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Top Factor Driving Chemotherapy Infusion Pumps Market Growth in 2025: Rising Cancer Rates To Boost Demand For Chemotherapy Infusion Pumps
Chemotherapy Infusion Pumps
The chemotherapy infusion pumps market is forecasted to witness significant growth due to the surge in cancer cases. Cancer encompasses a range of diseases marked by unrestricted cellular proliferation and the spreading of irregular cells throughout the body. The disease is propelled by several factors including changes in lifestyle, inherited genetic tendencies as well as a blend of genetic alterations and environmental variables like smoking, radiation, chemicals, and infectious organisms. Chemotherapy infusion pumps provide immense support to cancer patients by ensuring a steady, precise dosage of chemotherapy medications, enhancing the effectiveness of drug delivery and reducing side effects. For instance, the World Health Organization, an intergovernmental body based in Switzerland, projected in February 2024 that the number of new cancer cases will exceed 35 million by 2050, marking a 77% leap from the approximated 20 million cases in 2022. Consequently, the escalating incidence of cancer is set to fuel the demand in the chemotherapy infusion pump market.
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What is the future CAGR of the chemotherapy infusion pumps market, and how will it impact industry expansion?
In the last few years, the chemotherapy infusion pumps market has seen a significant increase in size. The market, currently valued at $4.92 billion in 2024, is projected to reach $5.24 billion in 2025, showing a compound annual growth rate (CAGR) of 6.5%. The historic growth can be credited to the transition to outpatient care, heightened cancer rates, enhancement of healthcare infrastructure, aging populace, and increased spending on healthcare.
In the upcoming years, the market size of chemotherapy infusion pumps is projected to experience robust growth, reaching a value of $6.65 billion by 2029 with a compound annual growth rate (CAGR) of 6.1%. This projected growth during the forecast period is tied to various factors such as the expansion of home healthcare facilities, a growing number of cancer cases, awareness and screening programs, favorable regulatory policies, and accelerated approval processes for new medical devices. The forecast period will see significant trends such as the incorporation of smarter technologies, home-based chemotherapy treatments, the focus on pumps equipped with advanced safety features, adjustable and precision-infused pumps, and improved integration with EHR systems.
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What are the most significant trends transforming the chemotherapy infusion pumps market today?
Leading corporations within the chemotherapy infusion pumps market are pioneering novel technologies such as adjustable infusion rates for a range of chemotherapy medicines, facilitating improved and more tailored treatment schedules. These modifiable rates enable medical providers to regulate both the pace and quantity of chemotherapy medication according to each individual patient's distinct needs. For example, Mindray, a medical device and solution provider based in China, launched an inventive infusion mode known as 'Rhythm Dose' within their newest BeneFusion i/u infusion pump series in May 2023. This advanced function is specifically crafted to refine the conveyance of chemotherapy medications. It grants health care professionals the capability to deliver continuous intravenous infusions of assorted chemotherapy drugs at fluctuating rates, thereby enabling more personalized treatment approaches.
Which key market segments comprise the chemotherapy infusion pumps market and drive its revenue growth?
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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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.
Who are the leading players fueling growth in the chemotherapy infusion pumps market?
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
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What Is Covered In The Chemotherapy Infusion Pumps Global Market Report?
•Market Size Forecast: Examine the chemotherapy infusion pumps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the chemotherapy infusion pumps market for a structured understanding.
•Key Players Overview: Analyze major players in the chemotherapy infusion pumps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chemotherapy infusion pumps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the chemotherapy infusion pumps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chemotherapy infusion pumps market.
•Industry Challenges: Identify potential risks and obstacles affecting the chemotherapy infusion pumps market.
•Competitive Landscape: Review strategic developments in the chemotherapy infusion pumps market, including expansions, agreements, and new product launches.
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