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Global Micro Pump Market Opportunities and Forecast 2020-2027
Global Micro Pump Market, By Type (Piezoelectric Micropump, Mechanical Micropump, Syringe Pump, Peristaltic Pump, Non-Mechanical Micropump), By End User (Hospitals and Diagnostic Centers, Biotechnology and Pharmaceutical Companies, and Research Institutes) opportunities and forecast 2020-2027
Covid-19 Impact on Micro Pump Market:
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Market Overview
Globally, market for micro pumps is gaining noteworthy importance due to increasing R&D investment in the pharmaceuticals, life sciences, and the growing point of care testing demand. The material mix variations providing opportunities for the new players, surge in global demand for the point of care (POC) testing, and increasing awareness about importance of the controlled drug delivery, augmented acceptance and the use in biomedical research, and increasing prevalence of fatal and chronic diseases are major drivers driving market growth. Though, the surface and geometrical chemistry subjects and adherence to the strict regulatory requirements are anticipated to restrain market growth.
Segment Overview
The micro pump market has been divided into type and end user. By type, the market has been segmented as mechanical micropump, syringe pump, piezoelectric micropump, peristaltic pump, and the non-mechanical micropump. Similarly by end-user the market has been divided as, hospitals and diagnostic centers, biotechnology and pharmaceutical companies, and research institutes.
There has been tremendous rise in number of diseases among population in last couple of decades. According to the WHO, Cancer is second foremost cause of death worldwide and was accountable for almost 8.8 million deaths in the year 2015. Worldwide, nearly one in every six deaths are owing to the cancer. Micro pumps play a vital role in diseases where the infusion therapy is employed.
Furthermore, role of micro pumps has been involved in the point of care (POC) services. The adoption and development of the clinical tests are anticipated to drive demand for the micro pumps. Additionally, development and adoption of the clinical tests are anticipated to drive the demand for micro pumps are expected to support the market growth. On the other hand, stringent regulatory requirements are expected to hamper the market growth.
Regional Overview
Global micro pump market, on the basis of region is divided into North America, Europe, the Middle East & Africa and Asia-Pacific. The North America has been largest market for the micro pump since technology came into reality and is predictable to dominate global micro pump market over the forecast period. Several factors for tremendous growth of micro pump market, includes a wider acceptance of technology. The micro pump technology was originally adopted by North American countries, and the use of these pumping systems has increased over the years.
Competitor overview
Major market players includes Cole Palmer, Bio-Chem Fluidics, IDEX Corporation, and World Precision Instruments, amongst others are U.S. based, which has led to development of state-of-the-art infrastructure essential for micro pumping technology. Government funding is additional crucial factor in overall market growth. The European market for the micro-pump is anticipated to be second-largest during forecast period. A substantial population requiring noteworthy diagnostic and medical supplies, moreover, the drug discovery and development, and the delivery services have further played a significant role in growth of micro pump market in European region. Moreover, the companies operational in market are particularly concentrating on the mergers and acquisition strategies, which is anticipated to support the market growth. Asia-Pacific is projected to be fastest-growing market due to increased R&D spending, up-gradation of healthcare systems and health insurance penetration.
Key Players
Advanced Microfluidics
Alldoo Micropump
Microfluidica LLC
Servoflo Corporation
Takasago Electric, Inc.
TOPS Industry & Technology Co. Ltd
World Precision Instrument
Xavitech, Christian Bürkert GmbH & Co. KG
Hargraves Technology Corporation (Parker)
Longer Precision Pump Co. Ltd
Calon Cardio
CircuLite Inc.
Market Segmentation
By Type
Syringe Pump
Mechanical Micropump
Piezoelectric Micropump
Peristaltic Pump
Non-Mechanical Micropump
By End User
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostic Centers
Research Institutes
By Geography
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
Rest of LAMEA
Micro Pump MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Segment 1
5.2.1. Sub-Segment 1
5.2.2. Sub-Segment 2
5.3. Market Analysis, Insights and Forecast – By Segment 2
5.3.1. Sub-Segment 1
5.3.2. Sub-Segment 2
5.3.3. Sub-Segment 3
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By Segment 3
5.4.1. Sub-Segment 1
5.4.2. Sub-Segment 2
5.4.3. Sub-Segment 3
5.4.4. Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Latin America
5.5.3. Europe
5.5.4. Asia Pacific
5.5.5. Middle East and Africa
6. North America Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Segment 1
6.2.1. Sub-Segment 1
6.2.2. Sub-Segment 2
6.3. Market Analysis, Insights and Forecast – By Segment 2
6.3.1. Sub-Segment 1
6.3.2. Sub-Segment 2
6.3.3. Sub-Segment 3
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By Segment 3
6.4.1. Sub-Segment 1
6.4.2. Sub-Segment 2
6.4.3. Sub-Segment 3
6.4.4. Others
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S.
