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Global Market Study on Next-Generation IV Infusion Pumps: Market Surging on Back of Increased Need for Better IV Medication Administration


Next Generation Iv Infusion Pumps  Market
  • Published On : Feb-2020 |
  • Pages : 227 Pages |
  • Format : Next Generation Iv Infusion Pumps  Market Next Generation Iv Infusion Pumps  Market Next Generation Iv Infusion Pumps  Market Next Generation Iv Infusion Pumps  Market

Next-generation IV infusion pumps - a promising technology with in-built software to prevent medication administration errors. Growing advancements in the field of intravenous medication administration have boosted the growth of the next-generation IV infusion pumps market.乐逸棋牌官网下载 The adoption of next-generation IV infusion pumps has improved patient outcomes with reduced clinical variability. Moreover, increasing demand for these pumps from anesthesiologists, physicians, and nurse anesthetists has reduced the risk of IV medication errors. Widespread adoption of smart pumps with high success rates and introduction of dose error reduction systems (DERSs) are several other critical factors that are boosting the growth of the next-generation IV infusion pumps market.

Technological Advancements in IV Infusion Pump Systems Reducing Medication Errors

乐逸棋牌官网下载smart iv infusion pumps are designed to improve infusion efficiency and system usability, so as to reduce potential iv medication errors. these systems provide patient infusion data for better informed decisions in the management of serious health issues. introduction of real-time dosing guidance and automatic drug library provides immediate feedback on drug compliance, which helps clinicians in selecting the drug concentration from the appropriate predetermined list. moreover, the introduction of this technology also reduces manual steps, as smart infusion pumps have the provision of auto programming and auto documentation with electronic medical record (emr) and bar code medication administration (bcma). introduction of smartphone user interfaces provides programming accuracy and safety to efficiently manage infusion pumps. real-time display of infusion details along with system dashboard supports clinicians with better iv infusion administration. 

Rising Demand for Ambulatory Infusion Pumps in Homecare Settings

rising demand for ambulatory infusion pumps has been witnessed for the management of various diseases such as diabetes and cancer in homecare settings. ambulatory infusion pumps are specially designed as portable and wearable devices. due to increasing spending on long-term care, there is growing preference for homecare settings. ambulatory infusion pumps in homecare settings are more in demand due to rising expenditure mainly on hospitalisation and increase in prevalence of chronic diseases. increase in the rate of adopting ambulatory infusion pumps and growing need to reduce hospital stays are critical factors for the growth of ambulatory infusion pumps in homecare settings.

North America to Dominate Next-Generation IV Infusion Pumps Market

North America holds a noteworthy market share in the global next-generation IV infusion pumps market with 41% of total revenue, and this is expected to grow at a CAGR of 6% during the forecast period. Growing incidence of chronic diseases, rising elderly population, increase accessibility to healthcare facilities, and rising demand among clinicians are factors expected to contribute to the dominance of North America in the global next-generation IV infusion pumps market. Increase in research & development activities, rapidly improving insurance sectors, and increase in demand for smart infusion pumps have helped Europe become the second-most lucrative region in the next-generation IV infusion pumps market, and the market here is expected to expand at a CAGR of 5.7% during the forecast period. Further, continuous rise in the demand for advanced technologies and expansion of private hospitals in rural areas are boosting the demand for next-generation IV infusion pumps in Asia Pacific.

Competitive Landscape of Next-Generation IV Infusion Pumps Market

The global next-generation IV infusion pumps market is characterized as a consolidated market, with key players operating across the globe, such as Baxter International Inc., B. Braun Melsungen AG., Terumo Corporation, and others. Investments in R&D to launch new product lines is the key strategy being adopted by manufacturers in the next-generation IV infusion pumps market. In June 2019,乐逸棋牌官网下载 Ivenix got FDA clearance for an infusion system designed to make infusions safer and reduce the recurring problems associated with infusion pumps.

Analysts’ Viewpoint

Technological innovations for new product launches and rising demand for smart infusion pumps are responsible for the growth of the global next-generation IV infusion pumps market at an impressive rate, with North America and Europe holding substantial share of the market. Solid monetary position and new collaborations for the effective management of intravenous infusion are expected to drive the next-generation IV infusion pumps market further over the period of forecast.

