The global infusion therapy devices market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 6.0%, during the forecast period. The market is backed by growing chronic diseases, such as cancer and diabetes across the globe. The major reason for increasing chronic disease, includes a lack of nutritious diet, physical activities, and aging population. Needles, Infusion pumps, intravenous sets, and docking stations are the mostly used infusion therapy devices in medical applications. A significant rise in the prevalence of diabetes and cancer have witnessed across the globe. For instance, according to the World Health Organization (WHO), global cancer incidences are anticipated to have increased to 18.1 million new incidences and 9.6 million mortalities in 2018.
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Segmental Outlook
The global infusion therapy devices market is segmented on the basis of product type, application, and end-user. Based on the product type, the market is classified into infusion pumps and consumables& accessories. Based on the application, the market is segregated into oncology, diabetes, gastroenterology, analgesia, hematology, and others. The end-user segment is classified into hospitals, home care, and ambulatory surgery centers.
Market Segmentation
Global Infusion Therapy Devices Market by Product Type
- Infusion Pumps
- Consumables& Accessories
Global Infusion Therapy Devices Market by Application
- Oncology
- Diabetes
- Gastroenterology
- Analgesia
- Hematology
- Others (Pediatrics)
Global Infusion Therapy Devices Market by End-User
- Hospitals
- Homecare
- Ambulatory Surgery Centers
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