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Published Date: 2014-04-03Number of Pages: 108

Infusion Pumps Market (Large Volume, Disposable, Syringe, Ambulatory, Implantable) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

 

Infusions are carried out to deliver therapeutic drugs and fluids into body via various routes such as intravenous, arterial, peritoneal, enteral, intrathecal and subcutaneous. Infusion pumps are the medical devices used for this purpose and allow infusions to be carried out at precisely controlled rate and a calculated dose. The global infusion pumps market was valued at USD 5,411.5 million in 2012, and is expected to grow at a CAGR of 5.3% to reach an estimated value of USD 7,768.2 million by 2019. The global infusion systems market has witnessed significant growth in the past due to market drivers such as worldwide increase in the number of patients with chronic pain, diabetes and cancer, increasing adoption of ‘smart’ pumps, and the increasing elderly population in most parts of the world.

 

The global infusion pumps market is moving towards ‘smart’ pumps that have capacity to avoid dosing related errors, wireless connectivity with hospitals, pharmacy and with electronic medical records. However, the increasing number of medical device alerts for infusion pumps from FDA and other regulatory agencies in the world has negatively impacted the growth of this market.

 

In 2012, the infusion pumps market was dominated by large volume infusion pumps contributing to 36.9% of the total market revenue, followed by disposable infusion pumps. The large volume infusion pumps market is expected to maintain its top position during the forecast period 2013 to 2019 due to a number of benefits offered by this product type such as many application areas, higher accuracy in infusions, wider infusion time range, dose calculation software and the recent trend of wireless integration of infusion data for electronic medical records. On the basis of application areas, the largest market for infusion pumps in 2012 was clinical nutrition. The rising proportion of hospitalized patients becoming malnourished due to deprived starvation of food and large malnourished population in impoverished countries of Asia-Pacific and Africa were driving factors for this segment. Chemotherapy treatments and analgesia form the next largest application areas for the infusion pumps market.

 

The global infusion pumps market is also segmented by geography into four major regions, namely, North America, Europe, Asia-Pacific and rest of the world. In 2012, North America was the largest market for infusion pumps amongst all geographies but is expected to grow at a CAGR 4.9% during the forecast period 2013 to 2019, comparatively slower than the rate at which the total infusion pumps market will grow. Asia-Pacific market is expected to grow at faster pace than North America and Europe owing to large patient base, increasing incidences of diabetes and cancer, and rising per capita expenditure on healthcare. The improving economies in the Asia-Pacific region, particularly China and India, are allowing increased investment in improving the healthcare infrastructure and eventually help in growth of the infusion pumps market.

 

The global infusion pumps market is dominated by few major players such as CareFusion Corporation, Hospira, Inc., Baxter International, Inc., Fresenius Kabi AG, B. Braun Melsungen AG, and Terumo Corporation. Approximately half of the total revenue of the global infusion pumps market is shared by the top three companies in the market, while the rest of the market is occupied by several small players. Several product recalls by prominent players as well as small companies in the market have deterred market growth to some extent.

 

Table of Contents

 

Chapter 1 Introduction

1.1 Report Description

1.2 Market Segmentation

1.3 Research Methodology

      1.3.1 Secondary Research

      1.3.2 Primary Research

      1.3.3 List of Abbreviations

      1.3.4 Assumptions and Stipulations

 

Chapter 2 Executive Summary

 

Chapter 3 Global Infusion Pumps Market Overview

3.1 Overview

3.2 Market Dynamics

      3.2.1 Market Drivers

               3.2.1.1 Increasing patient base affected with chronic pain, cancer and diabetes

               3.2.1.2 Technological advancements leading to products with improved features

               3.2.1.3 Rapidly increasing geriatric population

      3.2.2 Market Restraints

               3.2.2.1 Infusion pump device problems leading to product recall

               3.2.2.2 Patient Protection and Affordable Care Act (PPACA)

      3.2.3 Market Opportunities

               3.2.3.1 Emerging nations offer immense opportunities to manufacturers operating in the infusion pumps market

3.3 Porter’s Five Forces Analysis: Global Infusion Pumps Market

      3.3.1 Bargaining Power of Suppliers

      3.3.2 Bargaining Power of Buyers

      3.3.3 Threat from New Entrants

      3.3.4 Threat from Substitutes

      3.3.5 Competitive Rivalry

3.4 Market Attractiveness Analysis: Global Infusion Pumps Market

 

