Infusion Therapy Market Analysis | Global | COVID19

https://idataresearch.com/wp-content/uploads/2016/04/ReportIcon-Vascular-MS.jpg

Infusion Therapy Market Size, Share & COVID19 Impact Analysis | Global | 2021-2027 | MedSuite | Includes: Infusion Pumps, IV Sets, Needleless Connectors, Stopcocks & Blood Transfusion Sets

Year: 2021
Scope: 2017-2027
Region: Africa, Middle East, North America, Asia-Pacific, Europe, Latin America
Pages: 282
Published Date: 04/13/2021
Type: MedSuite

In 2020, the global infusion therapy market size was valued at around $7.5 billion, which is a 15% decrease when compared to 2019. In spite of COVID19, the global market size is expected to increase over the forecast period and reach $11.2 billion in 2027. Currently, the majority of the global infusion therapy market share is controlled by three main companies – Becton Dickinson, B. Braun, and ICU Medical.

Global Infusion Therapy Market Size Growth, 2017-2027

Infusion therapy devices represent an integral and basic component of many treatment plans. As such, the improving quality and access to healthcare worldwide stand to positively affect the global market throughout the next 6 years. Many of the global regions have large populations that currently cannot effectively access healthcare treatment. As this continues to improve, this analysis projects how the demand for infusion therapy products will impact the global market size in 2021 and beyond.

Most countries worldwide still use gravity drip infusion more often than pump-based infusion. However, this is slowly expected to shift as sales of all varieties of infusion pumps continue to grow in many regions, including Europe. Infusion pumps offer many benefits over gravity infusions, such as increased safety features and more precise control over the treatment process. The main drawbacks are higher costs and increased need for clinician training. However, as patient volumes increase, the time and money invested into increasing the total usage of pump infusion are expected to be a justifiable expense.

How Many Intravenous Sets Are Sold Globally?

Globally, there are over 5.9 billion intravenous sets sold every year, with the Asia Pacific selling the largest number of units. Number of IV Sets Sold Globally Every Year Intravenous (IV) sets are devices that consist of a length of tubing that is used to administer a solution directly into the patient’s veins. This is also known as infusion therapy, and it is mostly used when oral therapy is deemed not a viable option. The number of IV sets sold will increase dramatically over the next 6 years, allowing the global intravenous set market to reach over $10 billion in 2027.

How’s COVID19 Impacting The Infusion Therapy Market?

The global infusion therapy market was impacted significantly by the global COVID-19 pandemic throughout 2020. As infection rates increased around the globe, many facilities saw declines in elective procedures and certain other visits. This decreased the overall demand for basic healthcare products, including infusion therapy devices.

In particular, the market for infusion pumps was severely impacted due to many facilities restricting their budgets and not being able to justify the replacement of pre-existing pumps while the current devices were still functional. The global market is expected to continue to be affected to a lesser degree throughout 2021, and this study project the COVID19 impact based on the worst-case and best-case scenarios.

What Are the Top Infusion Therapy Companies?

Over 50% of the global infusion therapy market share is controlled by three main companies – Becton Dickinson, B. Braun, and ICU Medical.

Becton Dickinson (BD) is the leading player in the global market for infusion therapy devices. The company has been the market leader since its 2015 acquisition of CareFusion, from which it acquired all of its infusion therapy products. Becton Dickinson is involved in all of the individual infusion therapy market segments and leads the markets for IV sets and needleless connectors.

B. Braun is the second-leading competitor in the global infusion therapy device market. The company narrowly led the infusion pump segment over Becton Dickinson, and it was second overall within IV sets. B. Braun also leads the market for stopcocks by a narrow margin over BD, while holding a notable share of the needleless connector market.

ICU medical is the third-leading competitor in the global market. The company strengthened its presence in the IV therapy device market by acquiring Hospira in 2017. Currently, ICU Medical has a strong presence in the infusion pump, IV set, needleless connector, and IV stopcock device markets.

