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Programmable Infusion Pumps and Catheters Market Opportunity Analysis-2027
Programmable Infusion Pumps and Catheters Market Opportunity Analysis-2027
“Coherent Market Insights “PROGRAMMABLE INFUSION PUMPS AND CATHETERS MARKET – GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027?

The global ProgrammableInfusion Pumps And Catheters Market by Product Type (Volumetric Pumps,Syringe Pumps, Enteral Pumps, Insulin Pumps, Implantable Pumps, PatientControlled Analgesia Pumps, and Pump Accessories), by Modality (Portable andStationary), by Application (Oncology, Pediatrics/Neonatology, Pain,Gastroenterology, Hematology, and Diabetes), by Channel Type (Single Channeland Multi-Channel), by End User (Hospitals, Ambulatory Clinics, Homecare,Clinics, and Others), and by Region (North America, Latin America, Europe, AsiaPacific, the Middle East, and Africa) was valued at US$ 8,365.3 million in2017, and is projected to exhibit a CAGR of 5.8% over the forecast period(2018–2026), as highlighted in a new report.

New product launches andtherapeutic advantages, such as dose monitoring, offered by programmable infusionpumps over manual counterparts are expected to boost the global programmableinfusion pumps and catheters market growth. Moreover, key players in the marketare focused on launching new products in order to enhance their market share.For instance, in 2018, Baxter International Inc., a company involved ininnovative technology for medication delivery, received approval for SpectrumIQ Infusion System with Dose IQ Safety Software from U.S. Food and DrugAdministration (FDA). Spectrum IQ system is designed specifically forbi-directional electronic medical records (EMR) integration, along withfeatures that assist appropriate dosing of medications to the patient.

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Browse 24 Market Data Tables and33 Figures spread through 181 Pages and in-depth TOC on global programmableinfusion pumps and catheters market, by Product Type (Volumetric Pumps, SyringePumps, Enteral Pumps, Insulin Pumps, Implantable Pumps, Patient ControlledAnalgesia Pumps, and Pump Accessories), by Modality (Portable and Stationary),by Application (Oncology, Pediatrics/Neonatology, Pain, Gastroenterology,Hematology, and Diabetes), by Channel Type (Single Channel and Multi-Channel),by End User (Hospitals, Ambulatory Clinics, Homecare, Clinics, and Others), andby Region (North America, Latin America, Europe, Asia Pacific, the Middle East,and Africa) - Global Forecast to 2026.

Strategic mergers andacquisitions by key players is expected to support the global programmableinfusion pumps and catheters market growth. For instance, in April 2017, BD(Becton, Dickinson and Company), a global medical technology company completedthe acquisition of Caesarea Medical Electronics (CME), a global manufacturer ofinfusion pump systems. This merger resulted in expansion of company’s homecare, specialty applications, and ambulatory infusion portfolio.

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Key Takeaways of the globalprogrammable infusion pumps and catheters market:

The global programmable infusionpumps and catheters market is expected to exhibit a CAGR of 8% over theforecast period. This is owing to increasing research and developmentactivities by key players and product launches.

Manufacturers are focused on strategicmergers and acquisitions, as well as raising funds for obtaining productclearance and product commercialization

North America is expected to bedominant in the global programmable infusion pumps and catheters market overthe forecast period, owing to product launches and active research anddevelopment activities by key players in the region

Major players operating in theglobal programmable infusion pumps and catheters market include, ICU Medical,Inc., Smiths Group plc., Baxter International Inc., Fresenius Se & Co.KGaA, Johnson & Johnson, Medtronic plc., Becton, Dickinson and Company,Terumo Corporation, B. Braun Melsungen AG, and Moog Inc.

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