Product ID: UCMIG35I2104
Drug Device Combination Products Market Size, Share, Growth Analysis, By Product(Infusion Pumps, Volumetric), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031
Report ID:
UCMIG35I2104 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Drug Device Combination Products Market Insights
Market Overview:
The global market for drug device combination products was worth USD 118.13 billion in 2021 and is projected to grow at a CAGR of 8.8% from 2022 to 2030. The market's growth is mainly driven by the increasing preference for minimally invasive procedures and consistent-dosing treatment options among patients and healthcare providers. The COVID-19 pandemic has also had a positive impact on the market, as the use of certain combination products increased during the different waves of the pandemic.
Drug Device Combination Products Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Drug Device Combination Products Market Report Snapshots
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