Press release
Rising Cancer Rates To Boost Demand For Chemotherapy Infusion Pumps Driver: A Major Catalyst in the Evolution of the Chemotherapy Infusion Pumps Market in 2025
Chemotherapy Infusion Pumps Market Size
The market size for chemotherapy infusion pumps has seen notable growth over the years. The market's value is projected to increase from $4.92 billion in 2024 to $5.24 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. Factors such as the shift towards outpatient care, rising incidence of cancer, advancements in healthcare infrastructure, an aging population, and total healthcare expenditure contributed significantly to the historical growth of this market.
The market size of chemotherapy infusion pumps is predicted to experience substantial expansion in the coming years, reaching a value of $6.65 billion by 2029. This represents a compound annual growth rate (CAGR) of 6.1%. The anticipated growth during the forecast period is attributed to factors such as the expansion of home healthcare, growing incidences of cancer, awareness and screening programs, beneficial regulatory policies, and expedited approval procedures for new medical devices. Noteworthy trends for the forecast period encompass the integration of intelligent technologies, at-home chemotherapy treatments, focus on pumps featuring advanced safety, customized and precision infusion pumps, along with improved incorporation with EHR systems.
What Factors Are Fueling Growth in the Chemotherapy Infusion Pumps Market?
The chemotherapy infusion pumps market is expected to grow due to the rising prevalence of cancer. Cancer, which involves the unregulated growth and spread of abnormal cells, is influenced by various factors such as lifestyle changes, genetic tendencies, and a mix of environmental and genetic mutations. These factors can include radiation, chemical exposure, smoking, and infectious agents. Chemotherapy infusion pumps play a vital role in cancer treatment by delivering accurate and continuous dosages of chemotherapy drugs. This enhances drug administration and reduces side effects. As per the World Health Organization, a Switzerland-based global organization, over 35 million new cancer cases are forecasted for 2050, depicting a 77% rise from the estimated 20 million cases in 2022. Therefore, the surge in cancer cases is projected to boost the growth of the chemotherapy infusion pump market.
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Who Are the Major Industry Players Fueling Chemotherapy Infusion Pumps Market Expansion?
Major companies operating in the chemotherapy infusion pumps market are Johnson & Johnson Services Inc., Medtronic plc, Becton Dickinson and Company, Baxter International Inc., Medline Industries LP, B. Braun Holding GmbH & Co. KG, Fresenius Kabi AG, Grifols S.A., Terumo Corporation, Nipro Corporation, Smiths Group plc, Moog Inc., Avanos Medical Inc., Halyard Health, Vygon SAS, Palex Medical SA, Samtronic SA, ICU Medical Inc., Pfm Medical Ag, Zyno Medical LLC, Leventon S.A.U., InfuTronix Solutions LLC, Heka Healthcare, PROMECON GmbH
Which Key Developments Are Influencing the Chemotherapy Infusion Pumps Market?
Key players in the chemotherapy infusion pumps market are introducing advanced technologies including the ability to personalize infusion rates for different chemotherapy drugs to ensure more accurate and individualized treatment plans. These customizable infusion rates in chemotherapy infusion pumps permit medical practitioners to regulate the pace and amount of chemotherapy drug administration, tailored to the unique needs of each patient. For instance, in May 2023, Mindray, a medical product and solution provider based in China, launched a revolutionary infusion method named 'Rhythm Dose' in their latest BeneFusion i/u infusion pump series. This modern feature is specifically intended to enhance the delivery of chemotherapy drugs. It enables medical professionals to deliver continual intravenous infusions of various chemotherapy drugs at different rates, enabling more personalized treatment plans.
How Is the Segmentation of the Chemotherapy Infusion Pumps Market Defined?
The chemotherapy infusion pumps market covered in this report is segmented -
1) By Type: Large Volume Pumps, Syringe Pump, Elastomeric Pumps, Ambulatory Infusion Pumps, Other Types
2) By Usage: Disposable, Reusable
3) By End User: Hospitals, Clinics, Home Care, Other End Users
Subsegments
1) By Large Volume Pumps: Traditional Large Volume Pumps, Volumetric Infusion Pumps
2) By Syringe Pump: Manual Syringe Pumps, Electronic Syringe Pumps
3) By Elastomeric Pumps: Disposable Elastomeric Pumps, Reusable Elastomeric Pumps
4) By Ambulatory Infusion Pumps: Disposable Ambulatory Infusion Pumps, Reusable Ambulatory Infusion Pumps
5) By Other Types: Smart Infusion Pumps, Patient-Controlled Analgesia (Pca) Pumps
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What Is the Leading Region in the Chemotherapy Infusion Pumps Market?
North America was the largest region in the chemotherapy infusion pump market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemotherapy infusion pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Chemotherapy Infusion Pumps Global Market Report?
- Market Size Analysis: Analyze the Chemotherapy Infusion Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Chemotherapy Infusion Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Chemotherapy Infusion Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Chemotherapy Infusion Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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