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The elastomeric infusion pumps market size has experienced significant growth in recent years, anticipated to expand from $0.98 billion in 2023 to $1.07 billion in 2024, reflecting a compound annual growth rate (CAGR) of 9.3%. This historical growth can be attributed to several factors, including a high incidence of chronic conditions, an increase in surgical interventions, a rising aging population, greater awareness and education about health management, and enhanced government programs and funding for healthcare initiatives. Looking ahead, the elastomeric infusion pumps market is expected to continue its strong growth trajectory, reaching $1.53 billion by 2028, with a CAGR of 9.5%. This forecast growth is driven by factors such as the increasing prevalence of chronic diseases, a rise in the elderly population, a growing number of surgical interventions, and higher healthcare expenditure. Notable trends during this period will include the emergence of smart infusion pumps equipped with IoT integration, the adoption of advanced anti-free-flow mechanisms, designs that prioritize ergonomics and user-friendliness, extended battery life, the use of eco-friendly materials, and innovations in microengineering and materials science.

The rising number of hospitalized patients is driving the growth of the elastomeric infusion pump market. Advances in medical technology have led to more hospital admissions, with elastomeric infusion pumps enabling patients to receive medications like antibiotics and chemotherapy at home, reducing hospital occupancy rates. In December 2023, the National Health Service (NHS) reported a 5% increase in hospital admissions in England, from 389,800 in 2021–2022 to 408,700 in 2022–2023.

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What Are The Key Trends That Influence Elastomeric Infusion Pumps Market Share Analysis?

Major companies in the elastomeric infusion pump market are focusing on developing portable chemotherapy infusion pumps to create more reliable and user-friendly infusion systems while enhancing drug delivery precision. Chemotherapy portable infusion pumps are devices that deliver chemotherapy drugs in a controlled manner, allowing patients to receive continuous or intermittent treatment outside hospital settings. For instance, in March 2022, Shanghai MicroPort Lifesciences Co. Ltd., a China-based medical device company, launched AutoEx, designed for the continuous or intermittent infusion of chemotherapy drugs. This device facilitates precise drug delivery to patients with malignancies and features a dual CPU control system along with a disposable pump infusion unit containing two fluid reservoir bags, enabling automatic switching between them to ensure uninterrupted medication delivery. This design enhances patient comfort and minimizes the need for healthcare professionals to intervene manually. AutoEx operates within the same therapeutic space as traditional elastomeric infusion pumps.

Which Market Players Are Driving Growth In The Elastomeric Infusion Pumps Market?

Major companies operating in the elastomeric infusion pumps market are Baxter International Inc., Medline Industries, B. Braun Melsungen AG, Nipro Corporation, Avanos Medical Inc., Vygon SAS, pfm medical gmbh, Integrated Medical Systems Inc., Preferred Medical, Leventon S.A.U, Tuoren Medical, Eitan Medical, PROMECON GmbH, Epic Medical, Promecon Medical, Ace Medical Devices, Gamastech, Adria Med, Heka Healthcare, Beijing KellyMed Co. Ltd

How Is The Global Elastomeric Infusion Pumps Market Segmented?

The elastomeric infusion pumpsmarket covered in this report is segmented –

1) By Product Type: Continuous Rate Elastomeric Pumps, Variable Rate Elastomeric Pumps
2) By Treatment: Pain Management, Antibiotic Or Antiviral, Chemotherapy, Other Treatments
3) By End-User: Hospitals, Ambulatory Surgical Centers, Home Care Settings, Clinics, Other End-Users

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The Elastomeric Infusion Pumps Global Market Report 2024 provides an overview of the elastomeric infusion pumpsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The elastomeric infusion pumps market forecast analyzes elastomeric infusion pumps market size, elastomeric infusion pumps market share, leading competitor and their market positions.

The Table Of Content For The Elastomeric Infusion Pumps Market Include

1. Elastomeric Infusion Pumps Market Executive Summary
2. Elastomeric Infusion Pumps Market Segments
3. Elastomeric Infusion Pumps Market Size And Template Market Growth Rate
4.  Key Elastomeric Infusion Pumps Market Trends
5. Major Elastomeric Infusion Pumps Market Drivers
……
25. Key Mergers And Acquisitions In The Elastomeric Infusion Pumps Market
26. Top Elastomeric Infusion Pumps Companies
27. Elastomeric Infusion Pumps Market Opportunities And Strategies
28. Elastomeric Infusion Pumps Market, Conclusions And Recommendations
29. Appendix

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