Latin America Infusion Pump Market Worth $671.9 Million by 2021 - Seeing Increasing Demand for Ambulatory Infusion Pumps - Re...
September 26 2016 - 1:10PM
Business Wire
Research and Markets has announced the addition of the "Latin
America Infusion Pump Market - Forecast to 2021" report to their
offering.
The Latin American infusion pumps and accessories market is
estimated to reach USD 671.9 million by 2021, at a CAGR of 6.6%
during the forecast period.
The increasing prevalence of chronic diseases, owing to the
rising geriatric population, increasing prevalence of chronic
diseases, increasing demand for ambulatory infusion pumps, and
technological improvements in infusion pumps are some key factors
driving the growth of this market.
However, economic slowdown, stringent regulations for product
approval, and the occurrence of several cases of medication errors
associated with infusion pumps may restrain the growth of the
infusion pumps and accessories market during the forecast period.
Product innovations focusing on improving the safety features of
infusion pumps are at the center of R&D efforts from leading
players in this market.
In 2015, Brazil commanded the largest share of the Latin
American infusion pumps and accessories market, followed by Mexico
and Argentina. Countries like Brazil and Mexico are likely to grow
at lower CAGRs as compared to the Colombian market, which is
expected to grow at the highest CAGR during the forecast
period.
Growth in the Colombian market is largely driven by the rapidly
aging population, increasing prevalence of chronic diseases,
increasing healthcare expenditure, and increasing disposable income
of the middle-class population in this country.
Companies Mentioned:
- B. Braun Melsungen Ag
- Baxter International Inc.
- Becton, Dickinson And Company
- Fresenius Se & Co. Kgaa
- Hospira, Inc.
- Jms Co., Ltd.
- Johnson & Johnson
- Medtronic Plc
- Moog Inc.
- Nipro Corporation
- Roche Diagnostics
- Smiths Medical
- Terumo Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Latin American Infusion Pumps And Accessories Market, By
Product
8 Latin American Infusion Pumps And Accessories Market, By
Application
9 Latin American Infusion Pumps And Accessories Market, By
Patient Care Setting
10 Latin American Infusion Pumps And Accessories Market, By
Country
12 Company Profiles
For more information about this report visit
http://www.researchandmarkets.com/research/2w8rkl/latin_america
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version on businesswire.com: http://www.businesswire.com/news/home/20160926006225/en/
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U.S.): +353-1-481-1716Related Topics: Infusions and Injectables,
Needles and Syringes