Global Ambulatory IV Infusion Pumps Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

1 Dec, 2021

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The ambulatory IV infusion pumps market consists of sales of ambulatory IV infusion pumps and related services by entities (organizations, sole traders and partnerships) that manufacture ambulatory IV infusion pumps. 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.

Global Ambulatory IV Infusion Pumps Market Size And Drivers:

The global ambulatory IV infusion pumps market is expected to decline from $0.04 billion in 2020 to $0.04 billion in 2021 at a compound annual growth rate (CAGR) of -2.1%. The slow decline in the market is mainly due to the companies decreasing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The ambulatory IV infusion pumps market is expected to reach $0.06 billion in 2025 at a CAGR of 6%. 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.

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Trends In The Global 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 the 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. Software platforms are being developed that allow patient monitoring and reduce human error.

Global Ambulatory IV Infusion Pumps Market Segments:
The global ambulatory IV infusion pumps market is further segmented –
By Type: Disposable Infusion Pump, Chemotherapy Infusion Pump
By End-User: Hospitals, Home Healthcare, Others
By Application: Chemotherapy/Oncology, Diabetes, Gastroenterology, Analgesia/Pain Management, Pediatrics/Neonatology, Hematology, Other Applications
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.

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Ambulatory IV Infusion Pumps Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ambulatory IV infusion pumps market overviews, analyzes and forecasts 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 segments and geographies, 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.