PUBLISHER: TechSci Research | PRODUCT CODE: 1878980
PUBLISHER: TechSci Research | PRODUCT CODE: 1878980
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The Global Infusion Pumps and Accessories Market, valued at USD 18.09 Billion in 2024, is projected to experience a CAGR of 8.10% to reach USD 28.87 Billion by 2030. Infusion pumps are essential medical devices that precisely deliver fluids, medications, and nutrients into a patient's body, complemented by accessories such as IV sets and tubing. The market's growth is primarily supported by the increasing global prevalence of chronic diseases, including cancer and diabetes, which necessitate controlled long-term drug administration. Furthermore, the expanding geriatric population, frequently requiring extensive medication regimens, significantly contributes to market expansion. The rising demand for home healthcare solutions also drives adoption.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 18.09 Billion |
| Market Size 2030 | USD 28.87 Billion |
| CAGR 2025-2030 | 8.1% |
| Fastest Growing Segment | Hospitals & Clinics |
| Largest Market | North America |
Key Market Challenges
The substantial upfront cost associated with advanced infusion pump systems presents a significant challenge to the growth of the Global Infusion Pumps and Accessories Market. Healthcare providers, particularly hospitals and smaller clinics, operate within considerable budgetary constraints when evaluating the acquisition of new, high-technology medical equipment. This financial barrier directly limits the widespread adoption of modern infusion technologies, especially impacting facilities in regions with restricted healthcare budgets.
The allocation of funds within healthcare institutions frequently places pressure on capital equipment budgets. For instance, according to the American Hospital Association, in its report "Cost of Caring: Challenges Facing America's Hospitals in 2025," labor constituted 56% of total operating costs. Such significant operational expenses directly impact the funds available for substantial capital investments like advanced infusion pump systems. Consequently, institutions may defer necessary technology upgrades or opt for less expensive, potentially older models, thereby slowing the market penetration of innovative solutions. This reluctance to invest in costly new systems directly curtails market expansion by reducing purchase volumes and extending replacement cycles for existing equipment.
Key Market Trends
The expansion of home infusion therapy and outpatient care represents a significant shift in healthcare delivery, moving complex medical treatments from traditional institutional settings to more convenient and cost-effective environments. This trend is driven by an aging population, the rising prevalence of chronic conditions requiring long-term treatment, and a growing preference for care closer to home. The National Home Infusion Association (NHIA) reported a 5-8% increase in home infusion service claims for 2023, underscoring the growing utilization of these services. This shift demands infusion solutions that are portable, user-friendly, and capable of operating safely outside acute care settings. In a notable development, Rockfield Medical Devices received the NHIA 2025 Innovation Award for its Mobility+ enteral feeding system, an elastomeric, lightweight, and wearable device designed for home use, highlighting the industry's focus on innovative solutions for this expanding care model.
In this report, the Global Infusion Pumps and Accessories Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Infusion Pumps and Accessories Market.
Global Infusion Pumps and Accessories Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: