Global Market Study on Elastomeric Infusion Pumps: Increasing Awareness about Evidence-backed Treatment to Improve Growth Prospects


Elastomeric Infusion Pumps  Market
  • Published On : May-2019 |
  • Pages : 181 Pages |
  • Format :

The availability of user-friendly, disposable, and low-cost elastomeric infusion pumps

Companies in the elastomeric infusion pumps market are focused on manufacturing user-friendly elastomeric infusion pumps with flow sensors and regulators for the accurate measurement of drug delivery rates. Moreover, some companies, as a part of their strategy to capture a larger market share, are launching elastomeric infusion pumps with additional features. For example, Fluonic. Inc. launched SURE+ product, a fully disposable pump that can regulate drug flow. SURE+ is built on the framework of a common inexpensive elastomeric infusion pump, with the addition of a fluonic flow sensor and regulator.

Rapid industrialization in emerging economies in the East African belt, Eastern Europe, and Asia Pacific regions is supporting the production and R&D of low-cost medical devices. The availability of a well-developed manufacturing infrastructure, low-cost labour, and trained technicians in countries such as China are also among factors supporting growth of the market. Companies that manufacture elastomeric infusion pumps, such as Baxter and B. Braun Melsungen AG, have R&D centres as well as manufacturing divisions based in emerging economies such as India, Brazil, and China. Not only is this strategy profitable, but also results in an increase in the sales of elastomeric infusion pumps in these high-growth markets.

Fragmented market with the presence of few established brands and several local players

The global elastomeric infusion pumps market is fragmented in nature, with the prevalence of oligopolistic competition among few renowned brands in the market. Following the patent cliff in the elastomeric infusion pumps market, established manufacturers are exploring newer opportunities for revenue generation. Considering the growth prospects in emerging markets, various companies, such as Baxter, B. Braun Melsungen AG., Fresenius Kabi, and several others, are competing to capture the maximum share in emerging markets. Marketplace discussions related to elastomeric infusion pumps indicate that portable regional anaesthesia applications exhibit large untapped opportunities for elastomeric pump manufacturers, and this trend is widely observed in the U.S. elastomeric infusion pumps market in ambulatory care centres, dental care units, and cancer care centres.

elastomeric infusion pumps market

Greater attention toward evidence-backed treatments

The caregiving model across the world is changing into an evidence-backed system for the better tracking of capital flow, the progress of patients, and reducing the duration of hospital stays. One of the most important requirements of evidence-backed treatment is found in Acute Pain Service (APS). During marketplace discussions, most hospitals showed preference toward the usage of elastomeric infusion pumps instead of electronic ambulatory pumps and patient-controlled analgesia pumps for pain management.

The primary factors were ease of usage, low cost, discreteness, fewer issues, and less chances of fatalities. These factors are leading to an increase in the number of hospitals floating tenders for the procurement of better-quality elastomeric infusion pumps, and this trend is being observed in developed and developing markets in North America, Asia Pacific, and Europe. Thus, growing awareness regarding evidence-backed treatment is expected to fuel the growth of the elastomeric infusion pumps market during the forecast period.

Frequent product recalls and reported errors

An approximate of 56,000 reports of opposing events linked with the usage of elastomeric infusion pumps, which include numerous deaths and injuries, was received by the U.S. FDA during 2005–2009. Of these, elastomeric infusion pumps accounted for only 2.8% of the overall adverse effects reported. However, the U.S. FDA has become more stringent with regards to the clearance process of elastomeric infusion pumps, thus leading to longer mark-to-market timings and product recalls & rejections. This is expected to hamper the revenue flows of manufacturers operating in the elastomeric infusion pumps market.

Elastomeric infusion pumps are among the most recalled medical devices due to design deficiencies. Other errors associated with these pumps include software problems, alarm errors, inadequate user interface design (human factor issues), damaged components, battery failure, fire, sparks, charring, or electric shocks, which is likely to hamper the growth of the elastomeric infusion pumps market throughout the forecast period.

