Table of Content

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 20
2.1.1.1 Secondary sources 20
2.1.2 PRIMARY DATA 22
2.1.3 PRIMARY SOURCES 23
2.1.3.1 key insights from primary sources 24
2.1.3.2 Market size estimation methodology 24
2.1.4 MARKET DATA ESTIMATION AND TRIANGULATION 26
2.2 ASSUMPTIONS 27

3 EXECUTIVE SUMMARY 28

4 PREMIUM INSIGHTS 32
4.1 INFUSION PUMP SOFTWARE MARKET OVERVIEW 32
4.2 GEOGRAPHIC ANALYSIS: EUROPEAN INFUSION PUMP SOFTWARE MARKET SHARE,
BY TYPE, 2019 33
4.3 INFUSION PUMP SOFTWARE MARKET SHARE, BY INDICATION, 2019 VS. 2024 34
4.4 INFUSION PUMP SOFTWARE MARKET SHARE, BY TYPE, 2019 VS. 2024 34
4.5 INFUSION PUMP SOFTWARE MARKET SHARE, BY END USER, 2019 VS. 2024 35
4.6 INFUSION PUMP SOFTWARE MARKET: GEOGRAPHICAL SNAPSHOT 35

5 MARKET OVERVIEW 36
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 MARKET DRIVERS 37
5.2.1.1 Increasing incidence of chronic diseases and rapid growth in geriatric population 37
5.2.1.2 Growing number of surgical procedures performed 38
5.2.1.3 Rising demand for ambulatory and home care infusion pumps 39
5.2.1.4 Technological developments 39
5.2.2 MARKET RESTRAINTS 40
5.2.2.1 Frequent product recalls of infusion pumps 40
5.2.3 MARKET OPPORTUNITIES 41
5.2.3.1 Untapped emerging markets 41
5.2.3.2 Growing adoption of specialty infusion systems 41
5.2.4 CHALLENGES 42
5.2.4.1 Increasing incidence of medication errors and lack of wireless connectivity in most hospitals 42

6 INFUSION PUMP SOFTWARE MARKET, BY TYPE 43
6.1 INTRODUCTION 44
6.2 DOSE ERROR REDUCTION SOFTWARE (DERS) 46
6.2.1 INCREASING INCIDENCE OF MEDICATION ERRORS IS DRIVING THE DEMAND FOR DERS IN INFUSION PUMPS 46
6.3 CLINICAL WORKFLOW SOFTWARE 47
6.3.1 CLINICAL WORKFLOW SOFTWARE ENABLES AUTOMATION OF THE ENTIRE PROCESS OF A PATIENT’S ASSESSMENT AND TREATMENT 47
6.4 INTEROPERABILITY SOFTWARE 48
6.4.1 INTEROPERABILITY SOFTWARE HELPS IN REDUCING MANUAL PROGRAMMING ERRORS 48
6.5 OTHERS 49

7 INFUSION PUMP SOFTWARE MARKET, BY INDICATION 50
7.1 INTRODUCTION 51
7.2 GENERAL INFUSION 52
7.2.1 AVAILABILITY OF SAFER AND EFFICIENT INFUSION PUMPS TO PROPEL THE MARKET FOR GENERAL INFUSION 52
7.3 PAIN & ANESTHESIA MANAGEMENT 53
7.3.1 HIGH INCIDENCE OF CHRONIC PAIN WILL DRIVE THE MARKET FOR PAIN MANAGEMENT 53
7.4 INSULIN INFUSION 54
7.4.1 SIGNIFICANT INCREASE IN THE GLOBAL PREVALENCE OF DIABETES WILL DRIVE MARKET GROWTH 54
7.5 CHEMOTHERAPY 55
7.5.1 DEMAND FOR CONTROLLED AND TARGETED DELIVERY OF MEDICATION TO DRIVE THE CHEMOTHERAPY MARKET 55
7.6 ENTERAL INFUSION 56
7.6.1 INFUSION PUMPS FACILITATE CONTINUOUS AND CONTROLLED PARENTERAL FLOW 56
7.7 OTHER INDICATIONS 57
?

