Infusion Pump Market 2016-2021: Market is Anticipated to Expand at a Significant CAGR of 5.1%

January 17 13:18 2019

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The rise in adoption of infusion pumps in the emerging economies and development of advanced infusion pumps are expected to provide numerous opportunities for the market growth in the near future.

Infusion Pump Market Size and Growth Rate:

Infusion Pump Market was valued at USD 7.01 Billion in 2016 and projected to reach USD 9.24 Billion by 2021 growing at a CAGR of 5.1% during the forecast period 2016 to 2021.

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Infusion Pump Market Growth Drivers and Restraints:

The rise in adoption of infusion pumps in the emerging economies and development of advanced infusion pumps are expected to provide numerous opportunities for the market growth in the near future.

Stringent government regulations for the approval of devices and occurrence of errors during infusion therapies have led to many product recalls, which impede the market growth. 

Geographical Overview of Infusion Pump Market:

Asia is a large continent and is home to some of the world’s highly populous countries. Thus, this region has emerged as an epicentre of cancer, diabetes, and cardiovascular diseases.

Key Players of Infusion Pump Market:

Some of the leading market players of Infusion Pump Market are Becton, Dickinson and Company (BD), B. Braun Melsungen AG, Baxter International Inc., Fresenius Se & Co. KGaA, Pfizer Inc., Johnson & Johnson and more.

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Infusion Pump Market Segmentation:

By Product:

  • Devices
  • Infusion Pump Accessories/Consumables

By Application:

  • Chemotherapy/Oncology
  • Diabetes
  • Gastroenterology
  • Analgesia/Pain Management
  • Pediatrics/Neonatology
  • Hematology

By End User:

  • Hospitals
  • Home Care
  • Ambulatory Surgery Centers

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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