2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theInfusion Pump Market?

The surge in chronic disease cases worldwide is anticipated to drive the expansion of the infusion pump market. Chronic illnesses are primarily non-communicable diseases that typically have a slow progression and persist for long durations. Changes in lifestyle patterns, minimal physical exercise, diminished quality of life, and unhealthy diet contribute to the heightened occurrence of chronic illnesses like cancer and diabetes. Infusion pumps are instrumental in managing these chronic conditions through effective dosing, precise fluid administration, and personalized treatment plans. As reported by the US-based National Library of Medicine, National Center for Biotechnology Information (NCBI), in January 2023, it is anticipated that the global chronic disease population will rise to 142.66 million by 2050 from 71.522 million in 2020. Moreover, the International Diabetes Federation, a coalition of over 230 national diabetes associations spanning more than 160 countries, foresees the global diabetic population escalating to 643 million by 2030 and subsequently 783 million by 2045. Consequently, the increasing prevalence of chronic diseases is expected to amplify the growth of the infusion pump market.

Get Your Free Sample Report Now – Explore Exclusive Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=9968&type=smp

How Has the Infusion Pump Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

In recent years, the infusion pump market has seen a robust growth. It’s anticipated that the market will expand from $14.77 billion in 2024 to $15.85 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. The surge in growth during the historic period is linked to factors such as an increasing elderly population, the prevalence of chronic illnesses, trends in hospitalization, surgical procedures, and improvements in the healthcare sector.

The market for infusion pumps is set to experience substantial expansion in the coming years, with projections indicating a growth to $22.92 billion by 2029, courtesy a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this growth in the forecast period number the increasing trend of home healthcare, the proliferation of ambulatory care centers, international health obstacles, technological convergence, and patient empowerment among others. The forecast period is also expected to witness several major trends including the creation of wearable infusion devices, growing ambulatory infusion centers, tailoring for pediatric and geriatric patients, emphasis on cost-effectiveness and efficiency and the incorporation of artificial intelligence into infusion systems.

You can Directly Purchase the Report Here:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9968

Which Upcoming Market Trends and Innovations Are Set to Influence theInfusion Pump Market’s Path Forward?

The rise of technological advancements is becoming a major trend in the infusion pump market. Leading companies in this market are creating innovative technological solutions to fortify their status. For instance, Medtronic, a medical device company from the US, inaugurated the world’s first and sole insulin pump infusion set, MiniMed Quick-set Plus, in November 2022. This unique product was crafted with state-of-the-art materials to help reduce insulin preservative loss and uphold insulin flow and stability, effectively doubling the wear time of an infusion set. It has the distinction of being the first and only infusion set approved by the FDA and is designed to offer a more comfortable and handy experience for those with diabetes.

Who Are the Dominant Market Players Pushing the Boundaries of theInfusion Pump Market?

Major companies operating in the infusion pump market include Becton Dickinson and Company, Baxter International Inc., B. Braun Melsungen AG, ICU Medical Inc., Fresenius Kabi AG, Smiths Medical Inc., Medtronic plc, Moog Inc., Terumo Corporation, Insulet Corporation, Boston Scientific Corporation, Tandem Diabetes Care Inc., InfuTronix Solutions LLC, Micrel Medical Devices SA, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Mindray Medical International Limited, Caesarea Medical Electronics Ltd., Hospitech Respiration Ltd., IRadimed Corporation, Ivenix Inc., Sooil Development Co. Ltd., ZOLL Medical Corporation, Zyno Medical LLC

Order Your Report Now For A Swift Delivery:

https://www.thebusinessresearchcompany.com/report/infusion-pump-global-market-report

What Are the Core Segments of the Infusion Pump Market, and How Do They Contribute to Growth?

The infusion pump market covered in this report is segmented –

1) By Product: Accessories And Consumables, Devices

2) By Type: Volumetric Infusion Pumps, Insulin Pumps, Enteral Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps, PCA Pumps, Implantable Infusion Pumps

3) By Technology: Traditional Infusion Pumps, Specialty Infusion Pumps

4) By Application: Chemotherapy Or Oncology, Diabetes Management, Gastroenterology, Pain Management Or Analgesia, Pediatrics Or Neonatology, Hematology, Other Applications

5) By End User: Hospitals, Ambulatory Care Settings, Specialty Clinics, Home Care Settings

Subsegments:

1) By Accessories And Consumables: Infusion Sets, IV Catheters, Syringes, Safety Needles, Tubing

2) By Devices: Volumetric Infusion Pumps, Syringe Pumps, Ambulatory Infusion Pumps, PCA (Patient-Controlled Analgesia) Pumps, Insulin Pumps, Enteral Infusion Pumps

Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!

https://www.thebusinessresearchcompany.com/customise?id=9968&type=smpGlobal Infusion Pump Market, Global Infusion Pump Market Report, Global Infusion Pump Market Trends, Global Infusion Pump Market Size

Browse Through More Reports Similar to the Gobal Infusion Pump Maret 2025, By The Business Research Company:

Intravenous Infusion Pumps Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/intravenous-infusion-pumps-global-market-report

Analgesics Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/analgesics-global-market-report

Water Meter Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/water-meter-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: