Infusion Systems Market by Application and Geography - Forecast and Analysis 2022-2026

The infusion systems market share is expected to increase by USD 1.84 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.22%.

This infusion systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers infusion systems market segmentation by application (hospitals, ambulatory surgical centers, diagnostics centers, and others) and geography (North America, Europe, Asia, and ROW). The infusion systems market report also offers information on several market vendors, including Avanos Medical Inc., B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Co., Fresenius Kabi AG, ICU Medical Inc., Medtronic Plc, Micrel Medical Devices SA, Moog Inc., and Smiths Group Plc among others.

What will the Infusion Systems Market Size be During the Forecast Period?

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Infusion Systems Market: Key Drivers and Trends

The increasing incidence of diseases is notably driving the infusion systems market growth, although factors such as intense competition and pricing pressure among key vendors may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the infusion systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Infusion Systems Market Driver

The rise in the incidence of diseases is one of the key factors driving the infusion market growth. Factors such as sedentary lifestyles, climatic changes, growth in population, and increase in the spread of diseases are primarily elevating the global infusion systems market share. With the high prevalence of diabetes, which was about 8.81% in 2018, the global diabetic population is expected to rise from 420 million in 2018 to 485 million by 2025. Moreover, obesity is an additional factor triggering the implication of chronic diseases.

Key Infusion Systems Market Challenge

The intense competition and pressure of pricing among the vendors is one of the key challenges for the infusion systems market growth. Due to the presence of several established and small vendors, there is a constant rise in the competition in the infusion systems market for the dominating established vendors. The low switching costs for the consumers and undifferentiated purchases of products are also imposing negative impacts on the infusion system market growth. Hence, the leading vendors are significantly focused on enhancing the sales of specialty infusion pumps at low cost, which will reduce the profits margins, hampering the growth of the global infusions systems market.

This infusion systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Market Overview 

The parent, global healthcare equipment market, covers products and companies engaged in research and development (R&D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. 

Who are the Major Infusion Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Avanos Medical Inc.
• B. Braun Melsungen AG
• Baxter International Inc.
• Becton Dickinson and Co.
• Fresenius Kabi AG
• ICU Medical Inc.
• Medtronic Plc
• Micrel Medical Devices SA
• Moog Inc.
• Smiths Group Plc

This statistical study of the infusion systems market encompasses successful business strategies deployed by the key vendors. The infusion systems market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The infusion systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Infusion Systems Market?

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30% of the market's growth will originate from Europe during the forecast period. Germany and France are the key markets for infusion systems market in Europe. Market growth in this region will be faster than the growth of the market in the North American region.

The increase in the aging population and chronic diseases will facilitate the infusion systems market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Infusion Systems Market?

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The infusion systems market share growth by the hospitals segments will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the infusion systems market size and actionable market insights on post COVID-19 impact on each segment.

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Infusion Pumps market - The market share is predicted to grow steadily at a CAGR of around 6% by 2021.

MRI Compatible IV Infusion Pumps market - The market share is projected to grow by USD 126.79 million with a CAGR of 7.41% during the forecast period 2021 to 2026.

Programmable Infusion Pumps market - The market share growth momentum will accelerate at a CAGR of 7.74% and the market share will increase to USD 598.8 million from 2021 to 2026.

Japan Infusion Systems market - The market share will grow at a CAGR of around 7% during the forecast period. 

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What are the Key Data Covered in this Infusion Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive infusion systems market growth during the next five years
• Precise estimation of the infusion systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the infusion systems industry across North America, Europe, Asia, and ROW
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of infusion systems market vendors

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