According
to the study, ‘INFUSION
PUMPS - MEDICAL DEVICES PIPELINE ASSESSMENT, 2018’, major companies and
institutions currently operating in infusion pump manufacturing are ClearLine MD, Fluonic, Inc., Hospira Inc, Innovfusion Pte.
Ltd., Lynntech Inc, Massachusetts Institute of Technology, Palyon Medical Corp,
SteadyMed Therapeutics Inc, Terumo Corp and Turnpoint Medical Devices Inc.
An infusion
pump is a medical device that is used to administer fluids such as nutrients,
minerals or medication into a patient’s body in a controlled amount. The
infusion pump is operated by a trained professional who controls the duration
and the quantity of medicine or nutrient that need to be delivered to the
patient. The advantage that this device possesses over manual administration is
that medicines can be delivered in small amounts or programmed to be delivered
in specific time intervals. These devices need not be operated solely in a
hospital setting but can be easily used in homes as well. There are numerous
types of infusion pumps which are used for variety of purposes and that too in
different environments. The classification of the pumps can also be done on the
basis of mobility they offer. Ambulatory
infusion pumps are the pumps that are mobile offer the ability to move around
while other set of devices are stationery intended to be used by the patient’s bedside.
Other classification can be based on the segment. These include oncology,
neonatology, analgesia, gastroenterology, hematology and diabetes. Other type
of infusion pumps are infusion pumps, including enteral, patient controlled
analgesia (PCA), and insulin infusion pumps. Enteral pumps can be used to
deliver medication to the digestive tract. PCA is used to administer pain
medication that can also be controlled by the patient himself or herself as per
their need. Insulin pumps are home based infusion pumps used by diabetic
patients to deliver insulin.
During the
period of 2005-2010, the US FDA received numerous complaints relating to the
functioning of these devices. The FDA launched the Infusion Pump Initiative in
response to the complaints received. In order to minimize design defects, FDA
has made it compulsory for manufacturers to conduct additional testing of their
devices and also include design information along with their product. FDA via
its in-house expertise is conducting research to prevent failures in
malfunctioning device software’s. In order to facilitate early detection and
correction of device defects, FDA offers manufacturers to submit their software
code with them so that they can be analyzed by agency experts.
Rising demand
due to increasing chronic diseases and increased hospitalization are the prime
drivers for infusion pump industry. A family of fully featured infusion pumps
is being developed by a startup in New Hampshire named Fluidnet. These devices
are being designed for both hospital and alternative site environments. MAAS
medical is developing two new infusion systems for both hospital and alternate
site IV deliveries.
The scope
that lies in infusion pumps industry is immense. Companies especially in United
States are coming up with new technological innovations to gain more market
share. The competition in this industry is immense. Organizations need to focus
on convenience, mobility, efficiency and other such factors in order to become
the market leader.
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