Industry Background:
Rapid infuser device is capable to deliver the fluid from slow to rapid continuous flow. This type of device is generally used in emergency situations for safe and effective treatment when patients are admitted with hypovolemic shock or excessive blood loss. There are two types of rapid infuser devices one is driven by a compressor and the other is connected to hospital wall pressurized outlets. The rapid infuser is used in various medical procedures such as Anesthesia and intensive care unit, Emergency unit, Obstetrics and gynecology, and Urology division. North America, Europe, & APAC Rapid Infuser & its accessories market was valued at USD 360.34 Million in 2019 and is expected to reach USD 472.17 Million by 2025. The rapid infuser is the device most prominently used in emergency situations. Equipment to diagnose, monitor, and treat COVID-19 patients such as anesthesia devices, mobile X-ray and ultrasound equipment, rapid infusers, and infusion pumps face select localized shortages. The rise in the incidences of life-threatening diseases like COVID-19 across the globe is undoubtedly a significant factor in the growth of the market. The growing scale of hospitals and clinics with the spread of COVID-19 is positively impacting the market growth.
According to AMA Research, the market for Rapid Infuser is expected to register a CAGR of 4.61% during the forecast period to 2028. This growth is primarily driven by Rise In Incidence Of Chronic Pulmonary Diseases
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Dominating Type | Trolley Mounted Devices |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Medical Devices sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as ZOLL Medical Corporation (United States), 410 Medical (United States), Belmont Medical Technologies (United States), 3M (United States), Smiths Group plc (United Kingdom), Teleflex Incorporated (United States), BD (United States), Smisson-Cartledge Biomedical (United States), Stryker (United States) and Terumo Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 26 October 2020, 410 Medical, a medical device company developing innovative products for the resuscitation of critically ill patients, and the Emergency Medicine Foundation (EMF), a non-profit organization has announced their partnership to support research evaluating the effectiveness of LifeFlow, a simple hand-held tool for rapid delivery of fluids, in improving patient outcomes. The LifeFlow Resuscitation Research Grant will fund prospective clinical research up to USD 250,000 over 18 months.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Significant Demand For Blood, Plasma, & Crystalloid Fluids, Furthers Massive Transfusion Application and Surge In Ambulatory Healthcare Facilities
Market Growth Drivers:
Rise In Incidence Of Chronic Pulmonary Diseases and Growing Use Of Hypothermia In Cases Of Blood Loss Or Trauma During Surgery
Restraints:
The Concern Related to The High Cost and Slow Adoption Rate by Hospitals
Opportunities:
The Improving Scenario For Availing Better Health Care Facilities In Countries Such As India And China
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Rapid Infuser Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Rapid Infuser Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Rapid Infuser players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Rapid Infuser Study Sheds Light on
The Rapid Infuser Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Rapid Infuser industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Rapid Infuser industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.