Report Highlights
- In 2009, the total global intravenous therapy and vein access market reached nearly; $8.8 billion and is forecast to reach $11.2 billion in 2014, a compound annual growth rate (CAGR) of 5%.
- Insulin-infusion pumps are expected to show the greatest demand over the forecast period. This segment was worth $1.1 billion in 2009 and is expected to increase at an 8.1% compound annual growth rate (CAGR) to reach $1.6 billion in 2014.
- The central venous access devices and implantable pumps segment will experience a 5.7% compound annual growth rate (CAGR) over the forecast period. This market was valued at $975 million in 2009 and is expected to reach a value of nearly $1.3 billion in 2014.
INTRODUCTION
- Ambulatory infusion pumps
- Central venous access devices
- Diabetes insulin-infusion pump
- Enteral feeding pump and tubes
- Implantable pumps
- Large-volume infusion pumps
- Peripheral venous access devices
- Syringe infusion pumps
- Ambulatory infusion pumps
- Central venous access devices
- Diabetes insulin-infusion pump
- Enteral feeding pump and tubes
- Implantable pumps
- Large-volume infusion pumps
- Peripheral venous access devices
- Syringe infusion pumps.
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Report Highlights
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U.S. market revenues for IV therapy and vein access were worth more than $4.6 billion in 2005. At an average annual growth rate (AAGR) of 4.2%, the market will reach almost $5.7 billion by 2010.
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The market is broken down by ambulatory infusion pumps, enteral feeding pumps, peripheral venous access devices, and syringe infusion pumps. Ambulatory fusion pumps and peripheral venous access devices both held approximately 30% of the market share in 2005. Fusion pumps will maintain the majority of the market through the forecast period, holding a 29% share in 2010.
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The fastest growing market sector will be syringe infusion pumps, which will have an AAGR of approximately 6.8% through the forecast period.
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