| The global infusion systems market, valued at $3 | | | | in 2009 and is forecast to grow by 7% annually |
| billion in 2009 and is forecast to reach $7 billion in | | | | for the next seven years to reach $162m by |
| 2016 after growing at a Compound Annual | | | | 2016. The market opportunity in Europe lies in |
| Growth Rate (CAGR) of 13% from 2009. The | | | | increasing demand for refurbished products. India |
| growth in the market is primarily being driven by | | | | and China are forecast to grow faster, driven by |
| the introduction of advanced infusion systems | | | | an increasing awareness among physicians and |
| integrated with hospital information systems, | | | | patients and the availability of sophisticated |
| increased spending in the healthcare sector, | | | | infusion systems. |
| increased incidences of a number of chronic | | | | Efforts are underway to create infusion devices |
| diseases, an aging population, an interest towards | | | | that are easier to manage and monitor, are safe |
| alternative sites of care especially homecare, and | | | | and economical, and help caregivers avoid |
| people's increasing concerns about health and | | | | device-related medication errors. This upgradation |
| desire to have more active and independent lives. | | | | will result in increased demand by hospitals. One of |
| Finally awareness raising efforts by companies are | | | | the advanced features available with the infusion |
| expected to expand the infusion devices market. | | | | system is the integration of the infusion system |
| The infusion disposable sets segment is the | | | | with the hospital's IT platform to share relevant |
| largest segment within the infusion systems | | | | information. This helps in electronically transmitting |
| market. The infusion disposable sets segment was | | | | patient information, reducing errors and providing |
| valued at $2 billion in 2009, and grew annually at | | | | effective treatment. |
| 11% from 2002 to 2009. Infusion pumps and | | | | Infusion therapy is used mostly in conditions such |
| syringe pumps were the fastest growing | | | | as diabetes, cancer pain, in neurological conditions |
| segments in the infusion systems market. The | | | | for chronic pain, spasticity and congestive heart |
| two segments grew at a CAGR of 12% each | | | | failure. The growing incidence of neurological |
| from 2002 to 2009. The infusion pumps market is | | | | conditions and chronic diseases such as cancer |
| expected to reach $1,654m in 2016 after growing | | | | and diabetes due to the aging population is |
| at a CAGR of 14% from 2009. The development | | | | expected to drive the market for infusion devices. |
| of cost effective and error free pumps is | | | | Also, the global population is aging due to a rise in |
| expected to drive the growth of the infusion | | | | the average life expectancy of people. The risk |
| pumps market. Also direct-to-consumer | | | | of cancer and neurological disorders increases with |
| advertising is expected to have an encouraging | | | | age. |
| effect on the market for ambulatory infusion | | | | GlobalData's new report, "Global Infusion Systems |
| pumps. | | | | Pipeline Analysis, Opportunity Assessment and |
| For further details please click or add the below | | | | Market Forecasts to 2016" provides key data, |
| link to your browser: | | | | information and analysis on the global infusion |
| Globally, the US remains the largest infusion | | | | systems market. The report provides market |
| systems market. The US infusion systems | | | | landscape, competitive landscape and market |
| market was valued at $1.8 billion in 2009 and is | | | | trends information the infusion systems market. |
| forecast to grow by 14% annually for the next | | | | The report provides comprehensive information |
| seven years to reach $4.5 billion by 2016. The | | | | on the key trends affecting the market, and key |
| market in the US is driven by demand in the | | | | analytical content on the market dynamics. The |
| homecare segment and the availability of | | | | report also reviews the competitive landscape, |
| advanced systems. In Europe, Germany is the | | | | key pipeline products and technology offerings. |
| largest infusion systems market valued at $103m | | | | |