Market Overview:
The global infusion therapy devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in infusion therapy devices. Based on type, the global infusion therapy devices market is segmented into operation type and infusion type. The operation type segment is further divided into peristaltic pumps and syringe pumps. The peristaltic pump segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to its advantages such as low priming volume, gentle pumping action, ability for long tubing runs without occlusion or blockages, etc., over other types of pumps such as centrifugal or diaphragm pumps. Based on application, the global infusion therapy devices market is segmented into hospitals, clinics and others (including homecare settings). Among these applications, hospitals are expected to account for a larger share of the global infusion therapy devices market during the forecast period owing to factors such as rising prevalence of chronic diseases and increasing number of surgical procedures performed globally every year.
Product Definition:
An infusion therapy device is a piece of medical equipment used to deliver fluids, medication or other treatments into the body. Infusion therapy devices are used to treat a variety of conditions, including dehydration, pain relief and cancer treatment. The devices come in many different forms, including syringes, IV bags and pumps.
Operation Type:
The global infusion therapy devices market is expected to grow at a lucrative rate during the forecast period. The growth of this industry can be attributed to factors such as increasing geriatric population, rising prevalence of chronic diseases and high demand for minimally invasive surgeries.
According to the World Health Organization (WHO), by 2050, more than half the world’s population is estimated to be over 60 years old.
Infusion Type:
Infusion type is the process of introducing a steady flow of IV solutions and medications into the patient’s body. It can be done with various devices like pumps, bags, syringes and tubing. The infusion therapy devices market is segmented on the basis of product types which include enteral feeding systems, intravenous fluid management systems (VFMS), central venous pressure monitoring devices (CVPMD), peritoneal dialysis equipment etc.
Application Insights:
The others segment held the largest share of the global infusion therapy devices market in 2017. This segment includes home healthcare and hospital-based clinics. Hospital-based clinics dominated this application segment, which can be attributed to factors such as a larger patient base and advanced healthcare facilities. However, increasing number of home healthcare infusions is expected to challenge this dominance over the forecast period.
Clinic applications are anticipated to witness lucrative growth over the forecast period owing to rising awareness about diseases.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing awareness about advanced infusion therapy devices. Moreover, presence of major players such as Medtronic; B. Braun Melsungen AG; Fresenius Medical Care; Baxter International is also one of the significant factors contributing to its largest share.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to rising geriatric population and improving economic conditions in emerging countries such as India & China & Indonesia etc., which are boosting healthcare spending by governments and private sectors for infusions therapy devices. Moreover, growing medical tourism industry will also boost demand for these products over next eight years from 2018 till 2030 time period in this region’s market space.
Growth Factors:
- Increasing incidence 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. According to a study by the World Health Organization (WHO), non-communicable diseases (NCDs) such as heart disease, stroke, cancer, and diabetes accounted for 63% of all deaths in 2012. This number is expected to rise to 73% by 2030. Infusion therapy devices are used extensively for the treatment of various chronic diseases such as cancer, diabetes, and cardiovascular disorders. Thus, the growing incidence of chronic diseases is one major growth driver for this market.
- Technological advancements: The infusion therapy devices market has witnessed several technological advancements in recent years owing to which these devices have become more sophisticated and user-friendly. For instance, manufacturers are now offering smart infusion pumps that can be connected wirelessly to hospital information systems or personal computers thereby allowing healthcare professionals to remotely monitor patients’ infusion therapy treatments from any location within the hospital premises or even outside it if required . Such technological advancements are likely to boost demand for infusion therapy devices in the coming years thereby driving market growth further..
Scope Of The Report
Report Attributes
Report Details
Report Title
Infusion Therapy Devices Market Research Report
By Type
Operation Type, Infusion Type
By Application
Hospitals, Clinic, Others
By Companies
Becton Dickinson, CareFusion, Hospira), B Braun, Baxter, Medtronic Ltd, Smiths Medical, Becton Dickinson
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Infusion Therapy Devices Market Report Segments:
The global Infusion Therapy Devices market is segmented on the basis of:
Types
Operation Type, Infusion Type
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
Hospitals, 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:
- Becton Dickinson
- CareFusion
- Hospira)
- B Braun
- Baxter
- Medtronic Ltd
- Smiths Medical
- Becton Dickinson
Highlights of The Infusion Therapy Devices 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:
- Operation Type
- Infusion Type
- By Application:
- Hospitals
- 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 Infusion Therapy Devices 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?
Infusion therapy devices are medical devices that help deliver medications and other treatments directly to the bloodstream. They can be used to give fluids, medicines, or other treatments to patients in a variety of settings, such as hospitals and clinics.
Some of the major companies in the infusion therapy devices market are Becton Dickinson, CareFusion, Hospira), B Braun, Baxter, Medtronic Ltd, Smiths Medical, Becton Dickinson.
The infusion therapy devices market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Infusion Therapy Devices 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 Infusion Therapy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Infusion Therapy Devices 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 Infusion Therapy Devices 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 Infusion Therapy Devices Market Size & Forecast, 2018-2028
4.5.1 Infusion Therapy Devices Market Size and Y-o-Y Growth
4.5.2 Infusion Therapy Devices Market Absolute $ Opportunity
Chapter 5 Global Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Type
5.2.1 Operation Type
5.2.2 Infusion Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Infusion Therapy Devices 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 Infusion Therapy Devices 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 Infusion Therapy Devices Analysis and Forecast
9.1 Introduction
9.2 North America Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Type
9.6.1 Operation Type
9.6.2 Infusion Type
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 Infusion Therapy Devices Market Size Forecast by Applications
9.10.1 Hospitals
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 Infusion Therapy Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Type
10.6.1 Operation Type
10.6.2 Infusion Type
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 Infusion Therapy Devices Market Size Forecast by Applications
10.10.1 Hospitals
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 Infusion Therapy Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Type
11.6.1 Operation Type
11.6.2 Infusion Type
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 Infusion Therapy Devices Market Size Forecast by Applications
11.10.1 Hospitals
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 Infusion Therapy Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Infusion Therapy Devices 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 Infusion Therapy Devices Market Size Forecast by Type
12.6.1 Operation Type
12.6.2 Infusion Type
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 Infusion Therapy Devices Market Size Forecast by Applications
12.10.1 Hospitals
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) Infusion Therapy Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Infusion Therapy Devices 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) Infusion Therapy Devices Market Size Forecast by Type
13.6.1 Operation Type
13.6.2 Infusion Type
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) Infusion Therapy Devices Market Size Forecast by Applications
13.10.1 Hospitals
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 Infusion Therapy Devices Market: Competitive Dashboard
14.2 Global Infusion Therapy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton Dickinson
14.3.2 CareFusion
14.3.3 Hospira)
14.3.4 B Braun
14.3.5 Baxter
14.3.6 Medtronic Ltd
14.3.7 Smiths Medical
14.3.8 Becton Dickinson
