United States Infusion Therapy Devices Market Trends, Size, Competitive Analysis and Forecast 2019-2025

Posted March 5, 2020 by larebomrglobal

United State Infusion Therapy Devices Market Size, Share & Trends Analysis Report by Product Type, by Application, and by End-User and Forecast Period

The United State infusion therapy devices market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 5.0% during the forecast period. High incidence and prevalence of chronic diseases including diabetes, cancer, and others are one of the major factors for the considerable market share of the country. High awareness related to health, high per capita expenditure on health, well-developed healthcare infrastructure, significant penetration of healthcare insurance is some of the other major factors for the growth of the market in the country. Due to this, most of the global players are active in the country offering their best product in the US market. As the US is the largest healthcare market, government regulations and the US FDA approval affect the launch of the product in other economies of the globe.

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The US 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.

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The major players contributing to the growth of the US infusion therapy devices market include B. Braun Melsungen AG, Becton, Dickinson, and Co., Infuserve America Inc., Ivenix, Inc., Medtronic PLC, Moog Inc., Novartis AG, and Terumo Corp. The players operating in the market adopt various strategies such as technology development, product launch, merger and acquisitions for gaining a sustainable position in the market that further propels the growth of the market. For instance, in May 2018, Baxter International, Inc. received an FDA approval for Spectrum IQ Infusion System with Dose IQ safety software. With this approval, the company will be able to commercialize and sell their products that will further increase their revenue in the market.

United States Infusion Therapy Devices Market Segmentation

By Product Type

• Infusion Pumps
• Consumables& Accessories

By Application

• Oncology
• Diabetes
• Gastroenterology
• Analgesia
• Hematology
• Others (Pediatrics)

By End-User

• Hospitals
• Homecare
• Ambulatory Surgery Centers

Company Profiles

• Avanos Medical, Inc.
• B. Braun Melsungen AG
• Baxter International, Inc.
• Becton, Dickinson and Co.
• Clinical Resources, Inc.
• CME America, LLC
• ICU Medical, Inc.
• Infuserve America Inc.
• Ivenix, Inc.
• Johnson & Johnson Services, Inc.
• Medtronic PLC
• Moog Inc.
• Novartis AG
• Pall Corp.
• Terumo Corp..

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Last Updated March 5, 2020