Press release
Infusion Pump Market 2030 | Becton, Dickinson and Company; Baxter International Inc.; B. Braun Melsungen AG; ICU Medical, Inc.; Terumo Corporation; Nipro Corporation; Fresenius Kabi AG; Medtronic plc; JMS Co., Ltd.; and Mindray Medical International Limit
The global infusion pump market is projected to grow at a compound annual growth rate (CAGR) of approximately 8% over the forecast period. Key factors driving this growth include the rising prevalence of chronic diseases, increasing demand for ambulatory and home healthcare services, the expanding elderly population, the adoption of smart infusion pumps with wireless connectivity, and the integration of AI and Electronic Medical Records (EMR).
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Infusion pumps are medical devices designed to deliver fluids, such as medications, nutrients, or blood, into a patient's body in precise amounts over a set period. These pumps are commonly used in various healthcare settings, including hospitals, outpatient care, and home healthcare, to ensure the accurate and consistent administration of therapeutic substances. Infusion pumps are essential for managing chronic conditions, supporting post-operative care, and delivering life-saving medications with high precision. Common types of infusion pumps include volumetric pumps, syringe pumps, ambulatory pumps, insulin pumps, patient-controlled analgesia (PCA) pumps, enteral pumps, elastomeric pumps, and implantable pumps. Ultimately, infusion pumps enhance treatment outcomes by improving patient safety and ensuring precise drug delivery.
Competitive Landscape Analysis
The global infusion pump market comprises of several well-established and emerging players, including Becton, Dickinson and Company; Baxter International Inc.; B. Braun Melsungen AG; ICU Medical, Inc.; Terumo Corporation; Nipro Corporation; Fresenius Kabi AG; Medtronic plc; JMS Co., Ltd.; and Mindray Medical International Limited; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.
Rising Burden of Noncommunicable Diseases and Aging Population Drives Infusion Pump Demand
The increasing global prevalence of chronic conditions, such as diabetes, cancer, and cardiovascular diseases, combined with a rapidly aging population, is significantly boosting the demand for advanced drug delivery systems like infusion pumps. According to the World Health Organization (WHO), noncommunicable diseases now account for over 75% of global deaths. Additionally, the global population aged 60 and above is projected to reach 1.4 billion by 2030. This age group often requires continuous and precise medication, particularly intravenous (IV) therapies.
Infusion pumps provide controlled administration of fluids, enhancing the safety, accuracy, and efficiency of IV medication delivery. These devices help reduce errors, ensure precise dosing, and improve patient outcomes, especially for elderly patients and those managing multiple chronic conditions. As healthcare systems increasingly focus on long-term disease management and elderly care, infusion pumps are becoming essential tools, aligning with innovations aimed at automating and ensuring safe, effective medication administration.
Recent developments in the infusion pump market
Recent advancements in the infusion pump market highlight the focus on safety, precision, and connectivity in drug delivery. Leading players are introducing innovative systems designed to enhance medication accuracy, streamline workflows, and support diverse clinical settings. For example,
In April 2024, Baxter International Inc. received FDA clearance for its Novum IQ large-volume infusion pump (LVP) with Dose IQ safety software, designed for controlled fluid administration across different patient care settings
In August 2023, ICU Medical, Inc. received FDA clearance for its Plum Duo infusion pump with LifeShield infusion safety software, designed to improve the safety, accuracy, and efficiency of IV medication administration
In February 2023, Mindray launched its BeneFusion i/u series infusion systems. The new generation of smart pumps, feature high precision and adaptive customization to ensure medication safety across diverse clinical settings
In March 2022, Fresenius Kabi received FDA clearance for its wireless Agilia Connect Infusion System, which includes the Agilia volumetric and syringe pumps equipped with the Vigilant software suite and Vigilant Master Med technology. This system enables centralized distribution of drug libraries, warehousing of infusion data for reporting and analysis, and wireless maintenance and calibration of devices
Read the full market overview: https://meditechinsights.com/infusion-pump-market/
Global Infusion Pump Market Segmentation
This report by Medi-Tech Insights provides the size of the global infusion pump market at the regional- and country-level from 2023 to 2030. The report further segments the market based on product type, technology, application, and end-user.
Market Size & Forecast (2023-2030), By Product Type, USD Million
•
o Volumetric Pumps
o Syringe Pumps
o Elastomeric Pumps
o Insulin Pumps
o Implantable Pumps
o Others
Market Size & Forecast (2023-2030), By Technology, USD Million
•
o Traditional Infusion Pump
o Smart Infusion Pump
Market Size & Forecast (2023-2030), By Application, USD Million
•
o Diabetes
o Oncology
o Pain Management
o Gastroenterology
o Others
Market Size & Forecast (2023-2030), By End-user, USD Million
•
o Hospitals
o Ambulatory Care Settings
o Home Care Settings
o Others
Market Size & Forecast (2023-2030), By Region, USD Million
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Latin America
• Middle East & Africa
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About Medi-Tech Insights;
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.
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