Market Overview:
Microinfusion pumps are small, portable devices that are used to deliver precise doses of medication or other fluids into the body. They can be worn on the body or used in a hospital setting. The global microinfusion pumps market is expected to grow at a CAGR of 7.5% from 2018 to 2030. Some of the key factors driving this growth include the increasing prevalence of chronic diseases, rising demand for home care and ambulatory care services, and technological advancements in microinfusion pump technology. The global microinfusion pumps market is segmented by type into portable and wearable microinfusion pumps. The portable segment is expected to grow at a higher CAGR than the wearable segment during the forecast period owing to its growing popularity among patients and healthcare providers alike for its ease-of-use and portability features. By application, the global microinfusion pumps market is divided into hospitals & clinics, ambulatory care centers, home care, nursing homes, and other applications such as research institutes & laboratories etcetera).
Product Definition:
Microinfusion pumps are used to deliver precise doses of fluid, medication or other treatments to a small area. They are often used in research and clinical settings to deliver tiny amounts of fluid or treatment directly to a target area. Microinfusion pumps can be very helpful in delivering targeted therapies and helping researchers learn more about how treatments work in specific areas of the body.
Portable:
Portable infusion pumps are small-sized medical devices that are used to deliver drugs and fluids into the body. They can be battery powered or plugged in and they have a capacity of delivering up to 1 ml/min. The portable infusion pumps market is driven by factors such as increasing geriatric population, rising prevalence of chronic diseases, increasing healthcare expenditure & awareness among people & technological advancements in infusion pumps.
Wearable:
Wearable medical devices are small in size and can be directly attached to the body. They record vital signs such as temperature, blood pressure, and other parameters of a patient's health. These devices are used for remote monitoring of patients which helps in reducing hospital visits and costs associated with it. Wearable medical device market is expected to grow at a lucrative rate over the forecast period owing to increasing demand for home healthcare services along with rising geriatric population across the globe.
Application Insights:
The market is segmented by application into hospitals and clinics, ambulatory care centers, home care, and others. The other segment includes surgical theaters or operating rooms in hospitals or clinics as well as intensive care units (ICUs) in hospitals or clinics. Ambulatory Care Centers held the largest share of the global market for microinfusion pumps due to an increase in hospital admissions across the globe. According to a study published by NCBI, it was found that globally there has been an increase of around 5% in hospital admissions every year since 2000 which was followed by another study which stated that between 1990-2009 there has been a rise of around 3% per year globally which was also followed by another study which stated that between 1980-1989 there has been an annual growth rate of 2%. These factors are contributing towards high demand for infusion pumps at ambulatorycare centers thereby driving demand for microinfusion pumps at these facilities.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing geriatric population, and technological advancements. The Asia Pacific is expected to grow at a lucrative rate over the forecast period due to rising healthcare expenditure and improving infrastructure in this region. Moreover, an increase in chronic diseases such as diabetes that require frequent blood transfusion will drive the demand for microinfusion pumps over the forecast period. Increasing government initiatives pertaining to product development are also anticipated to propel growth of this regional market during the forecast period.
The Latin American market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Microinfusion pumps are an important part of minimally invasive surgical procedures as they help in delivering precise doses of drugs or fluids directly to the target site.
- Growing prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, and heart disease is increasing rapidly due to changing lifestyles and aging populations. These diseases are often treated with drugs that need to be delivered in precise doses over an extended period of time. This makes microinfusion pumps a valuable tool for delivering these drugs effectively and safely into the body tissues.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microinfusion Pumps Market Research Report
By Type
Portable, Wearable
By Application
Hospitals & Clinics, Ambulatory Care Centers, Home Care, Nursing Home, Other
By Companies
Terumo, Smiths Medical, Vogt Medical, BD, Canè S.p.A., Fresenius Kabi, Caesarea Medical Electronics, Beijing KellyMed, Cole-Parmer, Hangzhou Sejoy, Shanghai LEIEN 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Microinfusion Pumps Market Report Segments:
The global Microinfusion Pumps market is segmented on the basis of:
Types
Portable, Wearable
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 & Clinics, Ambulatory Care Centers, Home Care, Nursing Home, Other
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:
- Terumo
- Smiths Medical
- Vogt Medical
- BD
- Canè S.p.A.