Definition

Elastomeric infusion pumps, which are also referred to as balloon pumps, are used as medical aids for the administration of liquid drugs such as analgesics, local anesthetics, antibiotics, or cytostatics, based on the treatment therapy. The required pressure to administer the drug is generated from the balloon/elastomeric layer that is molded inside elastomeric infusion pumps. This layer is stretched when elastomeric infusion pumps are filled. The elastic constriction leads the liquid via tubing and gradually through a flow restrictor out into the patient connection.

 About the Report

PMR conducted a research study on the elastomeric infusion pumps market for the forecast period 2019 to 2030. The report offers a comprehensive evaluation of the business opportunities prevailing in the elastomeric infusion pumps market, along with insights on the elastomeric infusion pumps market value analysis based on the region, global & regional market trends, pricing analysis based on product type, regulatory scenario, macro-economic factors, industry insights, pricing analysis by vendors, new disease indication forecast analysis, hazard analysis, and volume analysis by vendors. The elastomeric infusion pumps market report elaborates the macro-economic factors influencing the dynamics of the market and its futuristic potential.

Elastomeric Infusion Pumps Market: Segmentation

The report on the elastomeric infusion pumps market offers a comprehensive taxonomy of the market for elastomeric infusion pumps based on product type, treatment type, distribution channel, and region. By product type, the elastomeric infusion pumps market is segmented into variable rate elastomeric infusion pumps and continuous rate elastomeric infusion pumps. By treatment type, the elastomeric infusion pumps market is segmented into antibiotic/antiviral, pain management, chemotherapy, and others. The others segment is sub-segmented into chelation therapy and nutrition intake. By distribution channel type, the elastomeric infusion pumps market is segmented into hospitals, ambulatory surgical centers, home care settings, clinics, and others. By region, the elastomeric infusion pumps market is segment into North America, Latin America, Europe, APAC, and Middle East & Africa.

Additional Questions Answered

Some of the additional questions addressed in this report on the elastomeric infusion pumps market are:

  • What is the revenue potential of the elastomeric infusion pumps market across the regions of North America and Europe?
  • Who are the key competitors and what are their portfolios in the elastomeric infusion pumps market?
  • What are the major challenges influencing the growth of the elastomeric infusion pumps market?
  • How is the intervention of regulatory authorities shaping the growth of the elastomeric infusion pumps market? 

A recent market study published by the company “Elastomeric Infusion Pump Market: Global Industry Analysis (2012-2018) and Forecast (2019-2030)” consists of a comprehensive assessment of the most important market dynamics. Upon conducting thorough research on the historic as well as current growth parameters of the elastomeric infusion pumps market, the growth prospects of the market have been obtained with maximum precision. The report features the unique and salient factors that will have a significant impact on the development of the elastomeric infusion pumps market during the forecast period. The report will also help market players to modify their manufacturing and marketing strategies to envisage maximum growth in elastomeric infusion pumps market in the upcoming years. The report provides detailed information about the current and future growth prospects of the elastomeric infusion pumps market in a comprehensive manner for the better understanding of the readers.

Chapter 01 – Elastomeric Infusion Pumps Market - Executive Summary

The report commences with an executive summary of the Elastomeric Infusion Pumps market report, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the elastomeric infusion pumps market and market trends.

Chapter 02 – Elastomeric Infusion Pumps Market - Market Introduction

Market introduction comprises detailed market definitions. Readers can find detailed taxonomy and the definitions associated with the elastomeric infusion pumps market in this chapter, which will help them gather the basic information about the elastomeric infusion pumps market.

Chapter 03 – Elastomeric Infusion Pumps Market - View Point

Market key trends include market trends for the elastomeric infusion pumps market, opportunity analysis, market structure analysis, regulatory scenario, industry insights, hazard analysis, new disease application analysis, market sales volume by manufacturer, upcoming trends feasibility analysis, market maturity analysis, value chain analysis, and macro-economic factors for Elastomeric Infusion Pumps across regions.

Chapter 04 – North America Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030

This chapter includes a detailed analysis of the growth of the North America elastomeric infusion pumps market, along with the country-wise assessment for the U.S. and Canada. Readers can also find information about the regional market growth based on the treatment type, product type, distribution channel, and countries in the North America region. Market drivers & restraints analysis and regional trends is also covered under this section.

