u.s. market for infusion therapy devicesu.s. market for infusion therapy devices idata_usit15_rpt...

U.S. Market forInfusion Therapy Devices

iDATA_USIT15_RPT

U.S. MARKET FOR INFUSION THERAPY DEVICES

iDATA_USIT15_RPT

Published in January 2015

By

iData Research Inc., 2015

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TABLE OF CONTENTS

© iData Research Inc., 2015 i

T A B L E O F C O N T E N T S

TABLE OF CONTENTS ............................................................................................................... I

LIST OF FIGURES ...................................................................................................................... V

LIST OF CHARTS..................................................................................................................... VII

EXECUTIVE SUMMARY ............................................................................................................ 1

1.1 U.S. MARKET FOR INFUSION THERAPY DEVICES ......................................................................... 1

1.2 GROWTH TRENDS BY SEGMENT ................................................................................................... 2

1.3 INFUSION PUMP MARKET ............................................................................................................ 3

1.4 INTRAVENOUS SET MARKET ....................................................................................................... 4

1.5 NEEDLELESS CONNECTOR MARKET ............................................................................................ 5

1.6 LEADING COMPETITORS .............................................................................................................. 6

RESEARCH METHODOLOGY.................................................................................................. 7

2.1 RESEARCH SCOPE ........................................................................................................................ 7

2.2 IDATA’S 9-STEP METHODOLOGY ................................................................................................ 7

Step 1: Project Initiation & Team Selection ..................................................................................... 7

Step 2: Prepare Data Systems and Perform Secondary Research .................................................... 9

Step 3: Preparation for Interviews & Questionnaire Design .......................................................... 10

Step 4: Performing Primary Research ............................................................................................ 11

Step 5: Research Analysis: Establishing Baseline Estimates ......................................................... 13

Step 6: Market Forecast and Analysis ............................................................................................ 14

Step 7: Identify Strategic Opportunities ......................................................................................... 16

Step 8: Final Review and Market Release ..................................................................................... 17

Step 9: Customer Feedback and Market Monitoring ..................................................................... 18

U.S. INFUSION THERAPY DEVICE MARKET OVERVIEW ............................................ 19

3.1 INTRODUCTION .......................................................................................................................... 19

3.2 MARKET OVERVIEW .................................................................................................................. 20

TABLE OF CONTENTS

© iData Research Inc., 2015 ii

3.3 TREND ANALYSIS BY SEGMENT ................................................................................................. 24

3.4 DRIVERS AND LIMITERS ............................................................................................................ 26

3.4.1 Market Drivers ...................................................................................................................... 26

3.4.2 Market Limiters ..................................................................................................................... 27

3.5 COMPETITIVE ANALYSIS ........................................................................................................... 30

3.6 MERGERS AND ACQUISITIONS ................................................................................................... 39

INFUSION PUMP MARKET ..................................................................................................... 41

4.1 INTRODUCTION .......................................................................................................................... 41

4.1.1 Types of Infusion Pumps....................................................................................................... 42

4.1.2 Large Volume Infusion Pumps ............................................................................................. 42

4.1.3 Syringe Infusion Pumps ........................................................................................................ 43

4.1.4 Patient-Controlled Analgesia Infusion Pumps ...................................................................... 43

4.1.5 Electronic Ambulatory Infusion Pumps ................................................................................ 43

4.1.6 Disposable Ambulatory Infusion Pumps............................................................................... 43

4.2 MARKET OVERVIEW .................................................................................................................. 45

4.3 MARKET ANALYSIS AND FORECAST .......................................................................................... 49

4.3.1 Large Volume Infusion Pump Market .................................................................................. 49

4.3.2 Syringe Infusion Pump Market ............................................................................................. 51

4.3.3 Patient-Controlled Analgesia Infusion Pump Market ........................................................... 53

4.3.4 Electronic Ambulatory Infusion Pump Market ..................................................................... 55

4.3.5 Total Disposable Ambulatory Infusion Pump Market .......................................................... 57

4.3.5.1 Disposable Ambulatory Infusion Non-Pain Pump Market .......................................................... 59

