Global Micropump Market Overview:
According to SPER Market Research, the Global Micropump Market is estimated to reach USD 9.54 billion by 2032 with a CAGR of 17.62%.
The size of the Global Micropump Market is expected to increase within next decade. Small fluid amounts can be controlled and moved around by micropumps. Micropumps, which are smaller than standard pumps, may easily transfer fluid from one place to another. The study makes an estimate of sales revenue from micropump items. They provide a range of medical functions, such as delivering insulin trans dermally, treating hormone deficiencies, controlling pain and wound care, and injecting glucose and other drugs. Micropumps come in two varieties: mechanical micropumps and non-mechanical micropumps. There are three different varieties of mechanical micropumps; piezoelectric micropump, electrostatic micropump, electromagnetic micropump. Materials utilized to create micropump are polymers & composites, ceramics, and metals. Drug delivery, in-vitro testing, medical devices, and other uses for micropumps are among them. Others include medicine dosage and cell culture. Hospitals, diagnostic facilities, biotechnology and pharmaceutical firms, as well as academic and research institutions, are the end consumers of micropumps.
Impact of COVID-19 on the Global Micropump Market
The global micropump market is expected to increase favorably as a result of the COVID-19 outbreak. Increased government and private sector spending on COVID-19 treatment is expected to drive the micropump market's expansion. During the COVID-19 epidemic, a micropump was employed for both therapeutic and research purposes. Additionally, the production of vaccines uses micropumps, which increases demand for them in the biotechnology industry. In addition, there has been a surge in the need for medical supplies to treat the infected population, which is fueling the micropump market's expansion.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Material, By Application, By End User |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | ALLDOO micropump Inc, Arcmed Co.Ltd, Bartels Mikrotechnik Inc, Burkert GmbH and Co.KG,Cole Parmer India Pvt.Ltd., Enomoto Micropump Mfg. Co, Fluigent Inc, IDEX Corporation, Sandur Fluid Controls Pvt.Ltd., Takako Industries Inc., Takasago Electric Inc., TCS Micropump Ltd., The Lee Company Inc, Thomas, TOPS Industry and Technology Co.Ltd.
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Global Micropump Market Segmentation:
By Type: Based on the Type, Global Micropump Market is segmented as; Mechanical (Piezoelectric micropump, Electrostatic micropump, Electromagnetic micropump), Non-Mechanical.
By Material: Based on the Material, Global Micropump Market is segmented as; Plastics, Ceramics, Metals.
By Application: Based on the Application, Global Micropump Market is segmented as; Drug Delivery, In-Vitro Diagnosis, Medical Device, Others.
By End User: Based on the End User, Global Micropump Market is segmented as; Hospitals & Diagnostic Centre, Biotechnology & Pharmaceutical Companies, Academic & Research Institute.
By Region: North America owns the prime share of this market; the major factors of the market's growth in the region are the increasing incidence of chronic illnesses, the growing amount of medicine prescriptions brought on by the region's rapidly aging population, and the expansion of key market participants in the area.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Micropump Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Micropump Market, By Type, 2019-2032 (USD Million)
6.1 Mechanical
6.1.1 Piezoelectric micropump
6.1.2 Electrostatic micropump
6.1.3 Electromagnetic micropump
6.2 Non-Mechanical
7. Global Micropump Market, By Material, 2019-2032 (USD Million)
7.1 Plastics & Composites
7.2 Ceramics
7.3 Metals
8. Global Micropump Market, By Application, 2019-2032 (USD Million)
8.1 Drug Delivery
8.2 In-Vitro Diagnosis
8.3 Medical Device
8.4 Others
9. Global Micropump Market, By End User, 2019-2032 (USD Million)
9.1 Hospital & Diagnostic Center
9.2 Biotechnology & Pharmaceutical Companies
9.3 Academic & Research Institute
10. Global Micropump Market, By Region, 2019-2032 (USD Million)
10.1 North America
10.1.1 United States
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 Germany
10.2.2 United Kingdom
10.2.3 France
10.2.4 Italy
10.2.5 Spain
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Rest of South America
10.5 Middle East & Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
11. Company Profiles
11.1 ALLDOO micropump Inc
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Arcmed Co.Ltd
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Bartels Mikrotechnik Inc
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Burkert GmbH and Co. KG
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Cole Parmer India Pvt. Ltd.
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Enomoto Micropump Mfg.Co
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Fluigent Inc
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 IDEX Corporation
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Sandur Fluid Controls Pvt.Ltd.
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Takako Industries Inc.
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Takasago Electric Inc.
11.11.1 Company details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent developments
11.12 TCS Micropump Ltd.
11.12.1 Company details
11.12.2 Financial outlook
11.12.3 Product summary
11.12.4 Recent developments
11.13 The Lee Company Inc
11.13.1 Company details
11.13.2 Financial outlook
11.13.3 Product summary
11.13.4 Recent developments
11.14 Thomas
11.14.1 Company details
11.14.2 Financial outlook
11.14.3 Product summary
11.14.4 Recent developments
11.15 TOPS Industry and Technology Co. Ltd.
11.15.1 Company details
11.15.2 Financial outlook
11.15.3 Product summary
11.15.4 Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
