MRRSE has added a new research report on the "Global Market Study on Elastomeric Infusion Pumps: Increase Usage in Post-Operative Pain Management and Cancer Treatment to Drive the Market during the Forecast Period" to its collection.
Elastomeric infusion pumps market outlook, competitive analysis and industry trends
1. Elastomeric Infusion Pumps Market Outlook, Competitive
analysis and Industry Trends
Report Description
Elastomeric pumps are disposable, non-electronic medication
pumps that delivers fluids such as analgesics, antibiotics, etc.
into a patient’s body in controlled amounts. The required
2. pressure for administrating the drug comes from the
elastomeric layer existing inside the pump. Pump failure can
have significant implications on patient safety, making it
mandatory for pumps to be operated by a trained person. The
global elastomeric infusion pumps market has been segmented
on the basis of product type, treatment type, end user, and
regions.
Growth of the global elastomeric infusion pumps market is
mainly driven by rising adoption and growing demand for
small disposable ambulatory pumps, due to its long term
home care rehabilitation program. Another prominent growth
driver is the increasing number of surgeries as a result of
increasing rate of hospitalization, which ultimately increases
3. the demand for elastomeric pumps for post-operative pain
management. However, rising R&D costs and frequent product
recalls, mostly due to design flaws, are expected to restrain
growth of the market over the forecast period.
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International harmonization, along with frequent product
inspections, is set to define the regulatory landscape for
elastomeric infusion pumps. Device manufacturers are
expected to invest more on better product designs to
minimize the probability of product recalls and adverse
impact on patient safety.
4. Based on product type, the market has been segmented into
continuous rate elastomeric pumps and variable rate
elastomeric pumps.
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Based on treatment, the market has been segmented into pain
management, antibiotic/antiviral, chemotherapy, and
chelation therapy (iron chelation). Pain management
treatment segment, followed by chemotherapy treatment
segment, is expected to account for the highest demand for
elastomeric infusion pumps over the forecast period.
5. Based on end users, the market has been segmented into
hospitals, clinics, ambulatory surgical centres, home care,
and others. Hospitals segment currently accounts for the
highest revenue of the elastomeric infusion pumps market.
Home infusion therapy is also gaining prominence in the U.S.
due to upcoming attractive reimbursement options.
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The global elastomeric infusion pumps market has been
segmented into five major regions: North America, Latin
America, Europe, Asia Pacific (APAC), and Middle East &
6. Africa (MEA). In terms of value, North America is estimated
to be the dominant market for global elastomeric infusion
pumps market in 2016 and expected to expand at a CAGR of
5.7% over the forecast period. Europe and APAC are
estimated to be the fastest growing markets in terms of
CAGR. APAC elastomeric infusion pumps market is expected
to register a CAGR of 7.1% over the forecast period.
Hospitals segment in the APAC elastomeric infusion pumps
market is expected to register a CAGR of 7.9% over the
forecast period, with growth driven by development of
healthcare infrastructure leading to more construction of
small and mid-sized hospitals, and increasing number of local
players and start-up firms entering this market.
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