Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What CAGR Will the Infusion Pump Market Achieve During 2025–2034, and What Does It Indicate?

In recent times, the market size of the infusion pump has witnessed rapid expansion. The market, which will be valued at $14.77 billion in 2024, is expected to rise to $15.85 billion in 2025, recording a compound annual growth rate (CAGR) of 7.4%. The expansion observed in the historic period can be traced back to factors such as the growing elderly population, the rise in chronic illnesses, hospitalization trends, surgical procedures, and advancements in the healthcare sector.

The market size for infusion pumps is set to experience significant growth in the upcoming years, with expectations to reach $22.92 billion by 2029 and a compound annual growth rate (CAGR) of 9.7%. This projected growth can be linked to factors such as emerging home healthcare trends, an increase in ambulatory care centers, worldwide health challenges, technology incorporation, and increased patient autonomy. Key trends for this period are anticipated to include the creation of wearable infusion devices, the multiplication of ambulatory infusion centers, custom solutions for pediatric and geriatric patients, emphasis on cost and efficiency, and the implementation of artificial intelligence in infusion systems.

What Industry-Specific Factors Are Fueling the Growth of the infusion pump Market?

An increase in the occurrence of chronic diseases is likely to boost the expansion of the infusion pump market. Chronic ailments refer to noncommunicable diseases (NCDs) that are usually long-lasting and advance slowly over a long duration. The escalating occurrence of such diseases, including cancer and diabetes, is largely influenced by changes in lifestyle, inadequate physical activity, a decline in the quality of life, and unhealthy dietary habits. Infusion pumps play a crucial role in managing these chronic illnesses by ensuring accurate drug administration, precise fluid dispersal, and personalized treatments. As per data from the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, there is an estimation that by 2050 the global count of people with chronic diseases would be 142.66 million, a sharp rise from 71.522 million in 2020. Additionally, the International Diabetes Federation, which includes over 230 national diabetes associations across more than 160 countries, forecasts an upsurge in diabetic patients to 643 million by 2030 and 783 million by 2045. Consequently, the growing occurrence of chronic diseases is poised to accelerate the growth of the infusion pump market.

Request Your Free Infusion Pump Market Report Sample Now!

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

Who Are the Influential Players Reshaping the Infusion Pump Market Landscape?

Major companies operating in the infusion pump market include:

• Becton Dickinson and Company_x000D_

• Baxter International Inc._x000D_

• B. Braun Melsungen AG_x000D_

• ICU Medical Inc._x000D_

• Fresenius Kabi AG_x000D_

What New and Evolving Trends Are Having a Lasting Impact on the Infusion Pump Market?

The rise of technological progress is a major trend being observed in the infusion pump market. Leading companies in this sector are concentrating on introducing innovative technological solutions to solidify their market presence. For example, in November 2022, Medtronic, a renowned medical device corporation based in the US, unveiled the MiniMed Quick-set Plus, marking it as the world’s premier and unique insulin pump infusion set. This product was ingeniously crafted using state-of-the-art components to reduce the loss of insulin preservative and ensure the stability and flow of insulin. This extends the usage timeframe of an infusion set by double. It has earned the distinction of being the only infusion set with FDA approval, and it aims to offer an enhanced, comfortable experience for patients with diabetes.

Pre-order Your Report for Quick and Easy Delivery!

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

Which Segments of the Infusion Pump Market Hold the Most Potential for Future Development?

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

Which Geographic Locations Are Critical to the Growth of the Infusion Pump Market?

North America was the largest region in the infusion pump market in 2024. The regions covered in the infusion pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Defining Aspects of the Infusion Pump Market Landscape?

An infusion pump refers to a medical device that is used to deliver fluids, such as medications or nutrients, into a patient’s bloodstream in a controlled manner. Infusion pumps work by using a pump mechanism to control the rate and volume of fluid delivered to the patient.

Browse Through More Similar Reports 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: