DUBAI, United Arab Emirates, The global patient-controlled analgesia pumps market is projected to grow at a high CAGR during the period of forecast and is estimated to reflect a valuation of above US$ 500 Mn by the end of the year of forecast.

PCA or patient-controlled analgesia pumps is a way with which analgesic can be self-administered by the patient as and when needed. Patient-controlled analgesia pumps are not used to treat long term pains. PCA is used in various applications such as oncology or chemo therapy, pediatrics, gastroenterology, hematology and diabetes. There are several benefits of using PCA. It allows complete control on the pain treatment. It also assists in preventing the formation of blood clots and promotes healing at a faster rate.

However, there are certain disadvantages, the main aspect being an occurrence of an over dost or an under dose that can take place in case of improper settings and programming of the device. Government initiatives to boost home medication, rising awareness about patient-controlled analgesia pumps, and affordable costs are few of the aspects contributing to the expansion of patient-controlled analgesia pumps market at a global level.

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Global Patient-Controlled Analgesia Pumps Market: Dynamics

The growth of the global patient-controlled analgesia pumps market is influenced by aspects such as various advantages of PCA system over conventional continuous infusion systems, increasing standardization for reducing costs in hospitals, development of quality indicators for patient-controlled analgesia pumps, modernization with a view to reduce errors, increasing adoption of PCA owing to increasing prevalence of cancer, pain and diabetes, rising forward integration and increasing demand for PCA in rental and homecare services. These factors have contributed to the growth of the global market. On the contrary, lack of skilled manpower and lack of standard usage guidelines and vast product recalls are hampering the growth of the global patient-controlled analgesia pumps market. Various trends have been observed, to name a few, rapid med-tech progress, shifting production base to emerging economies, user-friendly advanced equipment and fragmented market. Opportunities such as increasing production base for smart pumps with bigger drug libraries and expanding production base for PCA, ambulatory and other pumps have been boosting the growth of the global market.

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The global patient-controlled analgesia pumps market has been segmented by product type, by end user, by application and by region.

The research report has also profiled various leading players in the global patient-controlled analgesia pumps market. Companies like Becton Dickinson and Company, Baxter International, B.Braun Melsungen AG, Terumo Corporation, Ace Medical Co. Ltd., Micrel Medical Devices, Hospira (Pfizer Inc.), Fresenius Kabi Group and Smiths Group plc., have been profiled in this research report.

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Explore FMI’s Extensive ongoing Coverage on Healthcare Domain

Osmotic Pumps Market - There are different modalities of drug delivery system present for each condition. Oral drug delivery system is one of the most widely used delivery system for pharmaceuticals. Oral route for its many advantages s considered to be the preferred choice within the consumer side.

Implantable Drug Infusion Pumps Market - Implantable drug infusion pumps are surgically implanted under the skin. These pumping devices release medications through a catheter or tube to a specific body part. Implantable drug infusion pumps ensure consistent delivery and is highly advisable during long-term medications.

Patient-Controlled Injectors Market - The sales in the global patient-controlled injectors market are estimated to total US$ 3.5 Bn by 2022, exhibiting growth at a staggering CAGR of nearly 12% to 13% during the forecast period 2022-2032. The patient-controlled injectors market is expected to surpass US$ 8 Bn by the end of 2032, in comparison to the US$ 3 Bn registered in the year 2021.

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