[ad_1]
Pune, India, Feb. 10, 2022 (GLOBE NEWSWIRE) — The global infusion pumps market size worth USD 16.09 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. As per the published report by Fortune Business Insights, titled “Market Size, Share & Industry Analysis, By Type (Volumetric Pumps, Syringe Pumps, Enteral Pumps, Insulin Pumps, Elastomeric Pumps, Implantable Pumps, and PCA Pumps), By Application (Diabetes, Oncology, Pain Management, and Others), By End User (Hospitals & Clinics, Ambulatory Care Settings, Home Care Settings, and Others), and Regional Forecast, 2019-2026” the market size stood at USD 9.28 billion in 2018.
Key Development:
April 2017: Acquisition of BD for Caesarea Medical Electronics, the infusion pumps manufacturing company. The strategic acquisition will help the companies to cater to the advanced technological development of innovative infusion pumps.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/infusion-pump-market-102554
Market Growth Factors:
Growing Cases of Cancer and Diabetes to Aid Market Expansion
- Increase in geriatric population and rise in prevalence of chronic diseases. In addition, surge in adoption of portable infusion pumps to reduce hospital expenditure is expected to supplement the growth. Conversely, technological advancements in infusion pumps are expected to create lucrative opportunities for key market players during the forecast period.
- The increasing prevalence of…
Full story available on Benzinga.com
[ad_2]
Source link
