Infusion Therapy Devices Market 2022-2028

Description

List of Tables

Title: Global Infusion Therapy Devices Market Size, Share & Trends Analysis Report by Product Type (Infusion Pumps, and Consumables and Accessories) by Application(Oncology, Diabetes, Gastroenterology, Analgesia, Hematology, and Others) by End User(Hospitals, Homecare, and Ambulatory Surgery Center) Forecast 2021-2028.

The global infusion therapy devices market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. The key driver in the infusion therapy devices market is the rising trend of receiving care at home instead of in healthcare facility or other care places, home care facility includes nursing services that assists and educates patients regarding the safe intravenous administration of drugs. For instance, according to Phinational.org, in 2019 nearly 2.3 million home care workers provide personal assistance and health care support to older adults and people with disabilities. Another factor that fueled the growth of the global infusion therapy devices market is the rise in the number of rheumatoid arthritis, Crohn's disease, immune deficiencies, and multiple sclerosis. Hence increase in application areas of infusion therapy creates an immense opportunity for market players to expand their services. This, in turn, is projected to drive the global infusion therapy devices market.

The global infusion therapy devices market is segmented on the basis of product type, application, and end-user. Based on the product type, the market is classified into infusion pumps and consumables and accessories. Based on the application, the market is segregated into oncology, diabetes, gastroenterology, analgesia, hematology, and others. The end-user segment is classified into hospitals, home care, and ambulatory surgery centers. Based on application, the gastroenterology segment is projected to attain a favorable growth, owing to a rapid rise in gastrointestinal diseases, due to unhealthy dietary habits, the opening of new clinical trials with accurate results, and an increase in the healthcare expenditure.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is projected to witness a significant growth during the forecast period. The growth is augmented to growing awareness regarding the treatment used to treat a wide range of chronic disorders and the rise in the adoption of innovative technologies.

The major companies serving the global infusion therapy devices market are B. Braun Melsungen AG, Becton, Dickinson and Co., Medtronic PLC, Novartis AG, Terumo Europe NV, Fresenius SE & Co. KGaA, ICU Medical, Inc., Infuserve America Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2022, Ivenix announced it has implemented its smart infusion pump at the Fort HealthCare hospitals in Wisconsin. Ivenix designed the infusion pump with a combination of a large volume infusion pump and infusion management software, which offer the patient census to know detailed information and elevates the nurse experience.

Research Methodology

The market study of the global infusion therapy devices market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Infusion Therapy Devices Market Research and Analysis by Product Type

2. Global Infusion Therapy Devices Market Research and Analysis by Application

3. Global Infusion Therapy Devices Market Research and Analysis by End User

The Report Covers:

Comprehensive Research Methodology of the global infusion therapy devices market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global infusion therapy devices market.
Insights about market determinants that are stimulating the global infusion therapy devices market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026471

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Infusion Therapy Devices Market
Recovery Scenario of Global Infusion Therapy Devices Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight and Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key CompanyAnalysis
- 3.1.1. B. Braun Melsungen AG
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Becton, Dickinson and Co.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Medtronic PLC
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Novartis AG
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Terumo Europe NV
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Determinants

4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation

5.1. Global Infusion Therapy Devices Market by Product Type

5.1.1. Infusion Pumps

5.1.2.Consumables and Accessories

5.2. Global Infusion Therapy Devices Market by Application
- 5.2.1. Oncology
- 5.2.2. Diabetes
- 5.2.3. Gastroenterology
- 5.2.4. Analgesia
- 5.2.5. Hematology
- 5.2.6. Others(Pediatrics)
5.3. Global Infusion Therapy Devices Market by End-User
- 5.3.1. Hospitals
- 5.3.2. Homecare
- 5.3.3. Ambulatory Surgery Centers

6. Regional Analysis

6.1. North America
- 6.1.1. United States
- 6.1.2. Canada
6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles

7.1. Agiliti Health, Inc.
7.2. Avanos Medical, Inc.
7.3. Baxter International Inc.
7.4. Fresenius SE & Co. KGaA
7.5. ICU Medical, Inc.
7.6. Infuserve America Inc.
7.7. Ivenix, Inc.
7.8. JMS Co., Ltd.
7.9. Johnson & Johnson Services, Inc.
7.10. Moog Inc.
7.11. Pall Corp.
7.12. Smiths Group PLC
7.13. Terumo Corp.