Elastomeric Infusion Pumps Market Regional Analysis

Factors driving the expansion of the elastomeric infusion pumps market in North America include an increased need for infusion pumps, especially elastomeric infusion pumps, which would arise from increased incidence of chronic diseases, such as diabetes, cancer, and cardiovascular diseases. There is further a growing demand for more portable and easier-to-use infusion systems as home healthcare services are increasing. Technological advancements in elastomeric pumps for the improvement in the comfort and accuracy of drug administration are expanding the market. Reimbursement policies in favor and a strong healthcare infrastructure are bolstering the growth for this market. In addition, with the aging population in North America, there is an increased demand for infusion pumps for managing chronic diseases. 

However, the market is growing at the fastest rate in Asia-Pacific. The growing population, increased healthcare awareness, improving healthcare infrastructure, and rising investments in the health sector are some factors propelling this growth. The region is experiencing an upsurge in the incidence of chronic diseases such as cancer, which is driving the demand for effective drug delivery systems such as elastomeric infusion pumps. The Asia-Pacific region presents market players with significant opportunity as the changing medical needs of the population are being captured to gain healthcare market share.