Global Demand For Intraosseous Devices Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

The report " Intraosseous Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025", has been prepared based on an in-depth market analysis with inputs from industry experts.

The objectives of this study are as follows:

To define, describe, and forecast the "Intraosseous Devices" market by type, application, component, delivery model, end user, and region

To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)

To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Intraosseous route of administration for delivering drugs has been traditionally used to gain vascular access in patients suffering from crtitical illness. Vascular access in patients suffering from life-threatening conditions or in case of medical emergencies has been essentially performed through intravenous access/route (IV), which has been the cornerstone in the drug delivery, particularly when high volume of medication is to be administered. However, certain medical conditions make it difficult to establish an efficient intravenous route, especially in conditions such as low blood pressure or in pediatric cases. This could result in serious conditions in patients suffering from chronic diseases. Hence, a safer and faster route of administration such as intraosseous route (IO) is required. This is performed by accessing the bone marrow directly with the help of various access devices, which enable health care providers to establish a quicker and more reliable vascular access in patients for delivery of drugs.

The global intraosseous devices market is driven by increase in incidence of trauma and accident cases across the world, presenting large population requiring quick and reliable vascular access for treatment of patients, rise in incidence of chronic diseases including cancer, and new and advanced products and devices with improved efficiency being introduced in the global market. New automatic intraosseous devices such as PerSys Medical’s Bone Injection Gun (BIG) and Teleflex Incorporated’s EZ-IO are the recently introduced devices in the intraosseous devices market. These are gaining increasing adoption and acceptance by health care providers which is expected to drive the global market from 2017 to 2025. However, lack of awareness among general population and health care providers in emerging countries about the new and advanced intraosseous devices along with persistent preference for IV route are expected to restrain the global intraosseous devices market during the forecast period.

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The global intraosseous devices market can be segmented based on device type, end-user, and region. In terms of device type, the global market can be categorized into manual intraosseous devices, semi-automatic intraosseous devices, and automatic intraosseous devices. The semi-automatic intraosseous devices segment is expected to dominate the global market in 2017 because of higher preference of health care providers for these devices due to lower health care associated costs and new and advanced product introductions by market players in this segment. However, the automatic intraosseous devices segment in expected to register comparatively higher CAGR during the forecast period, due to distinct advantages over semi-automatic devices. Based on end-user, the global intraosseous devices market can be classified into hospitals, ambulatory care centers, specialty clinics, urgent care centers, and others. The urgent care centers segment is expected to expand at a high CAGR owing to increase in traumatic surgeries being performed in these settings in emerging countries such as Brazil, China, and India. The hospitals segment is expected to dominate the global intraosseous devices market from 2017 to 2025. This is attributed to large patient population suffering from chronic diseases being treated in hospital settings in Asia Pacific, Latin America, and Middle East & Africa.

In terms of region, the global intraosseous devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2016 due to greater adoption and consumption of intraosseous devices, higher incidence of trauma and accident injuries in the U.S., and significant preference for intraosseous route in the region. Europe accounted for the second largest share, followed by Asia Pacific, of the global market in 2016.

Key players operating in the global intraosseous devices market are Teleflex Incorporated, PerSys Medical, Cook Medical, Becton, Dickinson and Company, and Medical Dynamics, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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