Press release
Remote diagnostic platforms to simulate the Next Generation IV Infusion Pumps Market at a CAGR of 7.2%
IV infusion pumps are medical devices that deliver fluids, medication, and nutrients to patients in a controlled manner through the intravenous route. They are widely used in hospitals, clinics, and home healthcare settings to provide continuous infusion of drugs, chemotherapy, and other fluids.Market Overview:
Worldwide revenue from the next-generation IV infusion pumps market was about US$ 2.8 Billion in 2022, with the global market estimated to surge ahead at a CAGR of 7.2% to reach a valuation of US$ 5.8 Billion by the end of 2033.
As assessed by Persistence Market Research, large volumetric infusion systems hold a market value of US$ 919.3 Million in 2022. overall, next-generation IV infusion pumps market sales account for approximately 6.6% revenue share in the global injectable drug delivery market, which was valued at around US$ 42.0 Billion in 2022.
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Company Profiles
Becton, Dickinson and Company (CareFusion)
Baxter International Inc.
Fresenius Kabi AG
B. Braun Melsungen AG
Smiths Medical (Smiths Group plc.)
ICU Medical (Hospira Inc.)
iRadimed Corporation
Zyno Medical
Medtronic Plc
Terumo Corporation
Nipro Corporation
Summit Medical Products, Inc
Ambu A/S
Gamastech S.R.L
vTitan
Acromed AG
Flowonix Medical, Inc
Halyard Health
Tricumed Medizintechnik GmbH
Ivenix, Inc
Drivers and Restraints:
The Next Generation IV Infusion Pumps Market is driven by factors such as the increasing prevalence of chronic diseases, the growing aging population, and the rise in the number of surgical procedures. Additionally, the advancements in technology such as the development of smart pumps, wireless connectivity, and cloud-based platforms are also driving the market growth. However, the high cost of these advanced devices, along with concerns regarding the safety and efficacy of these devices, is expected to restrain the market growth to some extent. Additionally, the lack of trained professionals to operate these devices and the stringent regulatory requirements are also expected to hinder market growth.
Key Segments Covered in Next-Generation IV Infusion Pumps Industry Research
Type of Pumps:
Large Volumetric Infusion Systems
Syringe Infusion Systems
Electronic-Ambulatory Infusion Systems
Patient Controlled Analgesia Pumps
Disposable Elastomeric Infusion Systems
Implantable Infusion Systems
MRI-Compatible IV Infusion Systems
IV Disposables
Application:
Clinical Nutrition
Pain Management
Chemotherapy
Antibiotic Management
Others
End User:
Hospitals
Ambulatory Surgical Centers
Homecare Settings
Diagnostic Centers
Others
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About Us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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