Micro-Pump Market Report: Trends, Forecast and Competitive Analysis to 2030

Micro-Pump Market Report: Trends, Forecast and Competitive Analysis to 2030

Micro-Pump Trends and Forecast

The future of the global micro-pump market looks promising with opportunities in the biotechnological & pharmaceutical companies, hospitals & diagnostic centers, and academic & research institutes markets. The global micro-pump market is expected to reach an estimated $5.24 billion by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are increasing pharmaceutical sector growth and expanding life sciences research and development and advancements and implementation of clinical tests, along with widespread micro-pump utilization in infusion therapy.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Micro-Pump by Segment

The study includes a forecast for the global micro-pump by type, application, end use, and region.

Micro-Pump Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Mechanical
• Non-Mechanical

Micro-Pump Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Drug Delivery
• In-Vitro Diagnostics
• Medical Devices
• Others

Micro-Pump Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Biotechnological & Pharmaceutical Companies
• Hospitals & Diagnostic Centers
• Academic & Research Institutes
• Others

Micro-Pump Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Micro-Pump Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies micro-pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro-pump companies profiled in this report include-

• Bartels Mikrotechnik
• Bürkert Fluid Control Systems
• TOPS INDUSTRY & TECHNOLOGY
• The Lee Company
• Xiamen AJK Technology
• Xavitech
• ALLDOO Micropump
• Servoflo
• Dolomite Microfluidics
• TTp ventus

Micro-Pump Market Insights

Lucintel forecasts that drug delivery will remain the largest segment over the forecast period due to the increasing use of micro-pumps in implanted drug delivery system.

Within this market, biotechnological and pharmaceutical will remain the largest segment due to rise in research and development efforts across various domains.

North America will remain the largest region over the forecast period due to robust buying capacity, government backing for quality healthcare initiatives.

Features of the Global Micro-Pump Market

Market Size Estimates: Micro-pump market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Micro-pump market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Micro-pump market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the micro-pump market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro-pump market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the micro-pump market size?

Answer: The global micro-pump market is expected to reach an estimated $5.24 billion by 2030.

Q2. What is the growth forecast for micro-pump market?

Answer: The global micro-pump market is expected to grow with a CAGR of 16.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the micro-pump market?

Answer: The major drivers for this market are increasing pharmaceutical sector growth and expanding life sciences research and development and advancements and implementation of clinical tests, along with widespread micro-pump utilization in infusion therapy.

Q4. What are the major segments for micro-pump market?

Answer: The future of the micro-pump market looks promising with opportunities in the biotechnological & pharmaceutical companies, hospitals & diagnostic centers, and academic & research institutes markets.

Q5. Who are the key micro-pump market companies?

Answer: Some of the key micro-pump companies are as follows:

• Bartels Mikrotechnik
• Bürkert Fluid Control Systems
• TOPS INDUSTRY & TECHNOLOGY
• The Lee Company
• Xiamen AJK Technology
• Xavitech
• ALLDOO Micropump
• Servoflo
• Dolomite Microfluidics
• TTp ventus

Q6. Which micro-pump market segment will be the largest in future?

Answer: Lucintel forecasts that drug delivery will remain the largest segment over the forecast period due to the increasing use of micro-pumps in implanted drug delivery system.

Q7. In micro-pump market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to robust buying capacity, government backing for quality healthcare initiatives.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the micro-pump market by type (mechanical and non-mechanical), application (drug delivery, in-vitro diagnostics, medical devices, and others), end use (biotechnological & pharmaceutical companies, hospitals & diagnostic centers, academic & research institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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