Next-Generation IV Infusion Pumps Market - Scope of the Report

Persistence Market Research (PMR) recently published a market study on the global next-generation IV infusion pumps market. The study provides detailed assessment on key market dynamics, including the drivers, trends, opportunities restraints, and detailed information about the next-generation IV infusion pumps market structure. The market study presents exclusive information about how the next-generation IV infusion pumps market will grow during the forecast period (2019-2029).

key indicators of market growth, which include year-on-year (y-o-y) growth of the market and compound annual growth rate (cagr) are explained in pmr’s study in a comprehensive manner. other information includes definition, drivers and opportunity analysis by region and by product type, which helps in deep understanding of the market segment details by researchers, suppliers, manufactures, and distributors. this information can help readers understand the quantitative growth prospects of the next-generation iv infusion pumps market during the forecast period.

乐逸棋牌官网下载the study is relevant for manufacturers, physicians, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. business researcher, shareholders, industry experts can leverage the information and data presented in pmr’s study.

the study also includes statistics as well as facts related to macroeconomics factors that are impacting developments in the market. it also offers actionable insights based on the future trends in the next-generation iv infusion pumps market. furthermore, small businesses and new entrants in the next-generation iv infusion pumps market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Key Segments of Next-generation IV Infusion Pumps Market

pmr’s study on the next-generation iv infusion pumps market offers information divided into four important segments— product, application, end user, and region. this report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Product

Application

End User

Region

  • Large Volumetric Infusion Systems
  • Patient Controlled Analgesia Pumps
  • Syringe Infusion Systems
  • Electronic- Ambulatory Infusion Systems
  • Implantable Infusion Systems
  • MRI-compatible IV Infusion Pump Systems
  • Disposable Elastomeric Infusion Systems
  • IV Disposables

 

  • Pain Management
  • Chemotherapy
  • Clinical Nutrition
  • Antibiotic Management
  • Others
  • Hospitals
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Diagnostic Centers
  • Others

 

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

 

Questions Answered in PMR’s Next-generation IV Infusion Pumps Market Report

  • Which regions will continue to remain the most profitable regional markets for next-generation IV infusion pumps market players?
  • Which factors will induce a change in the demand for next-generation IV infusion pumps during the assessment period?
  • What are the different opportunities available for emerging players in the next-generation IV infusion pumps market?
  • How are supply-side and demand-side drivers impacting the next-generation IV infusion pumps market?
  • How will changing trends impact the next-generation IV infusion pumps market?
  • How can market players capture the low-hanging opportunities in the next-generation IV infusion pumps market in developed regions?
  • Which companies are leading the next-generation IV infusion pumps market?
  • What are the winning strategies of stakeholders in the next-generation IV infusion pumps market to upscale their position in this landscape?

Next-generation IV Infusion Pumps Market: Research Methodology

乐逸棋牌官网下载in pmr’s study, a unique research methodology is utilized to conduct extensive research on the growth of the next-generation iv infusion pumps market, and reach conclusions on the future growth parameters of the market. this research methodology is a combination of primary and secondary research, which helps analyst ensure accuracy and reliability of conclusions.

secondary resources referred to analyst during the production of the next-generation iv infusion pumps market study include statistics from government healthcare organizations, medicines journals, research journals, press release, annual reports, white papers, directories, and databases. analysts have interviewed senior managers, product portfolio managers, ceos, vps, marketing/product managers, and market intelligence managers, who contributed to the development of this report as a primary resource.

comprehensive information acquired from primary resources and secondary resources acts as a validation from companies in infusion pumps, and makes pmr’s projection on the growth prospects of the next-generation iv infusion pumps market more accurate and reliable.

Companies covered in Next Generation Iv Infusion Pumps Market Report

  • Becton, Dickinson and Company (CareFusion)
  • Baxter International Inc.
  • Fresenius Kabi AG
  • B. Braun Melsungen AG
  • Smiths Medical (Smiths Group plc.)
  • ICU Medical (Hospira Inc.)
  • iRadimed Corporation
  • Zyno Medical
  • Medtronic Plc
  • Terumo Corporation
  • Nipro Corporation
  • Summit Medical Products, Inc
  • Ambu A/S
  • Gamastech S.R.L
  • vTitan
  • Acromed AG 
  • Flowonix Medical, Inc
  • Halyard Health
  • Tricumed Medizintechnik GmbH
  • Ivenix, Inc

乐逸棋牌官网下载next generation iv infusion pumps market

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