The COVID-19 pandemic had a negative impact on multiple industries and decreased the demand for many medical devices and pharmaceutical products. Even though the larger number of hospitalizations due to complications caused by the virus has created an increase in demand for certain products, the overall demand for intravenous (IV) solutions went down in the
The global market for infusion pumps was valued at $2.3 billion in 2020, a 31.9% decrease from $3.3 billion in 2019. In 2020, the entire landscape of the market shifted as a result of the global COVID-19 pandemic. Despite the challenges presented by COVID-19 to this global market, two companies remain on top and are
Based on the latest market study by iData Research, the US infusion pump market was valued at almost $1,176 million in 2019. However, due to COVID, the market size is expected to shrink by an astonishing 51% and reach a valuation of $572 million in 2020, before rebounding in 2021. The infusion pump market is
According to the latest market study by iData research, the European Infusion Therapy market size was estimated at around $926 million in 2020 which is almost a 10% decline from the previous year. COVID-19 is expected to play a significant role in this market due to elective procedure deferrals as well as restrictions limiting sales
B. Braun has received FDA 510(k) clearance for its MRI system SpaceStation MRI. Based out of Germany, B. Braun is a leader of infusion therapy and medical imaging devices, as well as a variety of other medical devices. This new imaging technology differs from other MRI systems as it can be used with the Space
Register to receive a free Global Infusion Therapy Market Analysis, Size, Trends Report synopsis and brochure. Israel-based Eitan Group has partnered in a distribution deal with Canadian Hospital Specialties Ltd for their Sapphire infusion pump systems. These systems utilize a seamless touchscreen interaction that delivers high-end volumetric infusion pump functionality in a compact and small
Register to receive a free U.S. Market Report Suite for Infusion Therapy Device –MedSuite report synopsis and brochure ICU Medical, a major player in the infusion therapy market, has effectively integrated the ICU Medical MedNet safety software with the Vocera Platform. This integration allows hospitals to send and filter specific alarms which come from ICU Medical’s IV
Register to receive a free U.S. Market Report Suite for Infusion Therapy Device –MedSuite report synopsis and brochure Icu Medical announces a 7-year purchase agreement with Scripps Health of ICU’s complete line of IV products, including the Plum 360 infusion therapy system with ICU Medical MedNet IV medication safety software. The contract is for almost 2,500 of
Register to receive a free U.S. Market Report Suite for Infusion Therapy Device –MedSuite report synopsis and brochure Cerebral Therapeutics has recently announced the closing of a $7.8 million Extension of its Series A financing by institutional investors Granite Point Capital Management, L.P. and Vivo Capital, LLC. Cerebral Therapeutics is a clinical stage company focused on developing
Register to receive a free U.S. Market Report Suite for Infusion Therapy Device –MedSuite report synopsis and brochure Flowonix Medical, Inc. announced on February 5th that the United States Food and Drug Administration (FDA) has granted them market approval for their Maestro™ Software for Clinician Programmers. The product is intended to benefit user experience for patients and
