The latin america infusion pump market is projected to reach USD 671.9 Million by 2021 from USD 487.3 Million in 2016, growing at a CAGR of 6.6% during the forecast period. latin america infusion pump market growth can be attributed to the increasing prevalence of chronic diseases owing to the rapidly growing geriatric population, increasing use of infusion products in home care with favorable reimbursement coverage, and technological improvements in infusion products. However, the presence of stringent regulations for product approval and the occurrence of several cases of medication errors associated with infusion pumps (and related product recalls in the recent past) may restrain the growth of the Latin American infusion pumps and accessories market during the forecast period. Product innovations focusing on improving the safety features of infusion pumps are at the center of R&D efforts from leading players in latin america infusion pump market.
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