The Infusion Pump Market to grow by USD 5,085.17 million from 2022 to 2027|High demand for advanced infusion pumps is a major trend - Technavio

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- The infusion pump market is estimated to grow by USD 5,085.17 million at a CAGR of 7.27% from 2022 to 2027. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Infusion pump market – Vendor Analysis
Vendor Landscape - The infusion pump market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer infusion pumps in the market are ADOX SA, Arcomed AG, B.Braun SE, Baxter International Inc., Becton Dickinson and Co., Beijing KellyMed Co. Ltd., CODAN ARGUS AG, Digicare Biomedical Technology Inc., Eitan Medical Ltd., Flowonix Medical Inc., Fresenius SE and Co. KGaA, ICU Medical Inc., IRadimed Corp., Medtronic Plc, Mindray Biomedical Electronics Co. Ltd., Nipro Corp., Silverline Meditech Pvt. Ltd., Terumo Corp., vTitan Corp. Pvt Ltd., and Zyno Medical and others.

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Vendor Offerings -

• ADOX SA - The company offers infusion pumps such as ADOX 6000, which is a portable infusion pump that is used for the delivery of fluids and medications.
• Arcomed AG - The company offers infusion pumps such as Arcomed Variopump, which is a high-performance infusion pump that is used in hospitals and other healthcare settings.
• B. Braun SE - The company offers infusion pumps such as B. Braun Infusomat Space, which is a versatile infusion pump that can be used for a wide range of applications.
• For details on the vendor and its offerings – Request a sample report

Infusion Pump Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on Type (Insulin pumps, Volumetric pumps, Elastomeric pumps, Enteral pumps, and Others), End-user (Hospitals, Ambulatory service centers, and Clinics), and Geography (North America, Europe, Asia, and Rest of World (ROW)). 

• The market share growth by the insulin pumps segment will be significant during the forecast period. Compared to traditional insulin injections, insulin pumps offer higher insulin delivery accuracy. Provides continuous administration of basal insulin and allows for meal-based adjustments and modifications as needed. This precise insulin delivery helps regulate blood sugar levels and reduces the risk of diabetes-related complications. It also provides a level of accuracy that is useful when insulin requirements fluctuate.  Hence, these factors are expected to drive segment growth during the forecast period.

Geography Overview
By geography, the global infusion pump market is segmented into North America, Europe, Asia, and the Rest of the World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global infusion pump market.

• North America is estimated to contribute 43% to the growth of the global market during the forecast period. This growth in the region is due to its technologically advanced medical infrastructure, including hospitals and medical facilities that rely on infusion pumps to accurately administer medications and fluids. In addition, the region's population is aging significantly, requiring health care and treatment for age-related conditions and diseases such as diabetes, cardiovascular disease, and cancer.   Hence, these factors are expected to drive market growth in the region during the forecast period.

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Infusion Pump Market – Market Dynamics

Key drivers

The growing demand for long-term management and medical treatment of diseases is a key factor driving market growth. The regular implementation of accurate and controlled measurements and the growing need for intravenous treatment have increased the demand for insulin pumps. The importance of insulin pumps in the management of age-related diseases and increasing awareness of medication therapies and fluid management for the aging population of the world are further driving the growth of the market. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

The high demand for advanced infusion pumps is a major trend in the market. The latest generation infusion pumps incorporate advanced features and technologies such as barcode scanning systems and sensors to improve patient safety, medication accuracy, and user comfort. Additionally, some pumps can be integrated with electronic medical records (EMR) or barcode scanning systems to further secure drug delivery and minimize the risk of error. Hence, the rising adoption of advanced infusion pumps is expected to drive market growth during the forecast period.

Significant Challenges

The stringent regulatory requirement on medical devices is a significant challenge restricting the market growth. In the United States, the Food and Drug Administration (FDA) oversees the regulation of infusion pumps under the Federal Food, Drug, and Cosmetic Act (FD Act and C Act) and Title 21 of the Code of Federal Regulations (CFR). Manufacturers must comply with these regulations to meet safety and performance standards. Compliance with these standards ensures the safety and efficacy of infusion pumps used in healthcare settings. Failure to comply with regulatory requirements can have a variety of consequences, including penalties, Product Recalls, and Loss of Market Approval.  Hence, these factors are expected to restrict market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Infusion Pump Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the infusion pump market between 2023 and 2027
• Precise estimation of the size of the infusion pump market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the infusion pump market across North America, Europe, Asia, and the Rest of the World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of infusion pump market vendors.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global infusion pump market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global infusion pump market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Insulin pumps - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Insulin pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Insulin pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Insulin pumps - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Insulin pumps - Year-over-year growth 2022-2027 (%)

• 6.4 Volumetric pumps - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Volumetric pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Volumetric pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Volumetric pumps - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Volumetric pumps - Year-over-year growth 2022-2027 (%)

• 6.5 Elastomeric pumps - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Elastomeric pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Elastomeric pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Elastomeric pumps - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Elastomeric pumps - Year-over-year growth 2022-2027 (%)

