Global Micro-pumps Market, By Product Type, By Application, By End user, By Geography

PUBLISHED: February 8, 2024

PAGES: 165 Pages

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Description

The global micro-pumps market is projected to exhibit substantial growth, increasing from US$ 2.21 Bn in 2023 to an estimated US$ 7.99 Bn by 2031 this growth is anticipated to be driven by a notable CAGR of 17.4% during the period of 2024-2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 2.21 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	17.40%	2030/2031 Value Projection:	US$ 7.99 Bn

Figure 1. Global Micro-pumps Market Share (%), By Region, 2024

The micro-pumps market has been growing significantly over the past few years due to the increasing application of microfluidic systems in the healthcare industry. Micro pumps are essential components used to propel fluids in microscopic quantities in various medical devices. Their ability to handle small volumes of liquids with a high degree of precision has made them invaluable for a wide range of applications, including drug delivery systems, lab-on-a-chip devices, micro-dialysis, and biosensors. The rising demand for point-of-care testing and diagnostics is expected to drive further expansion of the market during the forecast period. Additionally, technological advancements in microfluidic technologies and the growing adoption of micro pumps in surgical procedures are some of the key factors anticipated to boost the demand for micro pumps in the upcoming years.

Market Dynamics:

The global micro-pumps market is primarily driven by the increasing demand for miniaturized medical devices along with the rising adoption of microfluidic technologies in the healthcare sector. The growing prevalence of chronic diseases worldwide has been augmenting the demand for drug delivery systems and surgical procedures that use micro pumps. However, market growth can be limited due to the high costs associated with research and development of micro-pumps. On the brighter side, the emergence of wearable and implantable medical devices provides tremendous opportunities for micro-pump manufacturers in the future.

Key features of the study:

This report provides in-depth analysis of the global micro-pumps market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global micro-pumps market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies - Key companies covered as a part of this study include Bartels Mikrotechnik GmbH, Burkert Fluid Control Systems, TOPS INDUSTRY & TECHNOLOGY CO. LTD., The Lee Company, Xiamen AJK Technology Co. Ltd., Xavitech, ALLDOO Micropump, Servoflo Corporation, Dolomite Microfluidics(Backtrace Holdings Ltd.), TTp ventus, Arcmed Group (Halma).
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global micro-pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global micro-pumps market.

Detailed Segmentation:

Global Micro-pumps Market, By Product
- Mechanical
- Non-mechanical
Global Micro-pumps Market, By Application
- Drug Delivery
- In-vitro Diagnostics
- Medical Devices
- Others
Global Micro-pumps Market, By End user
- Biotechnological & Pharmaceutical Companies
- Hospitals & Diagnostic Centers
- Academic & Research Institutes
Global Micro-pumps Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Top Companies in the Global Micro-pumps Market:
- Bartels Mikrotechnik GmbH
- Burkert Fluid Control Systems
- TOPS INDUSTRY & TECHNOLOGY CO. LTD.
- The Lee Company
- Xiamen AJK Technology Co. Ltd.
- Xavitech
- ALLDOO Micropump
- Servoflo Corporation
- Dolomite Microfluidics(Backtrace Holdings Ltd.)
- TTp ventus
- Arcmed Group (Halma)

Product Code: CMI6621

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By End Use
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Growing demand for medical devices
- Emerging wearable medical devices market
- High cost associated with microfluidic devices
Key Highlights
Regulatory Scenario
Recent Trends
PEST Analysis
PORTER's Analysis
Product Launches
Mergers, Acquisitions, and Collaborations

4. Global Micro-pumps Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Micro-pumps Market, By Product, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Mechanical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Non-mechanical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)

6. Global Micro-pumps Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Drug Delivery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
In-vitro Diagnostics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Medical Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)

7. Global Micro-pumps Market, By End Use, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Biotechnological & Pharmaceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Hospitals & Diagnostic Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Academic & Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)

8. Global Micro-pumps Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 -2031
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031, (US$
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2019-2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031, (US$ Bn)
North Africa
Central Africa
South Africa

9. Competitive Landscape

Company Profile
- Bartels Mikrotechnik GmbH
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Burkert Fluid Control Systems
- TOPS INDUSTRY & TECHNOLOGY CO. LTD.
- The Lee Company
- Xiamen AJK Technology Co. Ltd.
- Xavitech
- ALLDOO Micropump
- Servoflo Corporation
- Dolomite Microfluidics (Backtrace Holdings Ltd.)
- TTp ventus
- Arcmed Group (Halma)
Analyst Views