The Infusion Pumps Market was valued at US$ 11,378.8 million in 2017 and it is projected to reach US$ 18,045.6 million by 2025; it is expected to grow at a CAGR of 6.2% from 2018 to 2025.
The report highlights the trends prevalent in the global infusion pumps market and the factors driving the market along with those that act as restraints to its growth. The global infusion pumps market is witnessing a sheer rise in the current scenario and is expected to expand in the coming years. Growing geriatric population is an important factor expected to propel the demand of infusion pumps market.
Infusion pumps are widely used in geriatric population as it is an improved method to administer medication/ hormone/ nutrition and others. For instance, diabetes is a major cause of morbidity and mortality in ageing population that later largely attributable to various chronic complications. The number of ageing people with diabetes is increasing due to increased lifespan and the increased prevalence of diabetes in the geriatric population in the United States and worldwide. Infusion pump for diabetes provides more flexibility to the patient’s lifestyle while giving them greater control of the disease.
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The plastic surgical procedures like liposuction, abdominoplasty, and mammoplasty, require short hospital stay, patients are discharged for ambulatory recovery on oral analgesic management. However, anesthetists have started using infusion pumps to achieve adequate outpatient analgesic control. These pumps continuously administer and maintain constant plasma concentrations. According to the American Society of Plastic Surgeons in 2017, there were around 17.5 million surgical and minimally invasive plastic procedures performed in the United States.
Global infusion pumps market, based on type was segmented as, ambulatory pumps, volumetric pumps, syringe pumps, and accessories. In 2017, volumetric pumps segment held the largest share by the market, by type. This is mainly attributed to the benefit such as, accurate administration of large volume of drugs to patients.
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The growth of the infusion pumps market is primarily attributed to increasing incidence of chronic diseases. Moreover, the increasing number of surgical procedures performed is expected to fuel the market growth. Infusion pumps are used during surgeries to send pain medicine through catheter to a specific part of your body. Infusion pumps can provide targeted and consistent medicine to decrease the pain. They are used when other methods are less effective or when the patient need long-term medicines or fluids.
The List of Companies
1.	BD
2.	B. Braun Melsungen AG
3.	Terumo Corporation
4.	F. Hoffmann-La Roche Ltd.
5.	Medtronic
6.	Baxter International, Inc.
7.	Smith Medical
8.	Moog, Inc.
9.	ICU Medical, Inc.
10.	Insulet Corporation

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