulatory IV infusion pumps market size and growth for the global ambulatory IV infusion pumps market, ambulatory IV infusion pumps market share, ambulatory IV infusion pumps market players, ambulatory IV infusion pumps market size, ambulatory IV infusion pumps market segments and geographies, ambulatory IV infusion pumps market trends, ambulatory IV infusion pumps market drivers and ambulatory IV infusion pumps market restraints, ambulatory IV infusion pumps market’s leading competitors’ revenues, profiles and market shares. The ambulatory IV infusion pumps market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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