What is Rapid Infuser Market Scope?
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.
The Rapid Infuser market study is being classified by Type (Trolley Mounted Devices and Handheld Devices), by Application (Hospitals, Ambulatory surgery centers (ASCs) and Specialty Clinics) and major geographies with country level break-up. According to AMA, the Global Rapid Infuser market is expected to see growth rate of 4.61%
The Players having a strong hold in the market are Smith’s Group plc 3M Becton, Dickinson and Company Stryker Corporation Terumo Corporation. Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Rapid Infuser market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are VYAIRE (United States).
Analyst at AMA have segmented the market study of Global Rapid Infuser market by Type, Application and Region. On the basis of Type, Trolley Mounted Devices are dominating the market in the year 2019 where as Handheld Devices stood as second largest market share.
On the basis of application, Hospitals segment is dominating the market in the year 2019
On the basis of geography, the market of Rapid Infuser has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
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.
On 27 August 2019, ZOLL Medical Corporation, a leading manufacturer of medical devices and related software solutions has acquired Cardiac Science® Corporation, a leading provider of automated external defibrillators (AEDs), related services, and accessories. This acquisition will help ZOLL's to fulfill its vision of providing integrated, innovative acute and resuscitation care for all.
Influencing Market Trend
- Significant Demand For Blood, Plasma, & Crystalloid Fluids, Furthers Massive Transfusion Application
- Surge In Ambulatory Healthcare Facilities
- Rise In Incidence Of Chronic Pulmonary Diseases
- Growing Use Of Hypothermia In Cases Of Blood Loss Or Trauma During Surgery
- The Improving Scenario For Availing Better Health Care Facilities In Countries Such As India And China
- The Concern Related to The High Cost and Slow Adoption Rate by Hospitals
Key Target AudienceManufacturers, Suppliers, Distributors, Regulatory Bodies and Governmental Bodies
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