The Global APAC Infusion Pumps Market is expected to reach USD 5.7 billion by 2027 from an estimated USD 3.7 billion in 2022, at a CAGR of 9.1%. The rising demand for ambulatory infusion pumps in homecare settings, increasing incidence of chronic diseases along with the rapid growth of the geriatric population, increasing adoption of enteral feeding pumps with surge in pre-term births, growing number of surgical procedures performed, and increasing number of ICU beds in countries with a high prevalence of COVID-19 are some of the key factors driving the growth of the APAC infusion pumps market. However, the presence of stringent regulations for new products, medication errors associated with infusion pumps (which have resulted in product recalls), and the increasing adoption of refurbished and rental infusion pumps are expected to restrain the growth of this market during the forecast period.
The Global APAC Infusion Pumps Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. The report also analyzes the development proposals and the feasibility of new investments. This report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this research report.
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The study categorizes the APAC infusion pumps market into following segments sub-segments:
By Product:
- Accessories and Consumables
- Dedicated Accessories and Consumables
- Volumetric Infusion Pumps
- Insulin Pumps
- Enteral Infusion Pumps
- Syringe Infusion Pumps
- Ambulatory Infusion Pumps
- PCA Pumps
- Implantable Infusion Pumps
- Non- Dedicated Accessories and Consumables
- Infusion Catheters
- IV/administration Sets
- Needleless Connectors
- Cannulas
- Tubing Extension Sets
- Valves
- Other Non- Dedicated Accessories and Consumables
- Devices
- By Product
- Volumetric Infusion Pumps
- Insulin Pumps
- Enteral Infusion Pumps
- Syringe Infusion Pumps
- Ambulatory Infusion Pumps
- PCA Pumps
- Implantable Infusion Pumps
- By Technology
- Traditional Infusion Pumps
- Specialty Infusion Pumps
- By Type
- Stationary Infusion Pumps
- Portable Infusion Pumps
- By Product
- Dedicated Accessories and Consumables
By Application
- Chemotherapy/Oncology
- Diabetes Management
- Gastroenterology
- Pain Management/ Analgesia
- Pediatrics/ Neonatology
- Hematology
- Other Applications
By End User:
- Hospitals
- Homecare Settings
- Ambulatory Care Settings
- Academic and Research Institutes
Asia Pacific to grow at the highest CAGR of the APAC Infusion Pumps market
Geographically, the APAC infusion pumps market is segmented into China, Japan, India, Australia, Thailand, Indonesia, Vietnam, Southeast Asia, and Rest of Asia Pacific. China is expected to grow at the highest CAGR from 2022 to 2027. This can be attributed to factors such as the rising geriatric population, growing incidence of chronic diseases, increasing number of hospital set-ups, growing accessibility to advanced healthcare facilities, rising healthcare expenditure, rapidly improving health insurance sector, growing demand for advanced technologies, and the increasing adoption of infusion pump devices among hospitals for COVID-19 patients are fueling the demand for infusion devices in China.
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Some of the key geographies mentioned in this report include:
- China
- Japan
- India
- Australia
- Thailand
- Indonesia
- Vietnam
- Southeast Asia
- Rest of Asia Pacific
APAC Infusion Pumps Market Recent developments:
- In January 2022, ICU Medical, Inc. (US) acquired smiths medical from Smiths Group Plc, that includes syringe and ambulatory infusion devices, vascular access, and vital care products in its portfolio.
- In March 2021, JMS, Co., Ltd. (Japan) launched a new syringe pump designed specifically for enteral nutrition applications.
- In February 2021, Mindray Medical International Limited (China) launched BeneFusion e series- eSP, eVP, and eDS, new infusion systems, thereby expanding its product portfolio.
Related Report Study:
Enteral Feeding Devices Market
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