The report provides analysis for six regions of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa. Regional analysis is based on socio-economic, macro and micro environmental factors that determine dynamics of each region. North America is the most mature market for infusion pumps with the steadiest growth expected in coming years. The research also reports estimations of revenues and forecast for infusion devices by geography (North America, Europe, Asia-Pacific, Latin-America, Middle-East and Africa). Although North America continued to lead the market with a share of 38.0% in 2014, Asia-Pacific and Middle-East are expected to grow the quickest in coming years. Lack of wireless connectivity, internet and telecommunication infrastructure in emerging economies will remain a challenge that restrains the market in emerging economies. The recent shock of insulin pumps capable of being hacked wirelessly has ensured that smart pumps will not be easily adopted in hospitals at least for a few years. North America and Europe led a combined share of 65.6% in 2014 and will continue to account for a sizable portion by the end of the forecast period.
The market is fragmented in terms of key players which indicated a highly mature scenario particularly in developed countries such as United States and countries in Europe. CareFusion, Medtronic Inc, B Braun Melsungen AG, Hospira (Pfizer), Smiths Medical, Fresenius Kabi, Johnson & Johnson, Terumo Corporation, KD Scientific and Caesarea Medical Electronics were highlighted to be major players in this market with CareFusion leading the way.
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