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(Medical-NewsWire.com, October 29, 2019 ) Market Overview:
Drug Delivery Infusion Systems are used to administer medications and fluids to critically ill patients by infusion. The Drug Delivery Infusion Systems market was estimated at USD 9 billion in 2017.
The market is driven by the increased prevalence of chronic diseases such as cancer and diabetes coupled with rising demand for improved patient care. As a result, the market will witness increased usage across different therapeutic indication over the forecast period. However, factors concerning patient safety and improper infusion leading to severe consequences will hamper the growth of the market.
By Product Type
Syringe Infusion Systems
Ambulatory Infusion Systems
Implantable Infusion Systems
Insulin Infusion pumps
Enteral Infusion Systems
By End User
Ambulatory Surgical Centre
Home care setting
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Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
North America accounted for the largest market share in the Drug Delivery Infusion Systems market in 2017 owing to positive government regulations and reimbursement policies. Asia Pacific region recorded the highest growth rate because of rising healthcare expenditure and increasing patient awareness.
Significant players of the market are Acromed AG, B. Braun Melsungen AG, Baxter International, Becton Dickinson and Company, Caesarea Medical Electronics Ltd., Flowonix Medical Inc., Fresenius Kabi, IRADIMED CORPORATION, Medtronic, Others.
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