Infusion Therapy Market Size, Share & COVID19 Impact Analysis | United States | 2020-2026 | MedSuite | Includes: Infusion Pumps, Intravenous Sets, Needless Connectors, Stopcocks, Intravenous Filters & Blood Transfusion Devices
- Year: 2020
- Scope: 2016-2026
- Region: United States
- Pages: 486
- Published Date: 07/27/2020
- Type: MedSuite
By 2020, the U.S. infusion therapy device market size was valued at $2.9 billion, with over 230 million primary IV sets sold every year. Despite COVID19, the market size is expected to increase at a compound annual growth rate (CAGR) of 2.6% to reach $3.5 billion in 2026.
Throughout this medical market research, we analyzed 42 Infusion Therapy companies across the United States and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.
While this MedSuite report contains all of the US Infusion Therapy market data and analysis, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Market Forecasts Until 2026, and Historical Data to 2016
- Market Drivers & Limiters for Each Infusion Therapy Device market
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact on the Infusion Therapy Market in the US
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Infusion Therapy Market Insights
The infusion therapy device market is a relatively stable and mature market. This means that future growth in the market is expected to be limited by only mild gains to unit sales. Infusion pumps and IV sets, two of the largest market segments, are saturated in terms of the installed base and unit sales. Since infusion therapy is a well-established practice, there is very little room for expansion. For other mature markets, one standard way of driving market growth is to offer premium-priced products with advanced features. However, this practice has achieved only limited success in the infusion therapy device market.
One area of the market that is experiencing sizable growth is the alternate and home infusion therapy device market. It is becoming increasingly common for patients to be treated in alternate care settings which has increased demand for infusion therapy products. In particular, the markets for IV sets and infusion pumps are benefiting from an increased number of infusions being performed within the alternate and home infusion therapy device market. On top of the increased demand, alternate sites typically pay a higher cost per device when compared to acute care settings, such as hospitals.
COVID19 Impact on the Infusion Therapy Market in the US
he COVID-19 pandemic began having a significant impact on the U.S. infusion therapy market in the first half of 2020. In particular, steep declines were seen in the infusion pump market due to the difficulty of selling and installing pumps during a period where access to hospitals is limited.
Furthermore, many care sites are expected to either reduce spending or else divert it to care areas that more directly help in treating COVID-19. For many types of pumps, the purchase of a new device can be postponed by a year or more.Overall, the US Infusion Therapy market size is projected to reach its pre-COVID19 levels in late 2021 / early 2022.
Infusion Therapy Market Share Insight
By 2020, Becton Dickinson led the US infusion therapy device and consumables market. Becton Dickinson entered the market via its acquisition of CareFusion in 2015 and has gradually expanded its market share in IV devices since then. The company was present in almost every major market segment and leads the two largest: infusion pumps and IV sets.
Baxter was the second-leading competitor in the US infusion therapy device market. The company held this position despite not leading any individual market segments, coming as high as second only in the IV sets market.
The third overall competitor in the infusion therapy device market was ICU Medical. Like Becton Dickinson and Baxter, ICU Medical was present in many market segments, holding notable market share in most of them.
Click on each title to view more detailed market segmentation.
- Infusion Pump Market – MedCore – The market is further broken down by Device Type, including Large Volume Pumps, Syringe Pumps, Patient-Controlled Analgesia Pumps, Electronic Ambulatory Pumps, and Disposable Ambulatory Pumps.
- Intravenous Set Market – MedCore – The market is further broken down by Device Type, including both Pump Set and Gravity Set, Secondary Set, and Extension set. This market is also broken down by Material, including DEHP IV Set, and Non-DEHP IV Set .
- Needleless Connector Market – MedCore – This market is categorized by Valve Type (Split Septum and Blunt Cannula, and Mechanical Valve), Device Type (Standalone and Integrated), Antimicrobial Coating (Antimicrobial or Non-Antimicrobial), and Care Setting (Acute Care and Alternative Care).
- Stopcock Market – MedCore – The market is further broken down based on Flow Type (One, Two, Three, or Four-Way).
- Intravenous Filter Market – MedCore – In-depth analysis of the Intravenous Filter market.
- Blood Transfusion Device Market – MedCore – This market is segmented by Device Type (Blood Transfusion Set and Blood Warmer).
