Global Next-Generation IV Infusion Pumps Market Overview (2025–2032)
The global market for next-generation IV infusion pumps is projected to experience robust growth over the forecast period, expanding from USD 3.2 billion in 2025 to approximately USD 5.58 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.3%. This growth is primarily driven by the increasing adoption of smart infusion technologies across hospital, homecare, and ambulatory settings, combined with the rising burden of chronic illnesses and the demand for error-free drug delivery systems.
Infusion pumps are critical to modern medical care, enabling precise, controlled delivery of fluids, medications, and nutrients into a patient’s bloodstream. With growing technological advancements, the next generation of infusion pumps includes smart systems equipped with dose error reduction software (DERS), wireless connectivity, automated alerts, and integration with electronic health records (EHRs). These features reduce the risks of medication errors and improve overall patient outcomes.
Historically, from 2019 to 2024, the market grew at a CAGR of 5.8%, fueled by rising hospital admissions and increasing reliance on advanced intravenous therapies. In 2024 alone, large volumetric infusion systems represented approximately USD 982.6 million in value, with the overall market accounting for 6.6% of the global injectable drug delivery sector. As smart pump capabilities continue to evolve, their usage in perioperative and chronic care settings is accelerating, opening new avenues for product innovation and deployment.
A notable development is the increasing shift toward ambulatory and homecare settings, where wearable and portable infusion systems are transforming patient management. These solutions enable continuous drug delivery for conditions such as diabetes, cancer, and pain, thereby reducing hospital stays and improving patient convenience. The surge in demand for patient-controlled analgesia (PCA) systems and ambulatory infusion pumps is contributing significantly to market expansion.
Despite the promising outlook, the market faces challenges. Device recalls and software-related errors have affected user confidence and raised safety concerns. Design flaws such as software bugs, user interface complexities, power failures, and over-infusion events have prompted regulatory scrutiny. The U.S. FDA’s Infusion Pump Improvement Initiative, launched in 2010, aims to address these issues through collaborative device innovation, improved monitoring, and strict compliance standards.
Nevertheless, manufacturers are responding with continuous R&D efforts and smart feature enhancements. Smart infusion pumps are now being designed with automated drug libraries, real-time alerts, and compliance features to guide clinicians in safe medication administration. These improvements are particularly impactful in managing multi-drug therapies and titrated infusions.
Regionally, North America dominates the market, with the U.S. accounting for 84.8% of regional sales in 2024. The country’s strong healthcare infrastructure, technological leadership, and regulatory support have fueled widespread adoption of next-generation pumps. Continued investment in patient safety, led by the FDA and leading healthcare providers, will ensure North America remains at the forefront of this market.
In Europe, Germany holds a significant position, capturing 18.5% of the regional market. The country benefits from its aging population, advanced healthcare system, and commitment to pain management and chronic disease care. Healthcare digitization and increased funding are further boosting demand for smart infusion systems.
China leads East Asia, holding 54.2% of the market in 2024. Rising cancer prevalence, growing healthcare investment, and a rapidly aging population are key drivers. According to Cancer Communications, China recorded over 4.5 million new cancer cases in 2020, with over 3 million deaths, underscoring the urgent need for advanced drug delivery solutions in oncology care.
From a product standpoint, large volumetric infusion pumps dominate the global market, accounting for 33.3% of total value in 2024. These systems are essential for delivering fluids and medications in precise dosages, especially in critical care settings. They are widely used across hospitals, emergency units, outpatient infusion centers, and long-term care facilities.
In terms of applications, pain management leads with a 32.6% market share. The growing incidence of chronic pain disorders such as back pain, migraines, and neuropathy—alongside the global burden of diseases—has significantly increased the demand for PCA devices. These systems enable patients to self-administer controlled doses of analgesics, improving satisfaction and reducing workload on clinical staff.
Among end users, hospitals account for 39.3% of market share, valued at approximately USD 1.1 billion in 2024. This segment is expected to maintain dominance due to the high patient load, increased focus on medication safety, and implementation of cutting-edge infusion systems to reduce hospital stay duration and improve treatment accuracy.
