Global Analgesic Infusion Pumps Market 2017-2021

Global analgesic infusion pumps market forecasts

According to the analgesic infusion pump industry analysis, research analysts at Technavio predict that the global analgesic infusion pumps market will grow steadily at a CAGR of 4% by 2021. This market research analysis identifies the rising incidence of SCI and cerebral palsy as one of the primary growth factors for this market.  Spinal cord injury  (SCI) occurs due to several factors such as road traffic, falls, crashes, and violence. This consequently results in temporary or permanent sensation less of autonomic nervous system and muscle function. Surgery is recommended in severe conditions and the patient must bear insufferable post-operative pain. The analgesic infusion pump is used to deal with both pre- and post-operative conditions. Cerebral palsy is the most common motor disability in children and it is caused due to injuries to the development of the brain during antenatal, perinatal, or postnatal period, which affects the intellectual ability of the child. Children affected by cerebral palsy face severe muscular pain that can be controlled using an analgesic pump.

Home healthcare includes providing various pain management therapies such as acupuncture, physiotherapy, medication therapy, and sleep management to aid the speedy recovery of individuals from injury, illness, and post-operative pain. Governments are spreading awareness regarding the usage of analgesic infusion pumps to reduce the escalating amount of hospital admissions. Additionally, governments are also supporting the usage of analgesic infusion devices with safety settings in home healthcare setting which can be administered by individuals themselves with set dose prescribed by the physicians. According to this market research report, this focus of the government towards encouraging home healthcare therapies will be one of the key trends behind the growth of the analgesic infusion pumps market.

Competitive landscape and key vendors

The market is intensely competitive and fragmented due to the presence of both global and local players. To expand their product portfolio, the market players are increasingly collaborating and forming strategic alliances with the other vendors and this in turn, intensifies the level of competition among the market players. Additionally, to gain a competitive advantage over their competitors, vendors in the analgesic infusion pumps market are also making huge investments towards R&D to launch innovative products and to update their existing product.

The leading vendors in the market are -

• Baxter
• B. Braun
• BD
• Medtronic
• Smiths Medical

The other prominent vendors in the market are Animas Corporation (a subsidiary of Johnson & Johnson), Codman & Shurtleff (a subsidiary of Johnson & Johnson), Flowonix Medical, Fresenius Kabi (a subsidiary of the Fresenius), Hospira (a subsidiary of Pfizer), I-Flow Corporation (a subsidiary of Kimberly-Clark Corporation), Micrel Medical Devices, Mindray, Sorenson Medical, Stryker, and Terumo Medical Corporation.

Segmentation by application and analysis of the analgesic infusion pumps market

• Patient-controlled analgesia pump (PCA pump)
• Intrathecal pump

PCA pumps are primarily used by the individuals themselves to self-administer prescribed drugs with pre-determined dosage and time interval. The usage of PCA pumps makes the individual self-dependent, reduces anxiety, and promotes fast recovery. PCA pumps are primarily used in healthcare settings such as hospitals to reduce the increasing burden of individuals by reducing their length of stay.

Segmentation by end users and analysis of the analgesic infusion pumps market

• Hospitals
• Ambulatory service centers (ASCs)
• Home care

Hospitals will be the major end user to the analgesic infusion pumps market and this will mainly attribute to the rising preference towards hospitals for the treatment, diagnosis, and surgical interventions for critical medical conditions and severe pain. The availability of skilled professionals with knowledge and expertise in treating and diagnosing such conditions increases the patients’ preference towards hospitals.

Key questions answered in the report include

• What will the analgesic infusion pumps size and growth rate be in 2021?
• What are the key factors driving the global analgesic infusion pumps market?
• What are the key market trends impacting the growth of the global analgesic infusion pumps market?
• What are the challenges to market growth?
• Who are the key vendors in the global analgesic infusion pumps market?
• What are the market opportunities and threats faced by the vendors in the global analgesic infusion pumps market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global analgesic infusion pumps market?

 Market Research Report, Industry Growth And Trends – Technavio