Chapter 4 Global Infusion Pumps Market, by Product Type, 2011 – 2019 (USD Million)

4.1 Introduction

      4.1.1 Global Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

      4.1.2 Comparative Analysis: Global Infusion Pumps Market, by Products, 2012 & 2019 (Value %)

4.2 Large Volume Infusion Pumps

      4.2.1 Global Large Volume Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

4.3 Disposable Infusion Pumps

      4.3.1 Global Disposable Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

4.4 Syringe Infusion Pumps Market

      4.4.1 Global Syringe Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

4.5 Ambulatory Infusion Pumps

      4.5.1 Global Ambulatory Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

4.6 Implantable Infusion Pumps

      4.6.1 Global Implantable Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

 

Chapter 5 Global Infusion Pumps Market, by Channel Type, 2011 – 2019 (USD Million)

5.1 Overview

5.2 Single Channel Infusion Pumps

      5.2.1 Global Single Channel Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

5.3 Multi-channel Infusion Pumps

      5.3.1 Global Multiple Channel Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

 

Chapter 6 Global Infusion Pumps Market, by Application, 2011 – 2019 (USD Million)

6.1 Introduction

      6.1.1 Global Infusion Pumps Market Revenue, by Applications, 2011- 2019 (USD Million)

      6.1.2 Comparative Analysis: Global Infusion Pumps Market, by Application, 2012 & 2019 (Value %)

6.2 Clinical Nutrition

      6.2.1 Global Clinical Nutrition Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

6.3 Chemotherapy

      6.3.1 Global Chemotherapy Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

6.4 Analgesia

      6.4.1 Global Analgesia Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

6.5 Diabetes

      6.5.1 Global Diabetes Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

6.6 Others

      6.6.1 Global Other Applications Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

 

Chapter 7 Global Infusion Pumps Market, by Geography, 2011 – 2019 (USD Million)

7.1 Introduction

      7.1.1 Global Infusion Pumps Market Revenue, by Geography, 2011- 2019 (USD Million)

7.2 North America

      7.2.1 North America Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

7.3 Europe

      7.3.1 Europe Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

7.4 Asia-Pacific

      7.4.1 Asia-Pacific Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

7.5 Rest of the World (RoW)

      7.5.1 Rest of the World Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million)

 

Chapter 8 Competitive Landscape

8.1 Market Share Analysis, by Key Players, 2012 (%)

 

Chapter 9 Recommendations

9.1 Focus on developing technically advanced infusion systems with innovative features and less errors

9.2 Focus on the emerging markets of Asia-Pacific and Latin America

 