Top Infusion Therapy Companies Analyzed
Actimed AmbIT Ambu Amsino Applied Medical Acromed Argon Medical Aries Avanos Medical B. Braun Baxter Becton Dickinson Bexen Medical BMS Critical Care Codan CoMedical Crest Medical Elcam Ferrari L. Medical Devices Fresenius Kabi Halkey Roberts Hospital Service ICU Medical IMS Euro Iradimed	Ivenix Kimal Leventon Macropharm Mediplast Mindray Mircel Moog Multimedical Nexus Medical Nipro Medical Nordson Medical NP Medical Promed Qosina Rymed Technologies Samtronic Sanitas Smiths Medical Teleflex Terumo Vygon Walkmed Infusion Woo Young Medical Zyno Medical

Market Segmentation Summary

While this global report suite contains all global infusion therapy market data, each of the market segments is also available as a stand-alone report, MedCore. This allows you to get access to only the infusion therapy market research that you need.

Infusion Pumps Market | Global | 2021-2027 | MedCore – The market analysis is further broken down into segments by:
- Device Type: Large Volume Pumps, Syringe Pumps, Patient-Controlled Analgesia Pumps, Electronic Ambulatory Pumps, and Disposable Ambulatory Pumps.
IV Sets Market | Global | 2021-2027 | MedCore – The chapter contains the market analysis which is categorized by:
- Set Type: Pump Sets, Gravity Set, Extension Sets, and Secondary Sets.
Needleless Connectors Market | Global | 2021-2027 | MedCore – The market is broken down by:
- Valve Type: Split Septum, Blunt Cannula, and Mechanical Valves;
Stopcocks Market | Global | 2021-2027 | MedCore – The research includes an in-depth analysis of the global stopcock market;
Blood Transfusion Sets Market | Global | 2021-2027 | MedCore – The research ONLY provides a top-level analysis of the blood transfusion set market.

Global Research Scope Summary

Report Attribute	Details
Regions	North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year	2020
Forecast	2021-2027
Historical Data	2017-2020
Quantitative Coverage	Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage	COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources	Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

CONTACT US FOR ADDITIONAL INFORMATION

For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.

GLOBAL INFUSION THERAPY MARKET

TABLE OF CONTENTS I
LIST OF FIGURES IX
LIST OF CHARTS XVI
EXECUTIVE SUMMARY 1
GLOBAL INFUSION THERAPY MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 6
MARKET DEVELOPMENTS 7
MARKETS INCLUDED 8
REGIONS INCLUDED 9
VERSION HISTORY 10
RESEARCH METHODOLOGY 11
Step 1: Project Initiation & Team Selection 11
Step 2: Prepare Data Systems and Perform Secondary Research 14
Step 3: Preparation for Interviews & Questionnaire Design 16
Step 4: Performing Primary Research 17
Step 5: Research Analysis: Establishing Baseline Estimates 19
Step 6: Market Forecast and Analysis 20
Step 7: Identify Strategic Opportunities 22
Step 8: Final Review and Market Release 23
Step 9: Customer Feedback and Market Monitoring 24

IMPACT OF COVID-19 ON THE GLOBAL INFUSION THERAPY MARKET

2.1 INTRODUCTION 25
2.2 REGIONAL PROFILES 28
2.3 ANALYSIS BY MARKET SEGMENT 31
2.3.1 Worst Case Scenario 31
2.3.2 Base Case Scenario 32
2.3.3 Best Case Scenario 33

DISEASE OVERVIEW

3.1.1 Congestive Heart Failure 35
3.1.2 Crohn’s Disease 36
3.1.3 Hemophilia 37
3.1.4 Immune Deficiencies 38
3.1.5 Multiple Sclerosis 38
3.1.6 Cancer 39

