According to a recently published report by Research Nester on “Blood Infusion System Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the blood infusion system market in terms of market segmentation by type, by route of administration, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global blood infusion system market is segmented by type, route of administration and end user. On the basis of type, the market is further segmented into Syringe, Volumetric, Ambulatory and Others. On the basis of route of administration, the market is sub segmented into Intravenous, Subcutaneous, Intra Muscular, Epidural Space and Others. On the basis of end user the market is categorized into Hospitals, Clinics, Research and Labs, Ambulatory Surgical Centers and Home Care Setting.
The global blood infusion system market is anticipated to witness a significant growth over the forecast period i.e. 2019-2027 owing to increase in chronic and fatal diseases coupled with rise in technological advancements. The increase in geriatric population and inclination towards unhealthy lifestyle is anticipated to drive the market growth during forecast period owing to rise in cardiovascular and neurological disorders. The volumetric segment is expected to have leading shares of around 38% during the forecast period owing to their ability to infuse large substances and integration with computerized systems. The hospitals segment is anticipated to have significant market growth owing to wide application area to cater coupled with the fact that hospitals are multi-specialty and have number of healthcare infrastructure facilities with availability of advanced features for functioning of blood infusion systems.
North America is anticipated to have leading market share owing to presence of major market players in the region. Europe region is expected to witness market growth on the back of improved healthcare facilities and rise in cases of neurological, cardio-vascular and cancer in the region on the back of their unhealthy lifestyle and eating habits. Asia-Pacific is expected to witness significant market growth on the back of prevalence of rise in geriatric population in the region leading to increased cases of age dependent chronic diseases.
The recent medical advancement that involves computer technology integration coupled with increase in geriatric population and chronic disease cases are anticipated to drive the market growth during the forecast period. However, the consistent programming issued faced and associated side effects are expected to operate as a key restraint to the growth of global blood infusion system market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the blood infusion system market which includes company profiling of Keifel Medical, Baxter, B. Braun Melsungen, CareFusion, Medtronic plc. Iradimed Corporation and Moog Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the blood infusion system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.