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The Infusion Pump Rental Market Size was valued at USD 379.65 Million in 2023, and is expected to reach USD 567.32 Million by 2032, and grow at a CAGR of 5.03% Over the Forecast Period of 2024-2032.
The Infusion Pump Rental Market is growing due to the rise in the number of chronic diseases, an increase in demand for home healthcare, and huge investments by the governments in building healthcare infrastructure. The latest numbers shared by WHO and CDC on the global scenario of chronic diseases such as diabetes, cancer, and cardiovascular disease are staggering. An estimated 60% of adults in the US are believed to have one chronic disease and 40% of them have two or more. This in turn has led to a boost in the demand for the medical equipment designed for fighting these chronic diseases.
The infusion pump is extensively used to continuously provide medications during life-threatening conditions. Subsequently, the U.S. government increased healthcare spending by 5.4% over the previous year, a significant portion of which was granted to modernize medical equipment in hospitals and home healthcare devices. The cost-effectiveness of rentals is the other factor contributing to the market growth. Maintaining an infusion pump is costlier, which is why those in the healthcare sector prefer renting.
Key Drivers:
The Increasing Prevalence of Chronic Diseases Such as Diabetes, Cancer, and Cardiovascular Disorders is a Significant Driver for the Infusion Pump Market.
The Growing Trend towards Home Healthcare, driven by an Aging Population and the Need to Reduce Hospital Stays, is Aiding the Infusion Pump Market Expansion.
Restraints:
The High Cost of Advanced Infusion Pumps and the Ongoing Expenses Related to their Maintenance and Calibration are Hindering the Growth of the Market.
The Infusion Pump Market Faces Challenges Related to Product Recalls and Failures, which can result from Technical Issues, Software Malfunctions, Or Design Flaws Limiting the Market Growth.
Opportunity:
Continuous Advancements in Infusion Pump Technology, such as the Development of Smart Pumps with Integrated Safety Features like Dose Error Reduction Systems (DERS) and Wireless Connectivity, are Driving Market Growth.
The Infusion Pump Market has Substantial Growth Potential in Emerging Markets, where Improving Healthcare Infrastructure and Increasing Healthcare Expenditure are Driving Demand.
By Type
The market share of the Volumetric Pumps among the types of infusion pumps was 27.3% in 2023, which made it the leading segment. The high popularity of this type of pump is caused by the fact that volumetric pumps maintain high accuracy and reliability. In addition, these types of pumps are responsible for delivering large volumes of medication, nutrients, and blood products to the nee. In addition, modern intensive care units and emergency rooms cannot function efficiently without the application of safe pumps and the precise management of fluids that are crucial for patients’ lives.
Finally, the rental market of infusion pumps is dominated by volumetric pumps since their usage is highly popular in hospitals. As reported by the U.S. Department of Health and Human Services, the whole country faces tension towards the reduction of operational costs of hospitals. Indeed, the need to introduce modern technologies at a reasonable price rate is fully covered with the rental model of using pumps of various types. Moreover, the high position of volumetric pumps in the rental market is caused by their versatility. These types of pumps are applied in managing different types of infusions, from antibiotics to chemotherapy.
By Application
In terms of application, hospitals led the infusion pump rental market in 2023, holding a market share of 39.4%. As such, hospitals are the prime consumers of infusion pumps. This is because there is a growing number of people who require constant medication administration, for instance, people suffering from chronic conditions. Apart from that, those who need surgeries and especially critical care require infusion pump services. This is supported by the government’s statistics. CDC disclosed that the number of hospital admissions rose significantly over the past 30 years due to chronic diseases. Today, in the US, roughly 35 million people have to be hospitalized, and they cannot be adequately treated with the help of only a few infusion pumps. Thus, the demand for these pumps has steadily grown in such settings.
Furthermore, renting infusion pumps helps hospitals to be more flexible in terms of the number of units they can deploy. They can rent more during the months when the inflow of patients increases and less during the remaining period of the year. Therefore, hospitals are not required to invest in their units. Finally, the use of smart technologies has also affected the growth of the rental market. The majority of hospitals can now afford to use advanced infusion pumps that are all connected to a central system and monitored remotely.
