- Insulin Pumps
- Volumetric Infusion Pumps
- Ambulatory Infusion Pumps
- Disposable Infusion Pumps
- Others
The global infusion pumps market size was valued at USD 17.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2030 to reach USD 29 billion in 2030. The Infusion Pumps Market refers to the global market for medical devices known as infusion pumps. These devices are used to deliver fluids, such as medications or nutrients, into a patient's body in a controlled manner. Infusion pumps are used to administer precise amounts of medications, including chemotherapy drugs, antibiotics, and pain medications. They are crucial for delivering fluids, electrolytes, and nutrients intravenously to patients who cannot take these orally. The infusion pump market is currently growing rapidly due to advancements in technology, and an uptick in chronic disease cases.
By integrating connectivity solutions and IoT, healthcare providers can now remotely monitor patients more effectively, improving treatment outcomes. Moreover, the rising demand for personalized medicine has spurred the need for infusion pumps that offer customizable therapy options and adjustable dosing, which in turn is fueling market growth. Government initiatives are significantly contributing to the expansion of the market. Many countries are boosting their healthcare expenditures to enhance medical access for their populations, which is expected to drive greater demand for medical devices like infusion pumps. However, some of the restraints in the infusion pump market include stringent regulatory requirements for device approval, potential risks associated with device malfunctions or misuse, and the high initial costs of advanced technological devices limiting affordability for some healthcare providers and patients.
Infusion Pumps Market Key Developments:
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The growing incidence of injuries and trauma cases is projected to increase the demand for drug infusions, thereby driving growth in the segment over the forecast period. For example, according to the Road Safety Observatory's February 2022 report, police recorded 3,728 injury accidents in France in January 2022, up from 3,508 in 2021. The rise in road accidents results in blood loss and necessitates emergency transfusions, which is expected to further boost segment expansion in the coming years. Moreover, advancements in infusion pump technology and the increase in regulatory approvals are expected to drive growth in the segment. For example, in March 2022, Fresenius Kabi obtained FDA clearance for its wireless Agilia Connect infusion system, featuring the Agilia volumetric pump, Agilia syringe pump, and Vigilant Master Med software suite. This system, adhering to TIR101 standards set by the Association for the Advancement of Medical Instrumentation (AAMI) in 2021, marks a significant advancement in the field.
The global infusion pumps market size was valued at USD 17.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2030 to reach USD 29 billion in 2030.
The global infusion pumps market is segmented based on type, technology, indication, and geography.
The leading players in the market of infusion pumps are Terumo Corporation, Medtronic Plc, Smiths Medical, MOOG Inc., B. Braun Melsungen AG, Fresenius Kabi AG, Terumo Corporation, CareFusion Corporation, BD, ICU Medical, Inc., and Baxter International Inc.
North America is poised to command a significant share of the infusion pumps and accessories market, driven by factors such as the rising prevalence of chronic diseases, substantial healthcare expenditures, increased surgical interventions for chronic conditions, heightened research and development investments, and the presence of key industry players in the region.
The Asia Pacific market for infusion pumps will grow at a lucrative rate in the coming years, owing to the rise in the incidence of chronic illnesses including cancer and diabetes worldwide. Furthermore, the increased significance of healthcare in developing countries, primarily India and China will also support the growth.
1. Executive Summary |
2. Global Infusion Pumps Market Introduction |
2.1.Global Infusion Pumps Market - Taxonomy |
2.2.Global Infusion Pumps Market - Definitions |
2.2.1.Type |
2.2.2.Technology |
2.2.3.Indication |
2.2.4.Region |
3. Global Infusion Pumps Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Infusion Pumps Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Infusion Pumps Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Insulin Pumps |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Volumetric Infusion Pumps |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Ambulatory Infusion Pumps |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Disposable Infusion Pumps |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Infusion Pumps Market By Technology , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Traditional Infusion Pumps |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Specialty Infusion Pumps |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Infusion Pumps Market By Indication, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Chemotherapy/Oncology |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Diabetes |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Hematology |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Pediatrics |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Infusion Pumps Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Infusion Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Insulin Pumps |
9.1.2.Volumetric Infusion Pumps |
9.1.3.Ambulatory Infusion Pumps |
9.1.4.Disposable Infusion Pumps |
9.1.5.Others |
9.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Traditional Infusion Pumps |
9.2.2.Specialty Infusion Pumps |
9.3. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Chemotherapy/Oncology |
9.3.2.Diabetes |
9.3.3.Hematology |
9.3.4.Pediatrics |
9.3.5.Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Infusion Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Insulin Pumps |
10.1.2.Volumetric Infusion Pumps |
10.1.3.Ambulatory Infusion Pumps |
10.1.4.Disposable Infusion Pumps |
10.1.5.Others |
10.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Traditional Infusion Pumps |
10.2.2.Specialty Infusion Pumps |
10.3. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Chemotherapy/Oncology |
10.3.2.Diabetes |
10.3.3.Hematology |
10.3.4.Pediatrics |
10.3.5.Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11. Asia Pacific (APAC) Infusion Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Insulin Pumps |
11.1.2.Volumetric Infusion Pumps |
11.1.3.Ambulatory Infusion Pumps |
11.1.4.Disposable Infusion Pumps |
11.1.5.Others |
11.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Traditional Infusion Pumps |
11.2.2.Specialty Infusion Pumps |
11.3. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Chemotherapy/Oncology |
11.3.2.Diabetes |
11.3.3.Hematology |
11.3.4.Pediatrics |
11.3.5.Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12. Middle East and Africa (MEA) Infusion Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Insulin Pumps |
12.1.2.Volumetric Infusion Pumps |
12.1.3.Ambulatory Infusion Pumps |
12.1.4.Disposable Infusion Pumps |
12.1.5.Others |
12.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Traditional Infusion Pumps |
12.2.2.Specialty Infusion Pumps |
12.3. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Chemotherapy/Oncology |
12.3.2.Diabetes |
12.3.3.Hematology |
12.3.4.Pediatrics |
12.3.5.Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Infusion Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Insulin Pumps |
13.1.2.Volumetric Infusion Pumps |
13.1.3.Ambulatory Infusion Pumps |
13.1.4.Disposable Infusion Pumps |
13.1.5.Others |
13.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Traditional Infusion Pumps |
13.2.2.Specialty Infusion Pumps |
13.3. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Chemotherapy/Oncology |
13.3.2.Diabetes |
13.3.3.Hematology |
13.3.4.Pediatrics |
13.3.5.Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Terumo Corporation |
14.2.2.Medtronic Plc |
14.2.3.Smiths Medical |
14.2.4.MOOG Inc. |
14.2.5.Braun Melsungen AG |
14.2.6.Fresenius Kabi AG |
14.2.7.Terumo Corporation |
14.2.8.CareFusion Corporation |
14.2.9.BD |
14.2.10.ICU Medical, Inc. |
14.2.11.Baxter International Inc. |
15. Research Methodology |
16. Appendix and Abbreviations |