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HEALTHCARE | Medical Devices & Equipment / Prosthetics
axiomed.com

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Founded Year

2001

Stage

Angel | Alive

Total Raised

$56.25M

Last Raised

$100K | 4 yrs ago

About AxioMed

AxioMed aims to advance the standard of care for patients with degenerative spine conditions by progressing spine technology beyond fusion and first-generation artificial discs.

AxioMed Headquarter Location

350 Main Street

Malden, Massachusetts, 02148,

United States

978-232-3990

Latest AxioMed News

11:30 ET Infusion Pumps Market is Expected to Grow at a CAGR of 9.53% and is Anticipated to Reach USD 20.75 Billion by 2026, Est...

Nov 29, 2021

The Infusion Pump market is increasing due to rising prevalence of various chronic disorders such as diabetes, cancer, chronic pain, and various other disorders, the rising geriatric population and, integration of advanced technology are some of the key factors, which are expected to increase the overall demand of Infusion Pump, thus driving the growth of Infusion Pump market. News provided by Share this article Share this article LAS VEGAS, Nov. 29, 2021 /PRNewswire/ -- DelveInsight's Infusion Pump Market Insights and Forecast  report provide the current and forecast Infusion Pumps market, upcoming innovation in the devices, individual market shares, challenges, drivers and barriers, market trends, and key competitors in the Infusion Pumps market. Some of the salient features from the Infusion Pump Market  report:  As per an analysis by DelveInsight, North America is expected to dominate the overall Infusion Pumps market during the forecast period. Major pharma players working proactively in the Infusion Pumps market include Baxter International, B. Braun Melsungen AG, Medtronic, Micrel Medical Devices SA, Boston Scientific Corporation, CareFusion Corporation, Fresenius Kabi, Smiths Medical, and others. DelveInsight estimates that Global Infusion Pumps Market was valued at USD 12.67 billion in 2020, growing at a CAGR of 9.53% during the forecast period from 2021 to 2026, to reach USD 20.75 billion. On August 11, 2021, Insulet Corporation, the global leader in tubeless insulin pump technology with its Omnipod® brand of products, introduced the Omnipod DASH® Insulin Management System (Omnipod DASH) to healthcare providers in Australia. In February 2021, B. Braun Medical Inc.'s Infusomat Space Large Volume Pump was awarded as 2021 best in KLAS. These awards are given on the basis of side-by-side performance comparisons and feedback from healthcare providers throughout the United States. Interested in knowing how the Infusion Pumps Market will be growing by 2026? Click to get a snapshot of  Infusion Pumps Market Analysis An Infusion Pump is a medical device that distributes fluids, such as nutrients and medications, into a patient's body in controlled amounts. They have extensive use in clinical settings such as hospitals, nursing homes, and in the home. These can also be implanted beneath the skin during surgery, which sends liquid pain medicine through a thin, flexible tube known as a catheter to a specific part of the body and offers targeted and consistent medicine to reduce pain. A trained user can operate an Infusion Pump as he can program the rate and duration of fluid delivery through a built-in software interface. These devices provide benefits over manual administration of fluids, comprising the ability to deliver fluids in very small volumes, and the ability to deliver fluids at precisely programmed rates or automated intervals. An infusion pump can deliver nutrients or medications, such as insulin or other hormones, antibiotics, chemotherapy drugs, and pain relievers. These pumps are used in a variety of medical applications such as in the management of chronic pain, diabetes, oncology, among others. To pick on the latest highlights related to Infusion Pump, get the snapshot of the key highlights entailed in the Infusion Pump Market  report. Geographically, the global Infusion Pump market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share North America currently leads the global market and is expected that it will remain constant during the forecast period. This domination in North America is observed majorly due to the growing cases of chronic disorders, rising healthcare expenditure due to a strong economy, and the presence of well-established healthcare infrastructure. In September 2020, Medtronic plc received approval from the US Food and Drug Administration (FDA) for its MiniMed 770G hybrid system. Owing to the launch of such devices, there will be a rapid growth observed in the Implantable Infusion Pumps market during the forecast period. To know more about why North America is leading the market growth in the Infusion Pumps market, get a snapshot of the report  Infusion Pumps Market Assessment The rising healthcare costs, improving healthcare infrastructure population and