Infusion Pumps and Accessories Market Industry Analysis and Opportunity and Forecast 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.

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.

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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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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.

LIST OF FIGURES

FIGURE 01. INFUSION PUMPS AND ACCESSORIES MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS IN THE GLOBAL INFUSION PUMPS AND ACCESSORIES MARKET
FIGURE 03. TOP WINNING STRATEGIES, BY YEAR, 2015-2017*
FIGURE 04. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2017* (%)
FIGURE 05. TOP WINNING STRATEGIES, BY COMPANY, 2015-2017*
FIGURE 06. TOP PLAYER POSITIONING, 2016
FIGURE 07. UNDIAGNOSED PATIENT POPULATION OF DIABETES, 2015 (MILLION)
FIGURE 08. WORLD POPULATION AGED 65 AND OVER: 2015, 2030, AND 2050 (IN MILLION)
FIGURE 09. IMPACT ANALYSIS: GLOBAL INFUSION PUMPS AND ACCESSORIES MARKET
FIGURE 10. PATENTS REGISTERED/APPROVED IN THE WORLD, 2015-2018

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