• 6.6 Enteral pumps - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Enteral pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Enteral pumps - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Enteral pumps - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Enteral pumps - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Type 
• Exhibit 54: Market opportunity by Type ($ million)
• Exhibit 55: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Hospitals - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

• 7.4 Ambulatory service centers - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Ambulatory service centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Ambulatory service centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Ambulatory service centers - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Ambulatory service centers - Year-over-year growth 2022-2027 (%)

• 7.5 Clinics - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Clinics - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Clinics - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 72: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by End-user 
• Exhibit 76: Market opportunity by End-user ($ million)
• Exhibit 77: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 79: Chart on Market share by geography 2022-2027 (%)
• Exhibit 80: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 81: Chart on Geographic comparison
• Exhibit 82: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027 
• Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027 
• Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 ADOX SA
• Exhibit 127: ADOX SA - Overview
• Exhibit 128: ADOX SA - Product / Service
• Exhibit 129: ADOX SA - Key offerings

• 12.4 Arcomed AG
• Exhibit 130: Arcomed AG - Overview
• Exhibit 131: Arcomed AG - Product / Service
• Exhibit 132: Arcomed AG - Key offerings

• 12.5 B.Braun SE
• Exhibit 133: B.Braun SE - Overview
• Exhibit 134: B.Braun SE - Business segments
• Exhibit 135: B.Braun SE - Key news
• Exhibit 136: B.Braun SE - Key offerings
• Exhibit 137: B.Braun SE - Segment focus

• 12.6 Baxter International Inc. 
• Exhibit 138: Baxter International Inc. - Overview
• Exhibit 139: Baxter International Inc. - Business segments
• Exhibit 140: Baxter International Inc. - Key news
• Exhibit 141: Baxter International Inc. - Key offerings
• Exhibit 142: Baxter International Inc. - Segment focus

• 12.7 Becton Dickinson and Co. 
• Exhibit 143: Becton Dickinson and Co. - Overview
• Exhibit 144: Becton Dickinson and Co. - Business segments
• Exhibit 145: Becton Dickinson and Co. - Key news
• Exhibit 146: Becton Dickinson and Co. - Key offerings
• Exhibit 147: Becton Dickinson and Co. - Segment focus

• 12.8 Beijing KellyMed Co. Ltd. 
• Exhibit 148: Beijing KellyMed Co. Ltd. - Overview
• Exhibit 149: Beijing KellyMed Co. Ltd. - Product / Service
• Exhibit 150: Beijing KellyMed Co. Ltd. - Key offerings

• 12.9 CODAN ARGUS AG
• Exhibit 151: CODAN ARGUS AG - Overview
• Exhibit 152: CODAN ARGUS AG - Product / Service
• Exhibit 153: CODAN ARGUS AG - Key offerings

• 12.10 Digicare Biomedical Technology Inc. 
• Exhibit 154: Digicare Biomedical Technology Inc. - Overview
• Exhibit 155: Digicare Biomedical Technology Inc. - Product / Service
• Exhibit 156: Digicare Biomedical Technology Inc. - Key offerings

• 12.11 Eitan Medical Ltd.
• Exhibit 157: Eitan Medical Ltd. - Overview
• Exhibit 158: Eitan Medical Ltd. - Product / Service
• Exhibit 159: Eitan Medical Ltd. - Key offerings

• 12.12 Flowonix Medical Inc. 
• Exhibit 160: Flowonix Medical Inc. - Overview
• Exhibit 161: Flowonix Medical Inc. - Product / Service
• Exhibit 162: Flowonix Medical Inc. - Key offerings

• 12.13 Fresenius SE and Co. KGaA 
• Exhibit 163: Fresenius SE and Co. KGaA - Overview
• Exhibit 164: Fresenius SE and Co. KGaA - Business segments
• Exhibit 165: Fresenius SE and Co. KGaA - Key news
• Exhibit 166: Fresenius SE and Co. KGaA - Key offerings
• Exhibit 167: Fresenius SE and Co. KGaA - Segment focus

• 12.14 ICU Medical Inc.
• Exhibit 168: ICU Medical Inc. - Overview
• Exhibit 169: ICU Medical Inc. - Product / Service
• Exhibit 170: ICU Medical Inc. - Key offerings

• 12.15 IRadimed Corp.
• Exhibit 171: IRadimed Corp. - Overview
• Exhibit 172: IRadimed Corp. - Product / Service
• Exhibit 173: IRadimed Corp. - Key offerings

• 12.16 Medtronic Plc
• Exhibit 174: Medtronic Plc - Overview
• Exhibit 175: Medtronic Plc - Business segments
• Exhibit 176: Medtronic Plc - Key news
• Exhibit 177: Medtronic Plc - Key offerings
• Exhibit 178: Medtronic Plc - Segment focus

• 12.17 Nipro Corp.
• Exhibit 179: Nipro Corp. - Overview
• Exhibit 180: Nipro Corp. - Business segments
• Exhibit 181: Nipro Corp. - Key offerings
• Exhibit 182: Nipro Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations
• Exhibit 189: List of abbreviations

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