Press release
The Next Generation Iv Infusion Pumps Market to see digitized data collection at a CAGR of 5.8%
Improved patient safety, efficient dose administration, and seamless interoperability for advanced infusion delivery are several advantages offered by next-generation IV infusion pumps. Novel utilization in existing treatments and promising discovery of innovation pumps have led to the expansion of the next-generation IV infusion pumps market.
Despite the expected growth in the next generation IV infusion pumps market, there are also several challenges that may inhibit market growth. These include the high costs associated with the purchase and maintenance of these devices, as well as regulatory and reimbursement issues. In addition, the increasing adoption of alternative methods of drug delivery, such as oral or inhalation methods, may limit market growth.
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Overall, the next generation IV infusion pumps market is expected to experience significant growth in the coming years, driven by factors such as the increasing prevalence of chronic diseases, the growing demand for advanced medical technologies, and the increasing adoption of next generation IV infusion pumps in hospitals and other healthcare settings. However, challenges such as the high costs of these devices and regulatory and reimbursement issues may inhibit market growth.
Company Profiles
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
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Key Takeaways of Next-Generation IV Infusion Pumps Market Study
By product, large volumetric infusion systems hold around 60% revenue share in the next-generation IV infusion pumps market.
Large volumetric infusion pumps are designed to overcome issues such as size of fluid drops, and are capable of delivering continuous and controlled flow of intravenous fluids, blood products, and whole blood with high level of accuracy.
By application, the pain management segment contributes a significant share to the next-generation IV infusion pumps market, owing to the availability of smart infusion pumps specially designed for different pain management solutions.
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Read More:
https://www.medgadget.com/2022/01/the-next-generation-iv-infusion-pumps-market-to-witness-ushering-of-rapid-digitization.html
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