Fairfield Market Research 2031 Volumetric Infusion Pumps Market Share, Growth

Volumetric Infusion Pumps Market

Global Volumetric Infusion Pumps Industry Analysis, Size, Share, Growth, Trends and Forecast 2024-2031 - (By Product Coverage, By Application Coverage, By End Use Coverage, By Geographic Coverage and By Company)

Published Date: May 2024 | Format: | No. of Pages: 176

Industry: Medical Devices


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Global Volumetric Infusion Pumps Market Forecast

  • Global volumetric infusion pumps market size to reach US$1,600 Mn in 2031, up from US$980 Mn to be attained in 2024
  • Market revenue projected to exhibit a remarkable rate of expansion, at an estimated CAGR of 7.3% during 2024 - 2031

Volumetric Infusion Pumps Market Snapshot, 2024 - 2031

Quick Report Digest

  • The increasing prevalence of chronic diseases, technological advancements, and the ageing population's healthcare needs are driving market expansion.
  • North America remains dominant due to high healthcare expenditure and an ageing population, while Asia Pacific shows significant growth potential driven by rising incomes and healthcare investments.
  • Smart and connected infusion pumps are transforming the market with features like remote monitoring and error prevention, enhancing patient safety and treatment efficacy.
  • Key factors include chronic disease prevalence, technological advancements, and increasing hospitalisation rates, particularly in ageing populations.
  • Stringent regulatory requirements, high costs of advanced devices, and concerns about device safety and reliability hinder market growth.
  • Integration of IoT and connectivity features, shift towards ambulatory and home care settings, and expansion in emerging markets present notable opportunities for market players.
  • Regulatory standards ensure patient safety and device effectiveness but also pose challenges and opportunities for manufacturers, balancing innovation with compliance.
  • Peristaltic and cassette/piston pumps lead due to precise delivery, versatility, and high flow rates.
  • Key players include B. Braun Melsungen AG, Baxter International Inc., and Fresenius Kabi AG, with notable developments such as product innovations and strategic partnerships.

A Look Back and a Look Forward - Comparative Analysis

The volumetric infusion pumps market experienced steady growth from 2019 to 2023, fuelled by a confluence of factors. While specific market size data for the 2019-2023 period might be limited depending on the source, industry reports consistently predict a positive trajectory. This growth is expected to continue throughout the forecast period of 2024-2031, with various market research firms projecting a promising CAGR ranging from 6% to 9.2% depending on the specific pump type, and market segmentation.

Several key drivers are propelling this market forward. The rising prevalence of chronic diseases like diabetes and cancer necessitates the precise and controlled delivery of medications and fluids, a task ideally suited for volumetric infusion pumps. Additionally, the burgeoning geriatric population creates a greater demand for these devices due to the increased incidence of age-related illnesses. Furthermore, the shift towards ambulatory care settings and home healthcare is driving the demand for portable and user-friendly infusion pumps.

Geographically, North America is anticipated to remain the dominant market due to factors like high healthcare expenditure, established infrastructure, and a large ageing population. However, regions like Asia Pacific are expected to witness significant growth due to rising disposable incomes, increasing government investments in healthcare, and a growing base of chronic disease patients.

The market landscape is also undergoing a transformation with the emergence of smart and connected infusion pumps. These pumps offer advanced features like remote monitoring, data integration, and drug-delivery error prevention, which contribute to improved patient safety and treatment efficacy. While product recalls due to safety concerns remain a challenge, continuous advancements in technology and regulatory measures are expected to mitigate these risks.

Volumetric Infusion Pumps Market US$ Mn, 2024 - 2031

Key Growth Determinants

  • Increasing Prevalence of Chronic Diseases

The rise in chronic diseases such as diabetes, cancer, and cardiovascular disorders has led to a growing demand for volumetric infusion pumps. These pumps are essential for delivering precise and controlled doses of medication and fluids to patients undergoing long-term treatment, thereby driving market growth.

  • Increasing Integration of Smart Features

Ongoing technological advancements in volumetric infusion pumps, including the integration of smart features such as wireless connectivity, enhanced safety mechanisms, and intuitive user interfaces, are fuelling market expansion. These innovations improve the accuracy, efficiency, and safety of infusion therapy, consequently driving adoption among healthcare providers.

