Infusion Pump Software Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global infusion pump software market is
anticipated to grow at a significant rate in the near future. An infusion pump
is used for the delivery of fluids in the patient’s body. Usually, it delivers
nutrients, drugs or medications such as insulin or other hormones, antibiotics,
chemotherapy drugs, pain relievers are other fluids that are controlled using
these devices. The rate at which the pump needs to infuse the fluid is
programmed with the help of software. One of the advantages offered by the
device is that the rates and the feeding intervals can be programmed carefully
according to the patient’s need.
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The purpose of using software with an infusion pump is to make
the delivery process safer and easier. The major driving factors that are
driving the infusion pump software market include increasing incidence of
diabetes and other chronic diseases which in turn is increasing the acceptance
of ambulatory and disposable infusion pumps in-home healthcare. Additionally,
the market is also expected to grow owing to the significant development in
drug delivery infusion pumps and the patient monitored anesthetic infusion
pumps in the near future.
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The global infusion pump software market is segmented on the
basis of type and end-user. By type, the market is further sub-segmented into
dose error reduction software (DERS), interoperability software and clinical
workflow. In an attempt to reduce medication errors at the administration stage
the manufacturers have introduced smart pumps with medication safety software
referred to as Dose Error Reduction Software (DERS). The interoperability
software provides the ability to different information technology systems and
software applications to communicate, exchange data and use the information
that has been exchanged. Infusion pump interoperability has significant
benefits such as a pump can send accurate and real-time infusion data to the patient
record which will reduce clinical documentation time and the potential for
errors.
Current trends in the Infusion Pump Software Market
- In
February 2019, Flowonix Medical, Inc’s infusion pump software upgrade was
approved by the US FDA. This will provide consist and accurate dosing to
the patient using a novel micro-bolus delivery mechanism that delivers
medication rapidly and broadly to the spinal cord.
- In
July 2019, Ivenix Inc. received FDA clearance for infusion pump the are
large in volume pump and designed to meet the new FDA infusion pump
guidelines adopted in 2014. That update will address the recurring safety
problems associated with infusion pumps.
Infusion Pump Software Market- Segmentation
By Type
- Dose
Error Reduction Software (DERS)
- Interoperability
Software
- Clinical
Workflow
By End-User
- Hospitals
& Clinics
- Ambulatory
Care Settings
- Others
(Homecare Settings)
Infusion Pump Software Market- By Region
North America
- United
States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest
of Europe
Asia-Pacific
- China
- India
- Japan
- Rest
of Asia-Pacific
Rest of the World
CompanyProfiles
·
AnimasLLC
B. BraunMelsungenAG
BaxterInternational, Inc.
Becton, Dickinson&Co.
FlowonixMedicalInc.
FreseniusKabiAG
ICUMedical, Inc.
MedtronicPLC
Moog, Inc.
PrecisionSystems, Inc.
SmithsGroupPLC
TandemDiabetesCare, Inc.
TerumoCorp.
Ypsomed AG
AnimasLLC
B. BraunMelsungenAG
BaxterInternational, Inc.
Becton, Dickinson&Co.
FlowonixMedicalInc.
FreseniusKabiAG
ICUMedical, Inc.
MedtronicPLC
Moog, Inc.
PrecisionSystems, Inc.
SmithsGroupPLC
TandemDiabetesCare, Inc.
TerumoCorp.
Ypsomed AG
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