"Rising Chronic Disease Cases and Advancements in Medical Technology Drive Rapid Growth in the Infusion Pump Market" BOSTON , Nov. 8, 2024 /PRNewswire/ -- "According to the latest study from BCC Research " Infusion Pumps and Devices: Technologies and Global Markets, " the global market is expected to grow from $10.1 billion in 2024 to $14.
7 billion by the end of 2029 at a compound annual growth rate (CAGR) of 7.7% during the forecast period of 2024 to 2029." This report provides an in-depth analysis of the infusion pump market, including the market shares of leading companies.
The market is segmented by product types, including general-purpose infusion pumps, such as large-volume, syringe, electronic ambulatory, and elastomeric pumps, as well as specialty pumps such as insulin, patient-controlled analgesia, enteral, and implantable infusion pumps. The report focuses on application areas such as diabetes management, pain management/analgesia, nutrition, chemotherapy/oncology, and other therapeutic uses. End users are categorized into hospitals, home care, and alternate site care settings.
This report is especially relevant now due to the escalating prevalence of chronic diseases such as diabetes, cancer, and cardiovascular conditions, alongside the rapidly aging global population. These factors have significantly increased the demand for more sophisticated and reliable infusion pumps to manage complex treatment protocols, including smart infusion pumps with enhanced safety fea.