  • Ageing Population, and Rising Hospitalisation Rates

The ageing population globally is associated with an increased prevalence of age-related illnesses and conditions that require infusion therapy. Additionally, rising hospitalisation rates due to surgical procedures, trauma cases, and intensive care admissions contribute to the demand for volumetric infusion pumps. As healthcare facilities strive to enhance patient care and streamline medical procedures, the adoption of these devices is expected to surge, thereby propelling market growth.

Major Growth Barriers

  • Stringent Regulatory Requirements

The volumetric infusion pumps market faces challenges due to stringent regulatory standards imposed by health authorities worldwide. Compliance with regulations such as FDA approvals, CE marking, and ISO certifications necessitates extensive testing and validation processes, which can delay product launches and increase costs for manufacturers, thereby restraining market growth.

  • High Cost of Advanced Devices

The high initial cost associated with advanced volumetric infusion pump models, particularly those equipped with sophisticated features like wireless connectivity and integrated monitoring systems, acts as a barrier to adoption. Healthcare facilities, especially in resource-constrained settings, may hesitate to invest in these expensive devices, limiting market expansion.

  • Concerns Regarding Device Safety, and Reliability

Despite technological advancements, concerns regarding the safety and reliability of volumetric infusion pumps persist. Instances of device malfunctions, such as inaccurate drug delivery or infusion errors, raise apprehensions among healthcare providers and patients, leading to reluctance in adopting these devices and hindering market growth. Ensuring robust quality control measures and addressing safety issues are crucial for overcoming this restraint.

Key Trends and Opportunities to Look at

  • Integration of IoT, and Connectivity Features

One recent trend in the volumetric infusion pumps market is the integration of Internet of Things (IoT) technology and connectivity features into pump devices. This trend involves the incorporation of wireless connectivity, remote monitoring capabilities, and data analytics functionalities into infusion pumps.

With IoT-enabled pumps, healthcare providers can remotely monitor infusion parameters, track patient data in real-time, receive alerts for potential issues, and adjust treatment plans accordingly. This trend not only enhances patient care by enabling proactive intervention but also improves operational efficiency in healthcare facilities by streamlining infusion management processes.

  • Shift Toward Ambulatory and Home Care Settings

Another notable trend is the increasing adoption of volumetric infusion pumps in ambulatory and home care settings. Traditionally, infusion therapy was predominantly administered in hospital settings. However, advancements in pump technology, coupled with a growing emphasis on patient-centric care and cost-effective treatment options, have facilitated the expansion of infusion therapy beyond hospital walls.

Volumetric infusion pumps designed for portable use and equipped with battery-operated features are enabling patients to receive continuous infusion therapy in the comfort of their homes or in ambulatory care settings. This trend aligns with efforts to reduce healthcare costs, minimise hospital admissions, and improve a patient’s quality of life.

  • Untapped Opportunity in Developing Regional Pockets

One significant opportunity for volumetric infusion pump manufacturers lies in expanding their presence in emerging markets. Emerging economies are witnessing rapid urbanisation, improving healthcare infrastructure, and increasing healthcare expenditure, which are driving demand for advanced medical devices, including infusion pumps.

By strategically entering and investing in these markets, manufacturers can capitalise on the growing healthcare needs and leverage opportunities for market expansion. Additionally, customising product offerings to suit the specific requirements and budget constraints of emerging market healthcare systems can further enhance market penetration and competitiveness.

Volumetric Infusion Pumps Market DROs

How Does the Regulatory Scenario Shape this Industry?

The regulatory landscape significantly shapes the volumetric infusion pumps market by ensuring patient safety and device effectiveness. Stringent safety standards mandated by regulatory bodies compel manufacturers to prioritise features like alarms, dose accuracy checks, and tamper-proof mechanisms, inflating development costs but guaranteeing patient well-being. Compliance with regulations across different regions can be complex and expensive, potentially delaying product launches and adding to operational burdens for manufacturers.

On the other hand, regulations can also foster market growth and innovation. By ensuring a baseline level of quality and efficacy for infusion pumps, regulations build trust among healthcare providers and patients, potentially accelerating market adoption. However, overly stringent regulations can stifle innovation to an extent, as manufacturers might be hesitant to introduce groundbreaking features if the approval process is lengthy or unclear.

Product recalls due to safety issues, despite regulations, can damage manufacturer reputation and disrupt market stability. Additionally, regulatory bodies constantly adapt to keep pace with technological advancements, requiring manufacturers to stay updated on these changes to ensure their products remain compliant. In conclusion, navigating the regulatory landscape in the Volumetric Infusion Pumps market presents both challenges and opportunities. Striking a balance between robust regulations and fostering innovation is crucial for the industry's sustainable growth.

Fairfield’s Ranking Board

Top Segments

  • Peristaltic Volumetric Infusion Pumps Dominant with Precise and Controlled Delivery, and Versatility in Application

Peristaltic pumps are known for their ability to deliver medication and fluids with high precision and control. The mechanism involves squeezing flexible tubing to push fluids through, ensuring accurate dosing. This precise delivery is particularly crucial in applications requiring strict medication regimens, such as chemotherapy or critical care settings.

Peristaltic pumps exhibit versatility in their application, catering to a wide range of medical specialties and procedures. They are commonly used in neonatal care, anaesthesia, and pain management, where precise fluid delivery is paramount. Additionally, their compatibility with various tubing materials and sizes allows for flexibility in adapting to diverse clinical needs.

The reduced risk of contamination is another factor contributing to the dominance of this category. Peristaltic pumps offer a closed fluid pathway, minimising the risk of contamination and infection transmission between patients. This closed system design enhances patient safety, particularly in settings where infection control is a priority, such as intensive care units and operating rooms. Overall, the combination of precise delivery, versatility, and infection control features positions peristaltic volumetric infusion pumps as a top-performing segment in the market.

  • High Flow Rates, and Volume Capacity Uphold the Highest Potential of Cassette/Piston Volumetric Infusion Pumps

Cassette or piston-based infusion pumps are renowned for their ability to deliver high flow rates and accommodate large volume infusions. This makes them well-suited for applications requiring rapid fluid administration, such as in emergency situations, trauma care, and during surgery. The robust design of these pumps allows for reliable performance even under high-pressure conditions.

Regional Frontrunners

Advanced Healthcare Infrastructure Justifies North America’s Leadership

North America's volumetric infusion pumps market holds a dominant position driven by a combination of factors. The region benefits from a well-established healthcare infrastructure, characterised by advanced medical facilities, a highly trained workforce, and extensive healthcare expenditure.

The prevalence of chronic diseases among the ageing population necessitates precise medication delivery, making volumetric infusion pumps indispensable in healthcare settings. Consequently, there is robust demand for these pumps to ensure accurate and controlled administration of medications, fluids, and nutrients, contributing to the market's growth and leadership in North America.

Fairfield

Market Thrives in Asia Pacific as Adoption Picks Pace in Elderly Care

Asia Pacific's economic growth has led to rising disposable incomes, and increased healthcare spending, driving demand for advanced medical devices such as volumetric infusion pumps. Governments across Asia Pacific are also investing heavily in healthcare infrastructure to improve access to quality healthcare services, further stimulating market growth.

Additionally, the prevalence of chronic illnesses is on the rise due to lifestyle changes and an ageing population, creating a significant need for precise medication administration, particularly among the elderly. This demographic trend, coupled with increasing healthcare awareness, fuels the adoption of volumetric infusion pumps, making the Asia Pacific region a dynamic and fast-growing market for these devices.

Fairfield’s Competitive Landscape Analysis

The competition landscape in the volumetric infusion pumps market is characterised by intense rivalry among key players striving to maintain or enhance their market positions. Leading players in the market include B. Braun Melsungen AG, Baxter International Inc., Fresenius Kabi AG, Smiths Medical, and ICU Medical Inc. These companies employ various growth strategies to gain a competitive advantage and expand their market share.

One prevalent strategy is product innovation, wherein companies invest in research and development to introduce advanced infusion pump models with enhanced features such as wireless connectivity, integrated safety mechanisms, and user-friendly interfaces.

Additionally, strategic collaborations, partnerships, and acquisitions are common tactics employed by key players to broaden their product portfolios, access new markets, and leverage synergies. Furthermore, geographical expansion and market penetration initiatives, particularly in emerging economies, play a crucial role in sustaining growth and strengthening competitive positions in the global Volumetric Infusion Pumps Market.

Who are the Leaders in Global Volumetric Infusion Pumps Space?

