India Infusion Pumps Market
India Infusion Pumps Market - By Product (Large Volume Infusion Pumps, Syringe Infusion Pumps, Insulin Pumps, Enteral Feeding Pumps, Elastomeric Pumps, Implantable Pumps); By Usage (Stationary, Ambulatory); By Application (Oncology, Diabetes, Gastroenterology, Analgesia/Pain Management, Pediatrics/Neonatology, Hematology, Others); By End User (Hospitals & Clinics, Home Care Settings, Ambulatory Care Settings, Others); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: June 2023
- Report ID: BWC23465
- Available Format: PDF
- Page: 200
Report Overview
Increasing adoption of advancements in the infusion pump technology, such as the development of smart pumps and wireless connectivity; and government initiatives to provide affordable and accessible healthcare are expected to boost the growth of India Infusion Pumps Market during the forecast period between 2023 and 2029.
India Infusion Pumps Market - Industry Trends & Forecast Report, 2029
The India infusion pumps market size in 2023 was USD 0.68 Billion and is grow at USD 1.03 Billion in 2029 with a CAGR of 7.18% during the forecast period of 2023–2029. Major growth factors for the India infusion pump market include an increase in the prevalence of chronic illnesses. Infusion pumps are currently extensively utilized in several applications, including the management of diabetes and chemotherapy. Additionally, it is projected that the aging population will further fuel the market for infusion pumps. It is also predicted that the increase in surgical procedures will further propel the market growth for infusion pumps.
India Infusion Pumps Market – Overview
An infusion pump is a medical device that administers fluids into a patient's body in precisely measured amounts, including nutrients and drugs. Infusion pumps are frequently used in clinical settings, including hospitals, nursing homes, and private residences. The design of the infusion pump allows it to administer either large or small doses of nutrition and drugs. The drugs include antibiotics, insulin, and other hormones; chemotherapeutic treatments; and painkillers that are infused. The three kinds of conventional infusion pumps include syringe infusion pumps, disposable pumps, large-volume pumps, and elastomeric pumps.
India Infusion Pumps Market
Growth Drivers
Rising Incidence of Chronic Diseases
India is among the major countries with the largest patient pool for various chronic conditions, including diabetes and cancer, which acts as a major driving factor for the infusion pump market in the country. According to a recent study published in the Lancet, 101 million Indians, or 11.4% of the population, are estimated to have diabetes. According to researchers, diabetes prevalence in India's population was far higher than previously thought. According to previous estimates by the WHO, 77 million people in India had diabetes, and over 25 million were pre-diabetics who are more likely to develop the disease in the near future. The increasing prevalence of such chronic illnesses in the country is anticipated to propel market demand for infusion pumps during the forecast period.
Restraints
High Cost of Infusion Pumps
Infusion pumps are expensive, which is one of the factors slowing down the market's expansion in India. An infusion pump typically costs between INR 20,000 and INR 1.5 lakh (about USD 250 and USD 1,800), making it expensive for some people. In a price-sensitive country like India, where a sizable section of the populace lives in poverty and has limited access to healthcare, this cost barrier is especially relevant. Even if it is advised by their doctor, many diabetic patients in India might not be able to afford insulin pump therapy.
Impact of COVID-19 on the India Infusion Pumps Market
The COVID-19 pandemic had a mixed impact on the India infusion pumps market. The pandemic had a detrimental effect on the market, as it disrupted supply chains, restricted access to healthcare services, and created economic uncertainty. Import limitations led to shortages of infusion pumps and other diabetes care items, which had a severe impact on patients' access to these devices. People with diabetes found it difficult to get the appropriate care, such as insulin pump therapy, due to limited access to healthcare facilities. However, the pandemic led to a spike in demand for infusion pumps in home care settings, which has driven the market.
India Infusion Pumps Market
Segmental Coverage
India Infusion Pumps Market – By Product
Based on product, the India Infusion Pumps market is segregated into large-volume infusion pumps, syringe infusion pumps, insulin pumps, enteral feeding pumps, elastomeric pumps, and implantable pumps. Insulin pumps hold the highest share in the India infusion pump market owing to the high prevalence of type 1 diabetes in the country. Compared to traditional insulin injection therapy, insulin pumps have a variety of benefits, including a more accurate dosage and the capacity to continuously monitor blood glucose levels.
India Infusion Pumps Market – By Usage
Based on usage, the India infusion pump market is split into stationary and ambulatory segments. The stationary infusion pumps segment accounts for a higher market share. A stationary IV pump is frequently used to give intravenous fluid resuscitation to more than 30% of ICU patients. Complex pharmaceutical regimens, including chemotherapy or cardiac anesthetics, can be administered with these pumps. However, the ambulatory IV pumps are projected to register a higher CAGR during the forecast period owing to the inconvenience caused by their stationary counterparts during their transportation.
India Infusion Pumps Market – By Application
Based on application, the India infusion pumps market is segmented into oncology, diabetes, gastroenterology, analgesia/pain management, pediatrics/neonatology, hematology, and others. The diabetes segment holds the largest share in the India infusion pumps market owing to the high prevalence of this chronic condition among Indians. According to a paper published in the National Center for Biotechnology Information, in India, 77 million people were estimated to have diabetes in 2019, and by 2045, that number is projected to reach over 134 million, which is directly influencing the demand for infusion pumps in India.
