Global Infusion Pump Device Market – Global Industry Analysis and Forecast (2017 TO 2024)
Global Infusion Pump Device Market was valued at US$ 15.25 bn in 2017 and is estimated to grow at a CAGR of 7.5% from 2017 to 2024.
Infusion Pump Device Market is segmented by product, application, end user, and region. Infusion pump market has the predominate usage in hospitals, home care setting, ambulatory care setting, academic and research institutes.
Infusion pumps are external devices used in health care to administer the medication, nutrients, and fluids to the patient’s body in precise amounts and in a controlled manner by intravenous, subcutaneous and arterial routes. The infusion pumps are of two types, one for fixed use and the other for portable use.
Some of the Infusion Pump Device Market drivers include the increasing technological advancements, a rise in geriatric population, favorable reimbursement scenario, and availability of clinical evidence for the safety and efficacy procedures. Nowadays, patients are aware of better healthcare options and are ready to invest in rising healthcare expenditures, changing demographics as well as lifestyles leading to an increased prevalence of peripheral vascular diseases. In general, infusion pumps are preferred for analgesics, chemotherapeutic drugs, fluids, and insulin, because patients who use these medications need an accurate and conditional dose.
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Geographically, Infusion Pump Device Market is classified into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). Overall, North America is the largest market for the infusion pump and is expected to hold the largest market share because of the advanced technologies that are steadily increasing in these countries. The Asia-Pacific region offers many opportunities and is expected to be the fastest growing segment with a CAGR of around 7.5% over the 2016-2022 period. Many minuscule players are looking forward to investment in the Asia Pacific market due to a sizable patient pool and incremental utilization of infusion pump further boosting the overall Infusion Pump Device Market.
The key players in the Infusion Pump Device Market include Animas/Johnson & Johnson, Baxter, B. Braun, CareFusion, Covidien, Fresenius Kabi, Hospira, I-Flow, Insulet, IRadimed, Medtronic, Moog, Roche, Smiths Group, Tandem.
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Scope of Infusion Pump Device Market:
Global Infusion Pump Device Market, By Product:
• Devices
o Volumetric Infusion Pumps
o Syringe Infusion Pumps
o Insulin Infusion Pumps
o Ambulatory Infusion Pumps
Disposable Infusion Pumps
Chemotherapy Infusion Pumps
o Enteral Infusion Pumps
o Patient-controlled Analgesia (PCA) Infusion Pumps
o Implantable Infusion Pumps
• Accessories/Consumables
o Dedicated Accessories/Consumables
Volumetric Infusion Pump Accessories/Consumables
Enteral Infusion Pump Accessories/Consumables
Insulin Infusion Pump Accessories/Consumables
Syringe Infusion Pump Accessories/Consumables
Ambulatory Infusion Pump Accessories/Consumables
PCA Infusion Pump Accessories/Consumables
Implantable Infusion Pump Accessories/Consumables
o Non-dedicated Accessories/Consumables
Infusion Catheters
IV/Administration Sets
Needleless Connectors
Cannulas
Tubing and Extension Sets
Valves
Other Non-dedicated Accessories/Consumables
Global Infusion Pump Device Market, By Application:
• Chemotherapy/Oncology
• Diabetes
• Gastroenterology
• Analgesia/Pain Management
• Paediatrics/Neonatology
• Haematology
• Other Applications
Global Infusion Pump Device Market, By End User:
• Hospitals
• Home Care Settings
• Ambulatory Care Settings
• Academic and Research Institutes
Global Infusion Pump Device Market, By Region:
North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific
• Japan
• China
• India
• South Korea
• Australia
• Rest of Asia Pacific
Rest of the World (ROW):
• Middle-East
• Africa
• Latin America
Key Players Operating in Market Global Infusion Pump Device Market, Company Profiles:
• Johnson & Johnson
• Baxter
• B. Braun
• CareFusion
• Covidien
• Fresenius Kabi
• Hospira
• I-Flow
MAJOR TOC OF THE REPORT
Chapter One: Infusion Pump Device Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Infusion Pump Device Market Competition, by Players
Chapter Four: Global Infusion Pump Device Market Size by Regions
Chapter Five: North America Infusion Pump Device Revenue by Countries
Chapter Six: Europe Infusion Pump Device Revenue by Countries
Chapter Seven: Asia-Pacific Infusion Pump Device Revenue by Countries
Chapter Eight: South America Infusion Pump Device Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Infusion Pump Device by Countries
Chapter Ten: Global Infusion Pump Device Market Segment by Type
Chapter Eleven: Global Infusion Pump Device Market Segment by Application
Chapter Twelve: Global Infusion Pump Device Market Size Forecast (2019-2026)
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