Infusion Pump Software Market Trends, Size, Competitive Analysis and Forecast 2019-2025


Posted August 24, 2020 by mansi3210

Infusion Pump Software Market Size, Share & Trends Analysis Report by Type , by End-user, and Forecast, 2019–2025
 
The global infusion pump software market is expected to grow at a CAGR of 6% during the forecast period. Infusion pumps are medical devices that supply nutrients and medicines such as antibiotics, chemotherapy drugs, insulin or other hormones, and pain relievers into the patient's body with controlled dosages. Majority of the infusion pumps are directed by software that controls the pumping mechanism and other key safety functions. Software embedded in these pumps enables safe and convenient use of infusion pumps. These devices are widely used in hospitals, clinics, and ambulatory care settings. The increasing prevalence of chronic diseases and advancements in infusion pump software are some of the major factors encouraging the growth of the global infusion pump software market. However, rising infusion pump recalls are restricting the market growth.

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A significant rise in the prevalence of diabetes and cancer have witnessed across the globe. For instance, according to the World Health Organization (WHO), the global cancer burden is anticipated to have increased to 18.1 million new incidences and 9.6 million mortalities in 2018. One in five men and one in six women globally develop cancer during their lifetime. This may drive the demand for chemotherapy pumps, which is also referred to as infusion pumps. These pumps deliver a controlled amount of chemotherapy drugs into the bloodstream of the patients. The treatment is considered safe and effective for cancer patients and therefore, it is one of the preferred treatments for cancer patients. This, in turn, is contributing to the demand for infusion pump software to optimize infuse management practices. In addition, the platform enables to identify, track, and ultimately prevent several harmful intravenous medication errors. As a result, it reduces certain medical errors and offers better patient outcomes.

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A significant rise in the prevalence of diabetes and cancer have witnessed across the globe. For instance, according to the World Health Organization (WHO), the global cancer burden is anticipated to have increased to 18.1 million new incidences and 9.6 million mortalities in 2018. One in five men and one in six women globally develop cancer during their lifetime. This may drive the demand for chemotherapy pumps, which is also referred to as infusion pumps. These pumps deliver a controlled amount of chemotherapy drugs into the bloodstream of the patients. The treatment is considered safe and effective for cancer patients and therefore, it is one of the preferred treatments for cancer patients. This, in turn, is contributing to the demand for infusion pump software to optimize infuse management practices. In addition, the platform enables to identify, track, and ultimately prevent several harmful intravenous medication errors. As a result, it reduces certain medical errors and offers better patient outcomes.

• MarketSegmentation
ByType
DoseErrorReductionSoftware (DERS)
InteroperabilitySoftware
Clinical Workflow

ByEnd-User

Hospitals&Clinics
AmbulatoryCareSettings
Others (Homecare Settings)
• RegionalAnalysis

NorthAmerica
UnitedStates
Canada
Europe
UK
Germany
Italy
Spain
France
RestofEurope
Asia-Pacific
China
India
Japan
RestofAsia-Pacific
Rest of the World

• CompanyProfiles

AnimasLLC
B. BraunMelsungenAG
BaxterInternational, Inc.
Becton, Dickinson&Co.
FlowonixMedicalInc.
FreseniusKabiAG
ICUMedical, Inc.
MedtronicPLC
Moog, Inc.
PrecisionSystems, Inc.
SmithsGroup PLC
TandemDiabetesCare, Inc.
Terumo Corp.
Ypsomed AG

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Categories Business , Health , Medical
Tags healthcare information technology , market analysis , market forecast , market research
Last Updated August 24, 2020