Next Generation Infusion Pump Market Outlook (2022 to 2032)

The global Next Generation Infusion Pump Market holds a forecasted share of USD 5059.7 million in 2022 and is likely to surpass USD 8509 million by 2032, moving ahead with a CAGR of 4.8% during the forecast period (2022 to 2032).

Report Attribute Details
Next Generation Infusion Pump Market Value (2022) USD 5059.7 million
Next Generation Infusion Pump Market Anticipated Forecast Value (2032) USD 8509 million
Next Generation Infusion Pump Market Projected Growth Rate (2022 to 2032) 4.8%

Next generation infusion pumps are a combination of an intuitive user interface, simplicity, state of the art information technology. They are inclined with an advanced pumping system, which measures flow to improve workflow efficiency and patient safety. Its smartphone-like user interface is designed to diminish interpretation and programming errors empowering end-user to save time and reduction in pump interactions.

Next generation infusion pumps are largely accepted by healthcare professionals because they provide more patient safety and efficacy. The technology used in regular infusion pumps hasn’t kept pace with advancements in the healthcare industry.

Advancements in the administration of intravenous medication, rising insistence for next generation infusion pumps from physicians, nurse anaesthetists and anaesthesiologists, and soaring acceptance of smart pumps are some of the key factors responsible for the growth of the market. Furthermore, the emergence of reduction systems with fewer dosage errors shall bolster the next generation infusion pumps market growth.

According to a report published by the institute of medicine in 2007, from the year 2005 to 2009, 710 deaths and more than 56,000 adverse events were reported to FDA, most amongst medical technologies, adding more than USD 2 Billion to annual healthcare costs in the USA.

On the other hand, next generation infusion pumps provide enough functionality, flexibility, scalability, affordability and ease of use needed for changing needs of the healthcare system, indicating robust growth in next generation infusion pump market over the forecast period.

Next generation infusion pumps attribute high integration between the pump and hospital IT system, reducing errors. Moreover, diverse new technologies like implantable insulin pumps, in addition to delivering targeted, consistent medication, increases patient ease as well. The leading market players are focusing on safer operability, minimised chances of product recalls and enhanced product designs over the forecast period.

What are the Driving Factors in the Next Generation Infusion Pump Market?

Insulin infusion pumps are dominating the next generation infusion pump market. However, the worldwide booming prevalence of diabetes is a key driver for next generation infusion pump market.

Increased R & D initiatives on IV drug administration for malnutrition,cancers, diabetes, AIDS, neurological disorders, and gastrointestinal disorders coupled with technological innovation, are anticipated to generate lucrative growth in next generation infusion pump market.

Over the forecast period, the next generation IV infusion pumps market will be fuelled by growing production capacity, government support for start-ups, and approval of regulatory policies.

Growing demand for homecare ambulatory infusion pumps has been observed for the treatment of diseases like diabetes and cancer. A portable and wearable infusion pump is specially designed for ambulatory use.

What are the Trends and Opportunities in the Next Generation Infusion Pump Market?

Increasing advances in the field of infusion treatments have led to a global rise in sales of next-generation infusion pumps. Intravenous therapy is needed across a wide range of healthcare domains, and this factor is expected to drive huge revenues into the global market.

Medical spending by the masses and healthcare professionals has contributed to market growth. As a result, the global market for next-generation infusion pumps is forecast to generate substantial revenues in the years to come.

In the forecast period, a lack of standard guidelines for the use of products, product recalls, a lack of competent professionals and medicine dispensing errors are expected to hamper the growth of the next generation infusion pumps market.

Regional Analysis

What is the Regional Outlook for the North American Next Generation Infusion Pump Market?

The North American region is predicted to hold the largest market for next generation infusion pumps. It is expected to capture the largest market share based on the current market scenario.

North America is estimated to hold a significant share of 41.5% in the next generation infusion pump market witnessing growth owing to the presence of capable professionals, advances in healthcare infrastructure and major market players in the region.

Furthermore, rising R&D activities, increasing cases of chronic diseases, rising geriatric population, and improving insurance policies shall boost the next generation infusion pump market growth in the region.

