In recent years, micro pumps are being rapidly used in the healthcare industry. Micro pumps are used for various applications like mixing tiny amount of fluids, flow fluids and transporting fluid from one place to other. In drug delivery systems, micro pumps primary function is to transport the drug from reservoir to target place. These micro pumps are used in medical devices that deliver the precise dosage of medicine to the patient.

The micro pump market is expected to grow significantly in the coming years, owing to the key factors such as growing awareness for precise drug delivery, growing research on micro pump development and performance and benefits offered by micro pumps. The increasing focus on point of care services is likely to serve more growth opportunities in the coming years due to the rising incidences of infectious diseases.

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The key players influencing the market are:

  •  Advanced Microfluidics
  •  Microfluidica LLC
  •  Alldoo Micropump
  •  Servoflo Corporation
  •  TOPS Industry & Technology Co. Ltd
  •  Takasago Electric, Inc.
  •  World Precision Instrument
  •  Xavitech
  •  Calon Cardio
  •  CircuLite Inc

This report contains:

  • Market sizing for the global Micropump
  • Compare major  Micropump providers strategies and approaches to the challenges they face
  • Analysis of the effects deglobalisation trends may have for Micropump providers
  • Profiles of major Micropump providers
  • 7-year CAGR forecasts for  Micropump -intensive vertical sectors

The global micro pump market is segmented on the basis of product type, material, application, and end user. On the basis of product type, the market is segmented into mechanical micro pump, piezoelectric micro pump, syringe pump, peristaltic pump, non-mechanical micro pump. The material segment is classified into polymer, glass, and silicon. The application segment is divided into drug delivery systems, medical device and in-vitro diagnostics. On the basis of end user the market is segmented into private paying customers, hospitals, medical centers, nursing care facilities, airport shuttle.

Micropump Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Micropump Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Key Benefits

  • This report provides a detailed study of  Micropump\ market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the global Micropump\ market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
  • This study further includes market analysis in terms of type and applications.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the  Micropump market is provided.

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This post was originally published on The Picayune Current