Intraosseous Infusion Devices – Market Trends, Drivers, and Forecast from Technavio

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According to the latest market research study by Technavio, the global intraosseous infusion devices market is expected to grow at a CAGR of close to 5% during the forecast period 2017 to 2021.

This report by Technavio provides an in-depth analysis of the global intraosseous infusion devices market regarding revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the end-user

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The top three revenue contributing end-user segments are discussed below:

Pre-hospital emergency care: Ambulances or mobile medical services mostly constitute pre-hospital emergency care, and they are referred to as emergency medical services (EMS). EMS representatives are trained and experienced in all emergency care medical services during a critical medical situation.

“In medical emergencies, the patient needs a quick intravenous infusion. When the time is insufficient for intravenous catheter infusion, the patient may suffer cardiac arrest or trauma, which can be fatal. Intraosseous infusion is highly recommended in emergency cases and is proven to have success rates in such emergency situations,” says Sapna Jha, a lead analyst at Technavio for research on orthopedics and medical devices.

Hospitals: Hospitals such as multi-specialty hospitals and hospital groups work under government sponsorship or as private entities. They obtain medical products and consumables on bulk and engage closely with suppliers, reimbursement authorities, and government organizations. They also have the state-of-the-art medical infrastructure to cater to the needs of the people. Intraosseous infusion devices are largely used in these hospitals to administer medication and nutrition to patients intravenously.

Military care: The military care segment consists of two major components, which include the purchase of an initial supply of intraosseous devices for each medic and personnel involved in the medical emergency treatment and the replacement of initial inventories used to treat injuries. Civilian healthcare systems also use it. Governments have taken various awareness programs and initiatives to provide healthcare services to the military.

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The top vendors operating in the global intraosseous infusion devices market are:

  • BD
  • Cook Medical
  • Pyng Medical
  • PerSys Medical
  • Teleflex

The other prominent vendors in the market include PAVmed and Biopsybell.

A more detailed analysis is available in the Technavio market research report titled, ‘Global Intraosseous Infusion Devices Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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