8 INFUSION PUMP SOFTWARE MARKET, BY END USER 59
8.1 INTRODUCTION 60
8.2 HOSPITALS 61
8.2.1 HOSPITALS DOMINATE THE INFUSION PUMP SOFTWARE MARKET, BY END USER 61
8.3 AMBULATORY CARE SETTINGS 62
8.3.1 NEED TO REDUCE HEALTHCARE EXPENDITURE HAS BOOSTED THE PREFERENCE FOR AMBULATORY CARE 62
8.4 HOME CARE SETTINGS 63
8.4.1 RISING ACCEPTANCE AND COST-EFFICIENCY OF HOME CARE PRODUCTS HAVE DRIVEN THEIR USE 63
8.5 ACADEMIC & RESEARCH INSTITUTES 64
8.5.1 RISING DRUG DISCOVERY ACTIVITY AND INCIDENCE OF MEDICATION ERRORS IS DRIVING MARKET GROWTH 64

9 INFUSION PUMP SOFTWARE MARKET, BY REGION 66
9.1 INTRODUCTION 67
9.2 NORTH AMERICA 68
9.2.1 US 72
9.2.1.1 US is the largest market for infusion pump software 72
9.2.2 CANADA 74
9.2.2.1 Favorable reimbursement scenario for infusion pumps to propel the market in Canada 74
9.3 EUROPE 76
9.3.1 GERMANY 80
9.3.1.1 Germany is the fastest-growing market for infusion pump software in Europe 80
9.3.2 FRANCE 82
9.3.2.1 The healthcare system in France is among the best in the world 82
9.3.3 UK 84
9.3.3.1 High number of medication errors in the UK to drive market growth 84
9.3.4 ROE 86
9.4 APAC 88
9.4.1 CHINA 92
9.4.1.1 Growing investments in healthcare infrastructure to support market growth 92
9.4.2 JAPAN 94
9.4.2.1 Rapid growth in the geriatric population and the rising prevalence of age-related illnesses to drive market growth 94
9.4.3 INDIA 96
9.4.3.1 High prevalence of lifestyle diseases to drive the market for infusion pump software 96
9.4.4 ROAPAC 98
9.5 REST OF THE WORLD 100

10 COMPETITIVE LANDSCAPE 104
10.1 OVERVIEW 104
10.1.1 MARKET RANKING OF PLAYERS, 2018 105
10.2 COMPETITIVE LEADERSHIP MAPPING 106
10.2.1 VISIONARY LEADERS 106
10.2.2 INNOVATORS 106
10.2.3 DYNAMIC DIFFERENTIATORS 106
10.2.4 EMERGING COMPANIES 107
10.3 COMPETITIVE SCENARIO 108
10.3.1 PRODUCT LAUNCHES 108
10.3.2 EXPANSIONS 109
10.3.3 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS 110
10.3.4 ACQUISITIONS 111

11 COMPANY PROFILES 112
(Business Overview, Products Offered, Recent Developments, MnM View)*
11.1 BECTON, DICKINSON AND COMPANY (BD) 112
11.2 B. BRAUN MELSUNGEN AG (B. BRAUN) 115
11.3 BAXTER INTERNATIONAL INC. (BAXTER) 118
11.4 FRESENIUS KABI 121
11.5 ICU MEDICAL, INC. (ICU MEDICAL) 123
11.6 MEDTRONIC PLC (MEDTRONIC) 125
11.7 MOOG INC. (MOOG) 128
11.8 SMITHS MEDICAL (A DIVISION OF SMITHS GROUP PLC) 130
11.9 TERUMO CORPORATION 132
11.10 ROCHE DIAGNOSTICS (A DIVISION OF F. HOFFMANN- LA ROCHE LTD.) 134
11.11 YPSOMED AG (YPSOMED) 136
11.12 MICREL MEDICAL DEVICES 139
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

12 APPENDIX 140
12.1 DISCUSSION GUIDE 140
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 143
12.3 AVAILABLE CUSTOMIZATIONS 145
12.4 RELATED REPORTS 145
12.5 AUTHOR DETAILS 146