4.3.5.2 Surgical Post-Operative Disposable Ambulatory Infusion Pain Pump Market ........................... 61

4.3.5.3 Peripheral Nerve Block Disposable Ambulatory Infusion Pain Pump Market ............................ 63


4.4.1 Market Drivers ...................................................................................................................... 65

4.4.2 Market Limiters ..................................................................................................................... 66


INTRAVENOUS SET MARKET ............................................................................................... 75

5.1 INTRODUCTION .......................................................................................................................... 75

5.1.1 Primary IV Sets ..................................................................................................................... 75

TABLE OF CONTENTS

© iData Research Inc., 2015 iii

5.1.2 Secondary IV Sets ................................................................................................................. 76

5.1.3 IV Extensions Sets ................................................................................................................ 76

5.2 MARKET OVERVIEW .................................................................................................................. 77


5.3.1 Total Primary IV Set Market ................................................................................................. 80

5.3.1.1 Dedicated Pump Primary IV Set Market ...................................................................................... 82

5.3.1.2 Non-Dedicated Primary IV Set Market ........................................................................................ 84

5.3.2 Secondary IV Set Market ...................................................................................................... 86

5.3.3 IV Extension Set Market ....................................................................................................... 88


5.4.1 Market Drivers ...................................................................................................................... 90

5.4.2 Market Limiters ..................................................................................................................... 90


NEEDLELESS CONNECTOR MARKET ................................................................................ 95

6.1 INTRODUCTION .......................................................................................................................... 95

6.1.1 Split Septum and Blunt Cannula ........................................................................................... 95

6.1.2 Mechanical Valves ................................................................................................................ 96

6.1.2.1 Negative Displacement Mechanical Valves ................................................................................. 96

6.1.2.2 Positive Displacement Mechanical Valves .................................................................................. 96

6.1.2.3 Neutral Displacement Mechanical Valves ................................................................................... 97

6.1.2.4 Anti-Reflux Neutral Displacement Mechanical Valves ............................................................... 97

6.1.2.5 Antimicrobial Mechanical Valves ................................................................................................ 97

6.2 NEEDLELESS CONNECTORS PLACED BY DEVICE TYPE .............................................................. 98


6.3.1 Total Needleless Connector Market ...................................................................................... 99

6.3.2 Split Septum and Blunt Cannula Needleless Connector Market ......................................... 101

6.3.3 Mechanical Valve Needleless Connector Market ............................................................... 103

6.3.3.1 Negative Displacement Mechanical Valve Needleless Connector Market ................................ 105

6.3.3.2 Positive Displacement Mechanical Valve Needleless Connector Market .................................. 107

6.3.3.3 Neutral Displacement Mechanical Valve Needleless Connector Market .................................. 109

6.3.3.4 Anti-Reflux Neutral Displacement Mechanical Valve Needleless Connector Market .............. 111

6.4 DRIVERS AND LIMITERS .......................................................................................................... 113

TABLE OF CONTENTS

© iData Research Inc., 2015 iv

6.4.1 Market Drivers .................................................................................................................... 113

6.4.2 Market Limiters ................................................................................................................... 114

6.5 COMPETITIVE ANALYSIS ......................................................................................................... 115

ABBREVIATIONS .................................................................................................................... 119

LIST OF FIGURES

© iData Research Inc., 2015 v

L I S T O F F I G U R E S

Figure 3-1: Total Infusion Therapy Device Market, U.S., 2011 – 2021 (US$M) ....................................... 21

Figure 3-2: Infusion Therapy Device Market by Segment, U.S., 2011 – 2021 (US$M) ............................ 21

Figure 3-3: Infusion Therapy Device Market Growth by Segment, U.S., 2011 – 2021.............................. 24

Figure 3-4: Drivers and Limiters, Infusion Therapy Device Market, U.S., 2014 ....................................... 29

Figure 3-5: Leading Competitors, Disposable Infusion Therapy Device Market, U.S., 2014 .................... 33

Figure 3-6: Leading Competitors by Installed Base, Large Volume, Syringe and Electronic Ambulatory

Infusion Pump Market, U.S., 2014 ............................................................................................................ 35

