Drug Delivery Infusion System Market Size, Share, Forecast By 2021 - 2028

The Global Drug Delivery Infusion System Market is expected to grow at a CAGR of 14.3% during the forecasting period (2021-2028).

Airmont, New York Nov 9, 2021 (Issuewire.com) - Market Overview

The Global Drug Delivery Infusion System Market is expected to grow at a CAGR of 14.3% during the forecasting period (2021-2028).

Drug Delivery Infusion Systems are used to administer medications and fluids to critically ill patients by infusion.

The global 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 indications over the forecast period. However, factors concerning patient safety and improper infusion leading to severe consequences will hamper the growth of the market.

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Market Segmentation

By Product Type

• Volumetric pumps
• Syringe Infusion Systems
• Ambulatory Infusion Systems
• Implantable Infusion Systems
• Insulin Infusion pumps
• Enteral Infusion Systems

By Application

• Oncology/Chemotherapy
• Diabetes
• Analgesia
• Nutrition
• Haematology
• Pediatrics

By End-User

• Hospital
• Ambulatory Surgical Centre
• Home care setting

Regionally, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW. North America accounted for the largest market share in the global 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. The report also profiles the following companies in the Drug Delivery Infusion Systems market - Acromed AG, B. Braun Melsungen AG, Baxter International, Becton Dickinson and Company, Caesarea Medical Electronics Ltd., Flowonix Medical Inc., Fresenius Kabi, IRADIMED CORPORATION, Medtronic, Terumo Corporation, ICU Medical, Inc. and Insulet Corporation.

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Source :DataM Intelligence

This article was originally published by IssueWire. Read the original article here.