  • B. Braun Melsungen AG
  • Fresenius Kabi AG
  • Terumo Corporation
  • ICU Medical, Inc.
  • Becton, Dickinson and Company
  • Smiths Medical
  • Woodley Equipment Company Ltd.
  • Mindray Medical International Ltd
  • ADOX S.A
  • Sino-Hero (Shenzhen) Bio-Medical Electronics Co. Ltd
  • Guangzhou Huaxi Medical Science Technology Co. Ltd.
  • ASCOR
  • Shenzhen Shenke Medical Instrument Technical Development Co. Ltd.
  • Daiwaha corp. ltd.
  • CONTEC MEDICAL SYSTEMS Co. Ltd

Significant Company Developments

  • June 2023:

In June 2023, Smiths Medical unveiled its latest volumetric infusion pump model, equipped with advanced features such as real-time data monitoring and customisable drug libraries. This innovative pump aims to enhance medication delivery accuracy and patient safety in clinical settings, catering to the evolving needs of healthcare providers.

  • September 2023:

Baxter International Inc. introduced a next-generation volumetric infusion pump in September 2023, featuring integrated connectivity capabilities and intuitive touchscreen interfaces. This cutting-edge pump facilitates seamless communication with electronic health records systems and enables remote monitoring, streamlining infusion management processes and improving clinical workflow efficiency.

  • November 2023:

Fresenius Kabi AG signed a distribution agreement in November 2023 with a leading healthcare distributor to expand the availability of its volumetric infusion pumps in key markets across Asia Pacific. This strategic partnership aims to strengthen Fresenius Kabi's market presence and enhance accessibility to its infusion pump solutions, thereby addressing the growing demand for advanced medical devices in the region.

An Expert’s Eye

  • Increasing Chronic Disease Burden

Analysts highlight the rising prevalence of chronic diseases worldwide, such as cancer, diabetes, and cardiovascular disorders, as a significant driver for the Volumetric Infusion Pumps Market. As the incidence of these conditions continues to grow, the demand for infusion therapy, facilitated by volumetric infusion pumps, is expected to rise correspondingly.

  • Technological Advancements

The continuous innovation and integration of advanced technologies into volumetric infusion p umps are expected to fuel market growth. Features such as wireless connectivity, remote monitoring, and smart algorithms improve the accuracy, efficiency, and safety of infusion therapy, driving adoption among healthcare providers.

  • Expanding Applications

Analysts anticipate an expansion of the applications of volumetric infusion pumps beyond traditional hospital settings, including home care and ambulatory settings. This shift towards decentralised care models aligns with the growing preference for patient-centric healthcare delivery and is likely to contribute to market growth.

Global Volumetric Infusion Pumps Market is Segmented as Below:

By Product:

  • Peristaltic
  • Cassette/Piston

By Application:

  • Chemotherapy/Oncology
  • Paediatrics/Neonatology
  • Analgesia
  • Haematology

By End User:

  • Hospitals
  • Ambulatory Surgical Centres
  • Clinics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middles East & Africa

1. Executive Summary
    1.1. Global Volumetric Infusion Pumps Market Snapshot
    1.2. Future Projections
    1.3. Key Market Trends
    1.4. Regional Snapshot, by Value, 2024
    1.5. Analyst Recommendations

2. Market Overview
    2.1. Market Definitions and Segmentations
    2.2. Market Dynamics
        2.2.1. Drivers
        2.2.2. Restraints
        2.2.3. Market Opportunities
    2.3. Value Chain Analysis
    2.4. Porter’s Five Forces Analysis
    2.5. COVID-19 Impact Analysis
        2.5.1. Supply
        2.5.2. Demand
    2.6. Impact of Ukraine-Russia Conflict
    2.7. Economic Overview
        2.7.1. World Economic Projections
    2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2019 - 2024
    3.1. Global Volumetric Infusion Pumps Market Production Output, by Region, Value (US$ Bn) and Volume (Million Units), 2019 - 2024
        3.1.1. North America
        3.1.2. Europe
        3.1.3. Asia Pacific
        3.1.4. Latin America
        3.1.5. Middle East and Africa

4. Price Analysis, 2019 - 2024
    4.1. Global Average Price Analysis, by Product/ Material, US$ Per Unit, 2019 - 2024
    4.2. Prominent Factor Affecting Volumetric Infusion Pumps Prices
    4.3. Global Average Price Analysis, by Region, US$ Per Unit

5. Global Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    5.1. Global Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        5.1.1. Key Highlights
            5.1.1.1. Peristaltic
            5.1.1.2. Cassette/ Piston
    5.2. Global Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        5.2.1. Key Highlights
            5.2.1.1. Chemotherapy/ Oncology
            5.2.1.2. Paediatrics/Neonatology
            5.2.1.3. Analgesia
            5.2.1.4. Hematology
    5.3. Global Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        5.3.1. Key Highlights
            5.3.1.1. Hospitals
            5.3.1.2. Ambulatory Surgical Centers
            5.3.1.3. Clinics
            5.3.1.4. Others
    5.4. Global Volumetric Infusion Pumps Market Outlook, by Region, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        5.4.1. Key Highlights
            5.4.1.1. North America
            5.4.1.2. Europe
            5.4.1.3. Asia Pacific
            5.4.1.4. Latin America
            5.4.1.5. Middle East & Africa

6. North America Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    6.1. North America Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        6.1.1. Key Highlights
            6.1.1.1. Peristaltic
            6.1.1.2. Cassette/ Piston
    6.2. North America Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        6.2.1. Key Highlights
            6.2.1.1. Chemotherapy/ Oncology
            6.2.1.2. Paediatrics/Neonatology
            6.2.1.3. Analgesia
            6.2.1.4. Hematology
    6.3. North America Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        6.3.1. Key Highlights
            6.3.1.1. Hospitals
            6.3.1.2. Ambulatory Surgical Centers
            6.3.1.3. Clinics
            6.3.1.4. Others
        6.3.2. BPS Analysis/Market Attractiveness Analysis
    6.4. North America Volumetric Infusion Pumps Market Outlook, by Country, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        6.4.1. Key Highlights
            6.4.1.1. U.S. Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            6.4.1.2. U.S. Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            6.4.1.3. U.S. Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            6.4.1.4. Canada Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            6.4.1.5. Canada Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            6.4.1.6. Canada Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    7.1. Europe Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        7.1.1. Key Highlights
            7.1.1.1. Peristaltic
            7.1.1.2. Cassette/ Piston
    7.2. Europe Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        7.2.1. Key Highlights
            7.2.1.1. Chemotherapy/ Oncology
            7.2.1.2. Paediatrics/Neonatology
            7.2.1.3. Analgesia
            7.2.1.4. Hematology
    7.3. Europe Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        7.3.1. Key Highlights
            7.3.1.1. Hospitals
            7.3.1.2. Ambulatory Surgical Centers
            7.3.1.3. Clinics
            7.3.1.4. Others
        7.3.2. BPS Analysis/Market Attractiveness Analysis
    7.4. Europe Volumetric Infusion Pumps Market Outlook, by Country, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        7.4.1. Key Highlights
            7.4.1.1. Germany Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.2. Germany Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.3. Germany Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.4. U.K. Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.5. U.K. Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.6. U.K. Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.7. France Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.8. France Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.9. France Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.10. Italy Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.11. Italy Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.12. Italy Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.13. Turkey Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.14. Turkey Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.15. Turkey Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.16. Russia Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.17. Russia Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.18. Russia Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.19. Rest of Europe Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.20. Rest of Europe Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            7.4.1.21. Rest of Europe Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    8.1. Asia Pacific Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        8.1.1. Key Highlights
            8.1.1.1. Peristaltic
            8.1.1.2. Cassette/ Piston
    8.2. Asia Pacific Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        8.2.1. Key Highlights
            8.2.1.1. Chemotherapy/ Oncology
            8.2.1.2. Paediatrics/Neonatology
            8.2.1.3. Analgesia
            8.2.1.4. Hematology
    8.3. Asia Pacific Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        8.3.1. Key Highlights
            8.3.1.1. Hospitals
            8.3.1.2. Ambulatory Surgical Centers
            8.3.1.3. Clinics
            8.3.1.4. Others
        8.3.2. BPS Analysis/Market Attractiveness Analysis
    8.4. Asia Pacific Volumetric Infusion Pumps Market Outlook, by Country, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        8.4.1. Key Highlights
            8.4.1.1. China Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.2. China Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.3. China Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.4. Japan Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.5. Japan Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.6. Japan Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.7. South Korea Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.8. South Korea Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.9. South Korea Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.10. India Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.11. India Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.12. India Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.13. Southeast Asia Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.14. Southeast Asia Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.15. Southeast Asia Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.16. Rest of Asia Pacific Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.17. Rest of Asia Pacific Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            8.4.1.18. Rest of Asia Pacific Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    9.1. Latin America Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        9.1.1. Key Highlights
            9.1.1.1. Peristaltic
            9.1.1.2. Cassette/ Piston
    9.2. Latin America Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        9.2.1. Key Highlights
            9.2.1.1. Chemotherapy/ Oncology
            9.2.1.2. Paediatrics/Neonatology
            9.2.1.3. Analgesia
            9.2.1.4. Hematology
