by The intraosseous infusion devices market has experienced significant growth in recent years owing to high preference for easy-to-use and quick access devices for delivery of medications and fluids in emergency cases. Intraosseous infusion devices provide vascular access by placing a small needle or catheter into the bone marrow, usually in the tibia or femur.These devices offer faster and sometimes the only option to provide lifesaving medications or fluids to patients, especially children and adults in cardiac arrest or shock.
The Global intraosseous infusion devices market is estimated to be valued at US$ 1111.7 Mn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period from 2024 to 2031.
Key players operating in the intraosseous infusion devices market are PerSys Medical, Aero Healthcare AU Pty Ltd, Teleflex Incorporated, PAVmed Inc., BIOPSYBELL S.R.L., Becton Dickinson Company, Cook Group, SAM Medical, Argon Medical Devices, Inc., Cardinal Health, Inc. The growing preference for easy-to-use automated intraosseous infusion devices is a major factor bolstering market revenue growth. Automated devices provide hassle-free setup and infusion with one hand, reducing errors and saving time during emergency situations. Furthermore, rising cases of trauma injuries and cardiac arrests along with increasing demand for care in pre-hospital settings are propelling the need for quick vascular access devices such as intraosseous infusion systems.
The Intraosseous Infusion Devices Market Demand is witnessing steady expansion worldwide driven by growing for emergency care access devices. Market players are expanding their manufacturing and distribution networks across countries to strengthen global market presence. North America dominates the intraosseous infusion devices market owing to high adoption of technologically advanced emergency vascular access devices. However, Asia Pacific region is expected to exhibit fastest growth owing to increasing healthcare investments and rising focus on upgradation of emergency medical services in developing nations.
One of the key trends gaining traction in the intraosseous infusion devices market is growing preference and demand for automated single-use devices. Automated devices offer highest level of ease-of-use through single-handed operation and assist less experienced users in establishing vascular access within seconds during critical situations. This reduces human errors and saves time thereby improving clinical outcomes. Continuous technological advancements aimed at developing more reliable and user-friendly automated intraosseous infusion systems will further support the market growth over the forecast period.
Porter’s Analysis
Threat of new entrants: Low fixed costs to enter the market but brand loyalty and awareness give advantage to existing players.
Bargaining power of buyers: Low as customers have less influence over prices due to availability of limited substitutes.
Bargaining power of suppliers: Moderate as suppliers have control over specialized components but supply contracts balance the power.
Threat of new substitutes: Low currently but potential exists from new intraosseous device technologies.
Competitive rivalry: High between market leaders fighting for market share through product innovations, marketing, and geographic expansion.
Geographical Regions
North America holds the largest share of the intraosseous infusion devices market currently, valued at over US$ 500 Mn in 2024 primarily due to presence of major companies, higher adoption rates and health care spending. Asia Pacific is expected to grow at the fastest pace during forecast period aided by growing patient pool, improving access to healthcare facilities, and increasing medical tourism in countries like India and China.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Vaagisha Singh
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups. LinkedIn
