Global Infusion Pump Market Insights, Size and Growth Forecast To 2027
The global infusion pumps market is expected to grow at a CAGR of ~8.8% from 2021 to reach ~22.06 billion by 2027. The growth is primarily attributed to prevalence of chronic diseases, increasing geriatric population, rising demand for infusion pumps and increasing number of surgeries performed across the globe. However, regulatory scenario and errors associated with infusion pumps and growing trends of refurbished infusion pumps are expected to hinder the growth of this market. Rising demand of specialized infusion pumps and growth potentials in emerging countries offer significant growth opportunities. By Accessories and Consumables: Insulin infusion pumps to register highest CAGR Insulin infusion pumps segment is anticipated to register highest CAGR during the forecast period. The growth of this market segment can be attributed to prevalence of diabetes, ease of use owing to self-administration, low chances of error and replacement of multiple daily injections. In...