    9.3. Latin America Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        9.3.1. Key Highlights
            9.3.1.1. Hospitals
            9.3.1.2. Ambulatory Surgical Centers
            9.3.1.3. Clinics
            9.3.1.4. Others
        9.3.2. BPS Analysis/Market Attractiveness Analysis
    9.4. Latin America Volumetric Infusion Pumps Market Outlook, by Country, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        9.4.1. Key Highlights
            9.4.1.1. Brazil Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.2. Brazil Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.3. Brazil Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.4. Mexico Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.5. Mexico Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.6. Mexico Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.7. Argentina Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.8. Argentina Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.9. Argentina Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.10. Rest of Latin America Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.11. Rest of Latin America Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            9.4.1.12. Rest of Latin America Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Volumetric Infusion Pumps Market Outlook, 2019 - 2031
    10.1. Middle East & Africa Volumetric Infusion Pumps Market Outlook, by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        10.1.1. Key Highlights
            10.1.1.1. Peristaltic
            10.1.1.2. Cassette/ Piston
    10.2. Middle East & Africa Volumetric Infusion Pumps Market Outlook, by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        10.2.1. Key Highlights
            10.2.1.1. Chemotherapy/ Oncology
            10.2.1.2. Paediatrics/Neonatology
            10.2.1.3. Analgesia
            10.2.1.4. Hematology
    10.3. Middle East & Africa Volumetric Infusion Pumps Market Outlook, by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        10.3.1. Key Highlights
            10.3.1.1. Hospitals
            10.3.1.2. Ambulatory Surgical Centers
            10.3.1.3. Clinics
            10.3.1.4. Others
        10.3.2. BPS Analysis/Market Attractiveness Analysis
    10.4. Middle East & Africa Volumetric Infusion Pumps Market Outlook, by Country, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        10.4.1. Key Highlights
            10.4.1.1. GCC Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.2. GCC Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.3. GCC Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.4. South Africa Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.5. South Africa Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.6. South Africa Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.7. Egypt Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.8. Egypt Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.9. Egypt Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.10. Nigeria Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.11. Nigeria Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.12. Nigeria Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.13. Rest of Middle East & Africa Volumetric Infusion Pumps Market by Product, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.14. Rest of Middle East & Africa Volumetric Infusion Pumps Market by Application, Value (US$ Bn) and Volume (million Units), 2019 - 2031
            10.4.1.15. Rest of Middle East & Africa Volumetric Infusion Pumps Market by End User, Value (US$ Bn) and Volume (million Units), 2019 - 2031
        10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape
    11.1. By End User vs by Application Heat map
    11.2. Manufacturer vs by Application Heatmap
    11.3. Company Market Share Analysis, 2024
    11.4. Competitive Dashboard
    11.5. Company Profiles
        11.5.1. B. Braun Melsungen AG
            11.5.1.1. Company Overview
            11.5.1.2. Product Portfolio
            11.5.1.3. Financial Overview
            11.5.1.4. Business Strategies and Development
        11.5.2. Fresenius Kabi AG
            11.5.2.1. Company Overview
            11.5.2.2. Product Portfolio
            11.5.2.3. Financial Overview
            11.5.2.4. Business Strategies and Development
        11.5.3. Terumo Corporation
            11.5.3.1. Company Overview
            11.5.3.2. Product Portfolio
            11.5.3.3. Financial Overview
            11.5.3.4. Business Strategies and Development
        11.5.4. ICU Medical, Inc.
            11.5.4.1. Company Overview
            11.5.4.2. Product Portfolio
            11.5.4.3. Financial Overview
            11.5.4.4. Business Strategies and Development
        11.5.5. Becton, Dickinson and Company
            11.5.5.1. Company Overview
            11.5.5.2. Product Portfolio
            11.5.5.3. Financial Overview
            11.5.5.4. Business Strategies and Development
        11.5.6. Smiths Medical
            11.5.6.1. Company Overview
            11.5.6.2. Product Portfolio
            11.5.6.3. Financial Overview
            11.5.6.4. Business Strategies and Development
        11.5.7. Woodley Equipment Company Ltd.
            11.5.7.1. Company Overview
            11.5.7.2. Product Portfolio
            11.5.7.3. Financial Overview
            11.5.7.4. Business Strategies and Development
        11.5.8. Mindray Medical International Ltd
            11.5.8.1. Company Overview
            11.5.8.2. Product Portfolio
            11.5.8.3. Financial Overview
            11.5.8.4. Business Strategies and Development
        11.5.9. ADOX S.A
            11.5.9.1. Company Overview
            11.5.9.2. Product Portfolio
            11.5.9.3. Financial Overview
            11.5.9.4. Business Strategies and Development
        11.5.10. Sino-Hero (Shenzhen) Bio-Medical Electronics Co. Ltd
            11.5.10.1. Company Overview
            11.5.10.2. Product Portfolio
            11.5.10.3. Financial Overview
            11.5.10.4. Business Strategies and Development
        11.5.11. Guangzhou Huaxi Medical Science Technology Co. Ltd.
            11.5.11.1. Company Overview
            11.5.11.2. Product Portfolio
            11.5.11.3. Financial Overview
            11.5.11.4. Business Strategies and Development
        11.5.12. ASCOR
            11.5.12.1. Company Overview
            11.5.12.2. Product Portfolio
            11.5.12.3. Financial Overview
            11.5.12.4. Business Strategies and Development
        11.5.13. Shenzhen Shenke Medical Instrument Technical Development Co. Ltd.
            11.5.13.1. Company Overview
            11.5.13.2. Product Portfolio
            11.5.13.3. Financial Overview
            11.5.13.4. Business Strategies and Development
        11.5.14. Daiwaha corp. ltd.
            11.5.14.1. Company Overview
            11.5.14.2. Product Portfolio
            11.5.14.3. Financial Overview
            11.5.14.4. Business Strategies and Development
        11.5.15. CONTEC MEDICAL SYSTEMS Co. Ltd
            11.5.15.1. Company Overview
            11.5.15.2. Product Portfolio
            11.5.15.3. Financial Overview
            11.5.15.4. Business Strategies and Development

