The global market for Infusion pumps estimated at USD 13.94 Billion in 2022 is projected to reach a revised size of USD 20.28 Billion by 2030, growing at a CAGR of 4.8% over the period 2022-2030
An infusion pump is a medical device used to deliver fluids, medications, and nutrients directly into a patient's bloodstream. This device is commonly used in hospitals, clinics, and other healthcare facilities for controlled and precise dispensing of fluids and medications. Infusion pumps can be mechanical or electronic and can be programmed to deliver fluids and medications at specific rates and amounts. One of the main advantages of infusion pumps is their ability to administer fluids and medications consistently and accurately. This reduces the risk of medication errors and ensures that patients receive the correct dose. In addition, infusion pumps can be used to continuously administer drugs and fluids for long periods of time, making them important tools in the treatment of chronic diseases and intensive care.
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The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
Market Dynamics and Factors:
Increase in chronic diseases is a major factor in the growth of the infusion pump market. Infusion pumps are used to deliver medications, fluids, and other substances directly into a patient's bloodstream, making them an important tool in the treatment of many chronic conditions. Chronic diseases such as diabetes, cancer, and cardiovascular disease are becoming more common worldwide. As a result, the demand for infusion pumps is increasing. Apart from the increase in the prevalence of chronic diseases, the proliferation of portable infusion pumps, technological advancements in the design and functionality of infusion pumps, and the growing demand for home healthcare services are also accelerating the growth of the infusion pump market.
Scope of the Report:
Overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Infusion Pump Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Infusion Pump Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Top Key Players Covered In The Infusion Pump Market:
- Braun Melsungen AG (Germany),Becton, Dickinson, and Company (U.S.),IRadimed Corporation (U.S.),Baxter International Inc. (U.S.),ICU Medical, Inc. (U.S.),Tandem Diabetes Care, Inc. (U.S.),ICU Medical, Inc. (U.S.),Medtronic (Ireland),Smith Medical (U.S.),Terumo Corporation (Japan),F. Hoffmann-La Roche Ltd. (Switzerland),Fresenius SE & Co. KGaA (Germany),Mindray (India), and Other Major Players
Key Industry Development In The Infusion Pump Market
In July 2023, Fresenius Kabi, a German pharmaceutical and medical device company, acquired Iventech, Inc., a US-based developer of advanced ambulatory infusion pumps, for an undisclosed amount. This acquisition gives Fresenius Kabi access to Iventech's innovative pump technology and expands its reach in the home healthcare market.
In February 2023, Baxter International, a leading medical device company, acquired Medela AG, a Swiss manufacturer of breast pumps and other lactation products, for approximately $1.6 billion. This acquisition strengthens Baxter's position in the maternal-infant healthcare market and expands its infusion pump offerings for mothers requiring additional lactation support.
In December 2023, BD announced its intention to acquire C. R. Bard, Inc., a US-based medical device company with a strong presence in the infusion pump market, for $24 billion. This acquisition, if approved, would create a global leader in the medical device industry and significantly consolidate the infusion pump market landscape.
Infusion Pump Market Segmentation:
For this report, Introspective Market Research has segmented the Infusion Pump Market based on region:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Infusion Pump Market by Type
5.1 Infusion Pump Market Overview Snapshot and Growth Engine
5.2 Infusion Pump Market Overview
5.3 Volumetric Infusion Pumps
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2030F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Volumetric Infusion Pumps: Geographic Segmentation
5.4 Syringe Infusion Pumps
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2030F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Syringe Infusion Pumps: Geographic Segmentation
5.5 Patient Controlled Analgesia Infusion Pumps
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2030F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Patient Controlled Analgesia Infusion Pumps: Geographic Segmentation
Chapter 6: Infusion Pump Market by Application
To be continue………
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