The competitive landscape is moderately concentrated, with several key players actively investing in product innovation, geographic expansion, and strategic partnerships. Companies such as B. Braun Melsungen AG, Terumo Corporation, Baxter International, Medtronic, Zyno Medical, Fresenius Kabi, and BD (CareFusion) dominate the market.
Notable industry developments include:
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In February 2021, B. Braun Medical Inc.’s Infusomat® Space® Large Volume Pump was awarded “Best in KLAS” for traditional smart pumps.
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In June 2019, Ivenix received FDA clearance for its infusion system, developed to reduce common issues associated with legacy pump platforms.
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Numerous players are integrating wireless technology, AI, and predictive analytics to advance infusion safety and optimize drug delivery practices.
In conclusion, the next-generation IV infusion pumps market is poised for strong growth, driven by innovation in smart technologies, increased focus on patient-centric care, and the rising need for safe, precise drug delivery systems across care settings. Continued investment in automation, miniaturization, and cloud integration will define the next wave of growth, making infusion therapy more accessible, efficient, and effective worldwide.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Inclusions & Exclusions
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Key Brand Share/Preference of Equipment Installed
4.2. New Product Launches
4.3. Regulatory Scenario
4.4. Reimbursement Landscape
4.5. PESTLE Analysis
4.6. Porter’s Analysis
4.7. Value Chain Analysis
4.8. Key Promotional Strategies by Manufacturers
5. Market Background
5.1. Macro-Economic Factors
5.1.1. Global GDP Growth Outlook
5.1.2. Global Healthcare Expenditure
5.1.3. Global Injectable Drug Delivery Market Overview
5.2. Forecast Factors – Relevance & Impact
5.2.1. Top Companies Historical Growth
5.2.2. Technological Advancements in Next Generation IV Infusion Pumps
5.2.3. New Product Launches
5.2.4. Cost of Products
5.2.5. Rising Cardiac Diseases
5.2.6. Growing Adoption Rate
5.2.7. Strategic Mergers and Acquisitions Among Players
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunity Analysis
6. COVID-19 Crisis Analysis
6.1. COVID-19 and Impact Analysis
6.1.1. Revenue By Type of Pumps
6.1.2. Revenue By Application
6.1.3. Revenue By End User
6.1.4. Revenue By Region
6.2. 2022 Market Scenario
7. Global Next Generation IV Infusion Pumps Market Demand Volume Analysis 2019-2032
7.1. Historical Market Volume (Units) Analysis, 2019-2023
7.2. Current and Future Market Volume (Units) Projections, 2024-2032
7.2.1. Y-o-Y Growth Trend Analysis
8. Global Next Generation IV Infusion Pumps Market – Pricing Analysis
8.1. Regional Pricing Analysis By-Type of Pumps
8.2. Pricing Break Up
8.2.1. Manufacturer Level
8.2.2. Distributor Level
8.3. Global Average Pricing Analysis Benchmark
8.4. Pricing Assumptions
9. Global Next Generation IV Infusion Pumps Market Demand (in Value or Size in US$ Mn) Analysis 2019-2032
9.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
9.2. Current and Future Market Value (US$ Mn) Projections, 2024-2032
9.2.1. Y-o-Y Growth Trend Analysis
9.2.2. Absolute $ Opportunity Analysis
10. Global Next Generation IV Infusion Pumps Market Analysis 2019-2032, By Type of Pumps
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type of Pumps, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Type of Pumps, 2024-2032
10.3.1. Large Volumetric Infusion Systems
10.3.2. Syringe Infusion Systems
10.3.3. Electronic-Ambulatory Infusion Systems
10.3.4. Patient Controlled Analgesia Pumps
10.3.5. Disposable Elastomeric Infusion Systems
10.3.6. Implantable Infusion Systems
10.3.7. MRI-Compatible IV Infusion Systems
10.3.8. IV Disposables
10.4. Market Attractiveness Analysis By Type of Pumps
11. Global Next Generation IV Infusion Pumps Market Analysis 2019-2032, by Application
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) Analysis By Application, 2019-2023
11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2024-2032
11.3.1. Clinical Nutrition
11.3.2. Pain Management
11.3.3. Chemotherapy
11.3.4. Antibiotic Management
11.3.5. Others
11.4. Market Attractiveness Analysis By Application
12. Global Next Generation IV Infusion Pumps Market Analysis 2019-2032, by End User
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
12.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2024-2032
12.3.1. Hospitals
12.3.2. Ambulatory Surgical Centers
12.3.3. Homecare Settings
12.3.4. Diagnostic Centers
12.3.5. Others
12.4. Market Attractiveness Analysis By End User
13. Global Next Generation IV Infusion Pumps Market Analysis 2019-2032, by Region
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, By Region, 2019-2023
13.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Region, 2024-2032
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. East Asia
13.3.5. South Asia
13.3.6. Oceania
13.3.7. Middle East and Africa (MEA)
13.4. Market Attractiveness Analysis By Region
14. North America Next Generation IV Infusion Pumps Market Analysis 2019-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis Forecast By Market Taxonomy, 2024-2032
