Intraosseous Infusion Devices Market expected to be worth US$ 5,468.5 million by 2026

Intraosseous infusion devices are life-saving medical devices that are implanted into the patient's jaw. When there is no access to veins for the required infusion, these products are typically employed. Intraosseous vascular access is a quick and convenient way to receive immediate medical care in an emergency.
Between 2016 and 2026, the global intraosseous infusion devices market is expected to increase at a 2X rate, with a CAGR of 7.2 percent. By the end of 2026, the global intraosseous infusion devices market is expected to be worth US$ 5,468.5 million.

Intraosseous infusion is recommended during peripheral venous access failure for cardiopulmonary resuscitation, which is expected to favour the growth of the global intraosseous infusion devices market over the forecast period due to the growing need for immediate vascular access and the rising number of emergency cases.. The medical device industry's growing concerns for military medics and air medical emergency services are propelling the worldwide intraosseous infusion devices market forward. An increase in the number of traumatic procedures in hospital settings, as well as an increase in the incidence of cardiovascular illnesses, are predicted to boost market growth.
However, factors such as the high risk of compartment syndrome due to the gushing of fluids and drugs into soft tissues, limitations in the case of individuals with severe osteoporosis and hypovolemic conditions, and the impediment of IO infusion devices after the arrival of the vein viewer are expected to limit market growth over the forecast period.

Market segmentation

Product Type (B.I.G (Bone Injection Gun), FAST1, EZ-IO, FAST Responder, Intraosseous Needles, Others); Technology (Manual, Automatic); End User (Emergency Medical Services, Hospitals, Ambulatory Surgical Centers, Cardiac Care Centers); Route of Administration (Sternum, Distal & Proximal Tibia, Distal Femur, Calcaneus, Head of Humerus); and Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East & Africa).

The FAST Responder product type category is predicted to grow significantly in terms of volume. In 2015, the FAST Responder segment was valued at US$ 474.5 million, and by the end of 2016, it is expected to be worth US$ 506.3 million. Over the forecast period, the EZ-IO segment is likely to be the most appealing in terms of incremental opportunity.

The Automatic technology sector is expected to grow at a high rate in terms of value, with the Automatic segment accounting for 52.7 percent of the market by 2026. From 2016 to 2026, the Automatic segment is predicted to grow at a CAGR of 2.1X. Over the projected period, the Manual segment is expected to grow at a CAGR of 6.4 percent, generating an incremental potential of US$ 1,111.2 million between 2016 and 2026.

Over the projection period, the Head of Humerus route of administration segment is likely to grow at a high CAGR. In 2016, the Head of Humerus segment accounted for 22.0 percent market share, and by 2026 end, it is estimated to account for 23.2 percent market share. Over the projected period, the Sternum segment is expected to grow at a CAGR of 7.4%, with an incremental opportunity of US$ 810.0 Mn.

North America is predicted to remain the most dominating regional market. The North America market is expected to account for 25.9% of the market by the end of 2016, rising to 27.2 percent by 2026, with a CAGR of 7.8% in terms of revenue over the forecast period. In 2015, the APEJ market was worth US$ 566.0 million, and by the end of 2016, it is expected to be worth US$ 600.4 million..In terms of revenue growth, Western Europe is predicted to be the fastest expanding market in the worldwide intraosseous infusion devices market, with a CAGR of 7.6% over the forecast period.

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