Rising Prevalence Of Chronic Diseases To Drive Market Growth: Key Factor Driving The Growth In The Infusion Pump Market

The Infusion Pump Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Infusion Pump Market Size and Its Estimated Growth Rate?
The market size for infusion pumps has significantly expanded in the past few years. The expected growth is from $14.77 billion in 2024 to $15.85 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.4%. The historic period growth is credited to factors such as an increase in the aging population, prevalence of chronic illnesses, trends in hospitalization, surgical procedures, and advancements in the healthcare sector.

A considerable expansion is anticipated in the infusion pump market in the coming years, with projections estimating it to reach $22.92 billion by 2029, preparing for a compound annual growth rate (CAGR) of 9.7%. The expected growth during the prediction period can be credited to the emerging trends of home healthcare, increased ambulatory care centers, worldwide health problems, technological advancements, and a shift towards patient-centric care. Key trends anticipated during the forecasting period encompass the rise of wearable infusion devices, the broadening of ambulatory infusion centers, tailored options for pediatric and senior patients, emphasis on cost-effectiveness and efficiency, and the inclusion of artificial intelligence within infusion systems.

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What Are the High-Growth Segments in the Infusion Pump Market?
The infusion pump market covered in this report is segmented -

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 User: Hospitals, Ambulatory Care Settings, Specialty Clinics, Home Care Settings

Subsegments:
1) By Accessories And Consumables: Infusion Sets, IV Catheters, Syringes, Safety Needles, Tubing
2) By Devices: Volumetric Infusion Pumps, Syringe Pumps, Ambulatory Infusion Pumps, PCA (Patient-Controlled Analgesia) Pumps, Insulin Pumps, Enteral Infusion Pumps

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What Key Drivers Are Expected to Influence Future Infusion Pump Market Growth?
The infusion pump market is projected to expand due to the increasing incidence of chronic illnesses. The term chronic diseases encompasses noncommunicable diseases (NCDs) that are enduring health issues, often gradually developing over a long duration. The growing occurrence of chronic diseases such as cancer and diabetes can be attributed to modifications in lifestyle, a decrease in physical activity, degraded quality of life, and unhealthy dietary habits. Infusion pumps are employed in the treatment of these chronic diseases as they offer exact dosage, precise fluid administration, and tailored treatment options. For instance, as per data from the National Center for Biotechnology Information (NCBI), a U.S-based medical library, the global population living with chronic diseases is reportedly going to reach 142.66 million by 2050, a notable rise from 71.522 million in 2020. Moreover, the International Diabetes Federation, an aggregate body of over 230 domestic diabetes associations from across 160 countries, estimates that the global diabetic population would augment to 643 million by 2030 and 783 million by 2045. Hence, the escalating prevalence of chronic diseases will substantialize the growth of the infusion pump market.

Which Companies Hold the Largest Share Across Different Infusion Pump Market Segments?
Major companies operating in the infusion pump market include Becton Dickinson and Company, Baxter International Inc., B. Braun Melsungen AG, ICU Medical Inc., Fresenius Kabi AG, Smiths Medical Inc., Medtronic plc, Moog Inc., Terumo Corporation, Insulet Corporation, Boston Scientific Corporation, Tandem Diabetes Care Inc., InfuTronix Solutions LLC, Micrel Medical Devices SA, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Mindray Medical International Limited, Caesarea Medical Electronics Ltd., Hospitech Respiration Ltd., IRadimed Corporation, Ivenix Inc., Sooil Development Co. Ltd., ZOLL Medical Corporation, Zyno Medical LLC

What Trends Are Driving Growth in The Infusion Pump Market?
The advent of technology has surfaced as a prominent trend that is gaining traction in the infusion pump industry. Key corporations involved in the infusion pump trade are endeavoring to create innovative technological solutions to solidify their footing. For example, in November 2022, Medtronic, a medical device company based in the US, introduced the MiniMed Quick-set Plus, the only and first insulin pump infusion set globally. It was distinctively fashioned with advanced constituents that help decrease insulin preservative loss and sustain insulin movement and stability, thereby doubling the usage duration of an infusion set. This is the only infusion set that has received FDA approval, and it is intended to offer a more streamlined and pleasant experience for individuals with diabetes.

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What Are the Emerging Geographies for The Infusion Pump Market Growth?
North America was the largest region in the infusion pump market in 2024. The regions covered in the infusion pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Infusion Pump Market?
2. What is the CAGR expected in the Infusion Pump Market?
3. What Are the Key Innovations Transforming the Infusion Pump Industry?
4. Which Region Is Leading the Infusion Pump Market?

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