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Baxter recently launched the DeviceVue asset tracking solution for hospitals using its Sigma Spectrum infusion system.

The product was designed to help clinicians and biomedical engineers quickly find unused pumps by viewing pump location and status data from their computers or phones.

The company said it is the first and only smart infusion pump manufacturer to offer an end-to-end asset tracking solution.

“Healthcare leaders today are required to deliver clinical and financial return on every dollar spent,” Scott Luce, GM of Baxter’s U.S. hospital products business, said in prepared remarks.

“Baxter is committed to continually enhancing the award-winning Sigma Spectrum Infusion System through technologies like DeviceVue that drive operational efficiencies and help facilities maximize clinical value.”

Instead of using external radio frequency identification tags, DeviceVue tracks a signal emitted from the pump’s wireless radio that provides the device’s location, whether it’s in use and the status of the pump’s battery, wireless network connection and drug library.

Read more at drugdeliverybusiness.com

For Further Information
The full report suite on the U.S. market for infusion therapy devices includes infusion pumps, intravenous (IV) sets, needleless connectors (NLCs) and stopcocks. These four categories are further segmented based on specific distinguishing categories. The infusion pump market is segmented into categories based on the type of pump, such large volume, syringe, electronic ambulatory and disposable infusion pumps. The intravenous set market is segmented by tubing type, such as primary IV, secondary IV and IV extension sets. The iData series on the market for infusion therapy devices covers the U.S., Australia, Japan, South Korea and 15 countries in Europe including Germany, France, the United Kingdom (U.K.), Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Finland, Denmark, Sweden and Norway), Portugal, Austria and Switzerland. Reports provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment.