Table of Contents
Infusion pumps are devices which are used to administer fluids, nutrients or medication into a patient’s body in a controlled manner. There are many different types of infusion pumps and are used for a variety of purposes. Infusion pumps are capable of delivering fluids in large or small amounts, and are used to deliver nutrients or medications such as insulin or other hormones, antibiotics, chemotherapy drugs, and pain relievers. Infusion pumps combined with the accessories and the consumables account to the overall infusion therapy devices market in this report. This market is sometimes referred to also as the Medication management market.
Drug delivery market is currently dominated by oral administration followed by pulmonary and injectable or infusion based delivery. Both Nasal and trans-dermal delivery methods are gaining traction however and will be a major challenge in the next 10 years.
The global infusion pumps market alone is expected to increase from around $1.9bn in 2013 to around $2.7bn in 2020. The overall infusion devices market is expected to grow at around 5.8% during this forecast period. Global increase in elderly population as longevity rises and onset of various diseases in the 65+ age demographic will be a major market driver. New smart pumps being launched to meet the safety guidelines of regulatory bodies due to significant number of deaths due to medication mismanagement will be a major opportunity for key players.
The global infusion therapy devices market has been segmented into different types based on infusion method, infusion type and device operation type. The infusion pumps market is also specifically analyzed based on the end use applications, usage scenario and other specifications.
Accessories and consumables are also analyzed in great detail in the report like IV sets, docking stations, needleless connectors, cartridges and wireless connectivity etc. The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2013 are provided.
The prominent players profiled in this report are:
Baxter and others.
The report contains the most detailed and in-depth segmentation of the global infusion therapy devices market.
Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.
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