Chapter 10 Company Profiles

10.1 Animas Corporation

      10.1.1 Company Overview

      10.1.2 Financial Overview

      10.1.3 Product Portfolio

      10.1.4 Business Strategy

      10.1.5 Recent Developments

10.2 B. Braun Melsungen AG

      10.2.1 Company Overview

      10.2.2 Financial overview

      10.2.3 Product portfolio

      10.2.4 Business strategies

      10.2.5 Recent Developments

10.3 Baxter International Inc.

      10.3.1 Company Overview

      10.3.2 Financial Overview

      10.3.3 Product Portfolio

      10.3.4 Business Strategies

      10.3.5 Recent Developments

10.4 CareFusion Corporation

      10.4.1 Company Overview

      10.4.2 Financial Overview

      10.4.3 Product Portfolio

      10.4.4 Business Strategies

      10.4.5 Recent Developments

10.5 Fresenius Kabi AG

      10.5.1 Company Overview

      10.5.2 Financial Overview

      10.5.3 Product Portfolio

      10.5.4 Business Strategies

      10.5.5 Recent Development

10.6 Hospira, Inc.

      10.6.1 Company Overview

      10.6.2 Financial Overview

      10.6.3 Product Portfolio

      10.6.4 Business Strategies

      10.6.5 Recent Developments

10.7 KD Scientific, Inc.

      10.7.1 Company Overview

      10.7.2 Product Portfolio

      10.7.3 Business Strategy

      10.7.4 Recent Developments

10.8 Medtronic, Inc.

      10.8.1 Company Overview

      10.8.2 Financial Overview

      10.8.3 Product Portfolio

      10.8.4 Business Strategies

      10.8.5 Recent Developments

10.9 Smiths Medical

      10.9.1 Company Overview

      10.9.2 Financial Overview

      10.9.3 Product Portfolio

      10.9.4 Business Strategies

      10.9.5 Recent Developments

10.10 Terumo Corporation

      10.10.1 Company Overview

      10.10.2 Financial Overview

      10.10.3 Product Portfolio

      10.10.4 Business Strategy

      10.10.5 Recent Developments

List of Figures

 

FIG. 1 Infusion Pumps Market Segmentation

FIG. 2 Global Infusion Pumps Market, by Product Types, 2012 (USD Million)

FIG. 3 Comparative Analysis: Global Infusion Pumps Market, by Geography, 2012 & 2019 (Value %)

FIG. 4 Porter’s Five Forces Analysis: Global Infusion Pumps Market

FIG. 5 Market Attractiveness Analysis: Global Infusion Pumps Market, by Geography

FIG. 6 Comparative Analysis: Global Infusion Pumps Market, by Geography, 2012 & 2019 (Value %)

FIG. 7 Global Large Volume Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 8 Global Disposable Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 9 Global Syringe Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 10 Global Ambulatory Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 11 Global Implantable Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 12 Comparative Analysis: Global Infusion Pumps Market, by Application, 2012 & 2019 (Value %)

FIG. 13 Global Clinical Nutrition Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 14 Global Chemotherapy Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 15 Global Analgesia Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 16 Global Diabetes Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 17 Global Other Applications Infusion Pumps Market Revenue, 2011 - 2019 (USD Million)

FIG. 18 Infusion Pumps Market: Market Share, by Key Players, 2012 (%)

FIG. 19 Johnson & Johnson, Diabetes Care** : Annual Revenue, 2010 – 2012 (USD million)

FIG. 20 B. Braun Melsungen AG: Annual Revenue, 2010 – 2012 (USD million)

FIG. 21 Baxter International, Annual Revenue: 2011 – 2013 (USD Million)

FIG. 22 CareFusion Corporation: Annual Revenue, 2010 – 2012 (USD Million)

FIG. 23 Fresenius Kabi AG, Annual Revenue: 2010 – 2012 (USD Million)

FIG. 24 Hospira, Inc.: Annual Revenue, 2010 – 2012 (USD million)

FIG. 25 Medtronic Inc. Annual Revenue: 2011 – 2013 (USD Million)

FIG. 26 Smiths Medical: Annual Revenue, 2010 – 2012 (USD million)

FIG. 27 Terumo Corporation, Inc.: Annual Revenue, 2010 – 2012 (USD million)

List of Tables

 

TABLE 1 Market Snapshot: Global Infusion Pumps Market 19

TABLE 2 Global Infusion Pumps Market Revenue, by Product Type, 2011 – 2019 (USD Million) 33

TABLE 3 Global Single Channel Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 48

TABLE 4 Global Multiple Channel Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 49

TABLE 5 Global Infusion Pumps Market Revenue, by Applications, 2011- 2019 (USD Million) 50

