The United States' Infusion Therapy Device Market was valued at $3.0 billion in 2022 and is expected to exceed $3.6 billion by the end of the forecast period, with a projected compound annual growth rate (CAGR) of 2.5%.
Our medical market research involved the analysis of over 40 Infusion Therapy companies throughout the United States, utilizing a comprehensive methodology to understand market sizes, unit sales, company market shares, and create accurate forecasts.
The U.S. Market for Infusion Therapy Devices full report suite provides extensive analysis on various segments, including the Infusion Pump Market, Intravenous Set Market, Needleless Connector Market, Stopcock Market, Intravenous Filter Market, and the Blood Transfusion Market.
DATA TYPES INCLUDED:
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Market Forecasts Until 2029, and Historical Data to 2019
- Market Drivers & Limiters for Each Infusion Therapy Device market
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID-19 Impact on the Infusion Therapy Market in the US
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT Analysis for all Leading Competitors
INFUSION THERAPY MARKET INSIGHTS
The outpatient settings market is witnessing substantial growth in the infusion therapy device market as healthcare costs continue to rise. Patients are receiving treatments in settings such as homecare, specialty clinics, and ambulatory surgical centers, leading to a higher cost per device. Due to the limited purchasing power of these alternate care sites, infusion therapy products become more expensive.
U.S. INFUSION THERAPY MARKET SHARE INSIGHTS
The infusion therapy device market in the United States is dominated by a few key players, leading to sustained high prices and driving growth throughout the forecast period. These dominant players often produce products across multiple segments that are intended to be used together, and healthcare providers tend to prefer purchasing from a single manufacturer. To address this trend, many companies are expanding their product offerings, leading to increased competition and further market growth.
Becton Dickinson is the market leader in the U.S. infusion therapy device and consumables market, with a strong presence in almost every major market segment and dominating the top three segments: infusion pumps, IV sets, and needleless connectors. ICU Medical secured the second position, with significant market shares in infusion pump, IV set, and needleless connector markets, and being the top player in the stopcock market. Baxter held the third position, offering a comprehensive range of products in all major segments, leveraging its vast distribution network to reach a broad customer base.
DETAILED MARKET SEGMENTATION
Infusion Pumps Market - The market is broken down into segments accordingly:
- Large Volume Pump - Care Setting, Modularity, and MRI Compatibility.
- Syringe Pump - Care Setting and Modularity
- Patient-Controlled Analgesia Pump - Care Setting
- Electronic Ambulatory Pump - Care Setting
- Disposal Ambulatory Pump - Device Type and Care Setting
Intravenous Sets Market - The market is broken down into segments accordingly:
- Pump Set - Device Type, By Light Protection, By Patient Age, Care Setting
- Gravity Set - by Application and Care Setting
- Secondary Set - Care Setting
- Extension Set - By configuration, By IV Filter, By Stopcock, By Flow Control, and Care Setting
Needleless Connectors Market - The Market is Segmented by:
- Valve Type
- Device Type
- Antimicrobial Coating
- Care Setting
Stopcocks Market - The Market is Segmented by:
Intravenous Filters Market - The Market is Segmented By:
Blood Transfusion Sets Market - The Market is Segmented By:
- Device Type - Single-Chamber and Dual-Chamber
- Care Setting
RESEARCH SCOPE SUMMARY
- Regions: North America (United States)
- Historical Data: 2019-2022
- Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
- Qualitative Coverage: COVID-19 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.