Question 1

What factors are driving the demand for micropumps in medical device applications?

Accepted Answer

The medical device segment is anticipated to depict over 20.5% growth rate from 2022 to 2030, attributed to the mounting demand for lightweight and concise medical devices due to their enhanced portability and ease of use.

Question 2

How much is the micropump market worth?

Accepted Answer

Global market size for micropump was worth more than USD 1.5 billion in 2021 and is anticipated to exhibit over 19.5% CAGR from 2022 to 2030 backed by the rapid integration of advanced technologies in conventional micropumps.

Question 3

Why mechanical micropumps are gaining traction?

Accepted Answer

Mechanical micropump segment accounted for over USD 1 billion in 2021 and is projected to garner appreciable revenues by 2030 due to the broad range of applications of mechanical micropumps, including targeted medicine administration, microprocessor cooling, and fuel injection.

Question 4

Which companies manufacture micropumps?

Accepted Answer

Prominent players in the micropump market are Xavitech Micropumps, Sensile Medical (Gerresheimer AG), Antylia Scientific, Idex Corporation, Dolomite Microfluids (Blacktrace Holdings Ltd.), The Lee Company, Thomas Gardner Denver (Ingersoll Rand), Takasago Electric, Inc., Servoflo Corporation, and Bio-chem Fluidics (Halma).

Micropump Market Share

Micropump Market Share

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