Becton, Dickinson and Company (US) and Baxter International Inc. (US) are Leading Players in the Infusion Pump Market
The global Infusion Pump market size is projected to reach USD 26.2 billion by 2029 from USD 17.1 billion in 2023, at a CAGR of 7.3% during the forecast period.
The rapid growth in the geriatric population and the increasing incidence of chronic diseases, the growing volume of surgical procedures performed, and rising demand for ambulatory infusion pumps are expected to attribute to the growth of the market in the coming years.
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The key players which are operating in the infusion pump market are Becton, Dickinson and Company (US), Baxter International Inc. (US), and B. Braun Melsungen AG (Germany). The players in the global infusion pump market have employed various strategies to expand their global footprints and increase their market shares.
BECTON, DICKINSON AND COMPANY
BD is the largest player in the infusion pump market. The company offers a wide range of products, including volumetric pumps, syringe pumps, and PCA pumps, under its market-leading brand—Alaris, along with dedicated disposables and non-dedicated accessories for infusion products.
BD markets its products through independent distribution channels and directly to end users through independent sales representatives. The company undertakes geographgical expansions and product launches to maintain and strengthen its position in the market.
BAXTER INTERNATIONAL INC.
Baxter International Inc. is one of ther leading players in the infusion pump market. The company has distribution and production facilities in more than 20 countries and markets its products in more than 100 countries. The company has an efficient sales network and undertakes expansion strategies in the US, Europe, and Asia. The company is refocusing its investments to support product development in areas where patients and healthcare professionals can benefit most.
B. BRAUN MELSUNGEN AG
B. Braun is one of the major players in the infusion pumps market in 2022. The company deals in different categories of infusion pumps and related accessories and consumables. Geographically, it operates across North America, Europe, the Asia Pacific, Africa, the Middle East, and Latin America, encompassing 299 consolidated comapneis globally. The major manufacturing centers for the company are located in the US, Germany, Brazil, China, France, India, Malaysia, Poland, Switzerland, Spain, and Hungary.
Related Reports:
Infusion Pump Market by Product (Devices: Insulin, Volumetric, Syringe, Enteral, Ambulatory, Implantable Pumps; Accessories), Type, Therapy (Chemo/Oncology, Diabetes, Hematology, Pediatrics), Setting (Hospitals, Home care) - Global Forecast to 2029
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