Press release
Global Intraosseous Infusion Kits Market Size & Share Analysis - By Product Type, By Application, By Region - Forecasts (2024 - 2031)
Market Overview and Report CoverageIntraosseous infusion kits are used to access the bone marrow directly in order to administer fluids and medications in emergency situations where obtaining intravenous access is difficult. These kits are crucial in providing rapid and effective delivery of treatment in critical medical situations.
The future outlook of the intraosseous infusion kits market looks promising, with a projected growth at a CAGR of 3.10% during the forecasted period. The increasing prevalence of emergency medical situations and the rising awareness about the benefits of intraosseous infusion are driving the market growth. Additionally, advancements in technology and product innovation are leading to the development of more efficient and user-friendly intraosseous infusion kits, further boosting market expansion.
Moreover, the growing adoption of intraosseous infusion kits by emergency medical services, military organizations, and healthcare facilities is expected to drive market growth. With the increasing emphasis on improving emergency medical response and patient outcomes, the demand for intraosseous infusion kits is expected to continue to rise in the coming years.
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Market Segmentation 2024 to 2031
The Intraosseous Infusion Kits Market Analysis by types is segmented into:
• Manual Intraosseous Infusion Kits
• Electric Intraosseous Infusion Kits
Manual intraosseous infusion kits involve the use of manual drills or needles to access the bone marrow for infusion. These kits are generally more cost-effective and require less maintenance. On the other hand, electric intraosseous infusion kits use electric-powered devices to access the bone marrow, making the process quicker and more efficient. These kits are often preferred in emergency situations where quick access to the bone marrow is crucial. Both types of kits serve the same purpose of delivering fluids and medications rapidly in critical situations.
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The Intraosseous Infusion Kits Market Industry Research by Application is segmented into:
• Hospital
• Clinic
• Others
Intraosseous infusion kits are commonly used in hospitals, clinics, and other healthcare settings for rapid and effective delivery of fluids and medications during emergency situations. In hospitals, these kits are vital in providing quick access to the circulatory system when traditional methods are difficult or impossible. Clinics also utilize intraosseous infusion kits for urgent care and trauma situations. Other healthcare settings, such as ambulances and military field hospitals, also rely on these kits for efficient intravenous access in critical scenarios.
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In terms of Region, the Intraosseous Infusion Kits Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
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What are the Emerging Trends in the Global Intraosseous Infusion Kits market?
- Advanced technologies: Intraosseous infusion kits are incorporating innovative technologies such as automatic needle insertion and pressure monitoring for more efficient and precise delivery of fluids and medications.
- Proliferation of portable kits: With the growing demand for mobile medical care, portable intraosseous infusion kits are gaining popularity, allowing for rapid access to the circulatory system in emergency situations.
- Increased focus on user-friendly designs: Manufacturers are developing kits with user-friendly features such as color-coded components and intuitive instructions to simplify the administration process.
- Rising demand for pediatric kits: As intraosseous infusion becomes more common in pediatric emergencies, there is a growing demand for specialized kits designed for children.
- Industry disruptions: The market is witnessing the entry of new players offering innovative solutions, leading to increased competition and disruptive trends in product development and pricing.
Intraosseous Infusion Kits Market Competitive Analysis
Teleflex is a leading player in the intraosseous infusion kits market with a strong global presence. The company has a rich history dating back to 1943 and has grown significantly over the years through strategic acquisitions and product innovations. Teleflex's intraosseous devices are highly regarded for their quality, efficiency, and ease of use, making them a popular choice among healthcare professionals.
In terms of market growth, Teleflex has witnessed steady expansion in recent years, driven by increasing awareness about the benefits of intraosseous infusion for rapid vascular access in emergency and critical care situations. The company's focus on research and development has enabled it to introduce advanced technologies and new product offerings to meet the evolving needs of the healthcare industry.
Teleflex reported sales revenue of over $2.6 billion in 2020, showcasing its strong financial performance and market presence. The company's robust distribution network and partnerships with leading healthcare organizations have further contributed to its success in the intraosseous infusion kits market.
Similarly, BD, another key player in the intraosseous infusion kits market, has a long-standing reputation for delivering high-quality medical devices and solutions. With a diverse product portfolio and a global customer base, BD has established itself as a reliable provider of intraosseous infusion products.
BD's sales revenue exceeded $17 billion in 2020, underscoring its significant market share and financial strength in the healthcare industry. The company's focus on innovation, customer service, and market expansion has positioned it as a leading player in the intraosseous infusion kits market, with strong prospects for future growth and success.
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Intraosseous Devices Market Developments Status and Forecast 2031
Intraosseous Devices Market Outlook 2031
The global intraosseous devices market was valued at US$ 448.7 Mn in 2021
The global market is projected to grow at a CAGR of 5.6% from 2022 to 2031
The global intraosseous devices market is anticipated to reach more than US$ 778.9 Mn by the end of 2031
Intraosseous Devices Market Introduction
Medical professionals and trained staff are required to use intraosseous devices as a reliable backup when intravenous access is not possible. Intravenous access in children is challenging and slow. Hence, intraosseous route…
Intraosseous Devices Market Growth, Trends, and Report 2026
Intraosseous Devices Market:Overview
The rise in the number of emergency cases such as heart attack and trauma-related attacks is estimated to be a significant factor for the growth of the intraosseous devices market during the forecast period of 2018-2026. Intraosseous devices assure of safe, better, and a convenient way of administering fluids and medications to the patients via the bone marrow. Based on end-user, the intraosseous devices market can be classified…
Intraosseous Infusion Device Market Challenges and New Trends
According to a new report published by Allied Market Research, titled, “Intraosseous Infusion Device Market by Product Type (FAST1 device, Dieckmann Modified Needle, BIG device, EZ-IO device, Jamshidi Needle, FASTx device, and NIO), by Technology (Battery Powered Driver, Manual IO Needles, and Impact Driven Devices), by Route of Administration (Distal Femur, Sternum, Distal & Proximal Tibia, Calcaneus, and Head of Humerus), by End User (Hospitals, Emergency Medical Services, Ambulatory Surgical…
Intraosseous Devices Market Intelligence Report Offers Growth Prospects
Establishment of vascular access is required in case of medical emergency and life-threatening traumatic injuries for the delivery of medications and for fluid replacement, including crystalloids, blood, and blood products. The potential use of this technique called as, intraosseous infusion was established in 1920’s as a rapid, safe and effective method of vascular access through the bone marrow when intravenous attempt fails to establish vascular access. Historically intraosseous infusion (IO)…
Intraosseous Infusion Devices Market Opportunity Analysis, 2018-2026
Intraosseous infusion is a procedure of injecting medicine or solutions into the human bone marrow to provide a continuous entry point in the systemic circulation. The technique is used when intravenous access is not available or when they are not possible and this is also a technique for vascular entry and are broadly applied for drug administration in adults and in children. The intraosseous devices are used majorly in trauma…
Intraosseous Infusion Devices Market
Intraosseous infusion is a procedure of injecting medicine or solutions into the human bone marrow to provide a continuous entry point in the systemic circulation. The technique is used when intravenous access is not available or when they are not possible and this is also a technique for vascular entry and are broadly applied for drug administration in adults and in children. The intraosseous devices are used majorly in trauma…