In 2023, North America dominated the infusion pump rental market, with a market share of 42.61%. It was due to several reasons, such as a well-established healthcare infrastructure, high healthcare expenditure, and focus on adopting advanced medical technologies. According to the U.S. Census Bureau, in 2023, the US’s healthcare spending was nearly USD 4.3 trillion. This substantial spending was also on acquiring and maintaining medical equipment, including infusion pumps. The rental model was also popular in North America as hospitals and clinics increasingly sought to control costs while still having access to the latest medical technologies.
In addition, to the high incidence of aging populace in the region, more than 16% of the U.S. population was aged 65 and older, according to the U.S. Department of Health and Human Services. This has made the prevalence of chronic diseases more common in the region, further increasing the demand for infusion pumps. The regulatory environment in North America also Favors the rental market. In addition, flexible regulations such as California’s Medical Reimbursement Equipment Rental Act ensure that healthcare providers are encouraged to meet patient needs more efficiently and inexpensively through the rental of medical technology.
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The key market players are Agiliti Health, Kwipped, Med One, Soma Tech, Avante, Biomedix Medical, Portea, US Med-Equip, Venture Medical, Right Way Medical & Other players.
In August 2023, ICU Medical, Inc. received FDA clearance for its Plum Duo infusion pump, meaning it will be available for customers in the US in early 2024.
In April 2023, Fresenius Kabi announced that its Ivenix Infusion System received an Innovative Technology contract from Vizient, Inc. The Innovative Technology contract will set terms for hospitals to evaluate and purchase the Ivenix Infusion System.
In August 2022, Becton Dickinson and Company’s Novum IQ Syringe Infusion Pump was approved by the FDA.
In March 2022, Fresenius Kabi received U.S. Food and Drug Administration approval for the wireless Agilia Connect Infusion System. It includes the Agilia Volumetric Pump and the Agilia Syringe Pump with the Vigilant Software Suite-Vigilant Master Med technology.
In January 2022, ICU Medical, Inc. acquired Smiths Medical, Inc. to increase its share in the infusion pump market by adding syringe pumps and ambulatory pumps to its portfolio.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 379.65 Million |
| Market Size by 2032 | US$ 567.32 Million |
| CAGR | CAGR of 5.03% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Type (Volumetric Pump, Syringe Pump, Ambulatory Pump & Others) •By Application (Hospital, Emergency Center, Outpatient Surgical Center, Clinic, Home Health Care & Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Agiliti Health, Kwipped, Med One, Soma Tech, Avante, Biomedix Medical, Portea, US Med-Equip, Venture Medical, Right Way Medical & Other players |
| Key Drivers | •The Increasing Prevalence of Chronic Diseases Such as Diabetes, Cancer, and Cardiovascular Disorders is a Significant Driver for the Infusion Pump Market. •The Growing Trend towards Home Healthcare, driven by an Aging Population and the Need to Reduce Hospital Stays, is Aiding the Infusion Pump Market Expansion. |
| RESTRAINTS | •The High Cost of Advanced Infusion Pumps and the Ongoing Expenses Related to their Maintenance and Calibration are Hindering the Growth of the Market. •The Infusion Pump Market Faces Challenges Related to Product Recalls and Failures, which can result from Technical Issues, Software Malfunctions, Or Design Flaws Limiting the Market Growth. |
Ans: The North America led Infusion Pump Rental Market.
Ans: The Infusion Pump Rental Market will be valued at USD 567.32 Million in 2032.
Ans: The Infusion Pump Rental Market was valued at USD 379.65 Million in 2023.
Ans: Volumetric Pump held the largest share in the Infusion Pump Rental Market in 2023.
