PUBLISHER: TechSci Research | PRODUCT CODE: 1218263
PUBLISHER: TechSci Research | PRODUCT CODE: 1218263
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India syringe pumps market is anticipated to grow with an estimated CAGR in the forecast years 2024-2028, on the grounds of increasing demands for intravenous drug delivery systems. Increasing demand for efficient and advanced medical devices further drives the growth of the India syringe pump market in the upcoming five years.
Syringe pumps are medical devices that are used to deliver a very small amount of medications, mechanically moving the piston of a syringe to send the medication into the IV tubing. The pumps are usually installed in case of a consistent supply of medication is required for the patient. For the patients who are suffering from chronic diseases and require regular administration of drugs in the form of drips, in case the patients are required to administer drugs for the lack of nutrition, etc.
Rapidly increasing instances of chronic diseases like cardiovascular diseases, cancer, gastrointestinal diseases, and renal diseases are driving the growth of the India syringe pump market in the upcoming five years. A consistent supply of drugs and nutrient solutions for the recovery of the patients in the case of chronic illness is much more required and thus, the treatment process requires the use of syringe pumps and thus supporting the growth of the India syringe pumps market in the next five years.
Of the increasing patient burden, the number of hospitals is also increasing. Other than government and public hospitals, multiple market players have private hospitals in the country too. For example, leading market players like Apollo hospitals have 71 branches all over the country, Narayan Hrudulaya has 47 hospital branches, and other private hospitals make up more than 200 private hospitals.
Increasing instances of chronic diseases also demand increased surgical procedures as a treatment for the same. During the prolonged treatment and demand for the supply of drugs during the unconscious times of the patient, required drugs are supplied using syringe pumps, thus aiding the growth of the India syringe pumps market in the upcoming five years. Surgical procedures cover a wide range of therapies, including dental, urology, gynecology, ophthalmology, neurology, orthopedics, and cardiovascular. For higher demand for robotic surgeries and minimally invasive surgeries, demands for syringe pumps and infusion pumps are expected to grow, and further, substantiate the growth of the India syringe pumps market in the next five years.
The India syringe pumps market segmentation is based on type, application, end-user, product type, equipment type, source, competitional landscape, and regional distribution. Based on type, the market is further fragmented into infusion pumps, push/pull pumps, continuous flow, and others. Based on application, the market is segmented into ICU, cardiac surgery units, pediatric units, operating theatres, and others. The market segmentation based on the end user is bifurcated into hospitals & clinics, ambulatory care settings, and others. Based on product type, the market is divided between stationary and portable products. Also, two types of equipment segments are new and refurbished. Based on source, the market is also differentiated between domestic and import. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North India region, South India region, East India region, and West India region.
Smith's Medical, India Medtronic Private Limited, Mindray Medical India Pvt Ltd, Fresenius Kabi India Pvt. Ltd., Baxter India Private Limited, Becton Dickinson India Pvt. Ltd, B. Braun Medical (India) Pvt. Ltd., Terumo India Private Limited, Narang Medical Limited, and Silverline Meditech Pvt Ltd, are some of the major market players in the country that lead the market growth analysis. New market players are also actively entering the market in recent years and further strengthening the growth of future market growth.
In this report, India syringe pumps market is segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India syringe pumps market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
(Note: The companies list can be customized based on the client requirements.)
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. Ex: For 2023E, the data represents the period, 1st April 2022 to 31st March 2023. Please note that all the macro-economic indicators in the economic profiles are for Calendar year.