Global Elastomeric Infusion Pumps Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 - (By Product Coverage, By Treatment Coverage, By End User Coverage, By Geographic Coverage and By Company)
Published Date: Jul 2024 |
Format:
| No. of Pages: 194
The market is predicted to rise from US$981 Mn in 2024 to US$1,900 Bn by 2031.
The rising chronic illnesses, home-based treatments, and technological advancements in pump design are propelling industry growth.
Medtronic, CareFusion (acquired by BD), Nipro Corporation, and B. Braun Melsungen AG are some key industry players.
Challenges like competition from alternative infusion methods, the issue of inaccurate flow rates, and the absence of alarms are restraining market expansion.
Continuous technological advancements and a growing focus on home healthcare services are major factors creating opportunities in the market.