List of Figures



FIGURE 1 RESEARCH METHODOLOGY STEPS 18
FIGURE 2 RESEARCH DESIGN 19
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 22
FIGURE 4 INFUSION PUMP SOFTWARE MARKET : BOTTOM-UP APPROACH 25
FIGURE 5 INFUSION PUMP SOFTWARE MARKET: TOP-DOWN APPROACH 25
FIGURE 6 DATA TRIANGULATION METHODOLOGY 26
FIGURE 7 INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2019 VS. 2024 (USD MILLION) 28
FIGURE 8 INFUSION PUMP SOFTWARE MARKET SHARE, BY INDICATION 2019 VS. 2024 (USD MILLION) 29
FIGURE 9 INFUSION PUMP SOFTWARE MARKET SHARE, BY END USER, 2018 30
FIGURE 10 GEOGRAPHICAL SNAPSHOT OF THE INFUSION PUMP SOFTWARE MARKET 31
FIGURE 11 INCREASING INCIDENCE OF CHRONIC DISEASES TO DRIVE THE GROWTH OF THE MARKET DURING THE FORECAST PERIOD 32
FIGURE 12 GERMANY TO ACCOUNT FOR THE LARGEST SHARE IN THE EUROPEAN INFUSION PUMP SOFTWARE MARKET IN 2019 33
FIGURE 13 GENERAL INFUSION SEGMENT TO DOMINATE THE INFUSION PUMP SOFTWARE MARKET DURING THE FORECAST PERIOD 34
FIGURE 14 DERS SEGMENT TO ACCOUNT FOR THE DOMINANT SHARE OF
THE MARKET IN 2019 34
FIGURE 15 HOSPITALS TO DOMINATE THE INFUSION PUMP SOFTWARE MARKET IN 2024 35
FIGURE 16 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 35
FIGURE 17 INFUSION PUMP SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 36
FIGURE 18 GLOBAL CANCER INCIDENCE, 2008–2030 37
FIGURE 19 ESTIMATED DIABETIC POPULATION, BY REGION, 2015 VS. 2040 38
FIGURE 20 DERS SEGMENT TO WITNESS THE HIGHEST GROWTH IN THE INFUSION PUMP SOFTWARE MARKET DURING THE FORECAST PERIOD 44
FIGURE 21 INSULIN INFUSION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 51
FIGURE 22 HOSPITALS TO ACCOUNT FOR THE LARGEST SHARE IN THE INFUSION PUMP SOFTWARE MARKET IN 2018 60
FIGURE 23 NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF THE INFUSION PUMP SOFTWARE MARKET IN 2018 67
FIGURE 24 NORTH AMERICA: INFUSION PUMP SOFTWARE MARKET SNAPSHOT 69
FIGURE 25 EUROPE: INFUSION PUMP SOFTWARE MARKET SNAPSHOT 77
FIGURE 26 APAC: INFUSION PUMP SOFTWARE MARKET SNAPSHOT 89
FIGURE 27 ROW: INFUSION PUMP SOFTWARE MARKET SNAPSHOT 101
FIGURE 28 KEY DEVELOPMENTS IN THE INFUSION PUMP SOFTWARE MARKET BETWEEN 2016 AND 2018 104
FIGURE 29 INFUSION PUMP SOFTWARE MARKET RANKING, BY KEY PLAYER 105
FIGURE 30 INFUSION PUMP SOFTWARE MARKET, COMPETITIVE LEADERSHIP MAPPING, 2018 107
FIGURE 31 BECTON, DICKINSON AND COMPANY: COMPANY SNAPSHOT (2018) 112
FIGURE 32 B. BRAUN: COMPANY SNAPSHOT (2017) 115
FIGURE 33 BAXTER: COMPANY SNAPSHOT (2017) 118
FIGURE 34 FRESENIUS KABI: COMPANY SNAPSHOT (2017) 121
FIGURE 35 ICU MEDICAL: COMPANY SNAPSHOT (2017) 123
FIGURE 36 MEDTRONIC: COMPANY SNAPSHOT (2017) 125
FIGURE 37 MOOG: COMPANY SNAPSHOT (2018) 128
FIGURE 38 SMITHS MEDICAL: COMPANY SNAPSHOT (2018) 130
FIGURE 39 TERUMO CORPORATION: GENERAL HOSPITAL COMPANY SEGMENT
SNAPSHOT (2017) 132
FIGURE 40 ROCHE: COMPANY SNAPSHOT (2018) 134
FIGURE 41 YPSOMED: COMPANY SNAPSHOT (2017) 136

 

List of Tables



TABLE 1 INDICATIVE LIST OF PRODUCT RECALLS FOR INFUSION PUMP SOFTWARE
(2015–2017) 40
TABLE 2 INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2017–2024 (USD MILLION) 45
TABLE 3 INFUSION PUMP SOFTWARE MARKET, BY REGION, 2017–2024 (USD MILLION) 45
TABLE 4 INFUSION PUMP SOFTWARE MARKET FOR DERS, BY REGION 2017–2024 (USD MILLION) 46
TABLE 5 INFUSION PUMP CLINICAL WORKFLOW SOFTWARE MARKET, BY REGION 2017–2024 (USD MILLION) 47
TABLE 6 INFUSION PUMP INTEROPERABILITY SOFTWARE MARKET, BY REGION 2017–2024 (USD MILLION) 48
TABLE 7 OTHER INFUSION PUMP SOFTWARE MARKET, BY REGION 2017–2024 (USD MILLION) 49
TABLE 8 INFUSION PUMP SOFTWARE MARKET, BY INDICATION, 2017–2024 (USD MILLION) 52
TABLE 9 INFUSION PUMP SOFTWARE MARKET FOR GENERAL INFUSION, BY REGION 2017–2024 (USD MILLION) 53
TABLE 10 INFUSION PUMP SOFTWARE MARKET FOR PAIN & ANESTHESIA MANAGEMENT BY REGION, 2017–2024 (USD MILLION) 54
TABLE 11 INFUSION PUMP SOFTWARE MARKET FOR INSULIN INFUSION, BY REGION 2017–2024 (USD MILLION) 55
TABLE 12 INFUSION PUMP SOFTWARE MARKET FOR CHEMOTHERAPY, BY REGION 2017–2024 (USD MILLION) 56
TABLE 13 INFUSION PUMP SOFTWARE MARKET FOR ENTERAL INFUSION, BY REGION 2017–2024 (USD MILLION) 57
TABLE 14 INFUSION PUMP SOFTWARE MARKET FOR OTHER INDICATIONS, BY REGION, 2017–2024 (USD MILLION) 58
TABLE 15 INFUSION PUMP SOFTWARE MARKET, BY END USER, 2017–2024 (USD MILLION) 60
TABLE 16 INFUSION PUMP SOFTWARE MARKET FOR HOSPITALS, BY REGION 2017–2024 (USD MILLION) 61
TABLE 17 INFUSION PUMP SOFTWARE MARKET FOR AMBULATORY CARE SETTINGS BY REGION, 2017–2024 (USD MILLION) 62
TABLE 18 INFUSION PUMP SOFTWARE MARKET FOR HOME CARE SETTINGS, BY REGION, 2017–2024 (USD MILLION) 64
TABLE 19 INFUSION PUMP SOFTWARE MARKET FOR ACADEMIC & RESEARCH INSTITUTES, BY REGION, 2017–2024 (USD MILLION) 65
TABLE 20 INFUSION PUMP SOFTWARE MARKET, BY REGION, 2017–2024 (USD MILLION) 68
TABLE 21 NORTH AMERICA: INFUSION PUMP SOFTWARE MARKET, BY COUNTRY 2017–2024 (USD MILLION) 70
TABLE 22 NORTH AMERICA: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 70
TABLE 23 NORTH AMERICA: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 71
TABLE 24 NORTH AMERICA: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 71
TABLE 25 US: INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2017–2024 (USD MILLION) 73
TABLE 26 US: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 73
TABLE 27 US: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 74
TABLE 28 CANADA: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 75
TABLE 29 CANADA: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 75
TABLE 30 CANADA: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 76
TABLE 31 EUROPE: INFUSION PUMP SOFTWARE MARKET, BY COUNTRY 2017–2024 (USD MILLION) 78
TABLE 32 EUROPE: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 78
TABLE 33 EUROPE: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 79
TABLE 34 EUROPE: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 79
TABLE 35 GERMANY: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 80
TABLE 36 GERMANY: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 81
TABLE 37 GERMANY: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 81
TABLE 38 FRANCE: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 82
TABLE 39 FRANCE: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 83
TABLE 40 FRANCE: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 83
TABLE 41 UK: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 84
TABLE 42 UK: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 85
TABLE 43 UK: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 85
TABLE 44 ROE: INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2017–2024 (USD MILLION) 86
TABLE 45 ROE: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 87
TABLE 46 ROE: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 87
TABLE 47 ASIA PACIFIC INFUSION PUMP SOFTWARE MARKET, BY COUNTRY 2017–2024 (USD MILLION) 90
TABLE 48 ASIA PACIFIC: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 90
TABLE 49 ASIA PACIFIC: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 91
TABLE 50 ASIA PACIFIC: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 91
TABLE 51 CHINA: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 92
TABLE 52 CHINA: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 93
TABLE 53 CHINA: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 93
TABLE 54 JAPAN: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 94
TABLE 55 JAPAN: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 95
TABLE 56 JAPAN: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 95
TABLE 57 INDIA: INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2017–2024 (USD MILLION) 96
TABLE 58 INDIA: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 97
TABLE 59 INDIA: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 97
TABLE 60 ROAPAC: INFUSION PUMP SOFTWARE MARKET, BY TYPE 2017–2024 (USD MILLION) 98
TABLE 61 ROAPAC: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 99
TABLE 62 ROAPAC: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 99
TABLE 63 ROW: INFUSION PUMP SOFTWARE MARKET, BY TYPE, 2017–2024 (USD MILLION) 102
TABLE 64 ROW: INFUSION PUMP SOFTWARE MARKET, BY INDICATION 2017–2024 (USD MILLION) 102
TABLE 65 ROW: INFUSION PUMP SOFTWARE MARKET, BY END USER 2017–2024 (USD MILLION) 103
TABLE 66 PRODUCT LAUNCHES AND APPROVALS 108
TABLE 67 EXPANSIONS 109
TABLE 68 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS 110
TABLE 69 ACQUISITIONS 111