Report Overview

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

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Infusion Pumps Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Advances in infusion pump technology, such as the development of smart pumps and wireless connectivity
         2. Government initiatives to provide affordable and accessible healthcare
         3. Rising incidence of chronic diseases
      2. Restraints
         1. High cost of infusion pumps
         2. Lack of skilled healthcare professionals
      3. Opportunities
         1. Growing medical tourism
         2. Increasing healthcare expenditure
      4. Challenges
         1. Competition from alternative drug delivery methods
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Infusion Pumps Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
         1. Large Volume Infusion Pumps
         2. Syringe Infusion Pumps
         3. Insulin Pumps
         4. Enteral Feeding Pumps
         5. Elastomeric Pumps
         6. Implantable Pumps
      2. By Usage
         1. Stationary
         2. Ambulatory
      3. By Application
         1. Oncology
         2. Diabetes
         3. Gastroenterology
         4. Analgesia/Pain Management
         5. Pediatrics/Neonatology
         6. Hematology
         7. Others
      4. By End User
         1. Hospitals & Clinics
         2. Home Care Settings
         3. Ambulatory Care Settings
         4. Others
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India Infusion Pumps Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Usage
      3. By Application
      4. By End User
6. South India Infusion Pumps Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Usage
      3. By Application
      4. By End User
7. East India Infusion Pumps Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Usage
      3. By Application
      4. By End User
8. West India Infusion Pumps Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Usage
      3. By Application
      4. By End User
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India Infusion Pumps Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Infusion Pumps Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. BD
    2. Baxter International Inc.
    3. Medtronic plc
    4. Fresenius Kabi AG
    5. Terumo Corporation
    6. Roche Diagnostics India Pvt Ltd
    7. Johnson & Johnson Private Limited
    8. Braun Melsungen AG
    9. Smith’s Medical India Pvt Ltd
    10. Nipro India Corporation Pvt Ltd
    11. Zynova Pharmaceuticals Pvt Ltd
    12. NIKKISO CO., LTD.
    13. Mindray Medical India Pvt Ltd
    14. Stryker Corporation
    15. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*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