An infusion pump is a medical device that is used in healthcare facilities to provide control, accuracy, and precision in the delivery of fluids such as drugs, nutrients, and blood to patients during treatment. Infusion pumps should deliver the fluids at a proper rate and dose to avoid complications. On the basis of end user, the infusion pumps market is segmented into hospitals, home care settings, ambulatory care settings, and academic & research institutes. The hospitals segment dominated the market in 2017. The large share of this end-user segment is mainly attributed to the strong financial capabilities of hospitals for purchasing high-priced infusion devices, large patient pool, and the availability of trained professionals to operate infusion pumps. In 2017, North America accounted for the largest share of this market. However, the Asia Pacific region is expected to witness the highest CAGR during the forecast period of 2020 to 2023. Factors such as the rising geriatric population, growing incidence of chronic diseases, increased accessibility to advanced healthcare facilities, rising healthcare spending, rapidly improving health insurance sector, growing demand for advanced technologies, and expansion of private-sector hospitals to rural areas are fueling the demand for infusion devices in the APAC region. However, frequent product recalls of infusion pumps, stringent regulatory requirements for new products, and the increasing adoption of refurbished infusion pumps are restraining the growth of this market to a certain extent. The global Infusion Pump market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027. This report studies the Infusion Pump market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Infusion Pump in these regions, from 2017 to 2027, covering
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
We can also provide customized separate regional or country-level reports, for the following regions:
The study objectives of this report are:
In this study, the years considered to estimate the market size of Infusion Pump are as follows: History Year: 2017-2020 Base Year: 2020 Estimated Year: 2020 Forecast Year 2021 to 2027 This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Infusion Pump market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources. For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report: Further breakdown of Infusion Pump market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Choose License Type