Detailed Market Segmentation
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TABLE OF CONTENTS FOR THE U.S. INFUSION THERAPY DEVICE MARKET REPORT SUITETABLE OF CONTENTS ILIST OF FIGURES XLIST OF CHARTS XIXEXECUTIVE SUMMARY 1U.S. INFUSION THERAPY DEVICE MARKET OVERVIEW 1COMPETITIVE ANALYSIS 4MARKET TRENDS 6MARKET DEVELOPMENTS 7MARKETS INCLUDED 8KEY REPORT UPDATES 12VERSION HISTORY 13RESEARCH METHODOLOGY 14Step 1: Project Initiation & Team Selection 14Step 2: Prepare Data Systems and Perform Secondary Research 17Step 3: Preparation for Interviews & Questionnaire Design 19Step 4: Performing Primary Research 20Step 5: Research Analysis: Establishing Baseline Estimates 22Step 6: Market Forecast and Analysis 23Step 7: Identify Strategic Opportunities 25Step 8: Final Review and Market Release 26Step 9: Customer Feedback and Market Monitoring 27
IMPACT OF COVID-19 ON THE U.S. INFUSION THERAPY DEVICE MARKET2.1 INTRODUCTION 282.2 MULTI-SCENARIO ANALYSIS 302.2.1.1 Best Case Scenario 302.2.1.2 Base Case Scenario 3220.127.116.11 Worst Case Scenario 32
DISEASE OVERVIEW3.1.1 Congestive Heart Failure 343.1.2 Crohn’s Disease 353.1.3 Hemophilia 363.1.4 Immune Deficiencies 373.1.5 Multiple Sclerosis 373.1.6 Cancer 38
PRODUCT ASSESSMENT4.1 INTRODUCTION 414.2 PRODUCT PORTFOLIOS 414.2.1 Large Volume Infusion Pump 414.2.2 Syringe Pumps 434.2.3 Patient-Controlled Analgesia Pumps 454.2.4 Electronic Ambulatory Pumps 474.2.5 Disposable Ambulatory Infusion Pump 494.2.6 Intravenous Sets 504.2.6.1 Pump Sets 504.2.6.2 Gravity Sets 504.2.6.3 Secondary Sets 518.104.22.168 Extension Sets 514.2.7 Needleless Connectors 522.214.171.124 Split Septum and Blunt Cannula 5126.96.36.199 Mechanical Valves 5188.8.131.52 Negative Displacement Mechanical Valves 5184.108.40.206 Positive Displacement Mechanical Valves 5220.127.116.11 Neutral Displacement Mechanical Valves 518.104.22.168 Anti-Reflux Neutral Displacement Mechanical Valves 522.214.171.124 Antimicrobial Needleless Connectors 554.2.8 Stopcocks 564.2.9 Intravenous Filters 574.2.10 Blood Transfusion Devices 5126.96.36.199 Blood Transfusion Sets 5188.8.131.52 Blood Warmers 594.3 REGULATORY ISSUES AND RECALLS 614.3.1 Argon Medical Devices 6184.108.40.206 Stopcocks 614.3.2 Baxter 6220.127.116.11 Infusion Pump 618.104.22.168 Intravenous Sets 622.214.171.124 Needleless Connectors 6126.96.36.199 Blood Transfusion Devices 654.3.3 Becton Dickinson 6188.8.131.52 Intravenous Sets 6184.108.40.206 Infusion Pumps 674.3.4 Fresenius 6220.127.116.11 Infusion Pumps 674.3.5 ICU Medical 618.104.22.168 Infusion Pumps 622.214.171.124 Intravenous Sets 684.3.6 Medtronic 704.3.6.1 Intravenous Sets 704.3.7 MOOG Corporation 7126.96.36.199 Intravenous Sets 714.3.8 Smiths Medical 7188.8.131.52 Infusion Pump 7184.108.40.206 Intravenous Sets 7220.127.116.11 Stopcocks 744.3.9 Vygon USA 718.104.22.168 Intravenous Sets 722.214.171.124 Stopcocks 754.3.10 Zyno Medical Products 7126.96.36.199 Intravenous Sets 764.4 CLINICAL TRIALS 774.4.1 Careggi Hospital 784.4.2 Jeffrey N. Bruce 784.4.3 Johaan Wolfgang Goethe University Hospital 794.4.4 Mahidol University 794.4.5 Medallion Therapeutics, Inc. 804.4.6 Memorial Sloan Kettering Cancer Center 814.4.7 Michael J Cavnar, MD 824.4.8 National Cancer Institute 834.4.9 Octapharma 844.4.10 Xiangya Hospital of Central South University 854.4.11 Yonsei University 85
