The European infusion therapy devices market is anticipated to grow at a CAGR of 5.8% during the forecast period. Major European economies contributing to the market are the UK, Germany and France. Various biotech companies are working in the field of infusion therapy devices in these economies. The market is being significantly driven by the increasing number of surgeries performed coupled with the significant prevalence of chronic diseases in the region. As per the Eurostat, considerable growth in appendectomies performed with the use of keyhole surgery was reported in the EU hospitals in 2017. Laparoscopic appendectomy was the most common procedure in 2017. Among the 23 EU Member States, four Member States, including Finland, Poland, Lithuania and Estonia (2013-2017) were reported the frequency of this procedure more than doubled, while there were even faster expansions in Slovenia (3.5 times as high in 2017 as in 2012), Cyprus (5.2 times; 2013-2017) and Malta (6.3 times).
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The European infusion therapy devices market is segmented on the basis of product type, application, and end-user. Based on the product type, the market is classified into infusion pumps and consumables & accessories. Based on the application, the market is segregated into oncology, diabetes, gastroenterology, analgesia, hematology, and others. The end-user segment is classified into hospitals, home care, and ambulatory surgery centers.
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European Infusion Therapy Devices Market Segmentation
By Product Type
- Infusion Pumps
- Consumables & Accessories
By Application
- Oncology
- Diabetes
- Gastroenterology
- Analgesia
- Hematology
- Others (Pediatrics)
By End-User
- Hospitals
- Homecare
- Ambulatory Surgery Centers
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Braun Melsungen AG
- Baxter International, Inc.
- Becton, Dickinson and Co.
- Caesarea Medical Electronics Ltd.
- Fresenius SE & Co. KGaA
- Johnson & Johnson Services, Inc.
- Medtronic PLC
- Novartis AG
- Smith’s Group PLC
- Terumo Corp.
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