Infusion Pumps and Accessories Market Size, share and growth analysis with key players Baxter International Inc., B. Braun Melsungen AG, Fresenius SE & Co., Smiths Medical, Johnson & Johnson, Becton, Dickinson and Company, ICU Medical, Inc., CME Medical U

According to a new report published by Allied Market Research, titled, Infusion Pumps & Accessories Market, by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global infusion pumps & accessories market was valued at $6,478 million in 2016, and is estimated to reach $9,512 million at a CAGR of 5.6% from 2017 to 2023.

Infusion pumps are medical devices employed to deliver medications and fluids into patients body in controlled dosages. They are designed according to the usage; for example, for stationary use, the device is placed at patient bedside, and for ambulatory use, they can be wearable or portable. Infused fluids are various medications that are administered on the basis of patient conditions such as nutrients for eternal feeding, insulin, hormones, antibiotics, and others. Moreover, these pumps are widely used in healthcare settings such as patient, outpatient, private clinics, and at-home settings.

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The accessories & disposables segment occupied the largest share in 2016, and is anticipated to continue its dominance during the forecast period, owing to high usage, applicability, and availability of disposables for infusion therapies. However, the devices & pumps segment is expected to grow at the highest CAGR from 2017 to 2023.
Gastroenterology segment occupied the largest share in 2016, and is anticipated to continue its dominance during the forecast period. However, the chemotherapy segment is expected to grow at the highest CAGR from 2017 to 2023. The utilization rate of infusion pumps for hospitals is high; however, home care segment is expected to grow at a high rate during the forecast period. This is attributed to the development of technologically advanced home-based infusion pumps.

Key findings of the Infusion Pumps and Accessories Market:

• Accessories & disposables segment accounted for around three-fourths share of the global infusion pumps and accessories market in 2016.

• Ambulatory surgical centers segment is expected to grow at a CAGR of 6.1% from 2017 to 2023.

• Diabetes segment accounted for nearly one-fifth share of the global infusion pumps & accessories market in 2016.

• North America accounted for around three-fifths share of the global infusion pumps & accessories market in 2016.

• LAMEA is expected to grow at the highest CAGR of 6.3% from 2017 to 2023

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North America was the leading revenue contributor to the global infusion pumps & accessories market in 2016, accounting for more than half of the share. This is attributed to the early approval of infusion pumps and high use of these devices due to rise in incidence of chronic diseases. However, Asia-Pacific is expected to grow at the highest CAGR of 6.9% during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness towards infusion pumps.

Key players:

• Baxter International Inc.
• B. Braun Melsungen AG
• Fresenius SE & Co.
• Smiths Medical
• Johnson & Johnson
• Becton
• Dickinson and Company
• ICU Medical Inc.
• CME Medical UK Limited
• Moog Inc.
• Terumo Corporation.

Table of content:

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.1.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Top player positioning
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. High prevalence of chronic diseases
3.4.1.2. Surge in global geriatric population
3.4.1.3. Growing demand of home healthcare market
3.4.1.4. Infusion pumps possess wide range of application

3.4.2. Restraints

3.4.2.1. Several errors associated with infusion pumps
3.4.2.2. Stringent government regulations

3.4.3. Opportunities

3.4.3.1. Various growth opportunities from emerging economies
3.4.3.2. Development of efficient infusion pumps

3.4.4. Impact analysis

3.5. Patent analysis

3.5.1. Patent analysis, by year
3.5.2. 2017 patent analysis, by country

3.6. Regulatory Analysis

3.6.1. Medical devices regulations in the U.S.
3.6.2. Medical devices regulations in Europe
3.6.3. Medical devices regulations in Japan

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