Global Infusion Pump Software Market Size, Share, Trends & Forecast 2019-2025

Posted by nabeel on December 29th, 2020

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.

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

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