Market research

  The infusion devices market is a rapidly evolving sector in the healthcare industry, driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for efficient and safe medication delivery systems. According to market research, the infusion devices market size is projected to reach US$ 23.08 billion by 2031 from US$ 13.73 billion in 2023, registering a compound annual growth rate (CAGR) of 6.7% during the forecast period . Market Overview Infusion devices are medical equipment used to deliver medications, nutrients, or other fluids directly into a patient's body. These devices are widely used in hospitals, clinics, and home care settings to treat various medical conditions, such as cancer, diabetes, and chronic pain. The increasing adoption of infusion devices can be attributed to their ability to provide precise and controlled delivery of medications, reducing the risk of medication errors and improving patient outcomes. Market Trends ...