PUBLISHER: The Insight Partners | PRODUCT CODE: 1843394
 
				PUBLISHER: The Insight Partners | PRODUCT CODE: 1843394
The South and Central America infusion devices market is projected to grow significantly, reaching an estimated US$ 1,164.42 million by 2031, up from US$ 722.52 million in 2023, reflecting a compound annual growth rate (CAGR) of 6.1% during this period.
Executive Summary and Market Analysis
This market is divided into key regions: Brazil, Argentina, and the Rest of South and Central America. Brazil, in particular, has seen technological advancements that positively impact its economy, making it an attractive location for manufacturing due to benefits like cost-effectiveness and improved operational efficiencies. The infusion devices market in this region is characterized by numerous prominent players who are actively working to increase their market presence through strategic initiatives, including product innovation, partnerships, and regional expansion. Key companies in this sector include Abbott, B. Braun Melsungen AG, Baxter International Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Johnson & Johnson Services, Inc., Koninklijke Philips N.V., Medline Industries, Inc., and Medtronic. These firms are enhancing their product offerings and distribution networks to meet the rising demand for infusion devices. Notably, the insulin infusion pump segment is expected to grow at a CAGR of 6.3% from 2025 to 2030, driven by technological advancements, regulatory changes, and the increasing prevalence of chronic diseases, which boost the need for advanced infusion therapies.
Market Segmentation Analysis
The South and Central America infusion devices market can be segmented by product type, application, and end user.
Market Outlook
Market players are focusing on strategic developments such as product launches, mergers, acquisitions, and collaborations to create advanced products that facilitate the treatment of chronic conditions like diabetes, cancer, and chronic pain. Recent developments include:
These advancements indicate a growing trend of product approvals and strategic collaborations, which are expected to create lucrative opportunities in the infusion devices market.
Country Insights
The market is primarily composed of Brazil, Argentina, and the Rest of South and Central America, with Brazil holding the largest market share in 2023. Brazil is among the top ten countries with the highest diabetes prevalence, affecting approximately 16.8 million individuals. This rising incidence of diabetes has led to a significant increase in cardiovascular disease risk, thereby driving the demand for infusion pumps. Local companies like Lifemed S.A. are also focusing on product development to enhance their market share alongside international competitors.
Company Profiles
Key players in the South and Central America infusion devices market include B Braun SE, Baxter International Inc, Becton Dickinson and Co, BPL Medical Technologies Pvt Ltd, CODAN US Corp, Eitan Medical Ltd, Fresenius Kabi AG, ICU Medical Inc, Medtronic Plc, and others. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to deliver innovative solutions and increase their market presence.
 
                 
                 
                