ELASTOMERIC INFUSION PUMPS MARKET ANALYSIS

Elastomeric Infusion Pumps Market, by Product Type (Variable Rate Elastomeric Pumps, Continuous Rate Elastomeric Pumps), by Treatment (Pain Management, Antibiotic/Antiviral, Chemotherapy, Others), by End User (Ambulatory Surgical Centers, Clinics, Home Care Settings, Hospitals, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2024 - 2031

Published In : Mar 2024
Code : CMI3129
Pages :220
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Global Elastomeric Infusion Pumps Market: Restraint

The costs of elastomeric infusion pumps keep fluctuating depending on the type of the pumps. For instance, the cost of pumps administering antibiotics is significantly low, whereas the cost of pumps administering pain management drugs is relatively high. Such scenario is expected to hinder growth of the global elastomeric infusion pumps market over the forecast period.

Moreover, stringent regulations regarding the use of plastics in elastomeric infusion pumps is also expected to hamper the market growth. For instance, the European Commission and the U.S. Food and Drug Administration (FDA) published safety assessments of medical devices containing Di (2-ethylhexyl) phthalate (DEHP) and plasticized polyvinylchloride (PVC) in parts of elastomeric infusion pumps. Therefore, manufacturers need to focus on proper safety labeling of products to avoid severe side effects, especially in neonatal patient population.