Infusion Pump Market by Product (Devices: Insulin, Volumetric, Syringe, Enteral, Ambulatory, Implantable Pumps; Accessories), Type, Therapy (Chemo/Oncology, Diabetes, Hematology, Pediatrics), Setting (Hospitals, Home care) - Global Forecast to 2029

Infusion Pump Market by Product (Devices: Insulin, Volumetric, Syringe, Enteral, Ambulatory, Implantable Pumps; Accessories), Type, Therapy (Chemo/Oncology, Diabetes, Hematology, Pediatrics), Setting (Hospitals, Home care) - Global Forecast to 2029

“The global infusion pump market size is projected to reach USD 26.2 billion by 2029 from USD 17.1 billion in 2023, at a CAGR of 7.3% during the forecast period”.

The growing chronic disease burden, increasing number of surgeries performed, and growing adoption of specialty infusion systems provide a wide range of growth opportunities for key players in the market. However, the increasing adoption of refurbished and rental infusion pumps, stringent regulations, and product recalls restrain and pose a challenge to market growth.

“The hospitals segment captured the largest share in infusion pump market, by setting, in 2022.”

Based on setting, the infusion pump market is segmented into hospitals, home care settings, ambulatory care settings, and academic & research institutes. The hospitals segment accounted for the largest market share in 2022.

The ambulatory care setting segment is expected to be the fastest growing segment during the forecast period. Due to the increasing number of ASCs and the growing volume of surgical procedures performed, the installation and use of infusion pumps in ASCs have increased. This is a key driver for the infusion pumps market for ASCs.

“The diabetes management segment to witness highest growth rate in infusion pump market, by application during the forecast period.”

Based on the setting, the infusion pump market is segmented into diabetes management, analgesia/pain management, hematology, chemotherapy/oncology, gastroenterology, pediatrics/neonatology, and other applications. The diabetes management segment is expected to be the fastest growing segment from 2023-2029. This is due to the rising demand for insulin pumps in homecare settings and increasing incidence of diabetes and the are the major factors contributing to the growth of this segment.

“The Asia Pacific market to grow at the highest CAGR during the forecast period.”

The infusion pump market is segmented into five major regions, Asia Pacific, North America, Europe, Middle East & Africa, and Latin America,. Growth in the Asia Pacific market is driven by factors such as the increasing healthcare expenditure increasing prevalence of diabetes, rising geriatric population, and the presence of a large patient population.

Breakdown of supply-side primary interviews:

• By Company Type: Tier 1: 21%, Tier 2: 35%, and Tier 3: 44%

• By Designation: C-level: 24%, D-level: 30%, and Others: 46%

• By Region: North America: 40%, Europe: 31%, APAC: 32%, Latin America: 5%, and the Middle East & Africa: 2%

The major players operating in the infusion pump market are Baxter International, Inc. (US), Becton, Dickinson and Company (US), and B. Braun Melsungen AG (Germany).

Research Coverage

This report studies the infusion pump market based on the region, application, setting, and product. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).

Key Benefits of Buying the Report

The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one, or a combination of the below-mentioned five strategies.

This report provides insights into the following pointers:

Market Driver: The growth of the market attributes to increase of prevalence of chronic diseases and grietric population globally and increasing number of surgical procedures, especially in developed countries.

Market Penetration: Comprehensive information on the product portfolios of the top players in the infusion pump market. The report analyzes the market based on the setting, region, product and application.

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the infusion pump market.

Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for infusion pump across regions.

Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the infusion pump market.

Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the infusion pump market. Show more