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Infusion Pump Market 2023 - Market Insights, Growth Rate, Top Companies, Regional Outlook And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Infusion Pump Market Size, Growth Rate, And Forecast
The global infusion pump market size is expected to grow from $12.93 billion in 2022 to $14.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global infusion pump market size is expected to reach $19.09 billion in 2027 at a CAGR of 8%.
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Infusion Pump Market Drivers
The rise in the prevalence of chronic diseases is expected to propel the growth of the infusion pump market going forward. Chronic diseases refer to noncommunicable diseases (NCDs), which are long-term health conditions and often progress slowly over an extended period. The rise in the prevalence of chronic diseases, such as cancer and diabetes, is mostly driven by changing lifestyles, lack of physical activities, decreasing quality of life, and poor eating habits. Infusion pumps are used to treat some of these chronic diseases by providing accurate dosing, precise fluid delivery, and customized treatments.
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Infusion Pump Market Segments
1) By Product: Accessories And Consumables, Devices
2) By Type: Volumetric Infusion Pumps, Insulin Pumps, Enteral Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps, PCA Pumps, Implantable Infusion Pumps
3) By Technology: Traditional Infusion Pumps, Specialty Infusion Pumps
4) By Application: Chemotherapy Or Oncology, Diabetes Management, Gastroenterology, Pain Management Or Analgesia, Pediatrics Or Neonatology, Hematology, Other Applications
5) By End Users: Hospitals, Ambulatory Care Settings, Specialty Clinics, Home Care Settings
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the infusion pump market.
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Infusion Pump Market Key Players
Major competitors in the infusion pump market include Becton Dickinson and Company, Baxter, B Braun SE, ICU Medical, Fresenius Kabi AG, Smiths Medical, Medtronic, Moog Inc.
The Business Research Company's "Global Infusion Pump Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Infusion Pump Market Include:
1. Executive Summary
2. Infusion Pump Market Characteristics
3. Infusion Pump Market Trends And Strategies
4. Infusion Pump Market - Macro Economic Scenario
5. Infusion Pump Market Size And Growth
.........
26. Africa Infusion Pump Market
27. Infusion Pump Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Infusion Pump Market
29. Infusion Pump Market Future Outlook and Potential Analysis
30. Appendix
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