The global infusion pump market is growing significantly, at a CAGR of 5.0% during the forecast period (2019-2025). An infusion pump is a medical device which is used to deliver different kind of fluids, such as nutrients and medications, into a patient’s body in a controlled manner. These devices have found their wide utility in clinical settings such as hospitals, homes, and ambulatory surgical centers. The devices are to be operated by a professional user, who sets the rate, volume and duration of the fluid delivery mechanism through a built-in software interface. The infusion pumps can make delivery of vital nutrients or medications, such as antibiotics, chemotherapy drugs, insulin, and pain relievers. 

There are various pivotal factors that offer growth to the global infusion pump market, which includes rising cases of chronic diseases, such as cancer and diabetes along with the occurrence of general health disorders such as diarrhea and many others across the globe. Rising prevalence and incidence of chronic diseases have surged the demand for portable and wearable infusion devices. Chronic diseases are responsible for most of the mortalities across the globe. It is estimated by the WHO that chronic diseases will account for around 75% of all the mortalities across the globe by 2020. Such a high prevalence rate of chronic diseases reflects the demand of drugs administration, which can be effective, pain-relieving, and portable. The innovation in infusion pump, such as the evolution of smart infusion devices, which alert in case of drug interactions, has attracted different sets of customers. However, the presence of uncertain regulatory frameworks in the medical device industry hinders market growth.

Segmental Outlook  

The infusion pump market is classified on the basis of product type, application, and end-user. Based the product type, the market is segmented into ambulatory infusion pumps, syringe pumps, implantable infusion pumps, and others. Based on application, the market is segmented into oncology, diabetes, gastroenterology, analgesia, hematology, and others. Based on end-user, the market is segregated into hospitals, home care, and ambulatory surgery centers.

Global Infusion Pump Market Share by Application, 2018 (%)

Infusion pump market will be driven by its increasing application in oncology 

Oncology is estimated to project a considerable CAGR in the infusion pump market during the forecast period. The growth of the segment is backed by the increasing prevalence of cancer coupled with the rising awareness of the usage of various therapies including chemotherapy at various stages of cancer. The increasing incidences of cancer is substantially increasing the demand for pressure pumps, as these are used for chemotherapy at home as they do not require a battery and can hence be used for a longer period of time. The presence of the key players such as Becton, Dickinson and Co., Johnson & Johnson Services, Inc., Baxter International Inc., among others are continuously contributing towards the growth of the segment. These players offer various infusion devices products for oncology. Some of the products offered by Becton, Dickinson, and Co. under its oncology segment include Alaris GP Plus Volumetric Pump with Guardrails, Alaris VP Plus Volumetric Pump with Guardrails, Alaris GW Volumetric Pump, and BodyGuard 323 ColorVision.

Regional Outlook 

The global infusion pump market is classified on the basis of geography, which includes North America, Europe, Asia-Pacific, and Rest of the World. North America and Europe contributes a significant share in the global infusion pump market. High healthcare expenditure, high awareness related to diseases and the presence of the major market player in the region are some of the major factors for the considerable market in the region. Some of the major companies operating in the region include B. Braun Melsungen AG, Becton, Dickinson, and Co., Fresenius SE & Co. KGaA, Infuserve America Inc., and Medtronic PLC. In Europe, the market is being significantly driven by the increasing number of surgeries performed coupled with the significant prevalence of chronic diseases in the region.

Global Infusion Pump Market Growth, by Region 2019-2025

Asia-Pacific is expected to propel with a considerable growth rate in the global market

Asia-Pacific is estimated to project a considerable CAGR in the infusion pump market during the forecast period. A large population base coupled with the high prevalence of chronic diseases and general health disorders is primarily addressing the high demand for infusion pump. Moreover, rising healthcare expenditure and rapidly evolving healthcare infrastructure across major economies of the region such as China, India, Japan, and others are further fueling the regional business growth of the market. Additionally, increasing trend of medical tourism in economies such as India, Thailand, and many others of the region is boosting the demand for infusion pumps in Asia-Pacific. In addition, a significant rise in the prevalence of diabetes and cancer has witnessed significant growth rate in the infusion pump market. In countries such as India, the number of diabetes patients is on the rise, and this is the primary drivers of market growth, thereby augmenting the overall growth of the infusion pump market in the region.  

Market Players Outlook

The key players in the infusion pump market are contributing significantly by providing advanced technology-based products and through expanding their geographical presence across the globe. The key players operating in the global infusion pump market include B. Braun Melsungen AG, Becton, Dickinson, and Co., Medtronic PLC, Smith Group PLC, and Fresenius Kabi AG. These market players adopt various strategies such as product launch, partnerships, collaborations, merger, and acquisitions to sustain a strong position in the market.  For instance, in September 2019, Smiths Group PLC announced that the company has integrated its smart pump programming of the Medfusion 4000 wireless syringe infusion pumps from HCA’s electronic medical records system (EMR) at Chippenham & Johnston-Willis Hospitals.

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global infusion pump market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.