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What Are the Projected Market Size and Growth Rates for the Infusion Therapy Devices Market From 2025 To 2029?

The market size of infusion therapy devices has expanded significantly in the past few years. The market, which is anticipated to escalate from $12.10 billion in 2024 to $13.43 billion in 2025, will witness a compound annual growth rate (CAGR) of 11.0%. Factors such as rising hospital admissions, enhancements in healthcare infrastructure, governmental initiatives, the growth of medical tourism, and well-defined reimbursement policies contributed to the growth in the historic period.

The market size of infusion therapy devices is predicted to experience exponential expansion in the approaching years. It’s projected to balloon to $20.11 billion by 2029, with a compound annual growth rate (CAGR) of 10.6%. The surge during the forecast period can be linked to the influence of personalized medicine, readiness and reaction to pandemics, adoption of wearable infusion devices, transition towards infusion therapy, and digitalization in healthcare. Noteworthy trends in the forecast period encompass 5g connectivity, quantum computing, integration of the internet of things (IoT), the rise of wearable health technology, and the utilization of voice assistants and natural language processing.

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What Are the Core Market Drivers Propelling Growth in the Infusion Therapy Devices Industry?

The rise in chronic diseases is set to fuel the expansion of the infusion therapy devices market. Chronic diseases are defined as enduring health issues that last for more than a year, demanding continuous medical supervision or inhibiting regular everyday functions. Unhealthy lifestyle choices, inactive routines, poor diets, and environmental factors can contribute to the growing prevalence of these chronic diseases, along with increased risk factors like obesity, smoking, and stress. Infusion therapy devices aid in the management of chronic diseases by consistently and precisely administering drugs and fluids directly into the bloodstream. This provides an effective treatment for conditions such as diabetes, autoimmune diseases, and cancer, and enhances patient results, convenience, and lessens the requirement for regular hospital visits. For example, in January 2023, the National Center for Biotechnology Information (NCBI), a National Library of Medicine based in the US, predicted that by 2050, there will be a 99.5% increase in people 50 years old and above with at least one chronic disease, from 71.522 million in 2020 to 142.66 million. Hence, the rising prevalence of chronic diseases is stimulating the expansion of the infusion therapy devices market.

How Is the Infusion Therapy Devices Market Segmented?

The infusion therapy devices market covered in this report is segmented –

1) By Product: Infusion Pumps, Intravenous (Iv) Sets, Cannulas, Needleless Connectors

2) By Mobility: Portable Infusion Pumps, Stationary Pumps

3) By Application: Oncology, Diabetes, Pain Management, Other Applications

4) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Homecare, Other End-Users

Subsegments:

1) By Infusion Pumps: Volumetric Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps, Insulin Infusion Pumps

2) By Intravenous (IV) Sets: Standard IV Sets, Extension IV Sets, IV Administration Sets with Filters

3) By Cannulas: Peripheral Intravenous (PIV) Cannulas, Central Venous Cannulas, Butterfly Cannulas

4) By Needleless Connectors: Positive Pressure Needleless Connectors, Neutral Pressure Needleless Connectors, Negative Pressure Needleless Connectors

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Which Regions Are Driving the Next Phase of the Infusion Therapy Devices Market Growth?

North America was the largest region in the infusion therapy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the infusion therapy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Strategic Trends Steering the Infusion Therapy Devices Market Direction?

Leading corporations in the infusion therapy devices market are striving towards the creation of unique solutions, such as the technology of pressure-enabled drug delivery (PEDD), to improve treatments for liver and pancreatic tumors. PEDD is a revolutionary drug delivery strategy that utilizes pressure to augment the infusion of therapeutic agents into tissues or organs, especially where traditional techniques may encounter difficulties. For example, in November 2024, TriSalus Life Sciences, a medical technology firm based in the US, unveiled the TriNav LV Infusion System and TriGuide Guiding Catheters. These additions to its PEDD product line aim to enhance therapeutic delivery and expand treatment alternatives, potentially leading to better patient outcomes. The TriNav LV Infusion System boasts special features like enlarged blood vessels (3.5 to 5.0 mm), extending the implementation of TriSalus’ PEDD technology to a wider patient demographic. This launch broadens PEDD device adaptability to vessel sizes ranging from 1.5 mm to 5.0 mm, presenting interventional radiologists with more treatment alternatives. The TriGuide Guiding Catheters have an increased inner diameter, a frictionless lining, and a mirrored curve design for simpler femoral access and heightened procedural efficiency. Preliminary users have reported a 97% satisfaction rate, which underscores the system’s efficiency and user-friendly nature in oncology treatments.

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How Is the Infusion Therapy Devices Market Defined and What Are Its Core Parameters?

Infusion therapy devices refer to medical devices used to deliver fluids, medications, nutrients, or blood products directly into a patient’s bloodstream. Infusion therapy devices are utilized in highly versatile ways, improving patient care by providing accurate, controlled delivery of fluids, medications, and nutrition.

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