IV infusion pumps are used for a number of reasons in medical setting. Dehydration for one is an incredibly common cause for an IV infusion pump to be used. Dehydration is a dangerous thing, and can result in loss of life if not treated promptly and thoroughly. It is likely to occur in very sick people, and in those who have spent prolonged periods in the heat without adequate access to water. These patients are often seen in a hospital emergency room, where hospital equipment like the IV pump is well within reach and easy to access. But IV infusion pumps like syringe infusion pumps have more uses than that. Syringe infusion pumps can also be used to dispense a variety of medications and pain relievers. Syringe infusion pumps may be used to provide pain relief to a patient with a severe injury, but syringe infusion pumps may also be used to administer antibiotics to someone with a severe and progressing infection. But no matter what the purpose, the syringe infusion pump, along with standard IV pumps, are frequently used and even relied upon in the medical world.
They have a long history of successful use as well, with syringe infusion pumps and some IV pump brands used as far back as the 1960s, now more than fifty years from our current date. And the market for syringe infusion pumps is only expected to grow in the next few coming years. By the time that we reach the year of 2024, in fact, less than ten years from now, the market for IV pumps and syringe infusion pumps and the like is expected to reach and exceed five thousand and sixteen million dollars in total. The smart syringe infusion pump in particular is taking off, with more than seventy two percent of all hospitals now utilizing smart infusion pumps instead of manual infusion pumps (the two ways to deliver IV fluids to a patient). This is a remarkable increase from the year of 2007, when less than forty five percent of all hospitals in the United States (forty four percent, to be more exact) were using these smart electric infusion pumps.
But the cost of these infusion systems is not cheap, even for large hospitals in the United States. In part, this is why hospital bills for even small visits are often astronomical, on average around and over four thousand and two hundred dollars spent in the medical care of a hospital facility. Hospitals may choose to rent their syringe infusion pumps to help to try to offset this insane cost that patients are all too often saddled with. Medical equipment rentals are becoming more and more common for hospitals all throughout the United States, particularly for medical supplies like syringe infusion pumps, which are used universally in almost every single patient that the hospital will see. In fact, the average hospital is likely to have as many as thirty five thousand SKUs of such equipment at any given time, and many of these hospitals will choose to rent a good portion of the equipment to save the cost of buying it. With more than eighty five percent of all admitted patients requiring an infusion pump, this has become more than necessary for the majority of bustling hospitals in the United States alone.
From manual pumps to electric one, syringe infusion pumps are a typical part of any average hospital stay for the vast majority of patients. And more and more hospitals are slowly (or even quickly) updating their technology to reflect the growing need for electronic pumps instead of manual ones. To offset these costs, many hospitals will make the decision to rent a good deal of their equipment as a cost saving measure.