Chapter 05 – Latin America Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030

Readers can find detailed information about factors, such as the key market drivers & restraints and regional trends that are impacting the growth of the Latin America market. This chapter also discusses the growth prospects for the elastomeric infusion pumps market in the leading LATAM countries such as Brazil, Mexico, Argentina, and the rest of Latin America region. Drivers and restraints impact analysis for various forecast factors for the region is also given in this section.

Chapter 06 – Europe Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030

The growth prospects of the elastomeric infusion pumps market are based on treatment type, product type, and distribution channels in several European countries, such as the Germany, France, UK, Italy, Russia, Spain, and the rest of Europe, have been included in this chapter. Country-wise market size and market attractiveness index has also been included in this section. Drivers and restraints impact analysis for various forecast factors for the region is also given in this section.

Chapter 07 – APAC Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030

The section includes data for China, India, Japan, Australia & New Zealand and rest of APAC region. Readers can find thorough information about the growth parameters in the APAC Elastomeric Infusion Pumps market for the period 2013–2028. Country-wise market size and market attractiveness index has been included in this section. Drivers and restraints impact analysis for various forecast factors for the region is also given in this section.

Chapter 08 – Middle East and Africa Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030

This chapter provides information about how the market will grow in the major countries of MEA region, such as GCC countries, South Africa, and the rest of Middle East and Africa, during the period 2012–2030. Country-wise market size and market attractiveness index has also been included in this section.

Chapter 09 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in this report.

Chapter 10 – Competition Analysis

This section covers the competition dashboard for all the key manufacturers in the elastomeric infusion pumps market. The company profiles for various key manufacturers are also mentioned in this section. Company profiles includes are, Baxter International Inc., Fresenius Kabi AG, B. Braun Melsungen AG, Ambu A/S, Leventon, S.A.U., Nipro Corporation, Terumo Corporation, and Avanos Medical, Inc.

Chapter 11 – Global Elastomeric Infusion Pumps Market Analysis 2012-2018 and Forecast 2019–2030, By Region

By region, the elastomeric infusion pumps market is segregated into 5 major regions, namely Latin America, North America, Europe, APAC, and the Middle East and Africa. In this chapter, readers can find information about the key trends and developments in the elastomeric infusion pumps market and the market attractive analysis for individual regions pertaining to the product type, treatment type,

Chapter 12 – Global Elastomeric Infusion Pumps Analysis 2012-2018 and Forecast 2019–2030, By Product Type

The product type segment of the elastomeric infusion pumps market is segmented into variable rate and continuous rate infusion pumps. This section provides the reader a global insight on the elastomeric infusion pumps market by the product type.

Chapter 13 – Global Elastomeric Infusion Pumps Analysis 2012-2018 and Forecast 2019–2030, By Treatment Type

The test type segment of the elastomeric infusion pumps market is segmented into pain management, chemotherapy, antibiotic/antiviral and others. By others, the market is sub-segmented into chelation therapy and nutrition intake. This section provides the reader a global insight on the elastomeric infusion pumps market by the treatment types.

Chapter 14 – Global Elastomeric Infusion Pumps Analysis 2012-2018 and Forecast 2019–2030, By Distribution Channel

This section includes global market analysis based on distribution channel, the market is segmented into hospitals, ambulatory surgical centres, home care settings, clinics, and others. This section provides the reader a global insight on the elastomeric infusion pumps market by the distribution channel.

Chapter 15 – Global Elastomeric Infusion Pump Market Analysis 2012–2018 and Forecast 2019–2030

This section includes global market analysis and forecast. The section also covers incremental opportunity and absolute $ opportunity for the forecast period 2019-2030.

Chapter 16 – Research Methodology

This chapter will helps readers understand the research methodology followed to obtain various conclusions and important qualitative & quantitative information about the elastomeric infusion pumps market.

Companies Profiles

  • Baxter International, Inc.
  • Fresenius Kabi AG
  • B. Braun Melsungen AG
  • Ambu A/S
  • Leventon, S.A.U.
  • Nipro Corporation
  • Terumo Corporation
  • Avanos Medical, Inc.
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