Market Overview:
The global analgesics infusion pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic pain, rising geriatric population, and technological advancements in analgesic infusion pumps. Based on type, the global analgesics infusion pump market is segmented into ambulatory infusion pumps and syringe infusion pumps. The ambulatory infusion pumps segment is expected to grow at a higher CAGR than the syringe infusion pumps segment during the forecast period from 2018 to 2030. This can be attributed to the growing demand for portable and lightweight devices that are easy-to-use and offer greater accuracy and precision. Based on application, the global analgesics infusion pump market is divided into hospital applications, clinic applications, and other applications (including home care settings). The hospital applications segment accounted for majority of share in 2017 owing to increasing number of surgeries performed globally coupled with rising incidence of chronic pain conditions among patients admitted in hospitals.
Product Definition:
An analgesic infusion pump is a device used to administer analgesics (pain killers) intravenously. The analgesic infusion pump is important because it allows for precise control of the dosage of pain killer being administered, which helps to ensure that the patient receives the correct dose and avoids any potential harmful side effects.
Ambulatory Infusion:
Ambulatory infusion is a technique of delivering medications to patients outside the hospital. It's major use is in the treatment of chronic diseases such as cancer, arthritis, and diabetes. In these cases where frequent dose administration is required, ambulatory infusion provides an effective solution for treating conditions that would otherwise require more frequent hospital visits.
The global analgesic infusion pump market size was valued at USD 2 billion in 2015.
Syringe Infusion:
Analgesics infusion pump is used to deliver analgesic drugs through an intravenous line. It consists of a container, which can be attached to a hospital bed or table, and a motor-driven syringe for dispensing the drug. The pain relief medication given through this device includes opioids like morphine and oxycodone as well as non-opioids like acetaminophen (Tylenol).
Application Insights:
Based on application, the global analgesics infusion pump market is segmented into hospital, clinic or office-based settings and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of chronic diseases and an increasing number of surgeries globally. According to WHO, around 1 out of 3 people die due to causes related to cardiovascular disease globally. Thus, increasing cases across the globe are resulting in increased demand for pain management medication which is fueling growth for this segment.
The other segments that contribute significantly towards revenue generation include clinics or offices based settings and emergency rooms (ERs).
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing geriatric population, and rising incidence of chronic pain. Moreover, presence of major players such as B. Braun Melsungen AG; Medtronic; Fresenius Kabi has also contributed to the growth of this regional market. Increasing awareness about chronic pain management is also expected to drive this region’s growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period due to growing medical tourism industry in emerging economies such as India and China and increasing healthcare expenditure by governments along with rising prevalence of diabetes & cancer & other chronic conditions that require long term treatment with analgesics infusion pumps for effective management. In addition, favorable government initiatives are further expected fuel this regional market's growth over the next eight years (2030).
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. As a result, there is an increased demand for analgesics infusion pumps to treat various types of chronic pain conditions.
- Technological advancements: The analgesics infusion pump market is witnessing rapid technological advancements, with new products being launched regularly in the market. This has resulted in increased competition among players and has led to a decline in prices of these devices over time. This has also encouraged more patients to adopt these devices for better treatment outcomes.
- Growing awareness about pain management therapies: There is growing awareness among people about various pain management therapies available today, including use of analgesics infusion pumps for treating chronic pain conditions effectively and safely .This has led to an increase in demand for these devices from both patients as well as healthcare professionals worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Analgesics Infusion Pump Market Research Report
By Type
Ambulatory Infusion, Syringe Infusion
By Application
Hospital, Clinic, Others
By Companies
Smiths Medical, ICU Medical, CME Medical, BD, B. Braun Medical, Q Core Medical, MyON-Q, Smiths Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Analgesics Infusion Pump Market Report Segments:
The global Analgesics Infusion Pump market is segmented on the basis of:
Types
Ambulatory Infusion, Syringe Infusion
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smiths Medical
- ICU Medical
- CME Medical
- BD
- B. Braun Medical
- Q Core Medical
- MyON-Q
- Smiths Medical
Highlights of The Analgesics Infusion Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ambulatory Infusion
- Syringe Infusion
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Analgesics Infusion Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Analgesics infusion pump is a medical device that delivers medications through an intravenous line. It helps to relieve pain and inflammation by delivering medication directly to the site of injury or illness.
Some of the major players in the analgesics infusion pump market are Smiths Medical, ICU Medical, CME Medical, BD, B. Braun Medical, Q Core Medical, MyON-Q, Smiths Medical.
The analgesics infusion pump market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Analgesics Infusion Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Analgesics Infusion Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Analgesics Infusion Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Analgesics Infusion Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Analgesics Infusion Pump Market Size & Forecast, 2020-2028
4.5.1 Analgesics Infusion Pump Market Size and Y-o-Y Growth
4.5.2 Analgesics Infusion Pump Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ambulatory Infusion
5.2.2 Syringe Infusion
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Analgesics Infusion Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Analgesics Infusion Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ambulatory Infusion
9.6.2 Syringe Infusion
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ambulatory Infusion
10.6.2 Syringe Infusion
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ambulatory Infusion
11.6.2 Syringe Infusion
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ambulatory Infusion
12.6.2 Syringe Infusion
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ambulatory Infusion
13.6.2 Syringe Infusion
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Analgesics Infusion Pump Market: Competitive Dashboard
14.2 Global Analgesics Infusion Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smiths Medical
14.3.2 ICU Medical
14.3.3 CME Medical
14.3.4 BD
14.3.5 B. Braun Medical
14.3.6 Q Core Medical
14.3.7 MyON-Q
14.3.8 Smiths Medical
