Infusion Pumps Market Projected to Reach $25.9 Billion by 2030

According to the latest report by Meticulous Research®, the infusion pumps market is projected to reach $25.9 billion by 2030, growing at a CAGR of 8.3% during the forecast period. This growth is driven by increasing demand for ambulatory infusion pumps, a rising incidence of chronic diseases, a rapidly aging population, the growing number of surgical procedures, and heightened awareness of home healthcare solutions. However, market growth is hindered by frequent product recalls, the growing adoption of refurbished and rental infusion pumps, and stringent regulatory requirements for new product approvals.

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Emerging markets and the rising adoption of specialty infusion systems, such as IoT-enabled infusion pumps, present significant opportunities. Yet, challenges like the increasing occurrence of medication errors and the lack of wireless connectivity in hospitals may limit market expansion.

Key Players

Major players in the infusion pumps market include Becton, Dickinson and Company (BD), B. Braun SE (Germany), Baxter International Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), ICU Medical, Inc. (U.S.), Medtronic plc (Ireland), MOOG Inc. (U.S.), Terumo Corporation (Japan), F. Hoffmann-La Roche Ltd (Switzerland), and Insulet Corporation (U.S.).

Infusion Pumps Market: Future Outlook

The infusion pumps market is segmented by product type [Devices (Volumetric, Syringe, Insulin, Ambulatory {Disposable, Chemotherapy}, Enteral, PCA, Implantable Infusion Pumps), Devices by Mode (Manual, Automatic Infusion Pumps), and Infusion Pump Accessories/Consumables], channel (Single Channel, Multi-Channel Infusion Pumps), application (Diabetes, Oncology, Pain Management, Hematology, Pediatrics, Gastroenterology), end user (Hospitals & Clinics, Home Healthcare, Academic & Research Institutes, Ambulatory Care, Nursing Homes), and geography. The report also evaluates competitors and provides market analysis at the regional and country levels.

In 2024, the infusion pump accessories/consumables segment is expected to hold the largest market share, driven by the increased use of infusion pumps in ambulatory centers, rising demand for accessories in home healthcare, and the recurring nature of consumables.

The multi-channel infusion pumps segment is projected to dominate based on channel, with factors like the ability to administer multiple fluids simultaneously, advancements in technology, and reduced healthcare monitoring efforts contributing to its growth.

Oncology is expected to account for the largest share by application in 2024, driven by the increasing number of cancer patients and the widespread use of portable chemotherapy infusion pumps.

By end user, the hospitals & clinics segment is projected to lead the market, due to the rising number of hospital admissions for chronic diseases and the growing adoption of infusion pumps, which became critical during the COVID-19 pandemic for automatic, reliable, and contact-free dosing in severe cases.

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Geographic Overview

This report provides a geographic analysis of key regions, including North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and others), Asia-Pacific (China, Japan, India, and others), Latin America (Brazil, Mexico, and others), and the Middle East & Africa.

In 2024, North America is expected to hold the largest share of the infusion pumps market, followed by Europe and Asia-Pacific. The U.S. is projected to be the largest market within North America, attributed to high adoption of advanced technologies, widespread use of portable infusion pumps, and substantial government healthcare spending.

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