What is the Regional Outlook for the European Next Generation Infusion Pump Market?

The European next generation infusion pump market has a global market share accounting for 27.9% in 2022. The region is expected to increase its share during the forecast period owing to research and development activities, adoption of novel technologies, and partnerships between companies for the distribution and advancement of novel products.

The Europe region is anticipated to contribute maximum market revenue share in the next generation infusion pump market over the forecast period.

What is the Regional Outlook for the APEJ Next Generation Infusion Pump Market?

APEJ region is anticipated to witness crucial growth due to the growing healthcare infrastructure in the region. An increasing number of mid-sized hospitals are identified to be a major driver of the APEJ next generation infusion pump market growth.

Further, the continuous rise in the demand for advanced technologies and expansion of private hospitals in rural areas are boosting the demand for next-generation infusion pumps in APEJ.

Who are the Key Players in the Next Generation Infusion Pump Market?

The players leading in next generation infusion pump market include Ivenix, Inc, Zyno medical, B. Braun Melsungen AG, Baxter International, Inc., Fresnius Kabi AG, F. Hoffmann-la Roche Ltd., Becton Dickinson and Co., Johnson & Johnson (USA), Pfizer (Hospira) Inc., Smiths Medical and others.

How is the Start-up Ecosystem in the Next Generation Infusion Pump Market?

Eitan Medical received EU MDR clearance for the Sapphire infusion system. Eitan Medical’s Sapphire infusion system provides clinicians in medical clinics and home care environments throughout Europe with an improved workflow, increasing its convenience.

Baxter International Inc announced on May 20, 2020, that CE marking and regulatory approval from Australia’s Therapeutic Goods Administration (TGA) for the Evo IQ Syringe Infusion System. Hospitals in the United Kingdom, Ireland, Greece, Australia, and New Zealand are expected to receive the new system first, with additional countries to follow in a series of regulatory submissions.

Report Scope

Report Attribute Details
Growth Rate CAGR of 4.8% from 2022 to 2032
Base Year for Estimation 2022
Historical Data 2016 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered By Type, By Application, By Source, By Foam, Region Forecast till 2032
Countries Covered North America, Europe, APEJ, The Latin America, MEA
Key Companies Profiled Ivenix, Inc; Zyno medical; B. Braun Melsungen AG; Baxter International, Inc.; Fresnius Kabi AG; F. Hoffmann-la Roche Ltd.; Becton Dickinson and Co.; Johnson & Johnson (USA); Pfizer (Hospira) Inc.; Smiths Medical; Others
Customization Available Upon Request

Key Segments

By Type:

  • Nutrition Grade
  • Feed Grade

By Source:

  • Natural
  • Synthetic

By Application:

  • Nutrition
  • Consumer
  • Pharmaceutical
  • Agrochemical
  • Others

By Form:

  • Dry
  • Liquid

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 5.1. Oncology
    • 5.2. Analgesia
    • 5.3. Diabetes
    • 5.4. Hematology
    • 5.5. Neonatology
    • 5.6. Gastroenterology
    • 5.7. Autoimmune Diseases
  • 6. Global Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End User
    • 6.1. Hospitals
    • 6.2. Ambulatory Surgical Centers
    • 6.3. Clinics
    • 6.4. Others
  • 7. Global Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. Asia Pacific
    • 7.5. MEA
  • 8. North America Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 9. Latin America Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Europe Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. Asia Pacific Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. MEA Next Generation Infusion Pump Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. Key Countries Next Generation Infusion Pump Market Analysis
  • 14. Market Structure Analysis
  • 15. Competition Analysis
    • 15.1. Ivenix, Inc
    • 15.2. Zyno Medical
    • 15.3. B. Braun Melsungen AG
    • 15.4. Baxter International, Inc.
    • 15.5. F. Hoffmann-la Roche Ltd.
    • 15.6. Johnson & Johnson
    • 15.7. Pfizer
    • 15.8. Smiths Medica
  • 16. Assumptions & Acronyms Used
  • 17. Research Methodology

List of Tables

Table 1: Global Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 3: Global Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

Table 4: North America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 5: North America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 6: North America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

Table 7: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 8: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 9: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

