Infusion pumps see a surge in demand
Infusion pumps are generally utilized to deliver fluids including nutrients and medicationssuch as insulin , chemotherapy drugs , antibiotics , pain relievers and hormonespatient's body in a controlled mannerGlobal marketThe global infusion pumps market is expected to reach USD 18.9 billion by 2025 from anestimated value of USD 13.5 billion in 2020 , growing at a CAGR of 7 percent during theThe growing demand for portable infusion pumps to minimize the healthcare expenditurehas escalated the market . Also , the biggest technology trend of wireless capability productsis driving demand Rising investments in R & D by the leading market players to bring aboutfurther innovations and advancements in their existing product range is also providing theequisite ImpetiThe key global players in this segment are Becton Dickinson , B Braun Melsungen , BaxterFresenius Kabi , ICU Medical , Medtronic , Moog , Smiths Medical , Terumo , RocheDiagnostics , Halyard Health , Mindray Medical and Micrel Medical DevicesNorth America dominated the intravenous infusion pumps market and accounted forrevenue share of 49.1 percent in 2019 owing to constant innovations in advanced medicals technican.
