Press release
Infusion Pumps Market Size to Grow at a CARG of over 8% by 2025 – Arizton
The infusion pumps market size to reach USD 11 billion by 2025, growing at a CAGR of 8% during the forecast period.The global infusion pump is the fastest-growing market in terms of medical devices. The market is growing at a significant rate and is expected to grow at a similar pace during the forecast period. This surge in growth is attributed to the prevalence/ incidence of various patient populations, including diabetes, cancer, among others.
The market is growing at a faster rate due to the surge in awareness among the patient population, along with the increase in the availability of various treatment options. Also, vendors and physicians have taken several steps to create awareness and educate the nurses regarding the usage of the advanced infusion equipment. Further, with the COVID-19 pandemic, the demand for infusion pumps has increased as the nebulization medicines are given with the help of these pumps in the ventilators to treat the COVID-19 patients.
The following factors are likely to contribute to the growth of the infusion pumps market during the forecast period:
• Increase in Demand for the Ambulatory Infusion Pumps
• Adoption of Smart Infusion Pumps
• Increase in Target Population
• Increased Usage of Diabetic Infusion Pump
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Infusion Pumps Market – Segmentation
In 2019, the large volume infusion pump segment accounted for a share of 28% in the product segment. These pumps are used to provide safe and accurate delivery of intravenous fluid products to patients. The plastic tubing is connected to a bag of intravenous fluids, which is threaded through the large volume infusion pump; this tubing is connected to the patient via intravenous access. These pumps are programmed by the nurse to deliver medications to the patient at a specific or titrated rate according to the physician's advice. The infusion pumps have monitoring sensors designed to protect the patient, such as a sensor that alarms if there are air bubbles present in the plastic tubing. Nurses monitor the safe delivery of intravenous fluids or medications to the patient.
Infusion Pumps Market by Product
• Large-volume Infusion Pumps
• Syringe Infusion Pumps
• Insulin Infusion Pumps
• Enteral Feeding Pumps
• Elastomeric Infusion Pumps
• Implantable Infusion Pumps
Infusion Pumps Market by Technology
• Traditional
• Specialty
Infusion Pumps Market by Usage
• Stationary
• Ambulatory
Infusion Pumps Market by Application
• Oncology
• Diabetics
• Gastroenterology
• Pediatrics & Neonatology
• Pain Management
• Others
Infusion Pumps Market by End-users
• Hospitals
• Home Healthcare Settings
• Nursing Homes
• Others
Infusion Pumps Market – Geography
North America is the leading revenue generator for infusion pumps across the globe. The region accounted for a 42% share in the global infusion pumps market. Europe is the second-largest market for infusion pumps. Countries such as Germany, France, the UK, Italy, and Spain are the major revenue contributors to the infusion pumps market in Europe. The demand for infusion pumps is moderate in North America and Europe as these are replacement market for the infusion pumps, with developed infrastructure and reimbursement, and an insurance policy for most of the population. This further increases the usage of advanced equipment in the EDs and ICU departments.
Segmentation by Geography
• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• South Korea
• Australia
• India
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• Turkey
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Infusion Pumps Market – Vendor Profiles
Prominent Vendors
• BD
• B. Braun Melsungen
• Fresenius Kabi
• ICU Medical
• Smiths Medical
• Medtronic
• Baxter
Other Prominent Vendors
• Abbott
• ALCOR Scientific
• Amsino International
• Ace Medical
• Angel Electronic Equipment
• Avanos Medical
• BTC Health
• Cardinal Health
• Danone Nutricia
• ERENLER MEDIKAL
• Flowonix Medical
• Go Medical Industries
• HEKA
• ICU Medical
• Insulet
• I-Flow
• JMS
• Leventon S.A.U
• LIFEPUM MEDITECH
• Micrel Medical Devices
• Moog
• Mahusaca
• Nestlé
• NIPRO
• pfm medical
• Q Core Medical
• Hoffmann-La Roche
• Samtronic
• Summit Medical Products
• Teleflex
• YPSOMED
• Terumo
• Tandem Diabetes Care
• ViCentra
• Vygon
• tricumed Medizintechnik
• Zealand Pharma
• Zyno Medical
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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