Infusion Pump Market Share

North America Market Forecast

The North America infusion pump market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market is estimated to be the rising adoption of ambulatory pumps, and the growing prevalence of chronic diseases such as diabetes, cancer, and others owing to a significant change in lifestyle. For instance, nearly 36 million Americans were projected to be living with diabetes summing up to 10% of the entire population in 2019. Moreover, a significant surge in the premium-priced infusion pumps to improve the healthcare services quality and the presence of the major key players in the region is further expected to push the market growth over the forecast period. The rapid expansion of the healthcare industry along with the high adoption of ambulatory pumps and the high need for fast diagnosis and treatment is also anticipated to boost the preference for infusion pumps in the upcoming years. In addition, the region's expanding healthcare industry and rising awareness about the advantages offered by infusion pumps are also anticipated to boost the market growth during the forecast period.