Infusion Pump Market 2021 Industry Overview, Competition by Manufacturers, Production Capacity by Region, Forecast by 2026

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Shibuya Data Count

Jan 04, 2022, 02:34 EST

Shibuya-ku, Tokyo, Japan, Japan, Jan 04, 2022, 02:34 /Comserve / -- The infusion pump market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights.

Infusion Pump is a device capable of infusing fluids, such as nutrients and medication into the body in small, large or controlled amounts. The fluids such as insulin, antibiotics, chemotherapy drugs and pain relievers are some of the fluids which through infusion pump are transferred in to the body. Infusion pumps are generally used for intravenous and also for subcutaneous, arterial and epidural infusions occasionally.

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Research Methodology:

The infusion pump market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study.

The driving factors in this market are increase in the chronic diseases, rise in the geriatric population, and rapid growth in the usage of ambulatory infusion pumps for the homecare purpose and increased surgical procedures. The developing countries such as India and China are adopting the specialized infusion pumps which give the opportunities for the vendors in the infusion pump market. The Infusion Pump Market is expected to reach USD 20.6 billion by 2026 from an estimated value of USD 14.04 billion in 2020, growing at a CAGR of ~6.30% during the forecast period.

The segmentation of the Infusion Pump Market is given in detail below:

By Product

 Accessories & Consumables
• Dedicated Accessories & Consumables
o Volumetric infusion pumps
o Insulin pumps
o Enteral infusion pumps
o Syringe infusion pumps
o Ambulatory infusion pumps
o PCA pumps
o Implantable infusion pumps
• Non-dedicated Accessories & Consumables
o Infusion catheters
o IV/administration sets
o Needleless connectors
o Cannulas
o Tubing & extension sets
o Valves
o Other non-dedicated accessories & consumables
 Devices

By Application
 Chemotherapy/Oncology
 Diabetes
 Gastroenterology
 Analgesia/Pain management
 Pediatrics/Neonatology
 Hematology
 Other Applications

By End User
 Hospitals
 Home care settings
 Ambulatory care settings
 Academic and Research Institutes

By Region
 North America
 Europe
 RoW

In the application segment, the diabetes segment registered highest growth rate as compared to other segment due rise in the demand of the insulin pumps, which drives in the growth of the infusion pump market. Chemotherapy/oncology application segment accounted largest share in the market due to the increasing need of infusion of the drugs in the process of the treatment.

In the segmentation of product, the market is divided into accessories and consumables and devices. The growth of the market is expected from the accessories and consumables segment due to the regular use of the accessories and consumables and increasing usage of the infusion pumps for infuse of the fluids into the body. The Accessories and consumables are further divided into two types such as accessories and consumables and non-dedicated accessories and consumables. The increase in the diabetes provides increasing demand for the insulin pumps and portable pumps for homecare settings which support the market growth.

Moreover, the end users of this market are divided into hospitals, homecare settings, ambulatory care settings, academic, and research institutes. The hospital segment has the major share in this market due to specialized infusion pumps adopted by the hospitals and presence of the trained professionals for operating them.

The Infusion Pump market is segmented into four regions - North America, Europe, APAC and Row. The North America is playing the major role in this market by acquiring a major share in the market globally. Because, in North America most of the advanced hospitals are more capable of adopting the specialized infusion pumps to treat the increasing chronic diseases such as diabetes, cancer and others. The presences of many specialized hospitals which use the special infusion pumps increase the growth of the market in this region.

Globally, the major factors driving the Infusion Pump market are; increase in the chronic diseases which lead to the enormous utilization of the infusion pumps. The ambulatory infusion pumps have the major role in increasing this market due to the rising demand for them for homecare setting. However, the product recalls and the strict regulation requirements of the new product are restricting the market growth. Lack of skilled people to use specialized infusion pumps may create errors in medication process which hinders the demand for these pumps.

The major vendors analyzed in infusion pump market report are B. Braun Melsungen AG, Medtronic plc, Becton, Baxter International Inc., Dickinson and Company, NIPRO Corporation, Terumo Corporation, Avanos Medical, Inc., Moog Inc., Tandem Diabetes Care, Inc., JMS Co., Ltd., Insulet Corporation, Roche Diagnostics, Zyno Medical, Teleflex, Inc., Micrel Medical Devices SA, Mindray Medical International Limited, and Ypsomed Holding AG.

This report analysis helps the vendors in the market to know the current trends, dynamics and opportunities of the market and needs of the end-users. The qualitative and quantitative analysis enhances the user experience of the report.

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● The competitive analysis of the major players enables users to understand the dynamic strategies such as technology innovation, partnerships, merger & acquisitions and joint ventures of the key players
● This report also provides the SWOT analysis, portfolio analysis, capability analysis of the leading players
● Quantitative analysis of the market enables users to understand the actual facts of the market across four major regions

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Lauren Brown

Shibuya Data Count
Tel: + 81 50 50509159

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