(MoneyNewsWire.Net, November 07, 2017 ) According to the report Latin America Advanced Infusion Systems Market, published by Market Data Forecast, the Latin America market is projected to reach USD XX million by 2021, at a CAGR of XX.XX% from 2016 to 2021.
Infusion systems are a class of medical instruments or similar such disposables which are used for administering liquid drugs or other fluids into the human body for medical purposes. Advanced Infusion Systems allow the injection into the patients circulatory system in controlled manner in exact quantities as per requirement.
Earlier iterations of infusion systems were associated with high mortality rates and this was the major factor that led to the development of advanced infusion systems. Features offered include automated monitoring, increased mobility as opposed to the classical counterparts, balanced and regulated infusion of multiple medications if required. The advanced version was made with patient safety as the first priority which has led to it being used as a complete replacement for the conventional counterparts.
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Latin America Advanced Infusion Systems Market: Drivers & Restraints
As with any medical equipment market, the fundamental driver of the Latin America advanced infusion systems is also increased incidences of chronic diseases. Technological developments, higher spending on research and development, increased emphasis on patient safety, increase in health care spending and rise in disposable income are the main factors for the growth of the market. As for the restraints of the market, the main one is the requirement of skilled personnel, the lack of which can lead to severe hazards for the patient and may even result in severe injuries or death.
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Latin America Advanced Infusion Systems Market: Segmentation
Disposable Infusion System
Elastomeric Infusion System
Ambulatory Infusion System
Volumetric Infusion System
Patient Controlled Analgesia Pump
Syringe Infusion System
Implantable Infusion System
By End User
Ambulatory Surgical Centers
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Latin America Advanced Infusion Systems Market: Overview
Recent developments in the medical field have led to infusion systems finding applications in intravenous therapy. Current demand for intravenous therapy is over three quarters of hospitalized patients with the demand only expected to increase further. As for the largest segment, hospitals are the largest and is also expected to show the highest growth rate in the forecast years.
Latin America Advanced Infusion Systems Market: Region-wise Outlook
On the basis of geography, the Middle East & Africa market is segmented into Latin America. In 2015, North America accounted for the largest share, with 48.7% of the market, followed by Europe, Asia-Pacific, Latin America, and the Latin America. This is mainly because of the high adoption of ambulatory pumps in the management of chronic diseases; high prevalence of rising penetration of advanced infusion systems; chronic diseases; and well-established healthcare infrastructure in the region
Key Questions Answered
What is the current and future Advanced Infusion Systems market outlook in Latin America scenario? What trends are affecting the Latin America market?
What is the competitive landscape and market share of major players in the Advanced Infusion Systems market space in Latin America scenario?
What are the key, high growth markets that Advanced Infusion Systems manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Advanced Infusion Systems currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Advanced Infusion Systems?
What are the challenges and barriers that have hindered widespread adoption of Advanced Infusion Systems?
Latin America Advanced Infusion Systems Market: Key Players
The major players in the Latin America Advanced Infusion Systems market is led by Hospira, while other players include AngioDynamics, Inc., Medtronic, Inc., Terumo Corporation, Johnson & Johnson, CareFusion Corporation, Animas Corporation, Baxter International, Inc., B. Braun Melsungen AG, I-Flow Corporation, and F. Hoffmann-La Roche Ltd.
Reasons to buy Latin America Advanced Infusion Systems Market Report:
Latin America, Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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