PRODUCT ASSESSMENT

4.1 INTRODUCTION 42
4.2 PRODUCT PORTFOLIOS 42
4.2.1 Large Volume Infusion Pump 42
4.2.2 Syringe Pumps 44
4.2.3 Patient-Controlled Analgesia Pumps 46
4.2.4 Electronic Ambulatory Pumps 48
4.2.5 Disposable Ambulatory Infusion Pump 50
4.2.6 Intravenous Sets 51
4.2.6.1 Pump Sets 51
4.2.6.2 Gravity Sets 51
4.2.6.3 Secondary Sets 52
4.2.6.4 Extension Sets 52
4.2.7 Needleless Connectors 54
4.2.7.1 Split Septum and Blunt Cannula 54
4.2.7.2 Mechanical Valves 54
4.2.7.3 Negative Displacement Mechanical Valves 55
4.2.7.4 Positive Displacement Mechanical Valves 55
4.2.7.5 Neutral Displacement Mechanical Valves 55
4.2.7.6 Anti-Reflux Neutral Displacement Mechanical Valves 55
4.2.7.7 Antimicrobial Needleless Connectors 56
4.2.8 Stopcocks 57
4.2.9 Intravenous Filters 58
4.2.10 Blood Transfusion Devices 59
4.2.10.1 Blood Transfusion Sets 59
4.2.10.2 Blood Warmers 60
4.3 REGULATORY ISSUES AND RECALLS 62
4.3.1 Argon Medical Devices 62
4.3.1.1 Stopcocks 62
4.3.2 Baxter 63
4.3.2.1 Infusion Pump 63
4.3.2.2 Intravenous Sets 65
4.3.2.3 Needleless Connectors 66
4.3.2.4 Blood Transfusion Devices 66
4.3.3 Becton Dickinson 67
4.3.3.1 Intravenous Sets 67
4.3.3.2 Infusion Pumps 68
4.3.4 Fresenius 68
4.3.4.1 Infusion Pumps 68
4.3.5 ICU Medical 69
4.3.5.1 Infusion Pumps 69
4.3.5.2 Intravenous Sets 69
4.3.6 Medtronic 71
4.3.6.1 Intravenous Sets 71
4.3.7 MOOG Corporation 72
4.3.7.1 Intravenous Sets 72
4.3.8 Smiths Medical 73
4.3.8.1 Infusion Pump 73
4.3.8.2 Intravenous Sets 75
4.3.8.3 Stopcocks 75
4.3.9 Vygon USA 76
4.3.9.1 Intravenous Sets 76
4.3.9.2 Stopcocks 76
4.3.10 Zyno Medical Products 77
4.3.10.1 Intravenous Sets 77
4.4 CLINICAL TRIALS 78
4.4.1 Careggi Hospital 79
4.4.2 Jeffrey N. Bruce 79
4.4.3 Johaan Wolfgang Goethe University Hospital 80
4.4.4 Mahidol University 80
4.4.5 Medallion Therapeutics, Inc. 81
4.4.6 Memorial Sloan Kettering Cancer Center 82
4.4.7 Michael J Cavnar, MD 83
4.4.8 National Cancer Institute 84
4.4.9 Octapharma 85
4.4.10 Xiangya Hospital of Central South University 86
4.4.11 Yonsei University 86

GLOBAL INFUSION THERAPY DEVICE MARKET OVERVIEW

5.1 INTRODUCTION 88
5.2 MARKET OVERVIEW & TREND ANALYSIS 90
5.2.1 By Segment 90
5.2.2 By Region 93
5.3 DRIVERS AND LIMITERS 96
5.3.1 Market Drivers 96
5.3.2 Market Limiters 98
5.4 COMPETITIVE MARKET SHARE ANALYSIS 100
5.5 MERGERS AND ACQUISITIONS 107
5.6 COMPANY PROFILES 109
5.6.1 Avanos Medical 109
5.6.2 Baxter 110
5.6.3 B. Braun 111
5.6.4 Becton Dickinson 112
5.6.5 ICU Medical 114
5.6.6 Smiths Medical 115
5.7 SWOT ANALYSIS 116
5.7.1 Avanos Medical 117
5.7.2 Baxter 118
5.7.3 B. Braun 119
5.7.4 Becton Dickinson 120
5.7.5 ICU Medical 121
5.7.6 Smiths Medical 122

