Infusion Pump Market By Product (Accessories/Consumables and Devices), By Application, and By End Users - Analysis & Forecast 2019-2030

Report ID : 79  |  Published Date : Apr 2020  |  Pages : 150  |  Region : Global  |  Report Code : MD-42

Infusion Pump Market Overview and Introduction

The Global Infusion Pump Market was estimated to be over US$ 11.5 Bn in 2018. It is anticipated to grow at a CAGR of 5.5% from 2019 to 2030.

The device is used for several applications. In implantation therapy, they are used to improve drug delivery, flexibility toxicity in drug and ineffectiveness of drug. It is a health device that delivers liquids, such as nutrients and medications, into a patient’s body in measured volumes.

The global market is driven by increasing awareness among patients to lessen the risk associated with the use of infusion pumps compared to conventional roller clamp and drip clamp systems. Moreover, increasing use of portable infusion pumps which are comparatively small, lightweight, with an easy user interface and technological advancements have been pivotal in contributing to the extensive growth of the global market. However, pumps are highly expensive which may restrain the market to a certain extent.


Infusion Pump Market By Product 

On the basis of product, the market is segmented into Accessories/Consumables and Devices. The Accessories/Consumables segment is estimated to account for the largest share in the global market. The large share of this product segment can be attributed to the increasing use of accessories/consumables during infusion therapy and increasing prevalence of chronic diseases such as cancer, diabetes.

The Accessories/Consumables is further segmented into dedicated accessories/consumables and non-dedicated accessories/consumables. The dedicated accessories/consumables is segmented into enteral infusion pump accessories/consumables, volumetric infusion pump accessories/consumables, implantable infusion pump accessories/consumables, syringe infusion pump accessories/consumables, pca pump accessories/consumables, insulin infusion pump accessories/consumables and implantable infusion pump accessories/consumables.

The non-dedicated accessories/consumables is segmented into IV/administration sets, infusion catheters, cannulas, tubing and extension sets, needleless connectors and valves. The dedicated accessories/consumables segment is estimated to account for the largest share in the global market. The large share of this product segment can be attributed to increasing demand for dedicated accessories/consumables in chronic disease to lessen the risk of non-compatibility of accessories with infusion devices.

On the basis of devices, the market can be further segmented into syringe infusion pumps, volumetric infusion pumps, ambulatory infusion pumps, enteral infusion pumps, insulin infusion pumps, implantable infusion pumps and pca infusion pumps. The ambulatory infusion pumps is further segmented into chemotherapy infusion pumps and disposable infusion pumps. In terms of market share, the segment of insulin infusion pumps is estimated to account for the largest market share, owing to increasing prevalence of diabetes, coupled with the growing demand for insulin at home and is anticipated to drive the growth of this market segment.

Infusion Pump Market, By Application

Similarly, in terms of application, the market can be segmented into diabetes, gastroenterology, chemotherapy/oncology, pediatrics/neonatology, analgesia/pain management and hematology. The segment of chemotherapy/oncology is estimated to account for the largest market share, owing to, increasing availability of ambulatory infusion pumps for chemotherapy, growing incidence of cancer and the technologically advancement in this market segment.

Infusion Pump Market, By End User

Based on the end user, the market is segmented into home care settings, hospitals, academic & research institutes and ambulatory care settings. The hospitals segment is estimated to account for the largest share of the global market. The large share of this segment can be attributed to large patient pool, strong financial capabilities of hospitals for purchasing high-priced infusion devices and the availability of trained professionals to operate infusion pumps.

Infusion Pump Market, By Region

The global market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market , followed by Europe and Asia Pacific. North America will continue to dominate the global market in the forecast period owing to factors such as, growing incidence of chronic diseases, rising geriatric population, rising healthcare spending and increased accessibility to advanced healthcare facilities.  However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, Japan and India. Factors such as growing demand for advanced technologies, rapidly improving health insurance sector, and expansion of private-sector hospitals to rural areas are driving the demand for infusion devices in the Asia pacific region.

