According to FutureWise analysis the market for mri compatible iv infusion pumps in 2023 is US$ 0.25 billion, and is expected to reach US$ 0.53 billion by 2031 at a CAGR of 9.72%.
Infusion pumps are medical devices that inject fluids into a patient's body in precise dosages. These are used to inject fluids like nutrition and drugs into the body. MRI compatible IV infusion pumps administer intravenous fluids safely and accurately during and after an MRI scan. By providing continuous delivery of fluids and medication throughout the MRI care cycle, the MRI Compatible IV Infusion Pump System satisfies the demanding clinical needs of today's patients. The MRI Compatible IV Infusion Pump's non-magnetic construction allows it to operate safely at ultra high magnetic fields without the requirement for workarounds that standard infusion pumps require. Worldwide, healthcare providers are becoming more aware of the occupational risks associated with the usage of magnetic MRI-compatible IV infusion pump devices. Magnetic MRI-compatible IV infusion pump systems have the potential to be dangerous to both patients and MRI operators. The market is driven by an increase in the prevalence of life-threatening disorders, increased demand for MRI diagnostics, growth in the elderly population, and an increase in patient hospitalisation. However, market expansion is hampered by reasons such as expensive device costs and a lack of understanding about the treatment. The advancement of improved IV infusion pump systems, as well as undeveloped markets, present several prospects for market expansion.
FutureWise Market Research has instantiated a report that provides an intricate analysis of MRI Compatible IV Infusion Pumps Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the MRI Compatible IV Infusion Pumps Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.