India Infusion Pumps Market – By End User
Based on end users, the India infusion pumps market is segmented into hospitals and clinics, home care settings, ambulatory care settings, and others. Due to the significant number of outpatient visits for the diagnosis and treatment of different chronic illnesses as well as the availability of skilled employees to operate such devices, hospitals, and clinics hold the biggest market share. However, home care settings are projected to register the highest growth rate during the forecast period. The segment's expansion is being significantly fueled by an increasing desire to treat chronic patients at home.
India Infusion Pumps Market – By Region
The in-depth research report on the India infusion pumps market covers the following major regions: North India, South India, East India, and West India. South India dominates the India infusion pumps market. Southern states, including Tamil Nadu and Telangana, with Kerala topping the list, are among the best-performing states in terms of health parameters, according to the fourth Health Index launched by NITI Aayog, as reported by the Economic Times. The improved accessibility to healthcare acts as a major driving factor for the infusion pumps in the South India region.
Competitive Landscape
Major players operating in the India infusion pumps market include BD, Baxter International Inc., Medtronic plc, Fresenius Kabi AG, Terumo Corporation, Roche Diagnostics India Pvt Ltd, Johnson & Johnson Private Limited, Braun Melsungen AG, Smiths Medical India Pvt Ltd, Nipro India Corporation Pvt Ltd, Zynova Pharmaceuticals Pvt Ltd, NIKKISO CO., LTD., Mindray Medical India Pvt Ltd, and Stryker Corporation.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period– 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
North India, South India, East India, West India |
Product/ Service Segmentation |
Product, Usage, Application, End User, Region |
Key Players |
BD, Baxter International Inc., Medtronic plc, Fresenius Kabi AG, Terumo Corporation, Roche Diagnostics India Pvt Ltd, Johnson & Johnson Private Limited, Braun Melsungen AG, Smith’s Medical India Pvt Ltd, Nipro India Corporation Pvt Ltd, Zynova Pharmaceuticals Pvt Ltd, NIKKISO CO., LTD., Mindray Medical India Pvt Ltd, Stryker Corporation |
By Product
-
Large Volume Infusion Pumps
-
Syringe Infusion Pumps
-
Insulin Pumps
-
Enteral Feeding Pumps
-
Elastomeric Pumps
-
Implantable Pumps
By Usage
-
Stationary
-
Ambulatory
By Application
-
Oncology
-
Diabetes
-
Gastroenterology
-
Analgesia/Pain Management
-
Pediatrics/Neonatology
-
Hematology
-
Others
By End User
-
Hospitals & Clinics
-
Home Care Settings
-
Ambulatory Care Settings
-
Others
By Region
-
North India
-
South India
-
East India
-
West India
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Infusion Pumps Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Advances in infusion pump technology, such as the development of smart pumps and wireless connectivity
- Government initiatives to provide affordable and accessible healthcare
- Rising incidence of chronic diseases
- Restraints
- High cost of infusion pumps
- Lack of skilled healthcare professionals
- Opportunities
- Growing medical tourism
- Increasing healthcare expenditure
- Challenges
- Competition from alternative drug delivery methods
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Infusion Pumps Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- Large Volume Infusion Pumps
- Syringe Infusion Pumps
- Insulin Pumps
- Enteral Feeding Pumps
- Elastomeric Pumps
- Implantable Pumps
- By Usage
- Stationary
- Ambulatory
- By Application
- Oncology
- Diabetes
- Gastroenterology
- Analgesia/Pain Management
- Pediatrics/Neonatology
- Hematology
- Others
- By End User
- Hospitals & Clinics
- Home Care Settings
- Ambulatory Care Settings
- Others
- By Region
- North India
- South India
- East India
- West India
- By Product
- Market Size & Forecast, 2019–2029
- North India Infusion Pumps Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Usage
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- South India Infusion Pumps Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Usage
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- East India Infusion Pumps Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Usage
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- West India Infusion Pumps Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Usage
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- India Infusion Pumps Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on India Infusion Pumps Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- BD
- Baxter International Inc.
- Medtronic plc
- Fresenius Kabi AG
- Terumo Corporation
- Roche Diagnostics India Pvt Ltd
- Johnson & Johnson Private Limited
- Braun Melsungen AG
- Smith’s Medical India Pvt Ltd
- Nipro India Corporation Pvt Ltd
- Zynova Pharmaceuticals Pvt Ltd
- NIKKISO CO., LTD.
