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Infusion Therapy Devices Market Growth Fuelled By Rising Geriatric Population

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Vaishali Reddy
Infusion Therapy Devices Market Growth Fuelled By Rising Geriatric Population

"The infusion therapy devices market will earn a noticeable revenue evaluated at $9,340.66m through to 2023. The market will reach this revenue by proceeding at a CAGR of 4.29% during the forecast period 2018-2023."

 

The geriatric population is on a rise in the continent of North America owing to immigrants from World War II having fled to countries such as the United States of America and Canada have started reaching an old age in the current scenario, and their indigenous population adding to the geriatric the populace, the healthcare industry is adopting methods and technologies in accordance with them. Healthcare analysts at IndustryARC have recently published a report on infusion therapy devices market size which cites the above-stated fact as its growth driver. According to the analyst, the infusion therapy devices market will earn a noticeable revenue evaluated at $9,340.66m through to 2023. The market will reach this revenue by proceeding at a CAGR of 4.29% during the forecast period 2018-2023. This report covers Infusion Therapy Devices Market Size by type and application, Infusion Therapy Devices Market share by top 5 companies and also the market share by start-ups during the forecast period.

The IndustryARC report titled ‘Infusion Therapy Devices Market: By Type (Infusion type, Infusion method); By Pumps (Large volume pumps, Syringe pumps, Disposable pumps); By Accessories and consumables (I.V sets, Infusion sets, Needless connectors); By Application (Chemotherapy, Pain management, Enteral nutrition); By End users (Hospitals, Clinics, Home healthcare); By Geography - Forecast (2018-2023)’ has additional details about innovation in healthcare industry pertaining to infusion therapy devices which are being used in hospitals around the world.

View Full Table of Contents of Infusion Therapy Devices Market:

https://www.industryarc.com/Report/96/global-infusion-therapy-devices-infusion-pumps-market.html

Report Price(Single User): US $3850

Infusion Therapy Devices Market: Regional Analysis

Infusion therapy devices market has seen an extraordinary rise in North America in the recent past. The analyst of the report calculated $2,445.5m revenue earned by this region in 2018. Chronic diseases are on an unprecedented rise in countries such as United States of America and Canada. With severe lifestyle changes and unhealthy food emanating from composite cultures in these countries, people are getting frail with every passing day. This generates a high demand for the infusion therapy devices market and provides it a boost. Another factor that is responsible for this demand share is technological advancements in infusion devices that are taking place inside medical research centres in the continent of North America. Prominent medical institutes such as Johns Hopkins School of Medicine has a multitude of researchers working on this specific technology.

Infusion Therapy Devices Market: Disruptive Trends

Accu-Chek Spirit Insulin Pump:
Roche Diagnostics Corp, a Switzerland based medical company has come up with an insulin pump that is being praised for its ease of accessibility and flexible options. It can easily be used by both patient and a nurse using navigation based operating system that can be customized according to the user’s knowledge level.

Postmenopausal Osteoporosis:
Switzerland based Novartis International AG, a well-known medical corporation in the world has invented an infusion therapy device called Reclast. This is meant especially for women who are suffering from arthritis after attaining menopause. It can also be used in men to prevent glucocorticoid-induced osteoporosis.

Talk to one of our sales representative about the full report by providing your details in the link below:

https://www.industryarc.com/support.php?id=96

Infusion Therapy Devices Market: Competitive Landscape

A number of companies have been researching and developing in the infusion therapy devices market and have a key role to play in its growth. These companies include Roche Diagnostics Corp, Medtronic PLC, Smiths Medical, Novartis International AG, Kimberley Clark Corp, Becton Dickinson, B. Braun Melsungen AG, Fresenius SE & Co., Terumo Corporation, and Hospira Inc.

Related Reports:

A. Home Healthcare Market

https://www.industryarc.com/Report/102/home-healthcare-products-services-equipment-market.html

About IndustryARC:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.

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Mr. Venkat Reddy

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