New York, NY -- (SBWire) -- 06/10/2019 --The latest study on the Intraosseous Devices market for the forecast period, 2019 to 2030 classifies the industry into various segments based on the product type, end-use and application. Besides, these segments are assessed in detail by incorporating industry estimates at both the regional as well as country level. This segment evaluation is beneficial in helping stakeholders, business owners and marketing personnel get an understanding of the growth areas and potential opportunities for the Intraosseous Devices industry. The market intelligence report further covers the competitive landscape of the industry across different regions.
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Market Industry Reports (MIR) has published a new report titled "Intraosseous Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global cranial implants market was estimated to be over US$ 365 Mn in 2018. It is anticipated to grow at a substantial CAGR from 2019 to 2030.
Rise in the Prevalence of Cardiovascular Diseases
Since 2005, the American Heart Association (AHA) guidelines for CPR and emergency cardiovascular care have recommended an IO device as a safe and effective alternative to I.V. administration of both medications and fluids. The fact that IO devices usually can be placed in less than 90 seconds and have up to a 95% success rate, according to manufacturer studies, makes them valuable critical care devices and are thus expected to fuel the growth of the intraosseous devices.
Key Players in the Global Intraosseous Devices Market
- Teleflex Incorporated
- PERSYS MEDICAL
- Biopsybell
- Cook
- BD
and among others.
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Extravasation of Medications & Fractures by Insertion
During the usage of Intraosseous devices there have been some contraindications that have been observed. Sometimes due to the force of intraosseous device there are fractures at the insertion site. There also is an extravasation of medications or drugs that are being administered, where the medication accidentally leaks into the surrounding tissues. Some other complications associated with the use of intraosseous devices are infections at the insertion site, restricted use by patients afflicted by hypovolemic conditions, severe osteoporosis, severe bone diseases or prosthetic joints.
North America A Major Market Share Holder
North America holds the major share of the global intraosseous devices market. The growth of the market in this region is bolstered by factors such as growing number of cardiac cases, trauma incidences, and various diseases needing instant vascular access. This growth is further fueled by adoption of advanced products, increase in number of medical professionals and trained staff, and the presence of prominent players in these regions. The intraosseous devices market in Asia Pacific is expected to expand at a significant growth rate during the forecast period.
Key Points of Table Of Content
- INTRODUCTION
- RESEARCH METHODOLOGY
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- UNIQUE SELLING PROPOSITIONS (USPs)
- MARKET, BY THERAPY
- MARKET, BY TYPE
- MARKET, BY END USER
- MARKET - ANALYSIS & FORECAST, BY REGION
- COMPETETIVE LANDSCAPE
- COMPANY PROFILES
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Intraosseous Devices Market : Forecast 2030 & Leading Players Like Teleflex Inc., Biopsybell, Cook
The market intelligence report covers the competitive landscape of the industry across different regions.