TABLE 6 Global Infusion Pumps Market Revenue, by Geography, 2011- 2019 (USD Million) 61

TABLE 7 North America Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 62

TABLE 8 Europe Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 64

TABLE 9 Asia-Pacific Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 66

TABLE 10 Rest of the World Infusion Pumps Market Revenue, by Product Type, 2011- 2019 (USD Million) 68

Infusion is a technique through which fluids and certain therapeutic drugs can be administered to patients either subcutaneously, arterially, intravenously, or peritoneally. An infusion pump, a specially designed medical device, makes infusions safe and precise. The sheer increase in the number of people suffering from chronic diseases, those undergoing surgeries, or other medical treatments, has pushed up sales of infusion pumps worldwide.

This report studies the state of the global infusion pumps market and tracks present developments to create projections for the growth of the market in the coming years. The forecasting horizon of the report spans from 2013 to 2019. In order to study the global infusion pumps market at multiple levels, the authors of the report have segmented the market into sub-markets on the basis of criteria such as application and geography. A holistic competitive study of the market has also been undertaken to help companies understand their current standing in the global infusion pumps market and compare their strategies against those of others in the market. 

Revenue is expressed in US$ mn whereas growth has been expressed in CAGR (%). The authors of the report have taken 2011 as a historical year and the base year for the study is 2012.

Overview of the Global Infusion Pumps Market

The global infusion pumps market, which stood at approximately US$5.41 bn in 2012, is projected to exhibit a steady CAGR of 5.3%, and rise in valuation to US$ 7.76 bn by 2019. With an alarming increase in the number of people diagnosed with cancer, diabetes, chronic pain, and other conditions and disease, the need to demand for medical devices that can administer drugs in precise dosages to treat such conditions has seen an uptick. The global infusion pumps market has benefited immensely from this and is expected to do so in the next four years as well.

As the drug delivery process becomes increasingly automated, ‘smart’ infusion pumps are making their presence conspicuously felt on the market. Patients are expected to opt for more smart pumps in the future as they look for less painful, yet more accurate, safe, and convenient drug delivery systems. The trend of home-based healthcare will provide an additional thrust to infusion pump sales. However, the market has suffered a blow in recent years owing to product recalls, which have put several companies’ reputation at stake. Manufacturing defect-free and rigorously tested infusion pumps has thus become central to sustaining a profitable presence in the global infusion pumps market.

The demand for large volume infusion pumps has thus far been the highest, and is expected to remain so. Disposable infusion pumps have seen an appreciable share in the global infusion pumps market by product type, but will still continue to trail the large-volume infusion pumps market in terms of sales in the near future. Infusion pumps have been most extensively used for administering clinical nutrition. In the coming years, the demand for infusion pumps during cancer treatments and analgesia will rise. 

While North America constitutes the largest infusion pumps market globally, the rise of the Asia Pacific region will be worth watching out, especially with massive demand expected to be seen in India and China.

Companies Mentioned in the Global Infusion Pumps Market Report 

The report profiles the following companies in the global infusion pumps market: Hospira, Inc., CareFusion Corporation, Baxter International, Inc., B. Braun Melsungen AG, Fresenius Kabi AG, and Terumo Corporation.

The global infusion systems market is segmented into the following categories:

  • Global Infusion Pumps Market, by Products
    • Large Volume Infusion Pumps
    • Disposable Infusion Pumps
    • Syringe Infusion Pumps
    • Ambulatory Infusion Pumps
    • Implantable Infusion Pumps
  • Global Infusion Pumps Market, by Pumping Channel
    • Single Channel Infusion Pumps
    • Multiple Channel Infusion Pumps
  • Global Infusion Pumps Market, by Application Areas
    • Analgesia
    • Chemotherapy
    • Diabetes
    • Clinical Nutrition
    • Others

Major geographies analyzed under this research report are: 

  • Europe
  • North America 
  • Asia-Pacific 
  • Rest of the World 

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments