The healthcare landscape is undergoing a transformation, with Rapid Infuser Market at the forefront. These innovative solutions are revolutionizing patient care by delivering fluids and medications efficiently. A recent analysis by Future Market Insights (FMI) forecasts a promising Compound Annual Growth Rate (CAGR) of 4.5% for the global rapid infuser market from 2023 to 2033. This growth trajectory is expected to propel the market from a valuation of USD 1.0 billion in 2023 to a substantial USD 1.6 billion by 2033.
Rapid infuser devices are critical in emergency and intensive procedures like anesthesia, labor and delivery, intensive care, trauma, and emergency surgery. Fluid infusion devices are a vital part of essential patient care required for such operations. The rising cost of such urgent surgical treatments will be a major driver fueling the rapid expansion of the infuser market.
Future Market Insights report provides comprehensive details on key business strategies playing critical roles in the rapid infusers market. Market leaders are emphasizing expanding their portfolios through product research and development efforts. Strategic acquisitions are also gaining traction in the industry.
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Rapid Infuser Market Key Takeaways
- Market revenues will surpass USD 817 million, with anaesthesia and emergency healthcare applications being the primary driving factors
- Hospitals will remain the leading end users, while ASCs are also likely to reflect steady growth on the back of growing adoption in outpatient medical procedures.
- Trolley mounted offerings continue to witness market preference, owing to portability and ease of use in hospital settings, accounting for ~70% of market share.
- North America followed by Europe, are leading regional markets for rapid infusers, supported by the massive investments into the healthcare sector, and easier access to new hospital and emergency care technologies.
“The global market for rapid infusers is driven by growing number of surgical procedures and high risk of hypothermia and hypovolemia. This product is also widely considered an important intervention in life-threatening ailments such as sepsis. These issues are major influencers in terms of market development through the forecast period,” said a lead analyst from FMI.
Rapid Infuser Market – Who is Winning?
Smith’s Medical, GE Healthcare, BD, 3M Company, Stryker Corporation, ZOLL Medical Corporation, Belmont Instrument, Smisson-Cartledge Biomedical, Kewell Medical Technology Co. Ltd, Teleflex Incorporated, Biegler GmbHALC “TahatAksi”
impact the Global Rapid Infuser Industry. Demand largely remains stable as rapid infusers are standard equipment in most healthcare facilities for critical care applications. The demand for reusable rapid infusers is likely to fall in favor of single-use alternatives, owing to concerns over viral transmission.
Potential disruptions of raw material and component supplies due to lockdown and trade restrictions are concerns. However, the essential natures of the products, makes the industry largely exempt from government restrictions. Demand is unlikely to change substantially even in the post-pandemic period as applications in urology, gynecology, and ICUs continue unabated.
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Key Segments Covered in Rapid Infuser Market Research
By Product:
- Trolley Mounted Devices
- Hand-Held Devices
- Accessories
By Usability:
- Single-Use Devices
- Reusable Devices
By End-User:
- Hospitals
- Ambulatory Surgical Centers
- Speciality Clinics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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