The LAMEA infusion therapy devices market is anticipated to grow at a CAGR of more than 6.5% during the forecast period. The prevalence of chronic diseases including diabetes and cancer are high in the region however lack of awareness, poor healthcare infrastructure in African countries, and low healthcare expenditure are some of the major factors for the small market in the region. According to IDF, the prevalence rate of diabetes in Latin America is projected to increase by 62%, increasing from 26 million cases in 2017 to 42 million in 2045. Brazil and Mexico are the two countries with a high number of diabetes cases registered.
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The LAMEA infusion therapy devices market is segmented on the basis of product type, application, and end-user. Based on the product type, the market is classified into infusion pumps and consumables & accessories. Based on the application, the market is segregated into oncology, diabetes, gastroenterology, analgesia, hematology, and others. The end-user segment is classified into hospitals, home care, and ambulatory surgery centers.
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Latin America and Middle East Africa (LAMEA) Infusion Therapy Devices Market Segmentation
By Product Type
- Infusion Pumps
- Consumables & Accessories
- Others (Pediatrics)
- Ambulatory Surgery Centers
- South Africa
- Rest of LAMEA
- Braun Melsungen AG
- Baxter International, Inc.
- Becton, Dickinson and Co.
- Caesarea Medical Electronics Ltd.
- Fresenius SE & Co. KGaA
- Johnson & Johnson Services, Inc.
- Medtronic PLC
- Novartis AG
- Smith’s Group PLC
- Terumo Corp.
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