The global demand for Elastomeric Infusion Pumps Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Elastomeric Infusion pumps, also known as ball pump, is a medical device used for infusing medication. The medication may vary based on the therapy needed by the patient. The balloon pumps work by utilizing pressure to infuse the medication. There exists an elastomeric layer inside the pump which creates the pressure, this layer gets stretched when the pump gets filled. Neither gravity nor electricity is required for the functioning of elastomeric infusion pumps.
The growing demand coupled with the rising adoption of small disposable ambulatory pumps is a key factor driving the elastomeric infusion pumps market. Furthermore, the growing demand for postoperative pain management is yet another leading growth driver. These demands are reinforced by the increasing number of surgeries. On the other hand, high R&D costs, design flaws, and a dearth of trained physicians are expected to restrict market growth in the future. On the other hand, with more than 2.5 million people infected globally with COVID-19, hospitalization rate has increased exponentially. And, the number of infected people is persistently increasing across the globe. This is anticipated to create favorable prospects for the key players in the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of elastomeric infusion pumps.
The entire elastomeric infusion pumps market has been sub-categorized into pump type, application type and usage area. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Pump Type
By Application Type
- Continuous Rate Pumps
- Variable Rate Pumps
By Usage Area
- Pain Management
- Infection Management
- Cytostatic Treatment
- Hospitals and Clinics
- Ambulatory Care and Home Care
This section covers regional segmentation which accentuates on current and future demand for elastomeric infusion pumps market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Elastomeric Infusion Pumps Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the elastomeric infusion pumps market include Braun Melsungen AG, Fresenius Kabi AG, Leventon S.A.U., Ambu A/S, Baxter International Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.