PUBLISHER: The Business Research Company | PRODUCT CODE: 1829909
PUBLISHER: The Business Research Company | PRODUCT CODE: 1829909
Infusion therapy devices are medical tools used to administer fluids, medications, nutrients, or blood products directly into a patient's bloodstream. These devices are highly versatile, enhancing patient care by ensuring the accurate and controlled delivery of fluids, medications, and nutrition.
The main types of infusion therapy devices include intravenous (IV) sets, cannulas, and needleless connectors. Infusion pumps are specialized devices that deliver controlled amounts of fluids, medications, or nutrients into a patient's body. These pumps come in various mobility options, such as portable and stationary pumps, and are used for different applications including oncology, diabetes, pain management, and more. They serve a wide range of end users, including hospitals, clinics, ambulatory surgical centers, home care settings, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.
The infusion therapy devices market research report is one of a series of new reports from The Business Research Company that provides infusion therapy devices market statistics, including infusion therapy devices industry global market size, regional shares, competitors with infusion therapy devices market share, detailed infusion therapy devices market segments, market trends and opportunities, and any further data you may need to thrive in the infusion therapy devices industry. This infusion therapy devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The infusion therapy devices market size has grown rapidly in recent years. It will grow from $12.1 billion in 2024 to $13.33 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to increasing hospital admissions, improving healthcare infrastructure, government initiatives, medical tourism and reimbursement policies.
The infusion therapy devices market size is expected to see rapid growth in the next few years. It will grow to $19.82 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to impact of personalized medicine, pandemic preparedness and response, wearable infusion devices, shift towards infusion therapy and healthcare digitalization. Major trends in the forecast period include 5g connectivity, quantum computing, internet of things (IoT) integration, wearable health tech and voice assistants and natural language processing.
The forecast of 10.4% growth over the next five years reflects a modest reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for disposable administration sets and smart drug libraries, sourced from key regions such as South Korea and Ireland, which could lead to compromised intravenous therapy (IV) treatment safety and increased healthcare facility expenses.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The rising incidence of chronic diseases is anticipated to drive the growth of the infusion therapy devices market. Chronic diseases, which are long-term health conditions lasting over a year and requiring continuous medical attention or limiting daily activities, are becoming more common due to factors such as poor lifestyle choices, sedentary habits, unhealthy diets, environmental influences, and risk factors such as obesity, smoking, and stress. Infusion therapy devices help manage these conditions by delivering medications and fluids directly into the bloodstream in a precise and controlled manner, ensuring effective treatment for conditions such as diabetes, autoimmune disorders, and cancer. This approach enhances patient outcomes, increases convenience, and reduces the need for frequent hospital visits. For example, a report from the National Center for Biotechnology Information (NCBI) in January 2023 projected that by 2050, the number of individuals over the age of 50 with at least one chronic illness will increase by 99.5%, from 71.522 million in 2020 to 142.66 million. As a result, the growing prevalence of chronic diseases is contributing to the market expansion of infusion therapy devices.
Companies in the infusion therapy devices market are focusing on innovations such as pressure-enabled drug delivery (PEDD) technology to improve treatments for liver and pancreatic tumors. PEDD is a technology that uses pressure to enhance the infusion of therapeutic agents into tissues or organs, particularly in cases where traditional methods may not be as effective. In November 2024, TriSalus Life Sciences, a US-based medical technology company, introduced the TriNav LV Infusion System and TriGuide Guiding Catheters, expanding its PEDD portfolio to improve therapeutic delivery and potentially enhance treatment outcomes. The TriNav LV Infusion System offers features such as accommodating larger blood vessels (3.5 to 5.0 mm), which broadens the patient population eligible for PEDD technology. This launch increases device compatibility from 1.5 mm to 5.0 mm vessels, providing more treatment options for interventional radiologists. The TriGuide Guiding Catheters have a larger inner diameter, a lubricious lining, and a reverse curve design, improving femoral access and procedural efficiency. Early users report a 97% satisfaction rate, highlighting the system's effectiveness and ease of use in oncology treatments.
In July 2024, ICU Medical Inc., a US-based medical technology company, acquired Smiths Medical Inc. for an undisclosed sum. This acquisition aims to strengthen ICU Medical's infusion therapy product line and expand its portfolio into new clinical care markets, offering a more comprehensive range of infusion systems and related products. Smiths Medical Inc. is a US-based manufacturer of medical devices, including infusion therapy devices.
Major players in the infusion therapy devices market are Roche Holding AG, Fresenius Kabi AG, Medtronic plc, Medline Industries Inc., Baxter International Inc., Terumo Corporation, Mindray Medical International Limited, Nipro Corporation, ICU Medical Inc., Cook Medical, Acelity L.P Inc., LivaNova PLC, Vygon S.A., AngioDynamics Inc., B. Braun Melsungen AG, Moog Medical Devices Group, Kangaroo, Vantage Medical Technologies, Alaris Medical Systems Inc., AccuVein Inc.
North America was the largest region in the infusion therapy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in infusion therapy devices report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the infusion therapy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The infusion therapy devices market consists of sales of products including pumps, catheters, sets, ports, and accessories. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Infusion Therapy Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on infusion therapy devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for infusion therapy devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The infusion therapy devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.