A recent report published by Infinium Global Research on the ambulatory infusion pumps market provides an in-depth analysis of segments and sub-segments in the global as well as regional ambulatory infusion pumps market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ambulatory infusion pumps market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global ambulatory infusion pumps market. According to the report, the global ambulatory infusion pumps market is projected to grow at a CAGR of 6.2% over the forecast period of 2021-2027.

Market Insight

An Ambulatory Infusion Pump (AIP) is powered by a compact battery used for slowly delivering medications and drugs such as antibodies and chemotherapy into a patient’s body. Ambulatory infusion pumps market are primarily used for delivering occasionally arterial infusions, epidural, intravenous (IV), and others. They are a vital mode of drug delivery in a broad array of clinical conditions. Technologies allowing automated drug delivery and drug self-administration in outdoor healthcare settings are becoming more adaptable and sophisticated. As ambulatory pumps are introduced as a part of primary patient therapy they are more commonly used for treatment. There are numerous models of ambulatory pumps available in the market used for different sets of treatment.

According to International Agency for Research on Cancer, there were 19.3 million new cases of cancer in 2020 around the world and there are 422 million diabetic patients in the world according to World Health Organization (WHO). Thus, the patients seeking intravenous treatment are expected to push the demand for the ambulatory infusion pumps market. Especially, for cancer patients, ambulatory infusion pumps market are used in chemotherapy treatment. Additionally, the number of diabetic patients demanding insulin infusion pumps is expected to grow. This factor is majorly driving the market. The increasing accessibility to medical treatment is also expected to aid the growth of the market. Healthcare facilities both private and public are rapidly spreading around the world. Additionally. Alternative healthcare settings at home are also increasing the accessibility to medical treatment for the patients. The only factor restraining the growth of the market is the stringent regulations of authorities. The parameters for clearing the clinical trials are high. New opportunities in the market are expected to arise as rapid technological innovations in the ambulatory infusion pumps market are taking place.

North America is expected to dominate the market. Asia-Pacific is expected to grow at the fastest rate in the market. People follow a sedimentary lifestyle in North America. Thus, the number of diabetic patients is high in the region. Also, there is the prevalence of other chronic diseases. Additionally, the healthcare facilities are highly advanced in North America and are easily accessible to people. Thus, the penetration of the ambulatory infusion pumps market is high in intravenous therapies is high.

Segment Covered

The report on the global ambulatory infusion pumps market covers segments such as product type, application, and end user. On the basis of product type, the sub-markets include implantable infusion pumps, volumetric pumps, syringe infusion pump, enteral infusion pumps, and others. On the basis of application, the sub-markets include chemotherapy, oncology, gastroenterology, pediatrics and neonatology, hematology, analgesia and pain management, and others. On the basis of end user, the sub-markets include hospitals, ambulatory surgery centers, and home care and outpatient settings.

Companies Profiled:

The report provides profiles of the companies in the market such as Becton, Dickinson and Company, Medtronic Plc, Baxter International Inc., B. Braun Melsungen AG, Fresenius SE & Co. KGaA, ICU Medical Inc., Smiths Group Plc., Hospira Inc., Sorenson Medical Products Inc., and Zyno Medical LLC.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the ambulatory infusion pumps market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.