Philippines Intravenous Infusion Pumps Market Size & Outlook
Philippines intravenous infusion pumps market, 2018-2030 (US$M)
Related Markets
Philippines intravenous infusion pumps market highlights
- The Philippines intravenous infusion pumps market generated a revenue of USD 8.3 million in 2023 and is expected to reach USD 12.1 million by 2030.
- The Philippines market is expected to grow at a CAGR of 5.4% 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 8.3 million |
| Market revenue in 2030 | USD 12.1 million |
| Growth rate | 5.4% (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, Philippines accounted for 0.1% 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 Asia Pacific, China intravenous infusion pumps market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 454.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intravenous Infusion Pumps Market Scope
Intravenous Infusion Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines 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 16.87% in 2023. Horizon Databook has segmented the Philippines 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.
Chronic diseases such as diabetes and heart disease are more prevalent in the Philippines. According to the Institute of Health and Metrics Evaluation, 30% of individuals die from heart disease and 56.4% from chronic kidney diseases.
Nearly 4,000 heart surgeries are carried out each year in the country. The country has a smaller aging population, as compared to countries such as Singapore and Malaysia, due to a higher fertility rate.
The Population and Development (CPD) revealed that the aging population in the Philippines will grow up to 14% between the years 2030 and 2035, due to increasing life expectancy and efficient healthcare. Increasing chronic disease burden, growing aging population, and rise in number of surgical procedures are likely to assist the country’s intravenous infusion pumps market over the forecast period.
Reasons to subscribe to Philippines intravenous infusion pumps market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Philippines intravenous infusion pumps market databook
-
Our clientele includes a mix of intravenous infusion pumps market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines intravenous infusion pumps market , including forecasts for subscribers. This country databook contains high-level insights into Philippines intravenous infusion pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Philippines intravenous infusion pumps market size, by product, 2018-2030 (US$M)
Philippines Intravenous Infusion Pumps Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