Figure 3-7: Leading Competitors by Unit Sales, Patient-Controlled Analgesia Infusion Pump Market,

U.S., 2014 .................................................................................................................................................. 37

Figure 3-8: Leading Competitors, Disposable Ambulatory Infusion Pump Market, U.S., 2014 ................ 38

Figure 4-1: Infusion Pump Market by Segment, U.S., 2011 – 2021 (US$M) ............................................. 46

Figure 4-2: Large Volume Infusion Pump Market, U.S., 2011 – 2021 ....................................................... 50

Figure 4-3: Syringe Infusion Pump Market, U.S., 2011 – 2021.................................................................. 51

Figure 4-4: Patient-Controlled Analgesia Infusion Pump Market, U.S., 2011 – 2021................................ 53

Figure 4-5: Electronic Ambulatory Infusion Pump Market, U.S., 2011 – 2021 ......................................... 55

Figure 4-6: Total Disposable Ambulatory Infusion Pump Market, U.S., 2011 – 2021............................... 57

Figure 4-7: Disposable Ambulatory Infusion Non-Pain Pump Market, U.S., 2011 – 2021 ........................ 60

Figure 4-8: Surgical Post-Operative Disposable Ambulatory Infusion Pain Pump Market, U.S.,

2011 – 2021 ............................................................................................................................................... 61

Figure 4-9: Peripheral Nerve Block Disposable Ambulatory Infusion Pain Pump Market, U.S.,

2011 – 2021 ............................................................................................................................................... 63

Figure 4-10: Drivers and Limiters, Infusion Pump Market, U.S., 2014 ...................................................... 67

Figure 4-11: Leading Competitors by Installed Base, Large Volume, Syringe and Electronic Ambulatory


Figure 4-12: Leading Competitors by Unit Sales, Patient-Controlled Analgesia Infusion Pump Market,

U.S., 2014 .................................................................................................................................................. 72

Figure 4-13: Leading Competitors, Disposable Ambulatory Infusion Pump Market, U.S., 2014 .............. 73

Figure 5-1: Intravenous Set Market by Segment, U.S., 2011 – 2021 (US$M) ........................................... 77

Figure 5-2: Total Primary IV Set Market, U.S., 2011 – 2021 ..................................................................... 80

Figure 5-3: Dedicated Pump Primary IV Set Market, U.S., 2011 – 2021 ................................................... 82

LIST OF FIGURES

© iData Research Inc., 2015 vi

Figure 5-4: Non-Dedicated Primary IV Set Market, U.S., 2011 – 2021 ..................................................... 84

Figure 5-5: Secondary IV Set Market, U.S., 2011 – 2021 .......................................................................... 86

Figure 5-6: IV Extension Set Market, U.S., 2011 – 2021 ........................................................................... 88

Figure 5-7: Drivers and Limiters, Intravenous Set Market, U.S., 2014 ...................................................... 91

Figure 5-8: Leading Competitors, Intravenous Set Market, U.S., 2014 ...................................................... 93

Figure 6-1: Needleless Connectors Placed by Device Type, U.S., 2014 .................................................... 98

Figure 6-2: Total Needleless Connector Market, U.S., 2011 – 2021 ........................................................ 100

Figure 6-3: Split Septum and Blunt Cannula Needleless Connector Market, U.S., 2011 – 2021 ............. 101

Figure 6-4: Total Mechanical Valve Needleless Connector Market, U.S., 2011 – 2021 .......................... 103

Figure 6-5: Negative Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 105

Figure 6-6: Positive Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 107

Figure 6-7: Neutral Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 109

Figure 6-8: Anti-Reflux Neutral Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 111

Figure 6-9: Drivers and Limiters, Needleless Connector Market, U.S., 2014 .......................................... 114

Figure 6-10: Leading Competitors, Needleless Connector Market, U.S., 2014 ........................................ 117

LIST OF CHARTS

© iData Research Inc., 2015 vii

L I S T O F C H A R T S

Chart 1-1: Infusion Therapy Device Market, U.S., 2011 – 2021 .................................................................. 1

Chart 1-2: Growth Trends by Segment, Infusion Therapy Device Market, U.S., 2014 – 2016 .................... 2

