Infusion Therapy Devices Market 2024-2028
The infusion therapy devices market is forecasted to grow by USD 21.18 bn during 2023-2028, accelerating at a CAGR of 8.37% during the forecast period. The report on the infusion therapy devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic diseases, surging use of infusion therapy devices in home care settings, and growing demand for parenteral nutrition.
Technavio's infusion therapy devices market is segmented as below:
By End-user
- Hospitals
- Homecare settings
- Clinics and ASCs
By Product
- Infusion pumps
- Consumables
- accessories
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the emergence of smart infusion therapy devices as one of the prime reasons driving the infusion therapy devices market growth during the next few years. Also, robust growth of healthcare industry and increasing investment by vendors in R and D will lead to sizable demand in the market.
The report on the infusion therapy devices market covers the following areas:
- Infusion therapy devices market sizing
- Infusion therapy devices market forecast
- Infusion therapy devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading infusion therapy devices market vendors that include Ace medical, AngioDynamics Inc., Avanos Medical Inc., B.Braun SE, Baxter International Inc., Becton Dickinson and Company, Canafusion Technologies Inc., Cardinal Health Inc., Chemyx Inc., ERENLER MEDIKAL SAN. TIC. LTD. STI., Fresenius SE and Co. KGaA, ICU Medical Inc., IRadimed Corp., Medtronic, Poly Medicure Ltd., Smith and Nephew plc, Tekni Plex Inc., Teleflex Inc., Terumo Corp., and Vygon SAS. Also, the infusion therapy devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.