- Fresenius Kabi
- Caesarea Medical Electronics
- Beijing KellyMed
- Cole-Parmer
- Hangzhou Sejoy
- Shanghai LEIEN Medical
Highlights of The Microinfusion Pumps 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:
- Portable
- Wearable
- By Application:
- Hospitals & Clinics
- Ambulatory Care Centers
- Home Care
- Nursing Home
- Other
- 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 Microinfusion Pumps 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Microinfusion pumps are medical devices that help deliver medications and other treatments directly to specific areas of the body. They work by using a small, low-pressure stream of fluid to deliver medication or other treatment directly to the area of the body being treated.
Some of the key players operating in the microinfusion pumps market are Terumo, Smiths Medical, Vogt Medical, BD, Can¨ S.p.A., Fresenius Kabi, Caesarea Medical Electronics, Beijing KellyMed, Cole-Parmer, Hangzhou Sejoy, Shanghai LEIEN Medical.
The microinfusion pumps market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microinfusion Pumps 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 Microinfusion Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microinfusion Pumps 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 Microinfusion Pumps 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 Microinfusion Pumps Market Size & Forecast, 2018-2028
4.5.1 Microinfusion Pumps Market Size and Y-o-Y Growth
4.5.2 Microinfusion Pumps Market Absolute $ Opportunity
Chapter 5 Global Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Type
5.2.1 Portable
5.2.2 Wearable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Applications
6.2.1 Hospitals & Clinics
6.2.2 Ambulatory Care Centers
6.2.3 Home Care
6.2.4 Nursing Home
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microinfusion Pumps 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 Microinfusion Pumps 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 Microinfusion Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Type
9.6.1 Portable
9.6.2 Wearable
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 Microinfusion Pumps Market Size Forecast by Applications
9.10.1 Hospitals & Clinics
9.10.2 Ambulatory Care Centers
9.10.3 Home Care
9.10.4 Nursing Home
9.10.5 Other
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 Microinfusion Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Type
10.6.1 Portable
10.6.2 Wearable
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 Microinfusion Pumps Market Size Forecast by Applications
10.10.1 Hospitals & Clinics
10.10.2 Ambulatory Care Centers
10.10.3 Home Care
10.10.4 Nursing Home
10.10.5 Other
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 Microinfusion Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Type
11.6.1 Portable
11.6.2 Wearable
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 Microinfusion Pumps Market Size Forecast by Applications
11.10.1 Hospitals & Clinics
11.10.2 Ambulatory Care Centers
11.10.3 Home Care
11.10.4 Nursing Home
11.10.5 Other
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 Microinfusion Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Microinfusion Pumps 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 Microinfusion Pumps Market Size Forecast by Type
12.6.1 Portable
12.6.2 Wearable
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 Microinfusion Pumps Market Size Forecast by Applications
12.10.1 Hospitals & Clinics
12.10.2 Ambulatory Care Centers
12.10.3 Home Care
12.10.4 Nursing Home
12.10.5 Other
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) Microinfusion Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microinfusion Pumps 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) Microinfusion Pumps Market Size Forecast by Type
13.6.1 Portable
13.6.2 Wearable
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) Microinfusion Pumps Market Size Forecast by Applications
13.10.1 Hospitals & Clinics
13.10.2 Ambulatory Care Centers
13.10.3 Home Care
13.10.4 Nursing Home
13.10.5 Other
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 Microinfusion Pumps Market: Competitive Dashboard
14.2 Global Microinfusion Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Terumo
14.3.2 Smiths Medical
14.3.3 Vogt Medical
14.3.4 BD
14.3.5 Canè S.p.A.
14.3.6 Fresenius Kabi
14.3.7 Caesarea Medical Electronics
14.3.8 Beijing KellyMed
14.3.9 Cole-Parmer
14.3.10 Hangzhou Sejoy
14.3.11 Shanghai LEIEN Medical