Chart 1-3: Select Segments, Infusion Pump Market, U.S., 2014 – 2016 ...................................................... 3

Chart 1-4: Intravenous Set Market by Segment, U.S., 2014 ......................................................................... 4

Chart 1-5: Needleless Connectors Placed by Device Type, U.S., 2014 ........................................................ 5

Chart 1-6: Leading Competitors, Disposable Infusion Therapy Device Market U.S., 2014 ......................... 6

Chart 3-1: Infusion Therapy Device Market by Segment, U.S., 2011 – 2021 ............................................ 22

Chart 3-2: Infusion Therapy Device Market Breakdown, 2014 .................................................................. 23

Chart 3-3: Infusion Therapy Device Market Breakdown, 2021 .................................................................. 23

Chart 3-4: Infusion Therapy Device Market Growth by Segment, U.S., 2011 – 2021 ............................... 25

Chart 3-5: Leading Competitors, Disposable Infusion Therapy Device Market, U.S., 2014 ...................... 34

Chart 3-6: Leading Competitors by Installed Base, Large Volume, Syringe and Electronic Ambulatory


Chart 3-7: Leading Competitors by Unit Sales, Patient-Controlled Analgesia Infusion Pump Market, U.S.,

2014 ........................................................................................................................................................... 37

Chart 3-8: Leading Competitors, Disposable Ambulatory Infusion Pump Market, U.S., 2014 .................. 38

Chart 4-1: Infusion Pump Market by Segment, U.S., 2011 – 2021............................................................. 47

Chart 4-2: Infusion Pump Market Breakdown, U.S., 2014 ......................................................................... 48

Chart 4-3: Infusion Pump Market Breakdown, U.S., 2021 ......................................................................... 48

Chart 4-4: Large Volume Infusion Pump Market, U.S., 2011 – 2021 ........................................................ 50

Chart 4-5: Syringe Infusion Pump Market, U.S., 2011 – 2021 ................................................................... 52

Chart 4-6: Patient-Controlled Analgesia Infusion Pump Market, U.S., 2011 – 2021 ................................. 54

Chart 4-7: Electronic Ambulatory Infusion Pump Market, U.S., 2011 – 2021 ........................................... 56

Chart 4-8: Total Disposable Ambulatory Infusion Pump Market, U.S., 2011 – 2021 ................................ 58

Chart 4-9: Disposable Ambulatory Infusion Non-Pain Pump Market, U.S., 2011 – 2021 ......................... 60

Chart 4-10: Surgical Post-Operative Disposable Ambulatory Infusion Pain Pump Market, U.S.,

2011 – 2021 ............................................................................................................................................... 62

Chart 4-11: Peripheral Nerve Block Disposable Ambulatory Infusion Pain Pump Market, U.S.,

2011 – 2021 ............................................................................................................................................... 64

LIST OF CHARTS

© iData Research Inc., 2015 viii

Chart 4-12: Leading Competitors, Large Volume Infusion Pump Market, Syringe Infusion Pump Market,

Electronic Ambulatory Infusion Pump Market, U.S., 2014....................................................................... 71

Chart 4-13: Leading Competitors by Unit Sales, Patient-Controlled Analgesia Infusion Pump Market,

U.S., 2014 .................................................................................................................................................. 72

Chart 4-14: Leading Competitors, Disposable Ambulatory Infusion Pump Market, U.S., 2014 ................ 73

Chart 5-1: Intravenous Set Market by Segment, U.S., 2011 – 2021 ........................................................... 78

Chart 5-2: Intravenous Set Market Breakdown, U.S., 2014 ........................................................................ 79

Chart 5-3: Intravenous Set Market Breakdown, U.S., 2021 ........................................................................ 79

Chart 5-4: Total Primary IV Set Market, U.S., 2011 – 2021....................................................................... 81

Chart 5-5: Dedicated Pump Primary IV Set Market, U.S., 2011 – 2021 .................................................... 83

Chart 5-6: Non-Dedicated Primary IV Set Market, U.S., 2011 – 2021 ....................................................... 85

