Latin America Intravenous Infusion Pumps Market Size & Outlook
Latin America intravenous infusion pumps market, 2018-2030 (US$M)
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Latin America intravenous infusion pumps market highlights
- The Latin America intravenous infusion pumps market generated a revenue of USD 198.9 million in 2023.
- The 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 198.9 million |
| Market revenue in 2030 | USD 315.8 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Volumetric infusion pumps |
| Fastest growing segment | Insulin Infusion Pumps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 3.5% of the global intravenous infusion pumps market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,666.1 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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Latin America 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 Latin America 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.
Latin America is the second-fastest growing region in the market, after Asia Pacific, and is expected to show major growth opportunities. This market is growing at a lucrative pace, owing to the epidemiological shift and increase in burden of diseases such as cancer & heart diseases.
Latin America is witnessing an increase in geriatric population due to a decrease in morbidity. Moreover, the growing local presence of international players, high disease burden, increasing surgical procedures, and clinical advancement are expected to drive the market.
Factors such as poor reimbursement policies and relatively weaker healthcare infrastructure are likely to retrain the market
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America intravenous infusion pumps market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America intravenous infusion pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America intravenous infusion pumps market size, by country, 2018-2030 (US$M)
Latin America Intravenous Infusion Pumps Market Outlook Share, 2023 & 2030 (US$M)
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