Emerging Applications Boosting Growth in the Micropumps Market
The global micropumps market, valued at USD 2.14 billion in 2023, is poised for dramatic growth, projected to reach USD 9.34 billion by 2032, reflecting a remarkable CAGR of 17.81% from 2024 to 2032. This explosive growth is being fueled by a combination of technological innovation, shifting healthcare paradigms, and a rising demand for precision medicine and wearable drug delivery systems. As healthcare becomes more personalized and portable, micropumps have emerged as a critical component powering these advancements.
