Global Infusion Pumps Market Foreseen To Grow Exponentially Over 2018-2026 With Top Key Players ICU Medical Inc. Smiths Group PLC, Baxter International Inc, Fresenius Se and Co. KGaA, Johnson and Johnson, Medtronic PLC

Patient-controlled analgesia infusion pumps are commonplace in healthcare settings and are widely used to transfer medications, nutrients, and fluids to the patient body at preset intervals in accurate dosages. The infusion of fluids and medication into the patient venous system play a vital role in current therapeutic regimens and are used across the length and breadth of healthcare settings right from inpatient, outpatient, and private clinics to at-home settings. A myriad range of infusion pumps such as peripheral venous catheters, central venous catheters, peripherally inserted central catheters (PICCs), implants and epidural catheters are used as per requirement. The type of delivery or the device used for fluid and medication delivery mainly depends on the condition of the patient receiving the therapy. The adoption of such devices in different application is expected to fuel growth of the infusion pumps market.

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Market Dynamics - Infusion Pumps Market

Accurate engineering of infusion pumps is very essential to avoid over- or under-infusion of medications. To ensure safe usage of these devices, the U.S. FDA issued a three step program in 2010:
-Increasing awareness among the users
-Proactively facilitating improvements in infusion pump devices
-Publishing guidelines for the industry

In January 2017, the regulatory body issued a statement addressing caution in MRI scan of patients with implantable infusion pumps. It stated that only infusion pumps labeled as MR-conditional should be scanned safely under specific conditions mentioned by the manufacturer of infusion pump. Ambulatory infusion pumps offer the user a convenience to administer medications while on the move. The infusion pump market is attracting investments by non-existing market players. ICU Medical, Inc. acquired Hospira’s infusion pumps business from Pfizer, Inc. in February 2017 for US$ 900 million.

Key Players - Infusion Pumps Market

Key companies covered as a part of this study include ICU Medical, Inc. Smiths Group plc, Baxter International Inc., Fresenius Se & Co. KGaA, Johnson & Johnson, Medtronic PLC, Becton, Dickinson and Company, Moog, Inc., Terumo Corporation, and B. Braun Melsungen AG

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Market Taxonomy

This report segments the global infusion pumps market on the basis of product type, application, channel type, end user, and geography. On the basis of product type, the market is categorized into ambulatory pumps, volumetric pumps, syringe pumps, enteral, insulin, implantable, patient controlled analgesia pumps and pump accessories. On the basis of application, the market is segmented into chemotherapy/oncology, pediatrics/neonatology, analgesia, gastroenterology, hematology, diabetes. On the basis of channel type, the global infusion pumps market is segmented into single channel and multi-channel pumps. The end user segment is divided into hospitals, ambulatory clinics, home care, clinics and others. For comprehensive understanding of market dynamics, the global infusion pumps market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Detailed Segmentation:

Global Infusion Pumps Market, By Device Type:
Ambulatory
Volumetric Pumps
Syringe Pumps
Enteral
Insulin
Implantable
Patient Controlled Analgesia Pumps
Pump Accessories

Global Infusion Pumps Market, By Application:
Chemo Therapy/Oncology
Pediatrics/Neonatology
Analgesia
Gastroenterology
Hematology
Diabetes

Global Infusion Pumps Market, By Channel Type:
Single Channel
Multi-Channel

Diabetes Global Infusion Pumps Market, By End User:
Hospitals
Ambulatory clinics
Home care
Clinics
Others

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