The North America infusion pumps market is projected to reach US$ 6,974.6 Mn by 2025, growing from US$ 4,488.1 Mn in 2018 at a CAGR of 6.5% (2019-2025).
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Infusion pumps are widely used in hospitals, nursing homes, and some types of infusion pumps can be used at home too. Infusion pumps are used to deliver medications such as, insulin or other hormones, antibiotics, chemotherapy drugs, and pain relievers. Thus rising prevalence of chronic diseases like cancer, diabetes and others drives the market growth. Diabetes is one of the largest global health emergencies of the 21st century. Each year more and more people live with this condition, which can result in life-changing complications. According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period. Also, according to the World Health Organization in 2018, cancer was the second leading cause of death across the globe, and is responsible for an estimated 9.6 million deaths in 2018. Furthermore, the American Cancer Society estimated that in 2018, 1,735,350 new cancer cases were diagnosed in 2018. Infusion pumps are also used to treat heart failure that helps in relieving and controlling the symptoms. According to Emory Healthcare in 2018, around 5 million people in America suffer from congestive heart failure (CHF). Thus, the increasing incidences of chronic diseases poses several opportunities for the infusion pumps market to grow during the forecast period in the region.
US is expected to lead the market in the North America region owing to increasing prevalence of diabetic diseases, obesity, hormonal dysfunctions and others in the country. Whereas, steady drug injection is majorly required, rapid growth of the geriatric population, increasing awareness among patient population, technological advancements in infusion pump and favorable reimbursement policies are expected to fuel the growth of infusion pumps market in the US. Therefore, considering the above-mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.
Market Growth Drivers:
- Rising Prevalence of Chronic Diseases โ Increasing cases of diabetes, cancer, and neurological disorders necessitate the use of infusion pumps for precise medication delivery.
- Surge in Surgical Procedures โ A growing number of complex surgeries are driving demand for advanced infusion systems.
- Aging Population โ The geriatric demographic, which is more prone to chronic illnesses, is boosting the adoption of infusion pumps.
- Technological Advancements โ Innovations such as wireless connectivity, smart pumps, and integration with electronic health records (EHRs) are enhancing efficiency and safety.
- Home Healthcare Expansion โ The shift towards home-based care is increasing the demand for user-friendly and portable infusion devices.
Market Challenges:
- Frequent Product Recalls โ Manufacturing defects, safety concerns, and software issues have led to multiple recalls, affecting market growth.
- Stringent Regulatory Requirements โ Compliance with FDA and other regulatory bodies poses a challenge for new market entrants.
- High Costs โ Advanced infusion pumps are expensive, limiting adoption in cost-sensitive settings.
Emerging Trends:
- Integration of AI & IoT โ Smart infusion pumps with AI-driven monitoring and IoT connectivity are gaining traction.
- Growing Preference for Ambulatory Infusion Pumps โ Portable and wearable infusion pumps are witnessing increased adoption for outpatient care.
- Strategic Collaborations & Mergers โ Key players are forming partnerships to enhance product portfolios and expand market reach.
The North America infusion pumps market is expected to remain on a steady growth trajectory, driven by evolving healthcare needs and technological innovations.
NORTH AMERICA INFUSION PUMPS โ MARKET SEGMENTATION
| Category | Subcategories |
| By Type | Ambulatory Pumps, Enteral Pumps, PCA Pumps, Insulin Pumps, Volumetric Pumps, Smart Pumps, Elastomeric Pumps, Syringe Pumps, Accessories |
| By Application | Diabetes, Chemotherapy, Gastrointestinal Diseases, Pediatrics |
| By End User | Hospitals & Clinics, Ambulatory Surgical Centers, Homecare |
| By Geography | North America (US, Canada, Mexico) |
| Company Profiles | BD, Terumo Corporation, F. Hoffman-La Roche Ltd, B. Braun Melsungen AG, Medtronic, Baxter, Smith Medical, Moog Inc., ICU Medical, Inc., Insulet Corporation |
North America Infusion Pumps Strategic Insights
Strategic insights for the North America Infusion Pumps provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Infusion Pumps Regional Insights
The geographic scope of the North America Infusion Pumps refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Authorโs Bio
Akshay
Senior Market Research Expert at Business Market Insights
