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Emerging Trends to Reshape the Implantable Infusion Pumps Market: Rising Trend Of Smart Infusion Pumps With Wireless Technology Integration In The Implantable Infusion Pump Market as a Key Influencer
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Implantable Infusion Pumps Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the market for implantable infusion pumps has seen consistent growth in the past few years. The market, which was valued at $19.59 billion in 2024, is projected to expand to $20.32 billion in 2025, showing a compound annual growth rate (CAGR) of 3.7%. This growth during the historical period is mainly a result of factors such as chronic disease management, an aging populace, pain management, and regulatory approvals.
Implantable Infusion Pumps Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market for implantable infusion pumps is projected to see robust expansion. The market is calculated to swell up to $26.49 billion in 2029, with a compound annual growth rate (CAGR) of 6.9%. The significant growth predicted within this period can be linked to advances in personalized medicine, remote patient monitoring, drug development, and managing chronic diseases. The forecast period also foresees tendencies towards minimally invasive implantation methods, remote monitoring and programming, intrathecal pain management, and interdisciplinary collaboration.
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What Are the Drivers Transforming the Implantable Infusion Pumps Market?
The rising instances of individuals with chronic pain, cancer, and diabetes are anticipated to stimulate the requirement for implantable infusion pumps. These pumps are typically utilized to administer drugs during the treatment of these conditions. Around the globe, chronic diseases and disorders are increasing due to an older population and changes in societal behavior, leading to a slow rise in these ailments. In conditions like chronic arachnoiditis, where one of the membranes around the spinal cord experiences swelling, implantable infusion pumps give out smaller dosages of medicines, resulting in more effective pain management. In January 2022, a report from the American Cancer Society, a health organization based in the US, estimated that in the US, there would be 609,360 cancer deaths and 1.9 million fresh cancer cases predicted for 2022. Also, it is anticipated that there will be 10,470 child cancer cases in 2022. Moreover, 5,480 teenagers are expected to receive cancer diagnoses in 2022. Consequently, the escalation in chronic diseases occurrences is estimated to augment the implantable infusion pumps market's growth.
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What Trends Will Shape the Implantable Infusion Pumps Market Through 2029 and Beyond?
Firms operating in the implantable infusion pump market are progressively concentrating on the creation of intelligent infusion devices. There is a growing trend of utilizing wireless technology in health tracking gadgets, which improves user-friendliness, connectivity, and data interpretation. By incorporating wireless technology, data can be transferred from the device to a smartphone or other wireless devices via Bluetooth or cellular networks. This information can then be processed and results displayed, which can be further examined to assess the health status of the person. In order to monitor patients and minimize human error, software platforms are being designed.
Which Segments in the Implantable Infusion Pumps Market Offer the Most Profit Potential?
The implantable infusion pumps market covered in this report is segmented -
1) By Type: Patient-Controlled Analgesia (PCA) Pumps, Enteral Pumps, Insulin Pumps, Elastomeric Pumps, Syringe Pumps, Other Types
2) By Applications: Oncology, Pediatrics Or Neonatology, Gastroenterology, Hematology, Diabetes, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics
Subsegments:
1) By Patient-Controlled Analgesia (PCA) Pumps: Morphine PCA Pumps, Fentanyl PCA Pumps, Other Opioid PCA Pumps
2) By Enteral Pumps: Tube Feeding Pumps, Syringe-based Enteral Pumps, Continuous Or Intermittent Feeding Pumps
3) By Insulin Pumps: Insulin Delivery Pumps, Insulin Patch Pumps, Smart Insulin Pumps
4) By Elastomeric Pumps: Disposable Elastomeric Pumps, Reusable Elastomeric Pumps
5) By Syringe Pumps: Small Volume Syringe Pumps, Large Volume Syringe Pumps
6) By Other Types: Chemotherapy Infusion Pumps, Antibiotic Infusion Pumps, Pain Management Pumps
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Which Firms Dominate the Implantable Infusion Pumps Market by Market Share and Revenue in 2025?
Major companies operating in the implantable infusion pumps market include Medtronic plc, Boston Scientific Corporation, Nevro Corp, LivaNova PLC, Baxter International Inc., B. Braun Melsungen AG, Fresenius Kabi AG, Smiths Medical a Smiths Group company, Terumo Corporation, Johnson & Johnson, Greatbatch Medical, NeuroPace Inc., Primetech Corporation, Flowonix Medical Inc., F. Hoffmann-La Roche Ltd, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Micrel Medical, Insulet Corporation, ICU Medical Inc., Becton Dickinson and Company (BD), Roche Diagnostics International AG, Abbott Laboratories, Hospira, Stryker Corporation, Zimmer Biomet Holdings Inc., Teleflex Incorporated, C. R. Bard Inc., AngioDynamics Inc., Merit Medical Systems Inc., NIPRO Medical Corporation, IRadimed Corporation, Zyno Medical, Tricumed Medizintechnik GmbH, Q Core Medical Ltd., Ivenix Inc., Tandem Diabetes Care Inc.
Which Regions Offer the Highest Growth Potential in the Implantable Infusion Pumps Market?
North America was the largest region in the implantable infusion pumps market in 2024. Asia-Pacific was the second-largest region in the implantable infusion pumps market. The regions covered in the implantable infusion pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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