Ans: The expected CAGR of the Global Infusion Pump Rental Market during the forecast period is 5.03%
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Incidence and Prevalence (2023)
5.2 Prescription Trends, (2023), by Region
5.3 Device Volume, by Region (2020-2032)
5.4 Healthcare Spending, by Region, (Government, Commercial, Private, Out-of-Pocket), 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Infusion Pump Rental Market Segmentation, by Type
7.1 Chapter Overview
7.2 Volumetric Pump
7.2.1 Volumetric Pump Market Trends Analysis (2020-2032)
7.2.2 Volumetric Pump Market Size Estimates and Forecasts to 2032 (USD Million)
7.3 Syringe Pump
7.3.1 Syringe Pump Market Trends Analysis (2020-2032)
7.3.2 Syringe Pump Market Size Estimates and Forecasts to 2032 (USD Million)
7.4 Ambulatory Pump
7.4.1 Ambulatory Pump Market Trends Analysis (2020-2032)
7.4.2 Ambulatory Pump Market Size Estimates and Forecasts to 2032 (USD Million)
7.5 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
8. Infusion Pump Rental Market Segmentation, by Application
8.1 Chapter Overview
8.2 Hospital
8.2.1 Hospital Market Trends Analysis (2020-2032)
8.2.2 Hospital Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Emergency Center
8.3.1 Emergency Center Market Trends Analysis (2020-2032)
8.3.2 Emergency Center Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Outpatient Surgical Center
8.4.1 Outpatient Surgical Center Market Trends Analysis (2020-2032)
8.4.2 Outpatient Surgical Center Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Clinic
8.5.1 Clinic Market Trends Analysis (2020-2032)
8.5.2 Clinic Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Home Health Care
8.6.1 Home Health Care Market Trends Analysis (2020-2032)
8.6.2 Home Health Care Market Size Estimates and Forecasts to 2032 (USD Million)
8.7 Others
8.7.1 Others Market Trends Analysis (2020-2032)
8.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.2.3 North America Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.2.4 North America Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.2.5 USA
9.2.5.1 USA Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.2.5.2 USA Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.2.6 Canada
9.2.6.1 Canada Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.2.6.2 Canada Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.2.7 Mexico
9.2.7.1 Mexico Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.2.7.2 Mexico Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.3.1.3 Eastern Europe Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.4 Eastern Europe Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.1.5 Poland
9.3.1.5.1 Poland Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.5.2 Poland Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.1.6 Romania
9.3.1.6.1 Romania Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.6.2 Romania Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.7.2 Hungary Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.8.2 Turkey Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.1.9.2 Rest of Eastern Europe Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.3.2.3 Western Europe Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.4 Western Europe Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.5 Germany
9.3.2.5.1 Germany Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.5.2 Germany Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.6 France
9.3.2.6.1 France Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.6.2 France Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.7 UK
9.3.2.7.1 UK Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.7.2 UK Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.8 Italy
9.3.2.8.1 Italy Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.8.2 Italy Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.9 Spain
9.3.2.9.1 Spain Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.9.2 Spain Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.10.2 Netherlands Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.11.2 Switzerland Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.12 Austria
9.3.2.12.1 Austria Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.12.2 Austria Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.3.2.13.2 Rest of Western Europe Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.4.3 Asia Pacific Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.4 Asia Pacific Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.5 China
9.4.5.1 China Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.5.2 China Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.6 India
9.4.5.1 India Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.5.2 India Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.5 Japan
9.4.5.1 Japan Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.5.2 Japan Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.6 South Korea
9.4.6.1 South Korea Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.6.2 South Korea Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.7 Vietnam
9.4.7.1 Vietnam Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.2.7.2 Vietnam Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.8 Singapore
9.4.8.1 Singapore Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.8.2 Singapore Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.9 Australia
9.4.9.1 Australia Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.9.2 Australia Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.4.10.2 Rest of Asia Pacific Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.5.1.3 Middle East Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.4 Middle East Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.1.5 UAE
9.5.1.5.1 UAE Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.5.2 UAE Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.6.2 Egypt Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.7.2 Saudi Arabia Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.8.2 Qatar Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.1.9.2 Rest of Middle East Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.5.2.3 Africa Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.2.4 Africa Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.2.5.2 South Africa Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.2.6.2 Nigeria Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.5.2.7.2 Rest of Africa Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Infusion Pump Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
9.6.3 Latin America Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.6.4 Latin America Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.6.5 Brazil
9.6.5.1 Brazil Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.6.5.2 Brazil Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.6.6 Argentina
9.6.6.1 Argentina Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.6.6.2 Argentina Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.6.7 Colombia
9.6.7.1 Colombia Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.6.7.2 Colombia Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Infusion Pump Rental Market Estimates and Forecasts, by Type (2020-2032) (USD Million)
9.6.8.2 Rest of Latin America Infusion Pump Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10. Company Profiles
10.1 Agiliti Health
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
10.1.4 SWOT Analysis
10.2 Kwipped
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Med One
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Soma Tech
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Avante
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Biomedix Medical
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Portea
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 US Med-Equip
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Venture Medical
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Right Way Medical
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Products/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Type
Volumetric Pump
Syringe Pump
Ambulatory Pump
Others
By Application
Hospital
Emergency Center
Outpatient Surgical Center
Clinic
Home Health Care
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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