14.4.1. By Country
14.4.1.1. U.S.
14.4.1.2. Canada
14.4.2. By Type of Pumps
14.4.3. By Application
14.4.4. By End User
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Type of Pumps
14.5.3. By Application
14.5.4. By End User
14.6. Key Market Participants – Intensity Mapping
14.7. Drivers and Restraints – Impact Analysis
14.8. Market Trends
14.9. Country Level Analysis & Forecast
14.9.1. U.S. Next Generation IV Infusion Pumps Market
14.9.1.1. Introduction
14.9.1.2. Market Analysis and Forecast by Market Taxonomy
14.9.1.2.1. By Type of Pumps
14.9.1.2.2. By Application
14.9.1.2.3. By End User
14.9.2. Canada Next Generation IV Infusion Pumps Market
14.9.2.1. Introduction
14.9.2.2. Market Analysis and Forecast by Market Taxonomy
14.9.2.2.1. By Type of Pumps
14.9.2.2.2. By Application
14.9.2.2.3. By End User
15. Latin America Next Generation IV Infusion Pumps Market Analysis 2019-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023
15.4. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis Forecast By Market Taxonomy, 2024-2032
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Mexico
15.4.1.3. Argentina
15.4.1.4. Rest of Latin America
15.4.2. By Type of Pumps
15.4.3. By Application
15.4.4. By End User
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Type of Pumps
15.5.3. By Application
15.5.4. By End User
15.6. Key Market Participants – Intensity Mapping
15.7. Drivers and Restraints – Impact Analysis
15.8. Market Trends
15.9. Country Level Analysis & Forecast
15.9.1. Brazil Next Generation IV Infusion Pumps Market
15.9.1.1. Introduction
15.9.1.2. Market Analysis and Forecast by Market Taxonomy
15.9.1.2.1. By Type of Pumps
15.9.1.2.2. By Application
15.9.1.2.3. By End User
15.9.2. Argentina Next Generation IV Infusion Pumps Market
15.9.2.1. Introduction
15.9.2.2. Market Analysis and Forecast by Market Taxonomy
15.9.2.2.1. By Type of Pumps
15.9.2.2.2. By Application
15.9.2.2.3. By End User
15.9.3. Mexico Next Generation IV Infusion Pumps Market
15.9.3.1. Introduction
15.9.3.2. Market Analysis and Forecast by Market Taxonomy
15.9.3.2.1. By Type of Pumps
15.9.3.2.2. By Application
15.9.3.2.3. By End User
16. Europe Next Generation IV Infusion Pumps Market Analysis 2019-2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023
16.4. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis Forecast By Market Taxonomy, 2024-2032
