Infusion Pumps Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
The Global Infusion Pumps Market is projected to reach USD 20.5 billion by 2027 from USD 13.2 billion in 2021, at a CAGR of 9% during the forecast period 2021-2027.
An infusion pump is a medical pump that transports liquids such as antibiotics, hormones, painkillers, and chemotherapy drugs. Use this pump to monitor and control nutrients and medications. Delivers reliable, controllable flow and volume when you need it. The next-generation infusion pump has been developed with high accuracy, high sensitivity to temperature and pressure, and extended application in the food and chemical industry and laboratories to ensure safety concerns. Pumps are used for intravenous drug delivery in clinics, hospitals, nursing homes, long-term care facilities, and home settings. Infusion pumps are used in chemotherapy, neonatal, analgesic, gastroenterology, hematology, and diabetes treatment and management. Its use to dispense critical fluids containing high-risk drugs is considered to propel the infusion pump market.
Market Segments
By Product: Infusion Pumps, Accessories/Consumables
By End-Use: Hospitals, Ambulatory Surgery Centers, Home Care, and Others
By Application: Hematological Disorders, Cancer, Gastroenterological Disorders, Analgesia/Pain Management, Diabetes, and Pediatrics/Neonatal Disorders
Key Players
The prominent players in the infusion pumps market are Becton, Dickinson and Company (US), Baxter International (US), B. Braun (Germany), ICU Medical (US), Fresenius Kabi (Germany), Smiths Medical (US), Medtronic PLC (Ireland), Moog Inc. (US), Avanos Medical, Inc. (US), Nipro Corporation (Japan), Terumo Corporation (Japan), Insulet Corporation (US), Ypsomed Holding AG (Switzerland), Tandem Diabetes Care (US), JMS Co., Ltd. (Japan), Micrel Medical Devices SA (Greece)
Scope of the Report
The research study analyzes the global Infusion Pumps industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Infusion Pumps Market Report
1. What was the Infusion Pumps Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Infusion Pumps Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Infusion Pumps Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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