MARKET OVERVIEW PRINT PAGE

Major trends in the infusion market

  1. All indications are that the use of IV therapy will increase in the future. Reliable and convenient intravenous infusion systems will be among the most important aspects of health care.
  2. There is a worldwide growing shortage of well-trained and experienced clinical staff in hospitals and outsourcing is increasing in certain markets.
  3. Due to the fact that the hydrostatic pressure is not constant during administration, gravity sets are perceived to be inaccurate, despite numerous efforts worldwide to improve these sets to maintain a constant flow rate over time. Clinicians spend a considerable amount of their valued time managing IV infusion, regulating infusion rate, administering fluid boluses, monitoring infusion rate and making sure that the medications injected through the ports in the IV sets are reliably “flushed” into the patient’s circulation.
  4. Health care budget constraints are a reality in almost every country in the world. Disposable gravitational infusion products form one of the largest single components in the health care budget. Cost effectiveness in this regard is thus a major priority.
  5. The pressure on efficiency is increasing. In public and private health care markets worldwide, patients’ expectations are rising. A growing number of well-informed and demanding customers (patients) regard the right to be treated and the principle of choice as fundamental rights. They expect to be involved in their treatment and will challenge professionals in this regard. In addition, well-informed external stakeholders (tax payers, voters and private service providers) also expect value for money and will challenge the system when necessary.
  6. With more devices available on the market, complex management and maintenance procedures have become a major problem. The industry is facing enormous challenges in terms of training of staff, especially in developing countries and areas with limited access to dedicated training and maintenance personnel (hospitals in rural and remote areas, step-down and home care facilities, etc.). According to the Medical Device Agency in the UK, incidents resulting in harm to patients are rising worldwide, for the following reasons:
    • Inadequate servicing and maintenance;
    • Complexity;
    • User error, including inadequate training; and
    • Inappropriate management procedures.
  7. New models for the delivery of health care are constantly being developed. To curb cost escalation, there is a worldwide drive to have patients leave hospitals earlier and to administer treatment medication and fluid resuscitation at home, at a step-down facility, hospice or day clinic, rather than in hospital. This necessitates a simple, easy to use administration set.
  8. There is a worldwide need for an inexpensive, simple to use, effective infusion system. The IV™flow and IV™ product range can contribute in solving these problems.