Infusion Pumps Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Infusion Pumps Market Report Overview
The infusion pumps market size was valued at $2.64 billion in 2023. The infusion pumps market will grow at a CAGR of more than 2% from 2023 to 2033. The infusion pump is a commonly used medical device for patients with chronic conditions such as cancer and diabetes used at hospitals, homes, and healthcare centers. Infusion pumps successfully address the delivery-related problems that have serious implications on patient safety, with their ability to administer fluids, medication, and nutrients at very precise intervals, volume, and frequency.
Infusion Pumps Market Outlook 2023-2033 ($ Billion)
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The infusion pumps market research report explains the market behavior, which will help identify quantitative market trends within drug delivery device therapeutic areas. The report has extensively covered regional-wise quantitative data, highlighting the number of infusion pumps across labs, which will help in identifying untapped market opportunities. The infusion pump market model also discusses the detailed impact of COVID-19 on the infusion pump market for 2020 and beyond.
Market Size (2023) | $2.64 billion |
CAGR (2023-2033) | >2% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments |
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Key Regions |
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Key Companies |
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Infusion Pumps Market Dynamics
Factors such as technical advancements, an increasing population with health problems, and rising patients’ choice to opt for effective treatment methodologies are driving the growth of the market. The increasing prevalence of cancer, development in research and technology, and cost efficiency will also boost the growth of the market in the coming years. Furthermore, the infusion pump technology is currently being transformed by refined automated systems that come with in-built safety features and can potentially ally with other electronic systems, which will dramatically advance the overall prospects of this market and help it grow leaps and bounds in the forecast years.
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Infusion Pumps Market Segments
The key segment of the infusion pumps market is the large volume infusion pumps. The segment is further categorized into other large volume infusion pumps and smart large volume infusion pumps. In 2023, the other large volume infusion pumps sub-segment led the market. Large volume infusion pumps deliver large amounts of nutrition or medication. Electronic peristaltic pumps are frequently used in LVPs. The pump is operated manually or by a computer-controlled roller.
Infusion Pumps Market Analysis by Segments, 2023 (%)
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Infusion Pumps Market Segmentation by Regions
The key regions in the infusion pumps market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, APAC was the leading regional segment of the infusion pumps market. The Asia Pacific market for infusion pumps will grow at a lucrative rate in the coming years, owing to the rise in the incidence of chronic illnesses including cancer and diabetes worldwide. Furthermore, the increased significance of healthcare in developing countries, primarily India and China will also support the growth.
Infusion Pumps Market Analysis by Regions, 2023 (%)
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Infusion Pumps Market – Competitive Landscape
The key companies in the infusion pumps market are B. Braun Medical Inc., Baxter International Inc., Becton Dickinson & Co, Belmont Medical Technologies, Fresenius Kabi AG, ICU Medical Inc., and Abbott Laboratories among others. In 2023, Baxter International Inc. accounted for the highest infusion pump market share and value.
Infusion Pumps Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report.
Infusion Pumps Segment Outlook ($ Billion, 2015-2033)
- Large Volume Infusion Pumps
Infusion Pumps Regional Outlook ($ Billion, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are:
Currently marketed Infusion pumps market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Infusion pumps market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Infusion pumps market.
- Competitive dynamics insights and trends provided for the Infusion pumps market.
Understand consumer behavior in-depth through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: B. Braun Melsungen AG, Baxter International Inc, Becton Dickinson & Co, Belmont Medical Technologies, Fresenius SE & Co KGaA, ICU Medical Inc, Abbott Laboratories, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Extensive coverage of the infusion pump market under development.
- An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
- Reviews of major players involved in the development of the infusion pumps market and lists all their pipeline projects.
- Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
- Key clinical trial data of ongoing clinical trials specific to pipeline products.
- Recent developments in the segment/industry.
Reasons to Buy
- Understand the impact of COVID-19 on infusion pumps.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving infusion pumps.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the infusion pumps market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific infusion pumps market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Baxter International Inc
Becton, Dickinson & Co
Belmont Medical Technologies
Fresenius SE & Co KGaA
ICU Medical Inc
Abbott Laboratories
Frequently asked questions
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What was the infusion pump market size in 2023?
The infusion pumps market size was $2.64 billion in 2023.
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What will the CAGR of the infusion pumps market be during 2023-2033?
The infusion pumps will grow at a CAGR of more than 2% during 2023-2033.
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Which was the key segment in the infusion pumps market in 2023?
The key segment of the infusion pumps market was the large volume infusion pumps in 2023.
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Which region held the largest share of the infusion pump market in 2023?
APAC was the largest regional market for infusion pumps in 2023.
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Which are the leading players in the infusion pump market?
The key companies in the infusion pumps market are B. Braun Melsungen AG, Baxter International Inc, Becton Dickinson & Co, Belmont Medical Technologies, Fresenius SE & Co KGaA, ICU Medical Inc, and Abbott Laboratories among others.
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