The North American infusion therapy devices market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 5.0% during the forecast period. The market growth is driven by the increasing aging population and the rising incidence of chronic diseases such as diabetes, cancer, and others. Moreover, the rising number of surgeries performed in hospitals and ambulatory care settings, rising demand for diabetes management devices are contributing to the market growth in North America. The prevalence of diabetes is increasing in the region which is a major factor making a shift for the need for the infusion pump. According to IDF, the prevalence of diabetes is around 13.3% of the total adult population in the region which is expected to increase up to 14.2% by 2030 and 15% by 2045. In numbers, it is around 47.6 million in 2019 which is expected to augment 56 million by 2030.
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The North American 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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North American 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
- US
- Canada
Company Profiles
- Avanos Medical, Inc.
- B. Braun Melsungen AG
- Baxter International, Inc.
- Becton, Dickinson and Co.
- Clinical Resources, Inc.
- CME America, LLC
- ICU Medical, Inc.
- Infuserve America Inc.
- Ivenix, Inc.
- Johnson & Johnson Services, Inc.
- Medtronic PLC
- Moog Inc.
- Novartis AG
- Pall Corp.
- Terumo Corp.
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