Middle East and Africa Infusion Pumps Market Overview:
The Middle East and Africa (MEA) Infusion Pumps market was valued at USD 761 million in 2018 and is expected to reach USD 1,098.6 million by 2025, growing at a CAGR of approximately 5.49% during the forecast period.
Infusion pumps are external devices used in health services to administer medications, nutrients and liquids to the patient’s body in precise quantities and controlled by intravenous, subcutaneous and arterial routes. Infusion pumps are of mainly of two types, one for stationary use and the other for portable use. Fixed infusion pumps are used in hospitals for patients, while the portable infusers are small and can be used during the times of traveling. In general, infusion pumps are preferred for the treatment of analgesics, chemotherapy drugs, liquids and insulin because patients who use these medications require a precise and conditional does.
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Drivers and Restraints:
Infusion pumps are used in the treatment of chronic disorders to administer medications such as chemotherapy and diabetes. Infusion pumps play an important role in the administration of specific medications in these disorders. In recent years, the prevalence rate of chronic disorders is increasing, the rapid growth of technology in health care leads to raising awareness, and the number of diabetic people is also mounting. All these factors support the market growth in the Middle East and Africa region. Advantages such as technology, security features, and availability of different sizes of devices also stimulate market growth. Although infusers with certain adverse events may be the result of user error, many of the events reported are related to design flaws in the device and software, which can create problems on their own or contribute to a user error.
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Geographical Analysis:
The MEA is anticipated to register the slowest growth rate in the coming years, which is supported by the increase in disposable income, and improvement in patient awareness about infusion therapies. MEA is a prominent region and is home to some of the world’s highly luxurious countries. Thus, this region has emerged as an epicenter of cancer, diabetes, and cardiovascular diseases.
Key Players Covered in this Middle East and Africa Infusion Pumps Market Report are: Hospira Inc, CareFusion Corporation, Baxter International, Inc. Medtronic, Inc, Smiths Medical, Fresenius Kabi AG, Braun Melsungen AG, Terumo Corporation Nipro Corporation and Codman & Shurtleff, Inc.
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