Overview

Next-Generation IV Infusion Pumps Market Dynamics:

Advancements in the administration of intravenous medication, rising insistence for IV pumps from physicians, nurse anaesthetists and anaesthesiologist, soaring acceptance of smart pumps are some of the key factors responsible for the growth of the market. Furthermore, the emergence of reduction systems with less dosage errors shall bolster the next-generation IV infusion pumps market growth. IV infusion pumps are developed for improving system usability and infusion efficiency. These systems offer database of patient infusions for insightful decisions in managing chronic disorders. The emergence of dosage guidance in real-time and immediate feedback received from automatic drug libraries shall aid in the compliance of drugs used. This technology has also aided in the reduction of manual labour with the automatic documentation with EMR and BCMA. Such factors shall positively impact the market growth.

Next-Generation IV Infusion Pumps Market Segmentation:

By Product

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

By Application

Clinical Nutrition
Pain Management
Chemotherapy
Antibiotic Management
Others

By End User

Hospitals
Ambulatory Surgical Centers
Homecare Settings
Diagnostic Centers
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

The market is classified into product, application, end user and region. The product segment is categorised into large volumetric infusion systems, syringe infusion systems, electronic ambulatory infusion systems, patient controlled analgesia pumps, disposable elastomeric infusion systems, implantable infusion systems, MRI-compatible IV infusion pump system, IV disposables. The application segment is fragmented into clinical nutrition, pain management, chemotherapy, antibiotic management and others. The end user segment is categorised into hospitals, ambulatory surgical centres, homecare settings, diagnostic centres and others.

Regional Analysis:

The North America region is predicted to hold the largest next-generation IV infusion pumps market share owing to the growing prevalence of appalling diseases, soaring geriatric population, rising access to advanced healthcare facilities, escalating insistence from clinicians. Furthermore, rising R&D activities, improving insurance policies shall boost the market growth in the region.

Competitive Landscape:

The major market players associated are Baxter International Inc., Becton Dickinson and Co., Fresnius Kabi AG, B. Braun Melsungen AG, Smiths Medical, ICU Medical, iRadimed Corp., Zyno Medical, Medtronic PLC, Terumo Corp., Nipro Corp., Summit Medical Products Inc., Ambu A/S, Gamastech SRL, vTian, ACromed AG.

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key market trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global next-generation IV infusion pumps market by product, by application, by end user and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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