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Key Influencer in the Elastomeric Infusion Pumps Market 2025: Rising Hospitalization Rates Drives Growth In The Elastomeric Infusion Pumps Market Driver
Elastomeric Infusion Pumps
The growing number of hospitalized patients is expected to propel the elastomeric infusion pump market. Hospitalized patients require specialized treatments that often include continuous medication. Elastomeric infusion pumps allow patients to continue receiving treatments at home after being discharged, thereby reducing hospital occupancy. For instance, in England, hospital admissions rose by 5% from 2021 to 2022. This increase in hospitalizations is driving the elastomeric infusion pump market.
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What is the projected compound annual growth rate (CAGR) of the elastomeric infusion pumps market from 2025 to 2034, and what factors influence it?
The elastomeric infusion pumps market is expected to grow from $1.07 billion in 2024 to $1.17 billion in 2025, with a CAGR of 9.7%. Growth is fueled by the high incidence of chronic conditions, a rise in surgical interventions, an aging population, increased awareness and education, and rising government programs and funding.
The elastomeric infusion pumps market is expected to see strong growth, reaching $1.67 billion by 2029 at a CAGR of 9.3%. The growth is driven by the increasing prevalence of chronic diseases, the aging population, rising surgical interventions, and higher healthcare expenditure. Major trends include IoT integration in smart infusion pumps, advanced anti-free-flow mechanisms, ergonomic designs, longer battery life, and eco-friendly materials.
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How are the latest trends influencing the growth of the elastomeric infusion pumps market?
Companies in the elastomeric infusion pump market are working on creating portable chemotherapy infusion pumps to improve infusion systems' reliability and ease of use, as well as to enhance the accuracy of drug delivery. These portable pumps allow patients to receive chemotherapy outside of hospitals, either continuously or intermittently. For example, in March 2022, Shanghai MicroPort Lifesciences Co. Ltd., a medical device firm from China, introduced AutoEx, designed for precise chemotherapy drug infusion. It includes a dual CPU control system and a disposable pump infusion unit, which features two fluid reservoir bags that switch automatically to ensure continuous medication delivery, thus improving patient comfort and minimizing manual intervention by healthcare professionals.
What are the major segments of the elastomeric infusion pumps market and their role in driving growth?
The elastomeric infusion pumps market covered in this report is segmented -
1) By Product Type: Continuous Rate Elastomeric Pumps, Variable Rate Elastomeric Pumps
2) By Treatment: Pain Management, Antibiotic Or Antiviral, Chemotherapy, Other Treatments
3) By End-User: Hospitals, Ambulatory Surgical Centers, Home Care Settings, Clinics, Other End-Users
Subsegments:
1) By Continuous Rate Elastomeric Pumps: Single-Flow Rate Elastomeric Pumps, Multi-Flow Rate Elastomeric Pumps (Fixed), Infusion Pumps For Pain Management
2) By Variable Rate Elastomeric Pumps: Adjustable Flow Rate Elastomeric Pumps, Pumps With Programmable Infusion Rates, Multi-therapy Variable Rate Elastomeric Pumps, Infusion Pumps For Chemotherapy And High-Precision Treatments
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Which regions are key players in the growth of the elastomeric infusion pumps market?
North America was the largest region in the elastomeric infusion pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the elastomeric infusion pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the elastomeric infusion pumps market?
Major companies operating in the elastomeric infusion pumps market are Baxter International Inc., Medline Industries, B. Braun Melsungen AG, Nipro Corporation, Avanos Medical Inc., Vygon SAS, pfm medical gmbh, Integrated Medical Systems Inc., Preferred Medical, Leventon S.A.U, Tuoren Medical, Eitan Medical, PROMECON GmbH, Epic Medical, Promecon Medical, Ace Medical Devices, Gamastech, Adria Med, Heka Healthcare, Beijing KellyMed Co. Ltd
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What Is Covered In The Elastomeric Infusion Pumps Global Market Report?
•Market Size Forecast: Examine the elastomeric infusion pumps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the elastomeric infusion pumps market for a structured understanding.
•Key Players Overview: Analyze major players in the elastomeric infusion pumps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the elastomeric infusion pumps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the elastomeric infusion pumps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the elastomeric infusion pumps market.
•Industry Challenges: Identify potential risks and obstacles affecting the elastomeric infusion pumps market.
•Competitive Landscape: Review strategic developments in the elastomeric infusion pumps market, including expansions, agreements, and new product launches.
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