Rapid Infusion Market to Reach $1.109 Million by 2031: Coherent Market Insights, Inc

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The global rapid infusion market, estimated at $796.9 million in 2024, is on a rapid expansion trajectory, with forecasts showing it will grow to $1,109 million by 2031, according to a recent report by Coherent Market Insights. Companies covered: Belmont Medical Technologies, Stryker Corporation, ICU Medical, Inc., Fresenius Kabi, ZOLL Medical Corporation, 410 Medical, Ace-medical, Biegler GmbH, Terumo Corporation, Teleflex Incorporated, BD, Smisson-Cartledge Biomedical, 3M Shenzhen Keborui Electronics Co., Ltd

Burlingame, June 10, 2024 (GLOBE NEWSWIRE) — The global rapid infusion market size was valued at $10.92 million in 2024 and is expected to reach $23.85 million by 2031, growing at a CAGR of (CAGR) of 4.8% from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Rapid infusion devices help rapidly administer intravenous fluids and blood products in emergency situations to stabilize critically ill patients suffering from blood loss.

Market Dynamics:

The rapid infusions market is experiencing significant growth due to increasing number of traumatic injuries and increasing incidence of hemorrhagic shock. Rapid infusion devices assist in the rapid administration of large volumes of intravenous fluids during surgery or trauma care situations. These devices are useful in resuscitating patients suffering from hypovolemic shock. Moreover, increasing number of surgical procedures and road accidents are also supporting the rapid infusion market growth.

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Market Trends:

Growing adoption of portable rapid infusion devices: Manufacturers are focusing on developing portable and lightweight rapid infusion devices that can be easily carried and used during emergency situations. For example, in 2021, Freeman Technology launched portable and lightweight Languard RF1 and RF3 rapid infusion devices for the administration of large volumes of fluids during surgery and trauma.

Growing demand for pre-hospital care: Growing demand for high-quality pre-hospital care is also fueling the rapid infusion market growth. Rapid prehospital infusion helps stabilize patients with hemorrhagic shock before they reach the hospital. Pre-hospital care providers are increasingly adopting rapid infusion devices to effectively treat trauma patients in ambulances and emergency medical vehicles.

Rapid Infusion Market Report Coverage

Report coverage

The details

Market revenue in 2024

796.9 million dollars

Estimated value until 2031

1.109 million dollars

Growth rate

Poised to grow at a CAGR of 4.8%

Historical date

2019–2023

Forecast period

2024–2031

Forecast units

Value (million USD/billion)

Report coverage

Revenue forecast, competitive landscape, growth factors and trends

Segments covered

By Product Type, By Application, By End User

Geographies covered

North America, Europe, Asia Pacific and the rest of the world

Growth drivers

• Increased incidence of internal bleeding

• Increased adoption of patient blood management practices

Limitations & Challenges

• High prices of sophisticated dedicated equipment

• Lack of awareness of rapid infusions

Market Opportunities:

The trauma and emergency care segment accounts for the largest share of the rapid infusion market in 2024. Rapid infusions are widely used in trauma and emergency care settings to deliver intravenous fluids and blood products quickly in life-threatening situations such as loss heavy bleeding from injuries. The increasing incidence of trauma cases from accidents or injuries will drive the demand for rapid infusion equipment in emergency departments and trauma centers.

Hospitals formed the largest end-user segment in the rapid infusion market in 2024. Most major surgical procedures and emergency care are performed in hospitals. Increasing patient volume and investment in hospital infrastructure in developing countries are driving the demand for rapid infusion equipment in hospitals. In addition, hospitals offer reimbursement for procedures that use rapid infusion therapy, encouraging their adoption.

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Main market relationships:

The global rapid infusion market size was estimated at USD 796.9 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Rapid infusions are seeing increased adoption driven by demand from trauma and emergency care facilities.

By product type, the handheld device segment is expected to dominate the market by 2031 due to their portability and ease of use in emergency settings compared to carts.

By application, the trauma and emergency care segment is expected to hold the major market share owing to the high prevalence of trauma cases.

On the basis of end-user, the hospital segment will continue to be dominant till 2031 due to high patient volume and availability of advanced facilities in hospitals.

Regionally, North America is projected to dominate the global rapid infusion market during the forecast period owing to the presence of advanced healthcare facilities and favorable reimbursement policies.

Some of the key players operating in the rapid infusion market include Belmont Medical Technologies, Stryker Corporation, ICU Medical, Inc., Fresenius Kabi, ZOLL Medical Corporation, 410 Medical, Ace-medical, Biegler GmbH, Terumo Corporation, Teleflex Incorporated, BD , Mission-Cartledge Biomedical, 3M Healthcare and Shenzhen Keborui Electronics Co., Ltd. These companies have focused on new product launches and geographic expansion to strengthen their market position.

Recent developments:

In February 2024, Ballad Health and the Ballad Health Innovation Center partnered with 410 Medical, Inc., to use their LifeFlow device, a rapid fluid delivery mechanism that reduces the time needed to resuscitate a patient in need for blood and fluids.

In June 2023, ICU Medical., Inc. announced the availability of the H-1200 Level 1 Fat Flow Fluid Warmer, a blood and fluid warming device used to warm blood, blood products, and fluid solutions. other intravenous.

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Detailed segmentation –

By product type:

  • Hand tools

  • Cart mounted equipment

By application:

  • Trauma & Emergency

  • Anesthesia

  • Surgical Care

  • Work and delivery

  • Intensive care

  • Others

From the end user:

North America:

Latin America:

  • Brazil

  • Argentinian

  • Mexico

  • The rest of Latin America

Europe:

  • Germany

  • uk

  • Spain

  • France

  • Ital

  • Russia

  • The rest of Europe

Asia Pacific:

  • China

  • Indian

  • Japan

  • Australia

  • South Korea

  • ASEAN

  • Rest of Asia Pacific

Middle East:

  • GCC countries

  • Israel

  • The rest of the Middle East

Africa:

  • South Africa

  • North Africa

  • Central Africa

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Around us:

Coherent Market Insights is a global market intelligence and consulting organization that provides shared research reports, customized research reports and consulting services. We are known for our actionable insights and authentic reports in diverse fields, including aerospace and defence, agriculture, food and beverages, automotive, chemicals and materials, and almost every field and an exhaustive list of sub-fields under the sun. . We create value for clients through our highly reliable and accurate reports. We are also committed to playing a leading role in delivering knowledge across sectors post-COVID-19 and continue to deliver measurable and sustainable results to our clients.

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CONTACT: Mr. Shah Senior Client Partner – Business Development Coherent Market Insights Phone: US: +1-206-701-6702 UK: +44-020-8133-4027 Japan: +81-050-5539-1737 India: +91-848-285-0837 Email: sales@coherentmarketinsights.com Website: https://www.coherentmarketinsights.com

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