Europe Infusion Pumps Market
The Europe infusion pumps market is expected to reach US$ 4,969.8 Mn in 2025 from US$ 3,352.4 Mn in 2018. The market is estimated to grow with a CAGR of 5.8% from 2019-2025.
The growth of the market is driven by the factors such as, rising incidence of diabetes and rising adoption of insulin injection pens over traditional syringes and vials. However, the market is likely to slower down its growth due to availability of alternatives for drug delivery in the market.
Diabetes is a life-threatening chronic disease with no specialized cure. It is mainly caused by the body’s inability to produce or effectively utilize the hormone insulin. This inability prevents the body from adequately regulating blood glucose levels. Incidences and prevalence of diabetes is steadily increasing across the region. Type 2 diabetes is the most prevalent form of diabetes and has increased alongside cultural and societal changes. In high-income countries up to 91% of adults with the disease have type 2 diabetes. According to International Diabetes Federation (IDF), approximately 425 million people were living with diabetes in 2017and it is expected to reach 629 million by 2045 across the region.Prevalence Of Diabetes In The Region, 2017
Country/Territory | People with Diabetes |
Germany | 7,476.80 |
UK | 2,747.71 |
France | 3,276.42 |
Italy | 3,402.34 |
Spain | 3,584.53 |
Source: International Diabetes Federation
Diabetes of all types can lead to various complications in many parts of the body and can increase the overall risk of premature death. Heart attack, stroke, kidney failure, leg amputation, vision loss and nerve damage are the major complications associated with this disease.
Patients suffering from diabetes require frequent monitoring and external administration of insulin. The rising prevalence of diabetes across the region is expected to drive the growth of the infusion pumps market during the forecast period.
Germany is expected to lead the market in the Europe region owing to the significant increase in the prevalence of chronic diseases such as diabetes & gastrointestinal disorders, growing number of the up-coming players and increasing the popularity of infusion pumps in-home care services. However, due to the strict government regulations on approval and device errors during infusion therapy expected to hamper the growth for infusion pumps in the country. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Europe region during the forecast period.
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.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 3,352.4 Million |
| Market Size by 2025 | US$ 4,969.8 Million |
| Global CAGR (2019 - 2025) | 5.8% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2025 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Infusion Pumps refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
EUROPE INFUSION PUMPS – MARKET SEGMENTATION
By Type
By Application
By
End User
By Geography
Company Profiles
The List of Companies - Europe Infusion Pumps Market
The Europe Infusion Pumps Market is valued at US$ 3,352.4 Million in 2018, it is projected to reach US$ 4,969.8 Million by 2025.
As per our report Europe Infusion Pumps Market, the market size is valued at US$ 3,352.4 Million in 2018, projecting it to reach US$ 4,969.8 Million by 2025. This translates to a CAGR of approximately 5.8% during the forecast period.
The Europe Infusion Pumps Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Infusion Pumps Market report:
The Europe Infusion Pumps Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Infusion Pumps Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Infusion Pumps Market value chain can benefit from the information contained in a comprehensive market report.
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