growing healthcare expenditure are projected to augment the Infusion Pump market. Also, the presence of medical device companies operating in the Insulin pumps, such as Tandem and Insulet, the rising prevalence of chronic pain and continuous drug delivery requirement for better management is expected to fuel the market for Infusion Pump. The COVID-19 pandemic has also led to an increase in the demand for intravenous Infusion Pumps and related systems as the majority of the hospitalized patients, especially those in ICUs, are medicated via intravenous Infusion Pumps due to their ability to deliver precise doses automatically at set times. To get a deeper understanding of the driving factors related to the Infusion Pumps market, get a snapshot of the  Infusion Pumps Market Dynamics Study Period: 2018-2026 Key Companies: Baxter International, B. Braun Melsungen AG, Medtronic, Micrel Medical Devices SA, Boston Scientific Corporation, CareFusion Corporation, Fresenius Kabi, Smiths Medical, and others. Infusion Pumps Market Segmentation Understand the Competition, Risk Assessment and effective Research and Development  approach to take value-based decisions. Related Reports Global Spinal Non-Fusion Devices Market was valued at USD 1.10 billion in 2020, growing at a CAGR of 5.51% during the forecast period from 2021 to 2026 to reach USD 1.51 billion by 2026. The demand for Spinal Non-Fusion devices is primarily being boosted by the rising prevalence of spinal disorders, the growing geriatric population base, advantages of Spinal Non-Fusion procedures over fusion procedures, and technical innovation in product development and key companies involved such as Stryke, NuVasive Inc, Medtronic, Zimmer Biomet, ATEC Spine, B. Braun Melsungen, SIGNUS Medizintechnik GmbH, Aditus Medical, RTI Surgical, Orthofix Medical Inc, Premia Spine, Globus Medical, SpineSave AG, Centinel Spine®, LLC. AxioMed LLC, Spinal Stabilization Technologies Ltd, SpineVision, and others. "DelveInsight's 'Spinal Fusion Devices - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Spinal Fusion Devices and the historical and forecasted Spinal Fusion Devices market trends, market drivers and barriers, and key companies involved such as DePuy Synthes (Johnson & Johnson Services, Inc.), Aesculap, Inc. (B. Braun Melsungen AG), Stryker, Alphatec Spine, Inc, RTI Surgical Holdings, Zimmer Biomet, Medtronic, NuVasive, and several others. The demand for an Implantable Infusion Pump is primarily associated with the growing prevalence of various disorders such as diabetes, cancer, chronic pain, and various other disorders among the population coupled with the growing burden of the old age population. DelveInsight's 'Implantable Infusion Pump - Market Insight, Competitive Landscape and Market Forecast, 2026' provides details about historical and forecasted Implantable Infusion Pump market trends, market drivers and barriers, and key companies involved such as Medtronic, Intera Oncology, FLOWONIX MEDICAL INC, Tandem Diabetes Care, Inc., and many others. "DelveInsight's 'Pleural Effusion Treatment Devices - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Pleural Effusion Treatment Devices and the historical and forecasted Pleural Effusion Treatment Devices market trends, market drivers and barriers, and key companies involved such as Rocket Medical plc, Cardinal Health, TruCorp, Armstrong medical, Cook, Teleflex, Smiths Medical, B. Braun Melsungen AG, Pixelenergy, HEYER Medical AG, Biometrix, Redax, OAKWORKS Medical, and many others. "DelveInsight's 'Drug Infusion System - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Drug Infusion System and the historical and forecasted Drug Infusion System market trends, market drivers and barriers, and key companies involved such as Medtronic, B. Braun Melsungen AG, Baxter, Arcomed AG, Halyard Health, INC, ICU Medical Inc, Insulet Corporation, Terumo Corporation, Smiths Group Plc, Tandem Diabetes Care, and many others. Browse Through Our Blog Posts Which Companies are Vying to get a Major Chunk in the Elastomeric Pump Market ?

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Expert Collections containing AxioMed

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AxioMed is included in 1 Expert Collection, including Medical Devices.

M

Medical Devices

7,889 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

AxioMed Patents

AxioMed has filed 10 patents.

The 3 most popular patent topics include:

  • Bones of the vertebral column
  • Neurosurgery
  • Spinal nerves
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/21/2018

5/4/2021

Bones of the vertebral column, Orthopedic surgical procedures, Neurosurgery, Skeletal system, Surgical removal procedures

Grant

Application Date

5/21/2018

Grant Date

5/4/2021

Title

Related Topics

Bones of the vertebral column, Orthopedic surgical procedures, Neurosurgery, Skeletal system, Surgical removal procedures

Status

Grant

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