Intravenous Infusion Pumps Market To Procure Massive Returns Worth USD 8.9 Bn Revenue By 2028

16-Nov-2021 | Zion Market Research

As per the findings of Zion Market Research study, Intravenous Infusion Pumps industry garnered profits worth US$ 4.7 billion in 2020 and is anticipated to amass revenue of approximately US$ 8.9 billion by 2028. Moreover, Intravenous Infusion Pumps market is expected to record a CAGR of approximately 8.1% in 2021-2028. Moreover, expansion of intravenous infusion pumps market over assessment period is due to rise in number of diabetic patients, chronic disorders, and cancer. In addition to this, humungous use of product in hospitals, clinics, ambulatory units, and nursing homes will promulgate expansion of intravenous infusion pumps industry over years ahead. Necessity of delivering fluids such as medicines, nutrients, and antibiotics in patient body in controlled environment is predicted to open new avenues of growth for intravenous infusion pumps market in coming years. Need for minimizing stay at hospitals has resulted in rapid acceptance of ambulatory infusion pumps due to its cost-effectiveness, thereby driving market trends. Large-scale use of intravenous infusion pumps in medical services including private units, home-care settings, critical care, and outpatient centers will proliferate size of intravenous infusion pumps market.

Volumetric Infusion Pumps Segment To Dominate Product Landscape By 2028

Growth of segment over forecast period can be credited to rise in acceptance of product owing to its abilities like electronic health record integration, drug libraries, and built-in safety tools. Furthermore, increase in use of volumetric infusion pumps in home healthcare sector will result in segmental expansion over forthcoming years.

Hospital & Clinics Segment To Make Commendable Contributions Towards Overall Market Share By 2028

Expansion of hospital & clinics segment over anticipated timespan can be credited to easy availability of smart & advanced intravenous infusion pumps in hospital & clinics. In addition to this, growing occurrence of chronic disorders along with surge in healthcare expenditure will proliferate segmental growth over upcoming years.

Asia Pacific Intravenous Infusion Pumps Market To Register Highest CAGR Over 2021-2028

Growth of intravenous infusion pumps market in Asia Pacific over forecast timeline can be ascribed to surge in cases of chronic disorders such as diabetes and cancer. Apart from this, increase in number of surgeries and acceptance of medical equipment will spur size of intravenous infusion pumps market in ensuing years. Presence of regional players will contribute massively towards intravenous infusion pumps industry over forthcoming years.

Key participants profiled in study and strongly impacting growth of intravenous infusion pumps industry are Baxter International Inc., ICU Medical, Inc., Mindray, Smiths Medical, B. Braun Melsungen AG, Terumo Corporation, Becton, Dickinson and Company, Moog Inc., IRadimed Corporation, and Zyno Medical. 

Browse the full Intravenous Infusion Pumps Market - By Product (Volumetric Pumps, Syringe Pumps, And Patient –Controlled Analgesia Pumps), By End-User (Hospitals & Clinics And Home Healthcare), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/intravenous-infusion-pumps-market

The global Intravenous Infusion Pumps Market is segmented as follows:

By Product

  • Volumetric Pumps
  • Syringe Pumps
  • Patient –Controlled Analgesia Pumps

By End-User

  • Hospitals & Clinics
  • Home Healthcare

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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