Healthcare
Infusion Therapy Devices Market is anticipated to hit $9.27 billion by 2023 at a CAGR of 4.29%.
According to the new market research report by IndustryARC titled “Infusion Therapy Devices Market: By Type (Infusion Method, Others) By Types of Infusion Pumps (Large Volume Infusion Pumps, Syringe, Disposable, Others); By End-Use (Hospitals, Clinics, Home Care, Others); By Accessories & Consumables (Pump Sets, Infusion Sets, I.V Sets, Others); By Geography - (2015-2021)”, the market is driven by the large customer base and wide distribution network.
Americas held the largest market share in the Infusion Therapy Devices Market
Americas region holds the largest market in the Infusion Devices Market and is anticipated to reach $ 3 billion by 2023 at a CAGR of 4.42%. However, APAC will witness the highest growth rate during the forecast period and is expected to reach $2.6 billion by 2023 at a CAGR of 5.26%. Americas accounted for 32% of the global infusion therapy devices market with the U.S. as the dominant market. The rise in aging population and high disposable income has been driving the market. Key end users in this region include Hospitals, Clinics, and Home Healthcare among others.
Selected Strategic Analysis was done in the full report
- The price of Large Volume Infusion pumps will increase substantially as they are integrated into hospitals, clinics, and electronic medical records.
- The price for PCS pumps will decrease as the adoption rate increases during the forecast period.
- The Service Contracts play a major role in the pricing mechanism of these systems.
- High incidence of chronic diseases and the presence of clinics across the region are the key drivers for the growth of the market.
- Large volume infusion pumps are estimated to grow at a CAGR of 4.2% during the forecast to reach a revenue of $1 billion mark by 2021.
- The Home Healthcare end use segment is poised to exhibit the highest growth rate of 7.5%.
- Fresenius is the key player in Infusion Therapy Devices market with 19% of the market share. The company has a strong product line of infusion devices with presence across Europe.
- B Braun accounts for 15% of the overall market share. The others category contributed to 45% consisting of companies such as Medtronic, Roche Diagnostics, Pfizer, Kimberly-Clark, Smiths Medical and few others.
- Infusion Therapy Devices Market By Type:
- 1 Infusion Method
- 1 Intravenous
- 2 Arterial
- 3 Subcutaneous
- 4 Epidural
- 2 fusion Method
- 1 Continuous Infusion
- 2 Intermittent Infusion
- 3 Infusion-on-demand
- 4 Total Parenteral Infusion
- 3 Operation Type
- 1 Syringe Pump
- 2 Elastomeric Pump
- 3 Peristaltic Pump
- 4 Multi-Channel Pump
- 5 Smart Pump
- Infusion Devises Market by End-Use
- Hospitals
- Clinics
- Home Healthcare
- Infusion Therapy Devices Market By Geography (Covers 11 + Countries)
- Infusion Therapy Devices Market By Entropy
- Terumo
- Corporation
- Becton Dickinson
- Novartis International AG
- Hoospira Inc.
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10+
- Market Size by Product Categories
- Market trends
- Manufacturer Landscape
- Distributor Landscape
- Pricing Analysis
- Top 10 End-user Analysis
- Product Benchmarking
- Product Developments
- Mergers & Acquisition Analysis
- Patent Analysis
- Demand Analysis (By Revenue & Volume)
- Country-level Analysis (15+)
- Competitor Analysis
- Market Shares Analysis
- Value Chain Analysis
- Supply Chain Analysis
- Strategic Analysis
- Current & Future Market Landscape Analysis
- Opportunity Analysis
- Revenue and Volume Analysis
- Americas Market for Infusion Devices (2018-2023)
- Europe Market for Infusion Devices (2018-2023)
- APAC Market for Infusion Devices (2018-2023)
- RoW Market for Infusion Devices (2018-2023)
- Infusion Method Market for Infusion Devices (2018-2023)
- Infusion Type Market for Infusion Devices (2018-2023)
- Operation Type Market for Infusion Devices (2018-2023)
- Hospitals Market for Infusion Devices (2018-2023)
- Clinics Market for Infusion Devices (2018-2023)
- Home Healthcare Market for Infusion Devices (2018-2023)
- Large Volume Infusion Pumps Market for Infusion Pumps (2018-2023)
- Syringe Infusion Pumps Market for Infusion Pumps (2018-2023)
- Patient – Controlled Analgesia Market for Infusion Pumps (2018-2023)
- Ambulatory Infusion Pumps for Infusion Pumps (2018-2023)
- Chemotherapy Infusion Pumps Market for Infusion Pumps (2018-2023)
- Disposable Infusion Pumps Market for Infusion Pumps (2018-2023)
- Enteral Infusion Pumps Market for Infusion Pumps (2018-2023)
- Insulin Infusion Pumps Market for Infusion Pumps (2018-2023)
- Implantable Infusion Pumps Market for Infusion Pumps (2018-2023)
- Infusion Sets Market for Infusion Pumps (2018-2023)
- V. Sets Market for Infusion Pumps (2018-2023)
- Docking Stations Market for Infusion Pumps (2018-2023)
- Needleless Connectors Market for Infusion Pumps (2018-2023)
- Pump Reservoirs/Cartridges Market for Infusion Pumps (2018-2023)
- Valves and Filters Market for Infusion Pumps (2018-2023)
- Wireless Connectivity Market for Infusion Pumps (2018-2023)
- Barcode Readers Market for Infusion Pumps (2018-2023)
- Infusion Data Management/ Analysis Software
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