Empowering Patients with Portability: The Growth of the North America Ambulatory Infusion Pumps Market

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North America Ambulatory Infusion Pumps Market
Will Generate 1,989.8 Million Revenue by 2030
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In 2021, the North American ambulatory infusion
pumps market was worth around 953.1 million, and
it is expected to reach 1,989.8 million by 2030,
advancing at an 8.5 CAGR from 2021 to 2030. The
major factors behind the industry growth are the
rising geriatric population, snowballing diabetes
incidence, surging demand for ambulatory
services, and growing prevalence of many other
chronic diseases. The industry growth is also
ascribed to the rising awareness about diabetes
management and increasing healthcare expenditure.
Insulin and obesity resistance have been taken as
separate risk factors for diabetes therefore,
the growing obese populace results in a massive
demand for insulin delivery devices, which, in
turn, boosts the ambulatory infusion pump sales
in North America.
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Accessories Consumables Hold Larger Share in
Market Accessories consumables capture the
larger share of the industry, based on product
type. It is ascribed to their repetitive buying
and presence of a wide range of accessories
consumables across North America. In 2021,
devices too had a significant market share. This
can be credited to the surging demand for such
pumps for convenience when taking drugs for a
wide range of conditions. Largest Share Is
Captured by Diabetes Application Diabetes holds
the largest revenue share of the North American
ambulatory infusion pumps market, around 30,
based on application. This can be credited to the
rising incidence of diabetes and its
complications in the region. To receive free
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Ambulatory Service Demand Rising Rapidly The
rising geriatric population and increasing stress
on healthcare organizations because of the
burgeoning number of patients afflicted with all
kinds of diseases are significantly driving the
popularity of ambulatory services in the region.
This is also ascribed to the low cost of these
services and their higher suitability compared to
conventional hospital services. Thus, the count
of ambulatory surgical centers in the U.S. has
significantly increased in the last few years.
The acceptance of ASCs can also be credited to
the faster recovery, lower infection risk,
shorter stays, and innovative technologies they
offer. The U.S. holds a gigantic share, of over
90, due to the availability of key players,
surging prevalence of chronic diseases, developed
healthcare infrastructure, and favorable
reimbursement policies. Additionally, the
expansion in the count of healthcare settings and
the availability of home infusion services propel
the industry's growth. As per the American
Hospital Association, 6,093 hospitals were active
in the U.S. in 2021, including 2,960
non-government hospitals and 1,228 investor-owned
healthcare facilities. Inquire before purchase_at_
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