According to a new report, published by KBV research, The Global Intraosseous Infusion Devices Market size is expected to reach $1.4 billion by 2031, rising at a market growth of 5.9% CAGR during the forecast period.
Intraosseous infusion, a method of delivering fluids and medications directly into the bone marrow space, has emerged as a critical technique for obtaining vascular access in emergency medical situations where traditional intravenous access may be challenging or impossible. In recent years, the intraosseous infusion devices market has witnessed significant growth, driven by advancements in medical technology, the increasing prevalence of emergencies requiring rapid vascular access, and the expanding scope of healthcare services.
The Manual IO Needles segment led the Global Intraosseous Infusion Devices Market by Devices Type in 2023; thereby, achieving a market value of $719.5 Million by 2031. In emergencies such as cardiac arrest, trauma, or shock, rapid vascular access is critical for administering life-saving fluids, medications, and blood products to stabilize patients and improve outcomes. Manual IO needles provide an efficient and practical means of establishing vascular access when traditional intravenous access is difficult or impossible, enabling healthcare providers to initiate essential therapies promptly in time-sensitive scenarios.
The Hospitals & Clinics segment is growing at a CAGR of 5.4 % during the forecast period. As healthcare systems strive to meet the growing demand for medical services, particularly in densely populated urban areas and underserved regions, investments in healthcare infrastructure development create opportunities to deploy intraosseous infusion devices to support emergency medical care and critical care services.
Full Report: https://www.kbvresearch.com/intraosseous-infusion-devices-market/
The North America region dominated the Global Intraosseous Infusion Devices Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $555.1 Million by 2031. The Europe region is anticipated to grow at a CAGR of 5.5% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.7% during (2024 - 2031).
By Devices Type
By End User
By Geography