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Europe infusion pump system industry to hit $4.06 billion by 2024

Europe infusion pump system industry to hit $4.06 billion by 2024

Europe Infusion Pump System, Accessories and Software Market is expected to reach USD 4,063.2 million by 2024 from USD 2,511.5 million in 2016, at a CAGR of 6.2% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Europe Infusion Pump Systems, Accessories and Software Market,, By Type (Infusion Pump Systems (Volumetric IP, Syringe IP, Ambulatory IP, Enteral IP, Insulin IP, Implantable IP, Chemotherapy IP, Anesthesia IP), Infusion Pump Accessories (Infusion Administration Sets, Valve Catheters, IV Sets, Needleless Connectors), Infusion Pump Management Software (Asset Management Modules, EMR Modules, Respiratory Monitoring Modules), By Application (General Infusion, Pain and Anesthesia Management, Insulin Infusion, Enteral Infusion, Chemotherapy), By End-User (Hospitals, Ambulatory, Home Healthcare, Clinics), By Geography (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and Rest of APAC) – Trends and Forecast to 2024

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The major factors driving the growth of this market include rising incidence of chronic diseases, increasing demand for home based healthcare, increasing need for safer infusion pumps and rise in the pool of aging population. On the other hand, errors associated with the infusion pumps and cyber security may hinder the growth of the market.

The Europe infusion pump system, acces…d software market is segmented on the basis of type, application, end-user, distribution channel, and geography. On the basis of type, the APAC infusion pump system, accessories and software market is segmented into three types, such as infusion pump system, infusion pump accessories, and infusion pump management software.

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On the basis of application, the APAC infusion pump system, accessories and software market is segmented into general infusion, pain and anesthesia management, insulin infusion, enteral infusion, chemotherapy and others.

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On the basis of end users, the APAC infusion pump system, accessories and software market is segmented into hospitals, ambulatory, home healthcare, clinics, and others.

On the basis of distribution channel, the APAC infusion pump system, accessories and software market is segmented into public and private. In 2017, the public market is expected to dominate the market with a value of USD 1,533.3 million.

Based on geography, the market is segmented into geographical regions:

  • Germany
  • France
  • U.K
  • Spain
  • Italy
  • Russia
  • Belgium
  • Turkey
  • Switzerland
  • Netherlands

Some of the major factors driving the market for rising scope of Europe Infusion Pump System, Acces…d Software Market, rising incidence of chronic diseases, increasing demand for home based healthcare, increasing need for safer infusion pumps and rise in the pool of aging population. These factors increase the demand for devices such as insulin and ambulatory infusion pump system.

Some of the major players operating in this market are

  • B. Braun Melsungen AG
  • Fresenius SE & Co. KGaA, Hospira
  • Animas Corporation
  • Moog Inc
  • Smiths Group Plc
  • F. Hoffmann-La Roche Ltd,
  • Terumo Europe NV
  • Canè S.p.A
  • Caesarea Medical Electronics
  • Halyard Health, Inc
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd
  • ZynoMed.com, ZOLL Medical Corporation
  • tricumed Medizintechnik GmbH
  • Teleflex Incorporated
  • ICU Medical, Inc
  • Novo Nordisk A/S
  • AngioDynamics
  • Micrel Medical Devices

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Infusion pump accessories are driving the market with the highest market share. However, infusion pump management software is growing with the highest CAGR. 

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