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Rising Cancer Rates To Boost Demand For Chemotherapy Infusion Pumps: The Driving Engine Behind Chemotherapy Infusion Pumps Market Evolution in 2025
Chemotherapy Infusion Pumps
Chemotherapy Infusion Pumps Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of chemotherapy infusion pumps has seen a significant surge. The market is set to expand from $4.92 billion in 2024 to $5.24 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. Several factors such as the transition towards outpatient care, an increase in instances of cancer, developments in healthcare infrastructure, an aging population, and healthcare costs contributed to the growth during the historic period.
How Will the Chemotherapy Infusion Pumps Market Size Evolve and Grow by 2029?
The market size for chemotherapy infusion pumps is expected to experience significant growth in the upcoming years. By 2029, it's anticipated to hit $6.65 billion with a compound annual growth rate (CAGR) of 6.1%. The reason for growth prediction during this forecast period is tied to the increasing development in home healthcare, growth in cancer cases, increased awareness and screening programs, beneficial regulatory policies and quicker approval techniques for new medical equipment. The forecast period will also see key trends like the application of smart technologies, home-based chemotherapy therapeutics, focus on pumps with improved security features, personalization and precision infusion pumps, and better integration with EHR systems.
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What Drivers Are Propelling the Growth of Chemotherapy Infusion Pumps Market Forward?
The escalating prevalence of cancer is anticipated to boost the expansion of the chemotherapy infusion pumps market in the future. Characterized by the unchecked growth and spread of abnormal cells, cancer is an umbrella term for a range of diseases. Lifestyle changes, inherited genetic tendencies, and a mix of genetic mutations and environmental elements like smoking, radiation, chemicals, and infectious agents contribute to the progression of cancer. Chemotherapy infusion pumps provide valuable help to cancer patients by ensuring accurate, constant delivery of chemotherapy medications, enhancing drug management, and reducing side effects. For example, the World Health Organization, an intergovernmental organization based in Switzerland, projected in February 2024 that over 35 million new cases of cancer are anticipated in 2050, marking a 77% rise from the estimated 20 million cases in 2022. As a result, the rising prevalence of cancer is expected to fuel the growth of the chemotherapy infusion pump market.
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Which Emerging Trends Are Transforming the Chemotherapy Infusion Pumps Market in 2025?
Foremost companies in the chemotherapy infusion pumps market are introducing breakthrough technologies, such as modifiable infusion rates for different chemotherapy medications, to facilitate more customized and accurate treatment schedules. These adjustable infusion rates permit healthcare professionals to regulate the velocity and quantity of chemotherapy drug administration based on each individual's unique needs. For example, in May 2023, Mindray, a medical device and solution company from China, launched an innovative infusion procedure termed 'Rhythm Dose' in their new BeneFusion i/u infusion pump series. This sophisticated feature is specifically made to enhance the delivery of chemotherapy medications. It enables medical experts to deliver continuous IV infusions of various chemotherapy medications at diverse rates, enabling more tailored treatment plans.
What Are the Key Segments in the Chemotherapy Infusion Pumps Market?
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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Who Are the Key Players Shaping the Chemotherapy Infusion Pumps Market's Competitive Landscape?
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
What Geographic Markets Are Powering Growth 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.
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