Infusion Pumps Market
The Europe infusion pumps market is projected to grow from US$ 3,352.4 million in 2018 to US$ 4,969.8 million by 2025, at a compound annual growth rate (CAGR) of 5.8% during the forecast period (2019–2025).
This growth is primarily driven by the rising prevalence of diabetes and the increasing adoption of insulin injection pens over traditional syringes and vials. However, market expansion may be tempered by the growing availability of alternative drug delivery methods.
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Diabetes is a chronic, life-threatening condition with no definitive cure. It occurs when the body either fails to produce insulin or cannot use it effectively, leading to poor regulation of blood glucose levels. The incidence and prevalence of diabetes are steadily increasing across Europe, particularly type 2 diabetes, which is the most common form of the disease. This rise is closely linked to cultural and lifestyle changes in the region. In high-income European countries, up to 91% of adults with diabetes are diagnosed with type 2 diabetes. According to the International Diabetes Federation (IDF), around 425 million people were living with diabetes globally in 2017, a number expected to rise to 629 million by 2045—many of whom will be in Europe.
Diabetes, regardless of type, can lead to serious complications affecting multiple organs and systems in the body, significantly increasing the risk of premature death. Common complications include heart attacks, strokes, kidney failure, lower limb amputations, vision impairment, and nerve damage.
To manage diabetes effectively, patients often require regular monitoring and the external administration of insulin. The growing prevalence of diabetes across Europe is expected to be a major driver of the infusion pumps market during the forecast period.
Germany is projected to dominate the European market due to several key factors, including a rising incidence of chronic conditions such as diabetes and gastrointestinal disorders, the emergence of new market players, and the increasing adoption of infusion pumps in home care settings. However, the market's growth in Germany may be restrained by stringent government regulations for product approvals and the potential for device-related errors during infusion therapy. Despite these challenges, Germany is anticipated to hold the largest market share in the region throughout the forecast period, given its strong demand and supportive healthcare infrastructure.
Europe Infusion Pumps Strategic Insights
Strategic insights for the Europe Infusion Pumps provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Market leaders and key company profiles
BD
Terumo Corporation
F. Hoffman-La Roche Ltd
B. Braun Melsungen AG
Medtronic
Baxter
Smith Medical
Moog Inc.
ICU Medical, Inc.
Insulet Corporation.
Europe Infusion Pumps Market: Regional Insights
The geographic scope of the Europe infusion pumps market highlights the specific regions where businesses operate and compete. To succeed, companies must understand local nuances—such as consumer preferences for plug types or battery backup durations, differing economic conditions, and varying regulatory frameworks. Tailoring strategies to these unique market conditions enables businesses to better meet local needs, identify underserved regions, and adapt their product offerings accordingly. A focused regional approach supports more efficient resource allocation, sharper marketing efforts, and stronger competitive positioning, ultimately driving market expansion and sustained growth.
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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights
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