16.4.1. By Country
16.4.1.1. Germany
16.4.1.2. Italy
16.4.1.3. France
16.4.1.4. U.K.
16.4.1.5. Spain
16.4.1.6. BENELUX
16.4.1.7. Russia
16.4.1.8. Rest of Europe
16.4.2. By Type of Pumps
16.4.3. By Application
16.4.4. By End User
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Type of Pumps
16.5.3. By Application
16.5.4. By End User
16.6. Key Market Participants – Intensity Mapping
16.7. Drivers and Restraints – Impact Analysis
16.8. Market Trends
16.9. Country Level Analysis & Forecast
16.9.1. Germany Next Generation IV Infusion Pumps Market
16.9.1.1. Introduction
16.9.1.2. Market Analysis and Forecast by Market Taxonomy
16.9.1.2.1. By Type of Pumps
16.9.1.2.2. By Application
16.9.1.2.3. By End User
16.9.2. France Next Generation IV Infusion Pumps Market
16.9.2.1. Introduction
16.9.2.2. Market Analysis and Forecast by Market Taxonomy
16.9.2.2.1. By Type of Pumps
16.9.2.2.2. By Application
16.9.2.2.3. By End User
16.9.3. Italy Next Generation IV Infusion Pumps Market
16.9.3.1. Introduction
16.9.3.2. Market Analysis and Forecast by Market Taxonomy
16.9.3.2.1. By Type of Pumps
16.9.3.2.2. By Application
16.9.3.2.3. By End User
16.9.4. Spain Next Generation IV Infusion Pumps Market
16.9.4.1. Introduction
16.9.4.2. Market Analysis and Forecast by Market Taxonomy
16.9.4.2.1. By Type of Pumps
16.9.4.2.2. By Application
16.9.4.2.3. By End User
16.9.5. U.K. Next Generation IV Infusion Pumps Market
16.9.5.1. Introduction
16.9.5.2. Market Analysis and Forecast by Market Taxonomy
16.9.6. BENELUX Next Generation IV Infusion Pumps Market
16.9.6.1. Introduction
16.9.6.2. Market Analysis and Forecast by Market Taxonomy
16.9.7. Russia Next Generation IV Infusion Pumps Market
16.9.7.1. Introduction
16.9.7.2. Market Analysis and Forecast by Market Taxonomy
17. South Asia Next Generation IV Infusion Pumps Market Analysis 2019-2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023
17.4. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis Forecast By Market Taxonomy, 2024-2032
17.4.1. By Country
17.4.1.1. India
17.4.1.2. Thailand
17.4.1.3. Indonesia
17.4.1.4. Malaysia
17.4.1.5. Rest of South Asia
17.4.2. By Type of Pumps
17.4.3. By Application
17.4.4. By End User
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Type of Pumps
17.5.3. By Application
17.5.4. By End User
17.6. Key Market Participants – Intensity Mapping
17.7. Drivers and Restraints – Impact Analysis
17.8. Market Trends
17.9. Country Level Analysis & Forecast
17.9.1. India Next Generation IV Infusion Pumps Market
17.9.1.1. Introduction
17.9.1.2. Market Analysis and Forecast by Market Taxonomy
17.9.1.2.1. By Type of Pumps
17.9.1.2.2. By Application
17.9.1.2.3. By End User
17.9.2. Indonesia Next Generation IV Infusion Pumps Market
17.9.2.1. Introduction
17.9.2.2. Market Analysis and Forecast by Market Taxonomy
17.9.2.2.1. By Type of Pumps
17.9.2.2.2. By Application
17.9.2.2.3. By End User
17.9.3. Malaysia Next Generation IV Infusion Pumps Market
17.9.3.1. Introduction
17.9.3.2. Market Analysis and Forecast by Market Taxonomy
17.9.3.2.1. By Type of Pumps
17.9.3.2.2. By Application
17.9.3.2.3. By End User
17.9.4. Thailand Next Generation IV Infusion Pumps Market
17.9.4.1. Introduction
17.9.4.2. Market Analysis and Forecast by Market Taxonomy
17.9.4.2.1. By Type of Pumps
17.9.4.2.2. By Application
17.9.4.2.3. By End User
18. East Asia Next Generation IV Infusion Pumps Market Analysis 2019-2032
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023
18.4. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis Forecast By Market Taxonomy, 2024-2032
18.4.1. By Country
18.4.1.1. China
18.4.1.2. Japan
18.4.1.3. South Korea
18.4.2. By Type of Pumps
19. Appendix
19.1. Research Methodology
19.2. Research Assumptions
19.3. Acronyms and Abbreviation