Infusion System Market Share, Growth And Trends Analysis By Product Type (Iv Disposable, Infusion Pump, Others); By Application (Chemotherapy, Diabetes, Gastrointestinal Diseases, Pediatrics, And Others); By End User (Hospitals, Specialty Oncology Wards, Homecare) – Forecast To 2027
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The steady growth of the global infusion system market has been explored in a research report published by Market Research Future (MRFR) that estimates expansion for this market with 5% CAGR between 2017 and 2023. In terms of cash, the market is likely to rise to the US $ 9.7 bn during the forecast period.
The global infusion system market has been segmented on the basis of application, end user, type, and lastly, region. As per the application, this market has been segmented into chemotherapy, diabetes, gastrointestinal disorders, pediatrics, and others. Based on the end user, the market has been segmented into ambulatory surgical centers, home care, and hospitals. By type, the market has been segmented into the ambulatory pump, syringe pump, and volumetric pump. According to the report, the volumetric pump holds the largest share of 37.1% of the market.
The Asia Pacific is a market that has lots of potential for the growth of the infusion system market because many continuously growing economies exist in this region. During the forecast period, it is expected to emerge as the fastest growing regional market with 5.4% CAGR. The recent developments in healthcare, improving economies, rising per capita income are leading to the growth of the market in this region. The maximum revenue of this market comes from Australia, China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region.
Segmentation Overview
The market is segmented on the basis of product type which comprises of IV disposable, infusion pump, and others. The global infusion system market is expected to witness decent growth during the forecast period.
By Application
Based on the application, the market is segmented into oncology, gastrointestinal diseases, cardiology, and musculoskeletal disorders.
By end-users
Based on the propulsion types, the market is segmented into diagnostic centers, and hospitals & clinics.
Key Players
The key players in the global infusion system market include 3M (USA), Asante (USA), Baxter International, Inc. (the USA), B. Braun Melsungen AG (Germany), Becton Dickinson & Company (USA), Biomedical Solutions (USA), CareFusion Corporation (USA), Flowonix Medical Inc (USA), Fresenius Kabi (Germany), Hospira, Inc (USA), ICU Medical, Inc. (USA), Johnson & Johnson (USA), Medtronic plc (Ireland), Micromed (UK), Mircel Medical Device (Greece), Moog Inc (USA), Pfizer, Inc. (USA), Q-Core (Israel), Roche Diagnostics (Switzerland), Smiths Medical (U.K.), Stryker (USA), and Terumo Medical Corporation (Japan).
Latest Industry News
- Aiming to reinvent the infusion process, Eli Probst and Todd Metlen have teamed up to design and develop the Infuzi Brio, the world’s first ultrasonic infuser. The Infuzi Brio uses ultrasonic technology to infuse the flavor of fruit, herbs, nuts, and spices into liquor in a matter of hours, instead of days or weeks. 14 SEP 2018
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