- Mindray Medical India Pvt Ltd
- Stryker Corporation
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 India Infusion Pumps Segmentation
Figure 2 India Infusion Pumps Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Figure 5 India Infusion Pumps Market Share, By Product, By Value, 2019–2029
Figure 6 India Infusion Pumps Market Share, By Usage, By Value, 2019–2029
Figure 7 India Infusion Pumps Market Share, By Application, By Value, 2019–2029
Figure 8 India Infusion Pumps Market Share, By End User, By Value, 2019–2029
Figure 9 North India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Figure 10 North India Infusion Pumps Market Share, By Product, By Value, 2019–2029
Figure 11 North India Infusion Pumps Market Share, By Usage, By Value, 2019–2029
Figure 12 North India Infusion Pumps Market Share, By Application, By Value, 2019–2029
Figure 13 North India Infusion Pumps Market Share, By End User, By Value, 2019–2029
Figure 14 South India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Figure 15 South India Infusion Pumps Market Share, By Product, By Value, 2019–2029
Figure 16 South India Infusion Pumps Market Share, By Usage, By Value, 2019–2029
Figure 17 South India Infusion Pumps Market Share, By Application, By Value, 2019–2029
Figure 18 South India Infusion Pumps Market Share, By End User, By Value, 2019–2029
Figure 19 East India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Figure 20 East India Infusion Pumps Market Share, By Product, By Value, 2019–2029
Figure 21 East India Infusion Pumps Market Share, By Usage, By Value, 2019–2029
Figure 22 East India Infusion Pumps Market Share, By Application, By Value, 2019–2029
Figure 23 East India Infusion Pumps Market Share, By End User, By Value, 2019–2029
Figure 24 West India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Figure 25 West India Infusion Pumps Market Share, By Product, By Value, 2019–2029
Figure 26 West India Infusion Pumps Market Share, By Usage, By Value, 2019–2029
Figure 27 West India Infusion Pumps Market Share, By Application, By Value, 2019–2029
Figure 28 West India Infusion Pumps Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Table 2 India Infusion Pumps Market Size, By Product, By Value, 2019–2029
Table 3 India Infusion Pumps Market Size, By Usage, By Value, 2019–2029
Table 4 India Infusion Pumps Market Size, By Application, By Value, 2019–2029
Table 5 India Infusion Pumps Market Size, By End User, By Value, 2019–2029
Table 6 North India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Table 7 North India Infusion Pumps Market Size, By Product, By Value, 2019–2029
Table 8 North India Infusion Pumps Market Size, By Usage, By Value, 2019–2029
Table 9 North India Infusion Pumps Market Size, By Application, By Value, 2019–2029
Table 10 North India Infusion Pumps Market Size, By End User, By Value, 2019–2029
Table 11 South India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Table 12 South India Infusion Pumps Market Size, By Product, By Value, 2019–2029
Table 13 South India Infusion Pumps Market Size, By Usage, By Value, 2019–2029
Table 14 South India Infusion Pumps Market Size, By Application, By Value, 2019–2029
Table 15 South India Infusion Pumps Market Size, By End User, By Value, 2019–2029
Table 16 East India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Table 17 East India Infusion Pumps Market Size, By Product, By Value, 2019–2029
Table 18 East India Infusion Pumps Market Size, By Usage, By Value, 2019–2029
Table 19 East India Infusion Pumps Market Size, By Application, By Value, 2019–2029
Table 20 East India Infusion Pumps Market Size, By End User, By Value, 2019–2029
Table 21 West India Infusion Pumps Market Size, By Value (USD Million), 2019–2029
Table 22 West India Infusion Pumps Market Size, By Product, By Value, 2019–2029
Table 23 West India Infusion Pumps Market Size, By Usage, By Value, 2019–2029
Table 24 West India Infusion Pumps Market Size, By Application, By Value, 2019–2029
Table 25 West India Infusion Pumps Market Size, By End User, By Value, 2019–2029
Table 26 BD Company Overview
Table 27 BD Financial Overview
Table 28 Baxter International Inc. Company Overview
Table 29 Baxter International Inc. Financial Overview
Table 30 Medtronic plc Company Overview
Table 31 Medtronic plc Financial Overview
Table 32 Fresenius Kabi AG Company Overview
Table 33 Fresenius Kabi AG Financial Overview
Table 34 Terumo Corporation Company Overview
Table 35 Terumo Corporation Financial Overview
Table 36 Roche Diagnostics India Pvt Ltd Company Overview
Table 37 Roche Diagnostics India Pvt Ltd Financial Overview
Table 38 Johnson & Johnson Private Limited Company Overview
Table 39 Johnson & Johnson Private Limited Financial Overview
Table 40 Braun Melsungen AG Company Overview
Table 41 Braun Melsungen AG Financial Overview
Table 42 Smith’s Medical India Pvt Ltd Company Overview
Table 43 Smith’s Medical India Pvt Ltd Financial Overview
Table 44 Nipro India Corporation Pvt Ltd Company Overview
Table 45 Nipro India Corporation Pvt Ltd Financial Overview
Table 46 Zynova Pharmaceuticals Pvt Ltd Company Overview
Table 47 Zynova Pharmaceuticals Pvt Ltd Financial Overview
Table 48 NIKKISO CO., LTD. Company Overview
Table 49 NIKKISO CO., LTD. Financial Overview
Table 50 Mindray Medical India Pvt Ltd Company Overview
Table 51 Mindray Medical India Pvt Ltd Financial Overview
Table 52 Stryker Corporation Company Overview
Table 53 Stryker Corporation Financial Overview
Market Segmentation
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