Seattle, Sept. 21, 2022 (GLOBE NEWSWIRE) — According to Coherent Market Insights, the global Elastomeric Infusion Pumps market is estimated to be valued at US$ 1,067.8 million in 2022 and is expected to exhibit a CAGR of 9.2% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Elastomeric Infusion Pumps Market:
Key players operating in market are focusing on the development of technologically advanced infusion pumps. For instance, in May 2018, Nipro Corporation, a medical equipment company, launched New SUREFUSER + PCA SET. This device is used for the continuous infusion of an anesthetic, which is controlled by a patient according to the level of pain. It is easy to grab and fit in a palm, with a larger button as the switch for injection of drug solution.
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Key Market Takeaways:
Global elastomeric infusion pumps market is expected to exhibit a CAGR of 9.2 % during the forecast period due to increasing prevalence of chronic disease. For instance, according to a research article published by JAMA Oncology, a monthly peer-reviewed medical journal published by the American Medical Association. There were 23.6 million new global cancer cases in 2019 and 10.0 million cancer deaths.
Among product type, Continuous Rate Elastomeric Pumps is …