According to the latest report by IMARC Group, titled “Elastomer Infusion Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global elastomer infusion pump market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Elastomer infusion pumps, also known as balloon or ball pumps, are medical devices that contain balloon-like chambers that exert pressure to administer liquid drugs at a steady rate. They are designed to infuse low molecular weight drugs such as chemotherapy, anesthetic, analgesic and antibiotic. In recent years, elastomer infusion pumps have gained traction as disposable, compact, portable, and lightweight pumps are available for residential purposes.
Recently, the onset of coronavirus disease has prompted healthcare facilities across the globe to use elastomeric infusion pumps to ensure adequate treatment of critically ill patients. Besides this, the increasing prevalence of cancer resulting in the significant need for chemotherapy is another growth-inducing factor impelling the market growth. Furthermore, the need for elastomer infusion pumps is rising to provide post-operative pain management due to the escalating number of orthopedic procedures and surgeries. Moreover, several manufacturers are offering products with an inline filter to reduce the risk of air embolism and particle contamination, high flow rate accuracy and minimal residual volume for complete drug administration. These factors are anticipated to provide a positive outlook to the market in the coming years.
Elastomer Infusion Pump Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global elastomer infusion pump market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Avanos Medical Inc.
- Braun Melsungen AG
- Baxter International Inc.
- Daiken Medical Co. Ltd.
- Nipro Corporation
- O&M Halyard Inc
- Palex Medical S.A.
- Pfizer Inc. (Hospira Inc.)
- pfm medical ag.
- Samtronic Industria e Comercio LTDA
- Smiths Group plc.
- Woo Young Medical Co. Ltd
Key Market Segmentation:
The report has segmented the global elastomer infusion pump market on the basis of product, application, end user and region.
Breakup by Product:
- Continuous Rate Pumps
- Variable Rate Pumps
Breakup by Application:
- Pain Management
- Infection Management
- Chemotherapy
- Others
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Care
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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