U.S. INFUSION THERAPY DEVICE MARKET OVERVIEW5.1 INTRODUCTION 875.2 MARKET OVERVIEW 895.3 TREND ANALYSIS BY SEGMENT 945.4 DRIVERS AND LIMITERS 975.4.1 Market Drivers 975.4.2 Market Limiters 985.5 COMPETITIVE MARKET SHARE ANALYSIS 1025.6 MERGERS AND ACQUISITIONS 1105.7 COMPANY PROFILES 1125.7.1 Avanos Medical 1125.7.2 Baxter 1135.7.3 B. Braun 1145.7.4 Becton Dickinson 1155.7.5 ICU Medical 1175.7.6 Smiths Medical 1185.8 SWOT ANALYSIS 1195.8.1 Avanos Medical 1205.8.2 Baxter 1215.8.3 B. Braun 1225.8.4 Becton Dickinson 1235.8.5 ICU Medical 1245.8.6 Smiths Medical 125
INFUSION PUMP MARKET6.1 INTRODUCTION 1266.1.1 Statistics 1276.2 MARKET OVERVIEW 1296.3 MARKET ANALYSIS AND FORECAST 1346.3.1 Large Volume Pump Market 13188.8.131.52 Large Volume Pump Market by Care Setting 13184.108.40.206.1 Acute Care Large Volume Infusion Pump Market 1406.3.1.1.2 Alternate Care Large Volume Infusion Pump Market 14220.127.116.11 Large Volume Infusion Pump Market by Modularity 1418.104.22.168.1 Modular Large Volume Infusion Pump Market 1422.214.171.124.2 Non-Modular Large Volume Infusion Pump Market 14126.96.36.199 Large Volume Infusion Pump Market by MRI Compatibility 15188.8.131.52.1 MRI Compatible Large Volume Infusion Pump Market 15184.108.40.206.2 Non-MRI Compatible Large Volume Infusion Pump Market 1566.3.2 Syringe Infusion Pump Market 15220.127.116.11 Syringe Infusion Pump Market by Care Setting 1618.104.22.168.1 Acute Care Syringe Infusion Pump Market 1622.214.171.124.2 Alternate Care Syringe Infusion Pump Market 16126.96.36.199 Syringe Infusion Pump Market by Modularity 16188.8.131.52.1 Modular Syringe Infusion Pump Market 17184.108.40.206.2 Non-Modular Syringe Infusion Pump Market 1736.3.3 Patient-Controlled Analgesia Infusion Pump Market 17220.127.116.11 Patient-Controlled Analgesia Infusion Pump Market by Care Setting 1718.104.22.168.1 Acute Care Patient-Controlled Analgesia Infusion Pump Market 1722.214.171.124.2 Alternate Care Patient-Controlled Analgesia Infusion Pump Market 1816.3.4 Electronic Ambulatory Infusion Pump Market 18126.96.36.199 Electronic Ambulatory Infusion Pump Market by Care Setting 18188.8.131.52.1 Acute Care Electronic Ambulatory Infusion Pump Market 18184.108.40.206.2 Alternate Care Electronic Ambulatory Infusion Pump Market 1906.3.5 Disposable Ambulatory Infusion Pump Market 19220.127.116.11 Disposable Ambulatory Infusion Pump Market by Type 1918.104.22.168.1 Disposable Ambulatory Non-Pain Infusion Pump Market 1922.214.171.124.2 Disposable Ambulatory Pain Infusion Pump Market by Type 1986.4 DRIVERS AND LIMITERS 2066.4.1 Market Drivers 2066.4.2 Market Limiters 2096.5 COMPETITIVE MARKET SHARE ANALYSIS 212
INTRAVENOUS SET MARKET7.1 INTRODUCTION 2207.2 MARKET OVERVIEW 2217.2.1 Intravenous Set Market by Device Type 2217.2.2 Intravenous Set Market by Material 2267.3 MARKET ANALYSIS AND FORECAST 2307.3.1 Intravenous Set Market by Device Type 2307.3.1.1 Pump Set Market 2307.3.1.1.1 Pump Set Market by Device Type 23126.96.36.199.2 Pump Set Market by Light Protection 2507.3.1.1.3 Pump Set Market by Patient Age 25188.8.131.52.4 Pump Set Market by Care Setting 26184.108.40.206 Gravity Set Market 26220.127.116.11.1 Gravity Set Market by Application 2707.3.1.2.2 