Global infusion pump systems, accessories and software market is expected to reach USD 13.3 billion by 2024 from USD 8.4 billion in 2016, at a CAGR of 5.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The global infusion pump system, accessories and software market is segmented on the basis of type, application, end-user, distribution channel and geography.
On the basis of type the market is segmented into infusion pump systems, infusion pump accessories and infusion pump management software. In 2017, the infusion pump accessories market segment is expected to dominate the market with 59.7% market share and is expected to grow at the highest CAGR of 6.9% in the forecast period 2017 to 2024.
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On the basis of end users into hospitals, ambulatory, home healthcare, clinics and others. The hospitals segment is expected to dominate the market in 2017, however the ambulatory and home healthcare segment and is
expected to grow at the highest CAGR and be the major driving markets.
On the basis of application the infusion pump system, accessories and software market is segmented into general infusion, pain and anesthesia management, insulin infusion, enteral infusion, chemotherapy and others. The general infusion market segment is expected to dominate the market in 2017, and the insulin infusion segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
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The key market players operating in this market are Becton, Dickinson and Company (BD), B. Braun Melsungen AG, Baxter International Inc, Fresenius Kabi AG KGAA, Hospira, Inc. (A Pfizer Company), Animas Corporation (A Johnson & Johnson Company), Medtronic PLC, Moog Inc., Smiths Group PLC, F. Hoffmann-La Roche Ltd., Terumo Europe NV, Cane S.p.A., Caesarea Medical Electronics, Halyard Health, Micrel Medical Devices, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Zyno Medical, Zoll Medical, Tricumed Medizintechnik GmbH, Teleflex Incorporated, ICU Medical, Inc., Novo Nordisk, AngioDynamics among others.