Report: U.S. Market for Infusion Therapy Devices to Grow

Report: U.S. Market for Infusion Therapy Devices to Grow

Research and Markets has announced the addition of the “U.S. Market for Infusion Therapy Devices 2015″ report to their offering.

The infusion therapy device market was disrupted by product recalls affecting a significant proportion of installed base units. However, newer pump systems that incorporate additional features, such as wireless capabilities and drug libraries, will enhance patient safety and drive growth in the market.

Unit sales of premium-priced pump systems will contribute to overall growth in the infusion therapy device market.

The segments comprising the infusion therapy device market experienced differing growth rates in 2014. A determining factor for growth rates was the increasing emphasis on patient safety. As a result, ASPs for infusion pumps will increase as manufacturers incorporate more sophisticated software that allows practitioners to administer the correct dosage and medication to the right patient. Integration with electronic medical records (EMRs) and wireless capabilities are important drivers in the infusion pump market. However, health care expenditure reductions have led to a decline in hospitals beds and a shift toward non-acute settings.

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