Infusion Pump Market - Prominent Players

The prominent players operating in the market are Baxter International, BD, B. Braun Melsungen AG, ICU Medical, Inc., Fresenius Kabi AG, Medtronic, Terumo Corporation, Halyard Health, Mindray Medical International Limited and Insulet Corporation, among others.

Table of Contents

    1. Market Definition
    2. Market Ecosystem
      1.  Market Classification
      2.  Geographic Scope
      3.  Years Considered for the Study: Historical Years – 2016 & 2017;Base Year – 2018;Forecasted Years – 2019 to 2030
    3. Currency Used
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2.  Primary Sources
    4. Market Estimation Methodology
      1.  Bottoms Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations/Assumptions of the Study
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
    1. Application Horizon Assessment
    2. Technological Advancements
    3. Pricing Assessment
    1. Infusion Pump Accessories/Consumables
      1. Dedicated Accessories/Consumables
        1. Enteral Infusion Pump Accessories/Consumables
        2. Volumetric Infusion Pump Accessories/Consumables
        3. Implantable Infusion Pump Accessories/Consumables
        4. Syringe Infusion Pump Accessories/Consumables
        5. PCA Pump Accessories/Consumables
        6. Insulin Infusion Pump Accessories/Consumables
        7. Implantable Infusion Pump Accessories/Consumables
      2. Non-Dedicated Accessories/Consumables
        1. IV/Administration Sets
        2. Infusion Catheters
        3. Cannulas
        4. Tubing and Extension Sets
        5. Needleless Connectors
        6. Valves
        7. Other Non-Dedicated Accessories/Consumables
    2. Devices
      1. Syringe Infusion Pumps
      2. Volumetric Infusion Pumps
      3. Ambulatory Infusion Pumps
        1. Chemotherapy Infusion Pumps
        2. Disposable Infusion Pumps
      4. Enteral Infusion Pumps
      5. Insulin Infusion Pumps
      6. Implantable Infusion Pumps
      7. PCA Infusion Pumps
    1. Diabetes
    2. Gastroenterology
    3. Chemotherapy/Oncology
    4. Pediatrics/Neonatology
    5. Analgesia/Pain Management
    6. Hematology
    7. Other Applications
    1. Home Care Settings
    2. Hospitals
    3. Academic & Research Institutes
    4. Ambulatory Care Settings
    1.   North America Market
      1.  North America Market, By Country
        1.  US
        2.  Canada
      2. North America Market Analysis & Forecast, By Product
      3. North America Market Analysis & Forecast, By Application
      4. North America Market Analysis & Forecast, By End User
    2. Europe Market
      1. Europe Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Market Analysis & Forecast, By Product
      3. Europe Market Analysis & Forecast, By Application
      4. Europe Market Analysis & Forecast, By End User
    3. Asia Pacific Market
      1. Asia Pacific Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Market Analysis & Forecast, By Product
      3. Asia Pacific Market Analysis & Forecast, By Application
      4. Asia Pacific Market Analysis & Forecast, By End User
    4.   Rest of the World (ROW) Market
      1. Rest of the World Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Market Analysis & Forecast, By Product
      3. Rest of the World Market Analysis & Forecast, By Application
      4. Rest of the World Market Analysis & Forecast, By End User
    1. Key Players & Their Competitive Positioning (2018)
    2. Key Strategies Assessment
      1. New Product Launches
      2. Merger & Acquisitions
      3. Agreements, Collaborations, & Partnerships
      4. Expansions
      5. Other Strategies
  11. COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
    1.    Baxter
    2.    BD
    3.    B. Braun Melsungen AG
    4.    ICU Medical, Inc.
    5.    Fresenius Kabi AG
    6.    Medtronic  
    7.    Terumo Corporation 
    8.    Halyard Health
    9.    Mindray Medical International Limited
    10.    Insulet Corporation

*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain