Press release
Infusion System Market - Overview of Vital Players 3M, B. BRAUN MELSUNGEN AG, Baxter, Becton, Dickinson and Company, Fresenius Kabi AG, ICU Medical, Inc. etc. by 2025
Infusion System Market - Key PlayersSome of the key players in this market are:
3M
BRAUN MELSUNGEN AG
Baxter
Becton, Dickinson and Company
Fresenius Kabi AG
ICU Medical, Inc.
Smith’s Medical
Terumo Medical Corporation
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Infusion System Market - Highlights
Globally the Infusion System Market is expected to grow at the rate of about 4.9% from 2017 to 2025. The various factors that influence the growth of the market are increased use of infusion pumps for the delivery of drugs and other fluids, rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements from the leading market players.
Infusion pumps can deliver fluids in large or small amounts and at different flow rates. These are used to deliver nutritional fluids such as minerals, salts, saline solution, and medicinal fluids such as insulin, other hormones, chemotherapy drugs, antibiotics, and pain relievers. The increasing use of infusion pumps is driving the growth of the market. Additionally, there are some factors such as rising prevalence of chronic and fatal diseases, high demand of the infusion systems in the military medical units, technological advancements in the infusion systems from the leading market players are believed to boost the infusion system market.
Infusion System Market - Key Finding
The Infusion System Global Market is expected to reach $44.33 billion by 2025.
IV disposable holds the largest share of 66.7% of the market.
North America holds the largest market share of Infusion System market and is anticipated to reach $15.79 billion by the end of forecast period.
Globally, Asia-Pacific is the fastest growing region and expected to grow at the rate of 5.3% during the forecast period.
Infusion System Market - Segmentation
Infusion System market has been segmented on the basis of product type which comprises of IV disposable, Infusion pump, and others. IV disposable accounted for the largest market share of the total market in 2016. On the basis of application, market is segmented into Chemotherapy, diabetes, gastrointestinal diseases, pediatrics, and others. Chemotherapy segment accounted for the largest market share of the total market in 2016. On the basis of end user, market is segmented into hospitals, specialty oncology wards, homecare, and others. Hospitals dominated the global market with the largest market share in 2016.
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Infusion System Market - Regional Analysis
Depending on geographic region, infusion system market is segmented into four key regions: North America, Europe, Asia Pacific, and Middle East & Africa. Globally North America is the largest market for infusion system. The North America market for infusion system is expected to reach at USD 15.79 billion by the end of the forecasted period. Europe is the second-largest market for infusion system which is expected to grow at a CAGR of 5.1%. Asia pacific region is expected to be fastest growing region in infusion system market. Middle East & Africa region is projected to have a limited but steady growth.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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Report Overview
The global intravenous infusion pump market was valued at $4,154.30 million in 2020, and is estimated to reach $8,147.20 million by 2030, growing at a CAGR of 7.10% from 2023 to 2032. An intravenous infusion pump is a medical tool used to administer drugs or nutrients directly into a patient's bloodstream. These are frequently seen in medical facilities since they are frequently utilised to transport drugs in precise quantities.
The…