6.5.2. Canada
7. Latin America Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Segment 1
7.2.1. Sub-Segment 1
7.2.2. Sub-Segment 2
7.3. Market Analysis, Insights and Forecast – By Segment 2
7.3.1. Sub-Segment 1
7.3.2. Sub-Segment 2
7.3.3. Sub-Segment 3
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By Segment 3
7.4.1. Sub-Segment 1
7.4.2. Sub-Segment 2
7.4.3. Sub-Segment 3
7.4.4. Others
7.5. Insights and Forecast – By Country
7.5.1. Brazil
7.5.2. Mexico
7.5.3. Rest of Latin America
8. Europe Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Segment 1
8.2.1. Sub-Segment 1
8.2.2. Sub-Segment 2
8.3. Market Analysis, Insights and Forecast – By Segment 2
8.3.1. Sub-Segment 1
8.3.2. Sub-Segment 2
8.3.3. Sub-Segment 3
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By Segment 3
8.4.1. Sub-Segment 1
8.4.2. Sub-Segment 2
8.4.3. Sub-Segment 3
8.4.4. Others
8.5. Market Analysis, Insights and Forecast – By Country
8.5.1. UK
8.5.2. Germany
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Rest of Europe
9. Asia Pacific Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Segment 1
9.2.1. Sub-Segment 1
9.2.2. Sub-Segment 2
9.3. Market Analysis, Insights and Forecast – By Segment 2
9.3.1. Sub-Segment 1
9.3.2. Sub-Segment 2
9.3.3. Sub-Segment 3
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By Segment 3
9.4.1. Sub-Segment 1
9.4.2. Sub-Segment 2
9.4.3. Sub-Segment 3
9.4.4. Others
9.5. Market Analysis, Insights and Forecast – By Country
9.5.1. China
9.5.2. India
9.5.3. Japan
9.5.4. Australia
9.5.5. South East Asia
9.5.6. Rest of Asia Pacific
10. Middle East & Africa Micropump Market Analysis (USD Billion), Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Segment 1
10.2.1. Sub-Segment 1
10.2.2. Sub-Segment 2
10.3. Market Analysis, Insights and Forecast – By Segment 2
10.3.1. Sub-Segment 1
10.3.2. Sub-Segment 2
10.3.3. Sub-Segment 3
10.3.4. Others
10.4. Market Analysis, Insights and Forecast – By Segment 3
10.4.1. Sub-Segment 1
10.4.2. Sub-Segment 2
10.4.3. Sub-Segment 3
10.4.4. Others
10.5. Market Analysis, Insights and Forecast – By Country
10.5.1. GCC
10.5.2. South Africa
10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Key Industry Developments
11.3. Company Profile
11.3.1. Company 1
11.3.1.1. Business Overview
11.3.1.2. Segment 1 & Service Offering
11.3.1.3. Overall Revenue
11.3.1.4. Geographic Presence
11.3.1.5. Recent Development
*Similar details will be provided for the following companies
11.3.2. Company 2
11.3.3. Company 3
11.3.4. Company 4
11.3.5. Company 5
11.3.6. Company 6
11.3.7. Company 7
11.3.8. Company 8
11.3.9. Company 9
11.3.10. Company 10
11.3.11. Company 11
11.3.12. Company 12
List of Figures
Figure 1: Global Micropump Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Micropump Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Micropump Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Micropump Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Micropump Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Micropump Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Micropump Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Micropump Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Micropump Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Micropump Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Micropump Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Micropump Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Micropump Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Micropump Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Micropump Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Micropump Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Micropump Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Micropump Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Micropump Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Micropump Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Micropump Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Micropump Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Micropump Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Micropump Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Micropump Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Micropump Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Micropump Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Micropump Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Micropump Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Micropump Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Micropump Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Micropump Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Micropump Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Micropump Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Micropump Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Micropump Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Micropump Market Revenue (USD Billion) Forecast, by Country, 2016-2027
