Patient-Controlled Analgesia Pumps Market is expected to Witness a CAGR of 5.2% between 2017 and 2026

Valley Cottage, NY , March 20, 2018 -- PCA or patient-controlled analgesia pumps is a way with which analgesic can be self-administered by the patient as and when needed. Patient-controlled analgesia pumps are not used to treat long term pains. PCA is used in various applications such as oncology or chemo therapy, pediatrics, gastroenterology, hematology and diabetes. There are several benefits of using PCA. It allows complete control on the pain treatment. It also assists in preventing the formation of blood clots and promotes healing at a faster rate. However, there are certain disadvantages, the main aspect being an occurrence of an over dost or an under dose that can take place in case of improper settings and programming of the device. Government initiatives to boost home medication, rising awareness about patient-controlled analgesia pumps, and affordable costs are few of the aspects contributing to the expansion of patient-controlled analgesia pumps market at a global level.

The global patient-controlled analgesia pumps market is projected to grow at a high CAGR during the period of forecast and is estimated to reflect a valuation of above US$ 500 Mn by the end of the year of forecast.

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5710

Global Patient-Controlled Analgesia Pumps Market: Dynamics

The growth of the global patient-controlled analgesia pumps market is influenced by aspects such as various advantages of PCA system over conventional continuous infusion systems, increasing standardization for reducing costs in hospitals, development of quality indicators for patient-controlled analgesia pumps, modernization with a view to reduce errors, increasing adoption of PCA owing to increasing prevalence of cancer, pain and diabetes, rising forward integration and increasing demand for PCA in rental and homecare services. These factors have contributed to the growth of the global market. On the contrary, lack of skilled manpower and lack of standard usage guidelines and vast product recalls are hampering the growth of the global patient-controlled analgesia pumps market. Various trends have been observed, to name a few, rapid med-tech progress, shifting production base to emerging economies, user-friendly advanced equipment and fragmented market. Opportunities such as increasing production base for smart pumps with bigger drug libraries and expanding production base for PCA, ambulatory and other pumps have been boosting the growth of the global market.

Preview Analysis on Patient-Controlled Analgesia Pumps Market Segmentation Product Type - PCA Pumps, Pump Accessories; End User – Hospitals, Ambulatory Surgical Centers, Home care Settings, Clinics, Others; Application - Chemo Therapy/Oncology, Pediatrics/Neonatology, Gastroentrology, Hematology, Diabetes: https://www.futuremarketinsights.com/reports/patient-Controlled-analgesia-pumps-market

Segmental Highlights

The global patient-controlled analgesia pumps market has been segmented by product type, by end user, by application and by region.

• By product type, the PCA pumps segment is estimated to be the largest segment in terms of market value and likely to lead the global market. it is also projected to grow at a higher pace thus reflecting high potential for growth of global market in the coming years
• By region, Asia Pacific excluding Japan (APEJ) region is projected to be the fastest growing with a high 9.6% CAGR during the forecast period. North America is the largest from a market share perspective
• By end user, hospitals segment is the most lucrative. This segment dominated the global market in 2017 and is expected to lead the market by 2026 end with a valuation of more than US$ 200 Mn
• By application, diabetes segment is the fastest growing segment with a high CAGR of 6.0% throughout the period of forecast

The research report has also profiled various leading players in the global patient-controlled analgesia pumps market. Companies like Becton Dickinson and Company, Baxter International, B.Braun Melsungen AG, Terumo Corporation, Ace Medical Co. Ltd., Micrel Medical Devices, Hospira (Pfizer Inc.), Fresenius Kabi Group and Smiths Group plc., have been profiled in this research report.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-5710

More from FMI’s Healthcare, Pharmaceuticals and Medical devices Market Intelligence:

• Peptide Therapeutics Market Peptide therapeutics market segmentation by disease indication – cancer, cardiovascular, central nervous system, metabolic, infection, gastrointestinal, dermatology, respiratory, endocrinology; by route of administration – parenteral, mucosal, oral, transdermal; by drug type – branded, generic: https://www.futuremarketinsights.com/reports/peptide-therapeutics-market

• Wearable Medical Devices Market Wearable Medical Devices Market Segmentation By Product - Wearable Therapeutic, Monitoring and Diagnostic Devices; By Application Type - Patient Monitoring, Sports and Fitness; By Distribution Channels - Hospital Pharmacies, Clinics, Online Channels and Hypermarkets: https://www.futuremarketinsights.com/reports/wearable-medical-devices-market

• Platelet Rich Plasma (PRP) Market Platelet Rich Plasma (PRP) Market Segmentation By Types - Pure Platelet-Rich Plasma, Leukocyte Rich Platelet Rich Plasma; By Origin – Autologus PRP, Allogenic PRP, Homologus PRP; By Applications - Orthopedic Surgery, Cosmetic Surgery, General Surgery, Neurosurgery: https://www.futuremarketinsights.com/reports/platelet-rich-plasma-market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Healthcare, Pharmaceuticals and Medical devices

Contact Us

Mr. Sudip Saha
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: [email protected]
Press Office: [email protected]
FMI Blog: http://www.fmiblog.com/
Website: www.futuremarketinsights.com