Belgium Intravenous Infusion Pumps Market Size & Outlook
Belgium intravenous infusion pumps market, 2018-2030 (US$M)
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Belgium intravenous infusion pumps market highlights
- The Belgium intravenous infusion pumps market generated a revenue of USD 38.6 million in 2023 and is expected to reach USD 61.1 million by 2030.
- The Belgium market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, volumetric infusion pumps was the largest revenue generating product in 2023.
- Insulin Infusion Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous infusion pumps market data book summary
| Market revenue in 2023 | USD 38.6 million |
| Market revenue in 2030 | USD 61.1 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Volumetric infusion pumps |
| Fastest growing segment | Insulin Infusion Pumps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Volumetric Infusion Pumps, Syringe Infusion Pumps, Insulin Infusion Pumps, Enteral Infusion Pumps, Ambulatory Infusion Pumps, Patient-Controlled Analgesia Infusion Pumps, Implantable Infusion Pumps, Other Infusion Pumps |
| Key market players worldwide | Baxter International Inc, B. Braun, Medtronic PLC, Micrel Medical Devices, Boston Scientific Corp, Fresenius SE & Co KGaA, Roche Holding AG, Tandem Diabetes Care Inc, Terumo Corp, Moog Inc A, IRadimed Corp, CareFusion, Smiths Group PLC, Mindray Medical International |
Other key industry trends
- In terms of revenue, Belgium accounted for 0.7% of the global intravenous infusion pumps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany intravenous infusion pumps market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 441.7 million by 2030.
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Intravenous Infusion Pumps Market Scope
Intravenous Infusion Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Belgium intravenous infusion pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intravenous infusion pumps market will help companies and investors design strategic landscapes.
Volumetric infusion pumps was the largest segment with a revenue share of 16.84% in 2023. Horizon Databook has segmented the Belgium intravenous infusion pumps market based on volumetric infusion pumps, syringe infusion pumps, insulin infusion pumps, enteral infusion pumps, ambulatory infusion pumps, patient-controlled analgesia infusion pumps, implantable infusion pumps, other infusion pumps covering the revenue growth of each sub-segment from 2018 to 2030.
According to Belgian Health Interview Survey (HIS), in 2018, 29% of Belgians aged 15 years and above reported living with a chronic disease. This percentage increases significantly with age; 44% of the population over 75 years of age has reported living with a chronic disease.
The most commonly reported chronic diseases among the Belgian population are lower back disorders, high blood pressure, allergies, arthrosis, high blood cholesterol, and neck disorders. According to the OECD, chronic diseases are responsible for ~90% of the societal burden of disease in Belgium, including disability, contributing substantially to the overall mortality.
Chronic diseases are a major problem in this country because of its large aging population and the mortality related to these diseases is expected to increase over the next decade. These factors are expected to propel the intravenous infusion pumps market in this country over the forecast period.
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Our clientele includes a mix of intravenous infusion pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium intravenous infusion pumps market , including forecasts for subscribers. This country databook contains high-level insights into Belgium intravenous infusion pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium intravenous infusion pumps market size, by product, 2018-2030 (US$M)
Belgium Intravenous Infusion Pumps Market Outlook Share, 2023 & 2030 (US$M)
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