Intravenous Infusion Pumps Market was worth US$ 4.96 Bn. in 2023 and total revenue is expected to grow at a rate of 7.9 % CAGR from 2023 to 2029, reaching almost US$ 9.11 Bn. in 2029.
Intravenous Infusion Pumps Market Overview
MMR recently published a Intravenous Infusion Pumps Market report. The report offers a comprehensive analysis of the Intravenous Infusion Pumps Market, including industry revenue, Market leaders, and followers across different regions and countries worldwide. It provides valuable forecasts in terms of value.
Intravenous Infusion Pumps Market Report Scope and Research Methodology
The report includes a detailed competitive analysis of Market drivers, restraints, opportunities, and growth prospects for the Intravenous Infusion Pumps Market. It presents an industry profile, Market strategies, status, and core competitors, along with factors that may impact the industry positively or negatively, offering clear insights to decision-makers such as investors and stakeholders. The report analyses key players in the Intravenous Infusion Pumps Market, including their size, Market share, revenue, growth, production volume, and profitability. It also offers regional coverage of key industries, measuring their dominance with key manufacturers.
Intravenous Infusion Pumps Market Regional Insights
In 2022, Asia-Pacific dominated the Market, holding the highest Market share in terms of revenue generation. This trend is expected to persist throughout the forecast period, with continual growth anticipated. The growth in the Intravenous Infusion Pumps Market is attributed to favourable government policies, increased investments, and significant expansion opportunities in China, Japan, and India. These factors are expected to drive the continued growth of the Intravenous Infusion Pumps Market in the region.
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Intravenous Infusion Pumps Market Segmentation
1.Market Size (Value) Estimates & Forecast By Product, 2023-2029
1. Volumetric Infusion pumps
2. Insulin Infusion pumps
3. Syringe Infusion pumps
4. Enteral Infusion pumps
5. Ambulatory Infusion pumps
Volumetric infusion pumps, insulin infusion pumps, syringe infusion pumps, enteral infusion pumps, and ambulatory infusion pumps are the different market segments. 8.5% yearly growth is anticipated for insulin infusion pumps. The International Diabetes Federation (IDF) estimates that approximately 463 million people worldwide have diabetes as of 2023, and that figure is projected to increase to 700 million by 2045. People who self-administer insulin on a daily basis can benefit from insulin infusion pumps, especially as diabetes prevalence rises. A small electronic device called an insulin pump continually administers short-acting insulin through a tiny tube, doing away with the need for long-acting insulin.
2.Market Size (Value) Estimates & Forecast By Diseases, 2023-2029
1. Chemotherapy
2. Diabetes
3. Gastroenterology
4. Pediatrics/Neonatology
Chemotherapy, Diabetes, gastroenterology, and pediatrics/neonatology are the main segments. Pediatrics/neonatology was predicted to be the largest segment in 2023 with a 27.0% growth rate, followed by gastroenterology. In 2017, 85.29 million cases of digestive illnesses were diagnosed, and the National Center for Biotechnology Information expects that number to gradually climb in the years to come. The most frequent GI-related cause of death is colorectal cancer, which is followed by pancreatic cancer and hepatobiliary neoplasms. The condition is more prevalent in women, and risk factors include poor dietary decisions, a high intake of spicy and/or fermented foods, smoking, drinking alcohol, and living in unhygienic environments.
3.Market Size (Value) Estimates & Forecast By End use, 2023-2029
1. Hospitals
2. Ambulatory surgical centers
3. Homecare settings
4. Diagnostics centers
5. Others.
Hospitals, ambulatory surgery centers, home healthcare settings, diagnostics facilities, and other businesses make up the market. For the management of various illnesses like diabetes and cancer, there has been a rise in the demand for intravenous infusion pumps in homecare settings. Infusion pumps for inventory are distinct in that they are designed to be worn and portable.
Intravenous Infusion Pumps Market Key Players:
• Baxter International
• B. Braun Melsungen AG
• Medtronic
• Micrel Medical Devices SA
• Boston Scientific Corporation
• CareFusion Corporation
• Fresenius Kabi
• Smiths Medical
• ICU Medical (Hospira Inc.)
• iRadimed Corporation
• Zyno Medical
• Medtronic Plc
• Terumo Corporation
• Nipro Corporation
• Summit Medical Products, Inc
• Ambu A/S
• Gamastech S.R.L
• vTitan, Acromed AG
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Key questions answered in Intravenous Infusion Pumps Market are:
- What is Intravenous Infusion Pumps ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Intravenous Infusion Pumps Market?
- Which factors are the lucrative opportunities for the Intravenous Infusion Pumps Market growth?
- Which factors are limiting the scope of Intravenous Infusion Pumps Market ?
- How is the intervention from regulatory authority is shaping the Intravenous Infusion Pumps Market?
- What growth strategies are the key players considering to increase their presence in Intravenous Infusion Pumps Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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