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Global Elastomeric Infusion System Market
Global Elastomeric Infusion System Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

BriefingWire.com, 10/09/2017 - The positive growth factors for elastomeric infusion system market is increase in adoption, growing demand for small disposable infusion pumps, and its wide range of application in various fluid drug delivery systems. In addition, increase in number of surgeries as a result of increased rate of hospitalization that ultimately increases the demand for elastomeric pumps for postoperative pain management conditions. Elastomeric infusion pump system offers several advantages over electronic pumps including portability, feasible demonstration, low weight, size, ease of use, and less interference with sleep. However, difficulties in detection of delivery rate accuracy, and abnormal drug delivery are restraining factors for growth of the market. Furthermore, increasing R&D costs and frequent product recalls, mostly due to design flaws, are expected to hamper the elastomeric infusion system market.

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Elastomeric infusion system market has been segmented on the basis of product type, indication and end-user

Based on product type, elastomeric infusion system market is segmented into

Continuous Rate Elastomeric Infusion System

Variable Rate Elastomeric Infusion System

Based on indication, elastomeric infusion system market is segmented into

Pain Management

Infectious Disease treatment

Inversional Chemotherapy

Iron Chelation

Based on end-user, elastomeric infusion system market is segmented into

Hospitals

Ambulatory Surgical centres

Homecare Settings

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Elastomeric infusion system market is expected to show significant growth rate owing to rise in demand for disposable ambulatory infusion pumps. Market players are actively participating in innovative strategies to expand their market share. For instance in April 2017, B. Braun Medical Inc. launched “esaypump home infusion therapy app”, offers educational content to clinicians and patients on safe usage of B. Braun Medical’s easypump elastomeric infusion pump. Furthermore, companies are focusing on collaborations and mergers & acquisitions to expand their market share. For instance, in January 2015, Fresenius Kabi (Fresenius SE & Co. KGaA) entered into multiyear distribution agreement with Halyard Health to distribute Halyard Health’s disposable elastomeric intravenous infusion pumps. By this agreement Fresenius Kabi expanded the product portfolio.

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Some of the players in elastomeric infusion system Market includes B. Braun Holding GmbH & Co. KG (Braun Melsungen AG.) (Germany), Fresenius SE & Co. KGaA (Fresenius Kabi AG) (Germany), Halyard Health, Inc. (U.S.), Leventon S.A.U (Spain), Ambu A/S (Denmark), Baxter International Inc. (U.S.), Nipro Corporation (Japan), and Woo Young Medical Co. (Jincheon) to name a few.

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