Reports
Reports
Sale
The global smart implantable pumps market size is expected to grow in the forecast period of 2023-2028 at a CAGR of 7.80%, driven by the increasing prevalence of chronic conditions and growing healthcare infrastructure across the globe.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Smart implantable pumps refer to advanced drug delivery devices or systems that are implanted under the skin. Such technology is employed for the administration of a constant dose of drugs including chemotherapeutic, anti-spasmodic, and opioid drugs. With the smart implantable pumps, it is easier to monitor the release of drugs. These devices are commonly used for patients experiencing chronic conditions like diabetes, cancer, cardiac issues, chronic pain, and neurological conditions.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on type, the market can be segmented into perfusion pumps and micro-pumps. On the basis of application, the market is categorised into pain control, and cardiovascular, among others. Based on end use, the market is segregated into hospitals, and ambulatory surgical centres, among others. The regional markets for smart implantable pumps can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global smart implantable pumps market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The cardiovascular segment is expected to witness substantial growth in the smart implantable pumps market share across the globe on account of the increase in the prevalence of cardiovascular diseases among the rising population across the globe. An upsurge in the incidence of heart failure along with a shortage of heart donors is likely to boost the segment growth over the forecast period. Furthermore, with smart implantable pumps, patients can be provided with a steady and regular dosage, preventing cardiac crises. Changing lifestyles in emerging economies is resulting in increased risk for cardiovascular disorders which are likely to drive the segment growth in the market.
Meanwhile, pain control applications of smart implantable pumps hold a sizable share of the market due to the increase in chronic pain patients worldwide. While there are many treatment protocols for chronic pain, smart implantable pumps are often beneficial for those suffering from extreme and consistent pain.
Geographically, the North America region is expected to account for substantial growth in the smart implantable pumps market on account of the rising prevalence of cardiac diseases as well as chronic pain. The increasing health expenditure and presence of a growing geriatric population is likely to enhance the market demand for smart implantable pumps across the region, as geriatrics are more prone to chronic diseases.
Technological maturity and accessibility to advanced healthcare devices in countries such as the United States is likely to fuel the market share of smart implantable pumps in the region. The rising focus on patient monitoring and data logging is expected to increase the adoption of smart implantable pumps which enable better data analysis and patient care.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
ICU Medical, Inc. is a medical device company that develops, manufactures, commercialises, and distributes devices used in infusion therapy and critical care applications. Its major product offerings comprise of IV smart pumps, IV solutions, automated pharmacy IV compounding systems, IV sets, closed system transfer devices, needle-free connectors, cardiac output monitoring sensors and catheters, and hemodynamic monitoring systems, among others. The company provides its products to acute care hospitals, ambulatory clinics, and wholesalers, among other healthcare facilities.
Medtronic was established in 1949 and is one of the leading medical device companies across the globe. The company aims to create connections to optimise healthcare systems. The company has developed additional core technologies, comprising of drug and biologic delivery devices, implantable mechanical devices, and powered and advanced energy surgical instruments.
Flowonix Medical Inc. was founded in 2005 and is a medical device company. It provides insulin, valve-regulated intrathecal pumps, refillable pumps, catheters, pump diagnostic systems, and power electromagnetic valves. The company is dedicated to working with healthcare professionals to aid in the easing of suffering and helping people regain their lives through innovation and therapy advancements.
Other market players include Cognos Therapeutics, Inc, and Tricumed Medizintechnik GmbH, among others.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Application |
|
Breakup by End Use |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Implantable Pumps Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Implantable Pumps Historical Market (2018-2022)
8.3 Global Smart Implantable Pumps Market Forecast (2023-2028)
8.4 Global Smart Implantable Pumps Market by Type
8.4.1 Perfusion Pumps
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Micro-Pumps
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Smart Implantable Pumps Market by Application
8.5.1 Pain Control
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cardiovascular
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Smart Implantable Pumps Market by End Use
8.6.1 Hospitals
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Ambulatory Surgical Centres
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Smart Implantable Pumps Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Smart Implantable Pumps Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Smart Implantable Pumps Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Smart Implantable Pumps Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Smart Implantable Pumps Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Smart Implantable Pumps Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ICU Medical, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Medtronic
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Flowonix Medical Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Cognos Therapeutics, Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Tricumed Medizintechnik GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Smart Implantable Pumps Market: Key Industry Highlights, 2018 and 2028
2. Global Smart Implantable Pumps Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Smart Implantable Pumps Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Smart Implantable Pumps Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Smart Implantable Pumps Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Smart Implantable Pumps Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Smart Implantable Pumps Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Smart Implantable Pumps Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Smart Implantable Pumps Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Smart Implantable Pumps Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Smart Implantable Pumps Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Smart Implantable Pumps Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Smart Implantable Pumps Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Smart Implantable Pumps Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Smart Implantable Pumps Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Smart Implantable Pumps Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Smart Implantable Pumps Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Smart Implantable Pumps Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Smart Implantable Pumps Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Smart Implantable Pumps Market Structure
The market is assessed to grow at a CAGR of 7.80% between 2023 and 2028.
The major market drivers are the growing prevalence of chronic diseases, increasing geriatric population, and the ease of administration they offer.
The key smart implantable pumps market trends include technological advancements in smart pumps, the growing healthcare industry, and increasing healthcare spending across the globe.
The primary types of smart implantable pumps are perfusion pumps and micro-pumps.
End uses of smart implantable pumps include hospitals, and ambulatory surgical centres, among others.
The various applications of smart implantable pumps include pain control, and cardiovascular, among others.
The major players in the market are ICU Medical, Inc., Medtronic, Flowonix Medical Inc., Cognos Therapeutics, Inc, and Tricumed Medizintechnik GmbH, among others.
Smart implantable pumps reduce medication errors, improve treatment, lower adverse drug reactions, and are cost-effective.
As opposed to traditional pumps, which require healthcare personnel to compute flow rate or employ dose/duration-rate calculators, smart pumps readily provide programming fields that match medicine orders.
Smart implantable pumps are connected to reservoirs where the drugs are stored, which is linked with catheters placed under the skin.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.