June 11, 2021
According to the research report titled ‘Implantable Infusion Pumps Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report, global implantable infusion pumps market is likely to generate substantial revenues by the year 2026.
Booming elderly population and rising pervasiveness of chronic diseases are primarily driving global implantable infusion pumps market growth.
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For the record, intra-arterial, intrathecal, subcutaneous, intravenous, intraperitoneal, and epidural routes are all used to deliver medications using an implantable infusion pump. The device is implanted within the abdomen wall's subcutaneous patch, and a catheter can be inserted into the recommended area.
Strict regulatory requirements, and increasing instances of product recalls could potentially hinder global implantable infusion pumps market expansion in the ensuing years.
The document encompasses a thorough investigation of the restraints and opportunities in the marketplace along with historical data (2018-2020) and forecast statistics (2021-2026). It also takes into account the opinions of KOL (Key Opinion Leaders) and SME (Subject Matter Expert) through primary research to close the data gaps and authenticate the forecasts statistics. Their input helps in the comprehension and validation of current and emerging therapy treatment patterns.
The report also sheds light on the growth potential of the various sub-markets, including the product type, end user scope, and regional bifurcation.
Speaking of product landscape, the industry segmentation comprises chemotherapy infusion pumps, ambulatory infusion pumps, enteral infusion pumps, patient-controlled analgesia (PCA) pumps, volumetric infusion pumps, insulin pumps, and others. Moving on to end user scope, the market is categorized into specialty clinics, hospitals, and others.
Elaborating on geographical ambit, global implantable infusion pumps industry sphere is segmented into Japan, the United Kingdom, Spain, France, Germany, Italy, and the United States.
Top contenders in global implantable infusion pumps industry are Johnson & Johnson (J&J), Flowonix Medical Inc., Hospira Inc. (acquired by Pfizer Inc.), Moog Inc., Terumo Medical Corporation, Fresenius Kabi, and Medtronic plc.
The document provides actionable insights into the competitive arena, highlighting the popular strategies employed by leading players to ensure strong profit margins in the forthcoming years.