Chart 5-7: Secondary IV Set Market, U.S., 2011 – 2021 ............................................................................ 87

Chart 5-8: IV Extension Set Market, U.S., 2011 – 2021 ............................................................................. 89

Chart 5-9: Leading Competitors, Intravenous Set Market, U.S., 2014 ....................................................... 94

Chart 6-1: Needleless Connectors Placed by Device Type, U.S., 2014 ...................................................... 98

Chart 6-2: Total Needleless Connector Market, U.S., 2011 – 2021 .......................................................... 100

Chart 6-3: Split Septum and Blunt Cannula Needleless Connector Market, U.S., 2011 – 2021 ............... 102

Chart 6-4: Total Mechanical Valve Needleless Connector Market, U.S., 2011 – 2021 ............................ 104

Chart 6-5: Negative Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 106

Chart 6-6: Positive Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 108

Chart 6-7: Neutral Displacement Mechanical Valve Needleless Connector Market, U.S., 2011 – 2021 . 110

Chart 6-8: Anti-Reflux Neutral Displacement Mechanical Valve Needleless Connector Market, U.S.,

2011 – 2021 ............................................................................................................................................. 112

Chart 6-9: Leading Competitors, Needleless Connector Market, U.S., 2014 ........................................... 118

U S INFUSION THERAPY DEVICE MARKET OVERVIEW

© iData Research Inc., 2015 19

3

U. S. I N F U S I O N T H E R A P Y D E V I C E M A R K E T OV E RV I E W

3.1 Introduction

Infusion therapy devices are used for administering fluids or medication directly into a vein. Some disease

states are too severe to be treated with oral medications, and must instead be treated intravenously. This is

usually facilitated through the use of an intravenous (IV) bag that is connected to a catheter inserted into a

vein through plastic IV tubing.

Initially, connecting tubing to the catheter inserted into the patient was done by spiking a needle into a

connector on the catheter. However, due to concerns over needlestick injuries, the U.S. market has moved

towards the use of needle-free connectors. Connecting the tubing to the inserted catheter is now done

primarily using male luer connections and other connectors that can accept blunt cannulas.

In 2014, the market for infusion therapy devices included infusion pumps, intravenous (IV) sets and

needleless connectors. These three broad categories are further segmented based on specific distinguishing

categories. The segmentation for needleless connectors is based on the different types of displacement

available such as positive, negative and neutral displacement. Infusion pumps are segmented in categories

based on the type of infusion performed such large volume, syringe, patient-controlled analgesia (PCA),

electronic ambulatory and disposable infusion pumps. Finally, the intravenous set market is segmented

into broad tubing types such as primary IV, secondary IV and IV extension sets.

There are many other accessories that are commonly used during infusion therapy, such as disinfecting

caps, 3 way stopcocks and flow controllers. These accessories are not included in the total market value

and analysis in this report.



3.2 Market Overview

The infusion therapy market in the U.S. is a mixture of single-use devices, including IV sets and

needleless connectors, and the capital purchase of pumps and accompanying software. The IV set market

represented the X market due to the X volume of IV sets and the relatively X ASP of primary dedicated

IV sets. The market for infusion pumps was comparable to the X; however, the infusion pump market is

highly saturated and nearly all unit sales go towards replacing existing systems.

Infusion pumps come in a wide variety of configurations for various pump requirements, including large

volume, syringe infusion and patient controlled analgesia (PCA). These expensive capital equipment

purchases, particularly for newer, more innovative pumps, occur in the acute care setting, where cost

sensitivities are not as significant as they are in the alternate or home care setting.



3.4 Drivers and Limiters

3.4.1 Market Drivers

Market Structure

The U.S. market for infusion therapy, when compared to international markets, is characterized by a large

use of premium-priced products which incorporate features that are not always required by practitioners.



3.4.2 Market Limiters

Negative Findings



3.5 Competitive Analysis

In this section, competitors are presented alphabetically and not according to market share ranking.

Baxter International



3.6 Mergers and Acquisitions

Becton Dickinson Acquires CareFusion

u.s. market for infusion therapy devicesu.s. market for infusion therapy devices idata_usit15_rpt...

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