Rising Prevalence Of Chronic Diseases To Drive Market Growth: The Driving Engine Behind Infusion Pump Market Evolution in 2025

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Infusion Pump Market Size Growth Forecast: What to Expect by 2025?
The market size for infusion pumps has seen a robust growth lately. From $14.77 billion in 2024, it is expected to increase to $15.73 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. Aspects such as an aging population, prevalent chronic illnesses, trends in hospitalization, surgical processes, and healthcare advancements have contributed to the growth observed in the previous years.

How Will the Infusion Pump Market Size Evolve and Grow by 2029?
The market size for infusion pumps is anticipated to experience substantial growth in the future, specifically rising to $22.67 billion by 2029 with a compound annual growth rate of 9.6%. The vast majority of this projected uptick can be credited to evolving home healthcare trends, the emergence of ambulatory care centers, worldwide health issues, the integration of technology, and patient empowerment. Expected trends throughout this period include the advent of wearable infusion devices, budding ambulatory infusion centers, specialized adjustments for pediatric and geriatric patients, emphasis on cost-effectiveness and efficiency, and the application of artificial intelligence in infusion technology.

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What Drivers Are Propelling the Growth of Infusion Pump Market Forward?
The escalation of chronic diseases is anticipated to fuel the expansion of the infusion pump market. Chronic diseases are noncommunicable illnesses that are often characterized by slow progression over a prolonged period. The surge in chronic diseases like cancer and diabetes is largely attributed to changes in lifestyle, lack of physical exercise, diminishing quality of life, and unhealthy diet. Infusion pumps play a significant role in treating these chronic illnesses by delivering accurate dosage, precision in fluid delivery, and adaptable treatment methods. For example, the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, speculated in January 2023 that there would be a rise in individuals with chronic diseases worldwide to 142.66 million by 2050 from 71.522 million in 2020. In addition, the International Diabetes Federation, a consortium of over 230 national diabetes associations spanning more than 160 countries and territories, projected an increase in diabetics globally to 643 million by 2030 and 783 million by 2045. Consequently, the escalating prevalence of chronic diseases will likely stoke the growth of the infusion pump market.

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What Are the Key Trends Driving Infusion Pump Market Growth?
The rise of technology stands out as a key trend that's becoming increasingly popular in the infusion pump industry. Major players within the market are shifting their focus towards creating novel technological solutions to boost their market position. For example, in November 2022, Medtronic, a US-based medical device company, introduced the world's first and only insulin pump infusion set, named the MiniMed Quick-set Plus. This unique device is embedded with advanced components that assist in reducing the loss of insulin preservative and preserving the insulin's flow and stability, which effectively doubles the wear time of an infusion set. This FDA-approved, one-of-a-kind infusion set is crafted to offer diabetes patients a more comfortable and convenient experience.

What Are the Key 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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Who Are the Key Players Shaping the Infusion Pump Market's Competitive Landscape?
Major companies operating in the infusion pump market include Becton dic*kinson 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 Geographic Markets Are Powering Growth in the Infusion Pump Market?
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

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