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secretofresearch · 2 months
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Intraosseous Infusion Devices Market driven by Increased Need for Emergency Care
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Intraosseous infusion devices provide quick access to vascular circulation by infusing fluid and medications directly into the bone marrow. These devices allow health professionals to quickly administer fluids and drugs to patients experiencing circulatory failure or in emergency situations where intravenous access is not accessible. The devices predominantly find use in emergency medical conditions, pediatric care, and pre-hospital & tactical emergency care settings.
The global intraosseous infusion devices market is estimated to be valued at US$ 1111.7 million in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the intraosseous infusion devices market are PerSys Medical, Aero Healthcare AU Pty Ltd, Teleflex Incorporated, PAVmed Inc., BIOPSYBELL S.R.L., Becton Dickinson Company, Cook Group, SAM Medical, Argon Medical Devices, Inc., Cardinal Health, Inc. The major players are focusing on new product launches and acquisitions to strengthen their market position.
The growing demand for emergency medical care, especially in pediatrics and pre-hospital care, is fueling the adoption of intraosseous infusion devices. Manufacturers are developing innovative devices to expand the applications and achieve faster vascular access during emergency care.
Geographic expansion into emerging markets and awareness initiatives by market players are helping increase access to intraosseous infusion technology globally. The demand is particularly high in Asia Pacific and Latin America with rising healthcare standards.
Market drivers
The increasing incidence of trauma injuries, cardiovascular emergencies, and difficulty in finding veins especially among pediatric patients and casualties of mass casualty events is a major factor driving the Intraosseous Infusion Devices Market Size. As intraosseous access provides faster vascular entry compared to traditional intravenous route, its adoption has grown rapidly among EMS agencies. Manufacturers are continuously developing easy-to-use and portable devices to make them more useful for tactical and pre-hospital emergency settings.
The current geopolitical instability across various regions is impacting the growth of the intraosseous infusion devices market. The ongoing political conflicts and economic uncertainties in some parts of Asia Pacific and Europe are hindering the procurement of advanced medical equipment by healthcare facilities in these regions. This is negatively impacting the sales figures of intraosseous infusion device manufacturers. However, the rising investments by various governments and private organizations to strengthen their emergency medical infrastructure is providing new opportunities.
North America currently holds the largest share of the overall intraosseous infusion devices market in terms of value. This is attributed to factors such as the presence of advanced healthcare systems, rising prevalence of chronic diseases, growing geriatric population susceptible to injuries and trauma cases, and increasing adoption of innovative medical technologies. Europe is also a leading regional market supported by government initiatives for improving pre-hospital and emergency care across the region. Asia Pacific is projected to witness the fastest growth during the forecast period owing to the expanding healthcare industry, rapid economic development, and growing investments to enhance emergency medical services. Improving access to advanced healthcare facilities and rising disposable incomes are supporting the market penetration in Asia Pacific.
The Asia Pacific region provides major growth opportunities for intraosseous infusion device manufacturers. Countries such as China, India, Japan and South Korea are witnessing fast economic development which is prompting investments to modernize their emergency medical infrastructure. This is creating a surge in demand for Intraosseous devices to enable quick administration of lifesaving fluids and medications in trauma cases. The rising middle class population with better access to healthcare further drives the market. Additionally, growing geriatric population susceptible to injuries and medical conditions necessitating emergency treatments contributes to market revenues.
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sayalibhokare · 3 years
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Things you may not know about Intraosseous Infusion
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The idea of administering drugs and fluids through the medullary (marrow) chamber of a bone dates back to the 1920s when adults with pernicious anaemia were transfused through their sternum. The medullary cavity in long bones is made up of a network of venous sinusoids. These sinusoids drain into massive medullary venous channels, which lead to nutrition or emissary venous systems. The nutrition foramina allow these arteries to escape the bone and empty directly into the systemic venous circulation. Intraosseous cannulation fell out of favour as intravascular technology and surgical procedures advanced, and by the 1950s, alternate access routes had largely replaced it.
Although a publication suggests that intraosseous infusion in critically sick patients does not need to be done in a bone with a medullary cavity, this is not a generally recognised practice. When IV access is unavailable, the intraosseous infusion is a viable alternative in emergency medicine. The practice of injecting straight into the marrow of the bone is known as an intraosseous infusion.
read more @ https://sailee097.blogspot.com/2021/08/things-you-should-know-about.html
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