12. Appendix
    12.1. Research Methodology
    12.2. Report Assumptions
    12.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2023

 

2019 - 2023

2024 - 2031

Value: US$ Billion

 

REPORT FEATURES

DETAILS

Product Coverage

  • Peristaltic
  • Cassette/ Piston

Application Coverage

  • Chemotherapy/ Oncology
  • Paediatrics/Neonatology
  • Analgesia
  • Hematology

End Use Coverage

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Others

Geographical Coverage

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • The United Kingdom
    • Spain
    • Germany
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • Japan
    • China
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • New Zealand
    • Southeast Asia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of LATAM
  • Middles East & Africa
    • Saudi Arabia
    • UAE
    • Lebanon
    • Jordan
    • Cyprus

Leading Companies

  • B. Braun Melsungen AG
  • Fresenius Kabi AG
  • Terumo Corporation
  • ICU Medical, Inc.
  • Becton, Dickinson and Company
  • Smiths Medical
  • Woodley Equipment Company Ltd.
  • Mindray Medical International Ltd
  • ADOX S.A
  • Sino-Hero (Shenzhen) Bio-Medical Electronics Co. Ltd
  • Guangzhou Huaxi Medical Science Technology Co. Ltd.
  • ASCOR
  • Shenzhen Shenke Medical Instrument Technical Development Co. Ltd.
  • Daiwaha corp. ltd.
  • CONTEC MEDICAL SYSTEMS Co. Ltd

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Volumetric Infusion Pumps Market

Volumetric infusion pumps deliver fluids at a constant rate over a specified time, ensuring precise volume delivery. This differs from syringe pumps, which deliver fluids in discrete volumes, and ambulatory pumps, which are designed for patient mobility.

Volumetric infusion pumps are primarily used for intravenous administration of medications, fluids, and nutrients in various clinical settings, including hospitals, ambulatory care centers, and home healthcare.

Anticipated advancements include the integration of artificial intelligence for predictive maintenance and error detection, improved connectivity for seamless data exchange with electronic health records, and the development of smaller, more portable pump models for increased patient mobility.

Volumetric infusion pumps help enhance patient safety by ensuring accurate medication dosing, reducing the risk of medication errors, minimizing fluid overload or underdose, and providing alarm systems to alert healthcare providers of potential issues during infusion.

B. Braun Melsungen AG, Baxter International Inc., and Fresenius Kabi AG are some of the leading companies steering the global market for volumetric infusion pumps.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
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