India Syringe Pumps Market to grow with a CAGR of 6.15%
Increasing
healthcare infrastructure and a supportive regulatory environment are the major
drivers for the India Syringe Pumps Market.
According
to TechSci Research report, “India Syringe Pumps Market Industry Size,
Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, India Syringe Pumps Market has
valued at USD 623.43 million in 2023 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 6.15 % through 2029. This can be due to collaborations and
partnerships among leading companies with a diverse approach to merge the
expertise of individual companies and to strengthen their position in the market.
Chronic
pain management can drive the demand for syringe pumps due to the specific
requirements of patients dealing with long-term and persistent pain. Patients
with chronic pain often require the precise and controlled administration of
pain-relief medications, such as opioids. Syringe pumps allow for accurate and
consistent delivery of these medications, ensuring that patients receive the
right dosage at a controlled rate. Chronic pain typically requires continuous
pain management. Syringe pumps can provide continuous intravenous or
subcutaneous infusion of pain-relief medications, maintaining consistent pain
relief without the need for frequent manual injections. Chronic pain management
often involves titrating medication dosages to meet the patient's specific
needs. Syringe pumps can be programmed to deliver customized doses, offering
flexibility in pain management. Some syringe pumps are designed for
patient-controlled analgesia, allowing patients to self-administer pain
medications within preset safety limits. This feature can enhance patient
comfort and control. Syringe pumps help reduce the risk of medication errors,
such as accidental bolus dosing or missed doses, which can occur with manual
injections. Continuous and controlled pain relief provided by syringe pumps can
improve patient comfort and quality of life for those dealing with chronic pain
conditions. Many patients with chronic pain receive care at home. Syringe pumps
are portable and suitable for home healthcare, enabling patients to manage their
pain with the assistance of healthcare providers or caregivers.
Browse
over XX market data Figures and spread through XX Pages and an in-depth TOC on
"India Syringe Pumps Market”
In October 2018, In alignment with the "Make in
India" initiative, healthcare startup Vlitan, headquartered in Chennai,
unveiled the release of syringe infusion pumps, described as
"next-generation medical devices" designed for precise and safe
medication administration in both hospital and home settings, particularly for
critical care. In the initial phase of their launch, the company introduced the
Accuflow SP-550 and Accuflow IBP-550 Syringe Infusion Pumps. These pumps
feature a proprietary closed-loop motion control technology developed
domestically and protected by patents. They can administer a range of fluids,
including insulin, antibiotics, chemotherapy medications, and pain relief
substances.
Market
access and distribution pose significant challenges in the India Syringe Pumps
Market. India is a vast and geographically diverse country with urban,
semi-urban, rural, and remote areas. Ensuring widespread access to syringe
pumps, especially in underserved regions, can be a logistical challenge. Variability
in healthcare infrastructure across different regions in India can affect the
distribution of medical devices like syringe pumps. Urban areas often have
better-equipped healthcare facilities compared to rural or remote areas. Meeting
regulatory requirements for medical device distribution can be complex and
time-consuming. Manufacturers and distributors need to navigate a
sometimes-intricate regulatory landscape. Obtaining the necessary
certifications and licenses to import, distribute, and sell medical devices in
India can be a time-consuming and resource-intensive process. Ensuring the
quality and authenticity of syringe pumps throughout the distribution process
is crucial. Counterfeit and substandard products can infiltrate the market,
creating risks for patient safety. India is a price-sensitive market. Balancing
the cost of syringe pumps with the quality and features required can be a
challenge. Healthcare providers often seek cost-effective solutions. Efficient
and reliable transportation of syringe pumps to different regions, especially
remote and rural areas, can be hindered by logistical challenges, road
conditions, and infrastructural limitations.
India Syringe Pumps Market is segmented based on Type,
Product Type, Application, End User, and by region.
Based on the Type, India Syringe Pumps Market is
segmented into Infusion Pumps, Push/Pull Pumps, Continuous Flow, Others. Push/pull
pumps are a type of syringe pump mechanism used in some medical devices,
including certain syringe pumps. They are designed to provide precise and
controlled fluid delivery, and they work by employing both pushing and pulling
actions on the syringe plunger. In the push phase, the syringe pump pushes the
plunger of the syringe to expel the fluid or medication. This action involves a
motorized mechanism that exerts force on the plunger, causing it to move and
deliver a specific volume of fluid. The push action is typically used for the
primary infusion of fluids. In the pull phase, the syringe pump retracts the
plunger slightly or creates a vacuum to draw fluid into the syringe. This
action is used to refill the syringe with medication or fluids from a
reservoir, ensuring that there is always enough liquid to be administered. The
pull action is particularly important for continuous and uninterrupted
delivery.
Based on Region, North India held the largest share in the India Syringe Pumps Market. Some
of the North Indian states have high levels of economic activity, which can
lead to increased healthcare spending, including investments in advanced
medical equipment like syringe pumps. North India has specialized healthcare
centers, such as cardiac hospitals, cancer treatment centers, and orthopedic
facilities. These specialized centers require precise medication delivery systems
like syringe pumps for patient care. The urbanization rate in North India is
relatively high, leading to greater access to healthcare facilities and
increased healthcare awareness. This urbanization trend contributes to the
demand for medical equipment like syringe pumps. The North India region often
serves as a logistical hub for the distribution of medical equipment to other
parts of the country. This makes it a strategic location for manufacturers and
suppliers.
Some
of the major companies operating in the India
Syringe Pumps Market include:
- Smith’s
Medical
- Medtronics
Private Limited
- Mindray
Medical India Private Limited
- Fresenius
Kabi India Private Limited
- Baxter
India Private Limited
- Beckton
Dickinson India Private Limited
- B.
Barun Medical India Private Limited
- Terumo
India Private Limited
- Narang
Medical Private Limited
- Silverline
Meditech Private Limited
Download Free Sample Report
Customers can also request 10% free
customization on this report
“Certain areas, particularly in North
America, are projected to exert significant demand for Syringe Pumps. The
growth in the competitive landscape and the presence of well-established
companies in the market, committed to enhance the overall wellbeing of people each
year, are expected to contribute to a remarkable growth of the India Syringe
Pumps Market in the forecast period," said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based Global management consulting
firm.
India Syringe
Pumps Market by Type (Infusion Pumps, Push/Pull Pumps, Continuous Flow, Others),
By Application (ICU, Cardiac Surgery Units, Pediatric Units, Operating
Theatres, Others), By End User (Hospitals & Clinics, Ambulatory Surgical
Centers, others), By Product Type (Stationary, Portable), By
Region, By Competition Forecast
& Opportunities, 2019-2029F has
evaluated the future growth potential of India Syringe Pumps Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide innovative market intelligence and
help decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Syringe Pumps Market.
Contact Us-
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com