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Drug Infusion Systems Market Size Forecasted To Achieve $20.46 Billion By 2029 With Steady Growth
The Drug Infusion Systems 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 Drug Infusion Systems Market Size and Projected Growth Rate?
The Drug Infusion Systems 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 Drug Infusion Systems Market Size and Projected Growth Rate?
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What Are the Major Segments in the Drug Infusion Systems Market?
The drug infusion systems market covered in this report is segmented -
1) By Product Type: Elastomeric Infusion System, Disposable Infusion System, Syringe Infusion System, Peristaltic Pump, Multi-Channel Pump, Patient-Controlled Analgesia (PCA) Pump, Insulin Pump, Implantable Infusion System
2) By Route Of Administration: Intravenous, Subcutaneous, Arterial, Epidural, Other Routes Of Administration
3) By Application: Oncology And Chemotherapy, Diabetes, Analgesia, Nutrition, Hematology, Pediatrics, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other End Users
Subsegments:
1) By Elastomeric Infusion System: Non-Vented Elastomeric Pumps, Vented Elastomeric Pumps
2) By Disposable Infusion System: Disposable Infusion Pumps, IV Sets With Disposable Components
3) By Syringe Infusion System: Manual Syringe Infusion Pumps, Electric Syringe Infusion Pumps
4) By Peristaltic Pump: Single-Channel Peristaltic Pumps, Multi-Channel Peristaltic Pumps
5) By Multi-Channel Pump: Multi-Channel Infusion Pumps For General Use, Multi-Channel Pumps For Specific Therapies
6) By Patient-Controlled Analgesia (PCA) Pump: Electronic PCA Pumps, Mechanical PCA Pumps
7) By Insulin Pump: Continuous Subcutaneous Insulin Infusion (CSII) Pumps, Patch Insulin Pumps
8) By Implantable Infusion System: Implantable Pumps For Chronic Pain, Implantable Pumps For Chemotherapy
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What Are The Driving Drug Infusion Systems Market Evolution?
The growth of the drug infusion system market is anticipated to be driven by the rising occurrence of chronic illnesses. Prolonged or continuous infusion therapy is often necessary for chronic diseases such as cancer, diabetes, cardiovascular disease, and autoimmune disorders. Drug infusion systems provide a reliable, efficient, and effective method of delivering medication to these patients. The rate of prevalence has been escalating more swiftly in low and middle-income countries compared to wealthy nations. Diabetes is a primary contributor to renal failure, heart attacks, strokes, blindness, and lower limb amputation. For example, data published by the Centers for Disease Control and Prevention (CDC), an organization based in the US, in February 2024, indicated that the number of people in America dealing with multiple chronic diseases is on the rise, with 42% managing two or more, and 12% managing five or more. Therefore, the escalating demand alongside the growing prevalence of chronic diseases fuels the expansion of the drug infusion system market.
Which Firms Dominate The Drug Infusion Systems Market Segments?
Major companies operating in the drug infusion systems market include Medtronic plc, Baxter International Inc., ICU Medical Inc., Becton Dickinson and Company, Smiths Group plc, Tandem Diabetes Care Inc., Terumo Corporation, Halyard Health Inc., Insulet Corporation, Zyno Medical Inc., Braun Melsungen AG, Flowonix Medical Inc., IRadimed Corporation, Moog Inc., Debiotech S.A., Fresenius SE & Co. KGaA, Johnson & Johnson, Hospira, Alaris Health Systems Inc., B. Braun Melsungen AG, Disetronic Medical Systems AG, Accu-Chek, Abbott Diabetes Care Inc., Novo Nordisk A/S, Eli Lilly and Company, Sanofi-Aventis, Ypsomed Holding AG, Valeritas Inc.
What Trends Are Expected to Dominate the Drug Infusion Systems Market in the Next 5 Years?
In the drug infusion systems market, key players are introducing cutting-edge technology like cloud-based infusion management systems, with an aim to advance patient care, enhance precision, and simplify infusion therapy administration. These systems, built on digital platforms, ensure the efficient supervision, control, and record-keeping of medication infusions through a cloud network. To illustrate, Eitan Medical, an American international frontrunner in pioneering infusion therapy and drug delivery solutions, introduced Eitan Insights in June 2023. This new offering is a bespoke cloud-based infusion management system tailored for home and speciality infusions. With Eitan Insights, medical professionals can access real-time data and analysis, allowing for remote patient monitoring and treatment plan amendments as necessary. This platform boosts medication safety, minimizes potential error risk and ensures consistent compliance with set procedures.
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Which Is The Largest Region In The Drug Infusion Systems Market?
North America was the largest region in the drug infusion systems market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global drug infusion systems market report during the forecast period. The regions covered in the drug infusion systems 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 Drug Infusion Systems Market?
2. What is the CAGR expected in the Drug Infusion Systems Market?
3. What Are the Key Innovations Transforming the Drug Infusion Systems Industry?
4. Which Region Is Leading the Drug Infusion Systems Market?
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Report Overview
The global intravenous infusion pump market was valued at $4,154.30 million in 2020, and is estimated to reach $8,147.20 million by 2030, growing at a CAGR of 7.10% from 2023 to 2032. An intravenous infusion pump is a medical tool used to administer drugs or nutrients directly into a patient's bloodstream. These are frequently seen in medical facilities since they are frequently utilised to transport drugs in precise quantities.
The…