Infusion Pump Markets (Large Volume, Ambulatory, Insulin, Enteral and Other Pumps)
Infusion Pump Market
Infusion pumps are used to infuse necessary fluids, which includes medications and/or nutrients, to a patient’s circulatory system. This Kalorama Information report, Infusion Pump Markets (Large Volume, Ambulatory, Disposable, Syringe, and Specialty Infusion Pumps) covers markets for these products in several product segments.Estimates and Forecasts of Infusion Pump Markets
For the purpose of this study, we have classified two general types of infusion pumps: General Purpose Infusion Pumps and Specialty Infusion Pumps
General purpose infusion pumps are used in a variety of applications and settings from basic fluids for hydration to pain medications and antibiotics. General purpose pumps have been used in hospitals, long-term care settings, physician’s offices, and home settings. This can be further broken out to uses specifically in the ED, OR, and neonate departments. Products in the general purpose segment include three product types:
- Large volume infusion pumps
- Ambulatory infusion pumps (Chemotherapy pumps broken out)
- Syringe infusion pumps
Specialty infusion pumps are typically designed to accommodate a particular type of fluid or medication. Many of these pumps are used in home settings and are designed to meet the needs of active patients, such as with diabetes patients. Products in the specialty infusion pump segment include:
- Enteral feeding pumps
- Insulin infusion pumps
- Implantable infusion pumps
Key Issues and Trends
There are several issues and trends impacting the future of the infusion pump market. Aging populations, increasing incidence of diseases - particularly diabetes, and increasing life expectancy will continue to fuel growth in the future Issues and trends explored in this study include:
- World demographics
- Increasing life expectancy worldwide
- Growing incidence of disease in the United States
- Infusion pump recalls
- Infusion pump health risks
- Reducing medication errors with new infusion pumps
- Smart pump technology
- Infusion pump rentals and leasing
- Worldwide spending on healthcare
- Reducing hospital inpatient length of stay and increases in home health care
More than 100 companies participate in the infusion pump market. However, a number of companies specialize in infusion pump markets and compete with intense marketing efforts and product offerings. Among the top competitors discussed within Corporate Profiles are:
- CareFusion
- Animas/Johnson & Johnson
- B. Braun
- Baxter
- Fresenius Kabi
- Hospira
- I-Flow
- Insulet
- IRadimed
- Kendall/Covidien
- Medtronic
- Smiths Group
- Zevex/Moog