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Infusion pump market to grow at a CAGR of 5% during 2017 to 2023 according to new research report

Medical Market Research

Infusion Pump Market Report | Global Industry Outlook, Analysis and Forecast 2017-2023

The Global infusion pump market is growing at a steady pace. The global infusion pump market is expected to reach USD 9710.2 million by 2023 from USD 6534.2 in 2016 with a CAGR of 5% during the forecast period.

Browse details of 125 pages research report on Global Infusion Pump Market at…7-2023/1050401954 Make an Inquiry about this news

Various factors that supports the growth of the market are; increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements in infusion systems. Furthermore the factors such as patient safety concerns and improper infusion leading to the severe consequences, unmet medical needs in the low income countries are hampering the growth of infusion pump market globally.