Meticulous Research®—a leading global market research company, published a research report titled, ‘Infusion Pumps Market by Type (Volumetric, Syringe, Insulin, Ambulatory [Disposable, Chemo] Implantable), Channel (Single, Multi) Application (Oncology, Pain, Diabetes, Hematology, Pediatrics) End User (Hospital, Ambulatory Care) - Global Forecast to 2030.’
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According to the latest report from Meticulous Research®, the global infusion pumps market is expected to soar to $25.9 billion by 2030, experiencing a robust CAGR of 8.3% over the forecast period.
Key Factors Driving Growth: The surge in the infusion pumps market can be attributed to:
- Increased Demand for Ambulatory Infusion Pumps: The growing prevalence of chronic diseases is a major factor.
- Growing Elderly Population: With an aging global population, age-related diseases requiring infusion therapy are rising.
- Surge in Surgical Procedures: The increased number of surgeries worldwide is boosting the need for infusion pumps.
- Home Healthcare Adoption: Rising awareness and demand for home healthcare solutions are contributing to the market’s growth.
However, challenges such as frequent recalls, the increasing use of refurbished infusion pumps, and regulatory hurdles may slow the market's momentum.
Opportunities and Market Challenges: Opportunities abound in emerging markets and with the increasing use of IoT-enabled specialty infusion systems. Challenges such as medication errors and lack of wireless connectivity in many healthcare facilities remain key concerns.
Market Segmentation:
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Product Types:
- Devices (e.g., volumetric, syringe, ambulatory, insulin, enteral, and PCA infusion pumps)
- Accessories and Consumables: Expected to hold the largest share due to their recurring use in ambulatory and home healthcare settings.
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Applications:
- Oncology: Projected to dominate, driven by the rise in cancer cases and the widespread use of portable chemotherapy pumps.
Geographic Analysis: North America is forecast to remain the largest regional market, with the U.S. leading due to its high adoption of advanced healthcare technologies and significant government healthcare investments.
Leading Companies:
- Becton, Dickinson and Company (BD)
- B. Braun SE
- Baxter International Inc.
- Fresenius SE & Co. KGaA
- ICU Medical, Inc.
- Medtronic plc
- MOOG Inc.
- Terumo Corporation
- F. Hoffmann-La Roche Ltd
- Insulet Corporation
Meticulous Research® emphasized that the infusion pumps market is growing rapidly due to healthcare industry dynamics and continuous technological advancements. Strategic investments and R&D will be critical in shaping the market, offering lucrative opportunities for businesses and stakeholders.
About Meticulous Research®:
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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