INFUSION PUMP MARKET

6.1 EXECUTIVE SUMMARY 123
6.1.1 Global Infusion Pump Market Overview 123
6.1.2 Competitive Analysis 126
6.1.3 Markets Included 127
6.1.4 Regions Included 128
6.2 INTRODUCTION 130
6.3 MARKET OVERVIEW 131
6.3.1 By Segment 132
6.3.2 By Region 134
6.4 MARKET ANALYSIS AND FORECAST 136
6.4.1 Large Volume Infusion Pump Market 136
6.4.2 Syringe Infusion Pump Market 142
6.4.3 Patient-Controlled Analgesia Infusion Pump Market 148
6.4.4 Electronic Ambulatory Infusion Pump Market 153
6.4.5 Disposable Ambulatory Infusion Pump Market 158
6.5 DRIVERS AND LIMITERS 162
6.5.1 Market Drivers 162
6.5.2 Market Limiters 164
6.6 COMPETITIVE MARKET SHARE ANALYSIS 166

INTRAVENOUS SET MARKET

7.1 EXECUTIVE SUMMARY 173
7.1.1 Global Intravenous Set Market Overview 173
7.1.2 Competitive Analysis 176
7.1.3 Markets Included 177
7.1.4 Regions Included 178
7.2 INTRODUCTION 180
7.3 MARKET OVERVIEW 181
7.3.1 By Segment 181
7.3.2 By Region 184
7.4 MARKET ANALYSIS AND FORECAST 186
7.4.1 Pump Set Market 186
7.4.2 Gravity Set Market 191
7.4.3 Extension Set Market 195
7.4.4 Secondary Set Market 199
7.5 DRIVERS AND LIMITERS 203
7.5.1 Market Drivers 203
7.5.2 Market Limiters 204
7.6 COMPETITIVE MARKET SHARE ANALYSIS 205

NEEDLELESS CONNECTOR MARKET

8.1 EXECUTIVE SUMMARY 210
8.1.1 Global Needleless Connector Market Overview 210
8.1.2 Competitive Analysis 213
8.1.3 Markets Included 214
8.1.4 Regions Included 215
8.2 INTRODUCTION 217
8.3 MARKET OVERVIEW 219
8.3.1 By Segment 221
8.3.2 By Region 223
8.4 MARKET ANALYSIS AND FORECAST 225
8.4.1 Total Needleless Connector Market 225
8.4.2 Split Septum and Blunt Cannula Needleless Connector Market 230
8.4.3 Mechanical Valve Needleless Connector Market 235
8.5 DRIVERS AND LIMITERS 240
8.5.1 Market Drivers 240
8.5.2 Market Limiters 241
8.6 COMPETITIVE MARKET SHARE ANALYSIS 243

STOPCOCK MARKET

9.1 EXECUTIVE SUMMARY 248
9.1.1 Global Stopcock Market Overview 248
9.1.2 Competitive Analysis 251
9.1.3 Regions Included 252
9.2 INTRODUCTION 254
9.3 MARKET ANALYSIS AND FORECAST 255
9.4 DRIVERS AND LIMITERS 261
9.4.1 Market Drivers 261
9.4.2 Market Limiters 262
9.5 COMPETITIVE MARKET SHARE ANALYSIS 263

BLOOD TRANSFUSION SET MARKET

10.1 EXECUTIVE SUMMARY 268
10.1.1 Global Blood Transfusion Set Market Overview 268
10.1.2 Regions Included 271
10.2 INTRODUCTION 273
10.3 MARKET ANALYSIS AND FORECAST 274
10.4 DRIVERS AND LIMITERS 280
10.4.1 Market Drivers 280
10.4.2 Market Limiters 281

Top Infusion Therapy Companies Analyzed
Actimed AmbIT Ambu Amsino Applied Medical Acromed Argon Medical Aries Avanos Medical B. Braun Baxter Becton Dickinson Bexen Medical BMS Critical Care Codan CoMedical Crest Medical Elcam Ferrari L. Medical Devices Fresenius Kabi Halkey Roberts Hospital Service ICU Medical IMS Euro Iradimed	Ivenix Kimal Leventon Macropharm Mediplast Mindray Mircel Moog Multimedical Nexus Medical Nipro Medical Nordson Medical NP Medical Promed Qosina Rymed Technologies Samtronic Sanitas Smiths Medical Teleflex Terumo Vygon Walkmed Infusion Woo Young Medical Zyno Medical

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

Original primary research that consists of the most up-to-date market data
Strong foundation of quantitative and qualitative research
Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology