HOME Research Insight Infusion Pumps and Accessories Market: Insulin Infusion Pumps, Patient-controlled Analgesia Pumps, and Implantable Pumps Offer Significant Growth Opportunities across the Globe



Infusion Pumps and Accessories Market: Insulin Infusion Pumps, Patient-controlled Analgesia Pumps, and Implantable Pumps Offer Significant Growth Opportunities across the Globe


The global infusion pumps and accessories market was majorly dominated by North America, followed by Europe and Asia-Pacific in 2013. Though the Asia-Pacific and Latin American regions have high growth opportunities, North America will continue to dominate the infusion pumps and accessories market till 2018.

The market share of North America will decrease slightly, primarily due to the saturation of devices sales in this region and the shifting focus of infusion pump providers to the BRIC countries. The growth of the Asian market will be primarily driven by India and China due to the rising demand for healthcare driven by increasing chronic diseases, growth in per capita income, and awareness about new healthcare technologies. The European market is expected to grow at a slightly higher pace than that of North America mainly due to the rising aging population resulting into high prevalence of chronic diseases and also due the recovery of the European nations from the economic crisis. The increase in demand for flexible and automated wireless infusion devices and continuous efforts of infusion pump manufacturers to offer superior quality products will help grow the infusion pumps and accessories market across the globe.

Infusion accessories are expected to grow with a higher CAGR than infusion devices (pumps). The demand for accessories for new as well as for already-installed infusion devices will support this high growth. The insulin infusion devices (pumps) segment is expected to grow at a higher CAGR of 8.5% from 2013 to 2018. This is primarily due to the increasing prevalence of diabetes and increasing acceptance for new insulin infusion devices enabling their home care use. Also, the increasing application of infusion devices in pain management and implantable deliveries is estimated to drive the growth of these segments at a higher CAGR from 2013 to 2018. Therefore, these are lucrative market segments for infusion pumps manufacturers to invest in.

Chemotherapy will remain a major application area for infusion pumps and accessories till 2018. However, infusion systems will witness high growth for their applications in diabetes and pain management.

Related Reports:

Infusion Pumps & Accessories Market by Product (Volumetric, Syringe, Enteral, Insulin, Implantable, PCA Pump), Application (Diabetes, Chemotherapy, Nutrition, Pain Management) & by End-user (Hospital, Home Healthcare) - Global Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/infusion-pumps-accessories-market-90374506.html

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