Table 10: Europe Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 11: Europe Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 12: Europe Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

Table 13: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 14: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 15: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

Table 16: MEA Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 17: MEA Next Generation Infusion Pump Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 18: MEA Next Generation Infusion Pump Market Value (US$ Mn) Forecast by End User, 2017-2032

List of Figures

Figure 1: Global Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 2: Global Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 3: Global Next Generation Infusion Pump Market Value (US$ Mn) by Region, 2022-2032

Figure 4: Global Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 5: Global Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 6: Global Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 7: Global Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 8: Global Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 9: Global Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 10: Global Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 11: Global Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 12: Global Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 13: Global Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 14: Global Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 15: Global Next Generation Infusion Pump Market Attractiveness by Region, 2022-2032

Figure 16: North America Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 17: North America Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 18: North America Next Generation Infusion Pump Market Value (US$ Mn) by Country, 2022-2032

Figure 19: North America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 20: North America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 21: North America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 22: North America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 23: North America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 24: North America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 25: North America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 26: North America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 27: North America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 28: North America Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 29: North America Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 30: North America Next Generation Infusion Pump Market Attractiveness by Country, 2022-2032

Figure 31: Latin America Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 32: Latin America Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 33: Latin America Next Generation Infusion Pump Market Value (US$ Mn) by Country, 2022-2032

Figure 34: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 35: Latin America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 36: Latin America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 37: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 38: Latin America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 39: Latin America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 40: Latin America Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 41: Latin America Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 42: Latin America Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 43: Latin America Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 44: Latin America Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 45: Latin America Next Generation Infusion Pump Market Attractiveness by Country, 2022-2032

Figure 46: Europe Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 47: Europe Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 48: Europe Next Generation Infusion Pump Market Value (US$ Mn) by Country, 2022-2032

Figure 49: Europe Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 50: Europe Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 51: Europe Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 52: Europe Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 53: Europe Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 54: Europe Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 55: Europe Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 56: Europe Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 57: Europe Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 58: Europe Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 59: Europe Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 60: Europe Next Generation Infusion Pump Market Attractiveness by Country, 2022-2032

Figure 61: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 62: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 63: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) by Country, 2022-2032

Figure 64: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 65: Asia Pacific Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 66: Asia Pacific Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 67: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 68: Asia Pacific Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 69: Asia Pacific Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 70: Asia Pacific Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 71: Asia Pacific Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 72: Asia Pacific Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 73: Asia Pacific Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 74: Asia Pacific Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 75: Asia Pacific Next Generation Infusion Pump Market Attractiveness by Country, 2022-2032

Figure 76: MEA Next Generation Infusion Pump Market Value (US$ Mn) by Application, 2022-2032

Figure 77: MEA Next Generation Infusion Pump Market Value (US$ Mn) by End User, 2022-2032

Figure 78: MEA Next Generation Infusion Pump Market Value (US$ Mn) by Country, 2022-2032

Figure 79: MEA Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 80: MEA Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 81: MEA Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 82: MEA Next Generation Infusion Pump Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 83: MEA Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 84: MEA Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 85: MEA Next Generation Infusion Pump Market Value (US$ Mn) Analysis by End User, 2017-2032

Figure 86: MEA Next Generation Infusion Pump Market Value Share (%) and BPS Analysis by End User, 2022-2032

Figure 87: MEA Next Generation Infusion Pump Market Y-o-Y Growth (%) Projections by End User, 2022-2032

Figure 88: MEA Next Generation Infusion Pump Market Attractiveness by Application, 2022-2032

Figure 89: MEA Next Generation Infusion Pump Market Attractiveness by End User, 2022-2032

Figure 90: MEA Next Generation Infusion Pump Market Attractiveness by Country, 2022-2032

Frequently Asked Questions

What is the Growth Potential of the Next Generation Infusion Pump Market?

The growth potential of the next generation infusion pump market can value at USD 8509 Million by 2032.

How is the Next Generation Infusion Pump Market Growing?

The next generation infusion pump market is expected to grow at a CAGR of 4.8% from 2022 to 2032.

What is the size of the Next Generation Infusion Pump Market?

The next generation infusion pump market is projected to grow by USD 5059.7 million in 2022.

Which Region Dominates the Next Generation Infusion Pump Market?

North America dominates the next generation infusion pump market.

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