Gravity Set Market by Care Setting 3087.3.1.3 Secondary Set Market 318.104.22.168.1 Secondary Set Market by Care Setting 322.214.171.124 Extension Set Market 3126.96.36.199.1 Extension Set Market by Configuration 32188.8.131.52.2 Extension Set Market by IV Filter 33184.108.40.206.3 Extension Set Market by Stopcock 33220.127.116.11.4 Extension Set Market by Flow Control 3418.104.22.168.5 Extension Set Market by Care Setting 3527.3.2 Intravenous Set Market by Material 3522.214.171.124 DEHP IV Set Market 35126.96.36.199 Non-DEHP IV Set Market 3607.4 DRIVERS AND LIMITERS 3627.4.1 Market Drivers 3627.4.2 Market Limiters 3637.5 COMPETITIVE MARKET SHARE ANALYSIS 365
NEEDLELESS CONNECTOR MARKET8.1 INTRODUCTION 3708.2 MARKET OVERVIEW 3718.2.1 Market Overview by Valve Type 3718.2.2 Market Overview by Device Type 3768.2.3 Market Overview by Antimicrobial 3808.2.4 Market Overview by Care Setting 3848.3 MARKET ANALYSIS AND FORECAST 3888.3.1 Total Needleless Connector Market 3888.3.2 Needleless Connector Market by Valve Type 3908.3.2.1 Split Septum & Blunt Cannula Needleless Connector Market 3908.3.2.2 Mechanical Valve Needleless Connector Market by Device Type 39188.8.131.52.1 Negative Displacement Mechanical Valve Needleless Connector Market 39184.108.40.206.2 Positive Displacement Mechanical Valve Needleless Connector Market 4018.3.2.2.3 Neutral Displacement Mechanical Valve Needleless Connector Market 4038.3.2.2.4 Anti-Reflux Neutral Displacement Mechanical Valve Needleless Connector Market 4058.3.3 Needleless Connector Market by Device Type 4078.3.3.1 Standalone Needleless Connector Market 4078.3.3.2 Integrated Needleless Connector Market 4098.3.4 Needleless Connector Market by Antimicrobial 4220.127.116.11 Antimicrobial Needleless Connector Market 418.104.22.168 Conventional Needleless Connector Market 4138.3.5 Needleless Connector Market by Care Setting 422.214.171.124 Acute Care Needleless Connector Market 4126.96.36.199 Alternate Care Needleless Connector Market 4178.4 DRIVERS AND LIMITERS 4198.4.1 Market Drivers 4198.4.2 Market Limiters 4208.5 COMPETITIVE MARKET SHARE ANALYSIS 422
STOPCOCK MARKET9.1 INTRODUCTION 4279.2 MARKET OVERVIEW 4289.3 MARKET ANALYSIS AND FORECAST 4339.3.1 Total Stopcock Market 4339.3.2 One-Way Stopcock Market 4359.3.3 Two-Way Stopcock Market 4379.3.4 Three-Way Stopcock Market 4399.3.5 Four-Way Stopcock Market 4419.4 DRIVERS AND LIMITERS 4439.4.1 Market Drivers 4439.4.2 Market Limiters 4439.5 COMPETITIVE MARKET SHARE ANALYSIS 445
INTRAVENOUS FILTER MARKET10.1 INTRODUCTION 44910.2 MARKET ANALYSIS AND FORECAST 45110.3 DRIVERS AND LIMITERS 45410.3.1 Market Drivers 45410.3.2 Market Limiters 45410.4 COMPETITIVE MARKET SHARE ANALYSIS 456
BLOOD TRANSFUSION DEVICE MARKET11.1 INTRODUCTION 45911.2 MARKET OVERVIEW 46011.3 MARKET ANALYSIS AND FORECAST 46411.3.1 Blood Transfusion Set Market 464188.8.131.52 Single-Chamber Blood Transfusion Set Market 468184.108.40.206 Dual-Chamber Blood Transfusion Set Market 47011.3.2 Blood Warmer Market 47220.127.116.11 Standard Flow Blood Warmer Market 47618.104.22.168 Rapid Infusion Blood Warmer Market 47811.4 DRIVERS AND LIMITERS 48011.4.1 Market Drivers 48011.4.2 Market Limiters 48011.5 COMPETITIVE MARKET SHARE ANALYSIS 482
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