Market Overview:
The global multi-channel infusion pumps market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for home healthcare, and technological advancements in infusion pumps. Based on type, the global multi-channel infusion pumps market is segmented into double channel infusion pumps and triple channel infusion pumps. The double channel infusion pump segment is expected to account for the majority share of the global multi-channel infusion pump market in 2018. This segment is projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2030 due to its high accuracy and reliability as compared with other types of infusions pumps available in the market. Based on application, hospitals are expected to account for majority share of global multi-channel infusions pump market by 2030 owing higher adoption rates across developed countries such as UAS and Europe .
Product Definition:
Multi-channel infusion pumps are medical devices which can simultaneously infuse more than one fluid into a patient's body. This is often done to deliver different medications or nutrients to different parts of the body. The importance of multi-channel infusion pumps lies in their ability to improve patient care by providing more accurate and customized dosing.
Double Channel Infusion Pumps:
Double channel infusion pumps are used to deliver two different medications or fluids at the same time. It is majorly used in chemotherapy and dialysis applications. The growth factor for this market is mainly driven by rising geriatric population base, increasing prevalence of chronic diseases such as cancer, kidney failure, arthritis & diabetes and growing demand for efficient & accurate medication delivery devices.
Triple Channel Infusion Pumps:
Triple channel infusion pumps are used to deliver fluids in three different routes simultaneously. It is majorly used for chemotherapy and intravenous medication delivery. The market size of triple-channel infusion pumps was valued at USD 1,37,000 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The hospitals segment dominated the global multi-channel infusion pumps market in 2017. This is attributed to a large number of hospital admissions and increasing government funding for the construction of hospitals, especially in developing countries such as India, China and Brazil. For instance, according to WHO data published in 2018, there has been an increase of around 11% in healthcare spending globally from 2016 to 2017. This rise can be attributed largely to increased government funding for healthcare infrastructure development and rising awareness regarding better access to care through this channel.
Increasing investments by foreign players are also expected to boost growth over the forecast period. For example, Medtronic Plc., a Ireland-based medical technology company has invested USD 142 million on its ¢â‚¬Å“Gemini¢â‚¬ manufacturing facility located near Pune city in India.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for advanced technologies, and favorable reimbursement policies in this region. The Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing healthcare expenditure levels by governments and rising awareness about advanced infusion pumps among patients and physicians. Moreover, increasing government initiatives such as “Hospital Infusion Program†that provides free/affordable medical devices for hospitals are expected to drive regional growth during the forecast period.
The Latin American market was valued at USD X million in 2017 owing with presence of large untapped opportunities along with rapidly growing economies such as Brazil & Mexico & Argentina etc.
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. Multi-channel infusion pumps are used to deliver medications and other treatments to patients with chronic diseases, which is driving the growth of this market.
- Technological advancements: The multi-channel infusion pump market is witnessing rapid technological advancements, with new products being launched regularly. This is helping fuel the growth of this market as it enables medical professionals to provide better treatment to their patients using these pumps.
- Rising demand for homecare: There has been a rising demand for homecare in recent years due to the increasing cost of healthcare and shortage of hospital beds worldwide. Multi-channel infusion pumps are increasingly being used in homecare settings as they are portable and easy to use, which is aiding in the growth of this market segment..
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Channel Infusion Pumps Market Research Report
By Type
Double Channel Infusion Pumps, Triple Channel Infusion Pumps
By Application
Hospitals, Clinics, Other
By Companies
BD, Baxter, Hospira, B. Braun, Roche, Insulet, Medtronic, Smiths Medical, Terumo Corporation, Johnson & Johnson, IRadimed, Moog
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Channel Infusion Pumps Market Report Segments:
The global Multi-Channel Infusion Pumps market is segmented on the basis of:
Types
Double Channel Infusion Pumps, Triple Channel Infusion Pumps
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, 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:
- BD
- Baxter
- Hospira
- B. Braun
- Roche
- Insulet
- Medtronic
- Smiths Medical
- Terumo Corporation
- Johnson & Johnson
- IRadimed
- Moog
Highlights of The Multi-Channel Infusion 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:
- Double Channel Infusion Pumps
- Triple Channel Infusion Pumps
- By Application:
- Hospitals
- Clinics
- 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 Multi-Channel Infusion 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.
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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?
Multi-channel infusion pumps are medical devices that allow for the infusion of multiple medications or fluids simultaneously. This allows for more efficient and accurate dosing, as well as decreased wait times between treatments.
Some of the major companies in the multi-channel infusion pumps market are BD, Baxter, Hospira, B. Braun, Roche, Insulet, Medtronic, Smiths Medical, Terumo Corporation, Johnson & Johnson, IRadimed, Moog.
The multi-channel infusion pumps market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Channel Infusion Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Channel Infusion Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Channel Infusion Pumps Market - Supply Chain
4.5. Global Multi-Channel Infusion Pumps Market Forecast
4.5.1. Multi-Channel Infusion Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Channel Infusion Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Channel Infusion Pumps Market Absolute $ Opportunity
5. Global Multi-Channel Infusion Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
5.3.1. Double Channel Infusion Pumps
5.3.2. Triple Channel Infusion Pumps
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Channel Infusion Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Channel Infusion Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Channel Infusion Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Channel Infusion Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Channel Infusion Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Channel Infusion Pumps Demand Share Forecast, 2019-2026
9. North America Multi-Channel Infusion Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
9.7.1. Double Channel Infusion Pumps
9.7.2. Triple Channel Infusion Pumps
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Channel Infusion Pumps Demand Share Forecast, 2019-2026
10. Latin America Multi-Channel Infusion Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
10.7.1. Double Channel Infusion Pumps
10.7.2. Triple Channel Infusion Pumps
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Channel Infusion Pumps Demand Share Forecast, 2019-2026
11. Europe Multi-Channel Infusion Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Channel Infusion Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
11.7.1. Double Channel Infusion Pumps
11.7.2. Triple Channel Infusion Pumps
118. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Channel Infusion Pumps Demand Share, 2019-2026
12. Asia Pacific Multi-Channel Infusion Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Channel Infusion Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
12.7.1. Double Channel Infusion Pumps
12.7.2. Triple Channel Infusion Pumps
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Channel Infusion Pumps Demand Share, 2019-2026
13. Middle East & Africa Multi-Channel Infusion Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Channel Infusion Pumps Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Channel Infusion Pumps Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Channel Infusion Pumps Market Size and Volume Forecast by Type
13.7.1. Double Channel Infusion Pumps
13.7.2. Triple Channel Infusion Pumps
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Channel Infusion Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-Channel Infusion Pumps Market: Market Share Analysis
14.2. Multi-Channel Infusion Pumps Distributors and Customers
14.3. Multi-Channel Infusion Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baxter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hospira
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Roche
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Insulet
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medtronic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Smiths Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Terumo Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Johnson & Johnson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. IRadimed
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Moog
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook