(MENAFN- GlobeNewsWire - Nasdaq) Newark, New Castle, USA, June 09, 2023 (GLOBE NEWSWIRE) -- The market analysis of the global rapid infuser market was conducted by Growth Plus Reports in 2022 and is valued at US$ 1.02 billion. The market is expected to hit a revenue CAGR of 4.3% to reach US$ 1.48 billion by 2031.

The global rapid infuser market is expected to grow substantially as healthcare facilities and professionals seek advanced solutions for efficient blood and fluid transfusion. Rapid infusers are medical devices designed to deliver fluids, medications, and blood products at a high flow rate, ensuring quick and precise administration during emergencies or critical care settings.

The increasing incidence of emergencies and trauma cases necessitates rapid and efficient administration of fluids and blood products. Rapid infusers enable healthcare providers to deliver large volumes of fluids and blood rapidly, minimizing the risk of hypovolemia and improving patient outcomes. Blood transfusion is crucial in various medical procedures, surgeries, and treatments. Rapid infusers facilitate the delivery of blood products, such as packed RBCs, platelets, and plasma, ensuring timely and controlled transfusions, especially in critical situations.

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Rapid Infuser Market Scope

Report Attribute	Details
Market Size Value in 2022	US$ 1.02 billion
Revenue Forecast in 2031	US$ 1.48 billion
CAGR	4.3%
Base Year for Estimation	2022
Forecast Period	2023 to 2031
Historical Year	2021
Segments Covered	Product, Usability, End User, and Region
Regional Scope	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Additionally, ongoing advancements in rapid infuser technologies have resulted in the development of user-friendly and sophisticated devices. Integrated safety features, precise volume control, and compatibility with different blood and fluid bags enhance the ease of use, accuracy, and efficiency of rapid infusers. Moreover, the rise in healthcare costs across the globe has led to investments in advanced medical devices and technologies. Rapid infusers are being adopted by hospitals, clinics, and ambulatory care centers to improve patient care, optimize resource utilization, and enhance workflow efficiency.

Recent Development in the Rapid Infuser Market:

• In November 2022, A venture financing round of $6.3 million was completed for 410 Medical. The funds are used by the business to create LifeFlow, a trigger-activated hand-held device for rapidly injecting blood and intravenous fluids into critically sick patients. LifeFlow ARS, a next-generation LifeFlow infuser, is extending and standardizing LifeFlow usage in hospital and pre-hospital contexts nationwide to ensure that more patients can get time-sensitive blood and IV fluids.

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Competitive Landscape

A list of the prominent players actively operating in the global market for rapid infusers includes:

• Belmont Medical Technologies,
• 3M Company,
• Stryker Corporation,
• Smiths Medical, Inc.,
• BD (Becton, Dickinson, and Company)

Market Segmentation:

Based on product, the global rapid infuser market is segmented into hand-held devices and trolley-mounted devices.

Trolley-mounted devices are portable and easily moved around the hospital or medical facility, making them a popular choice for emergency medical services and critical care units.

Based on usability, the global rapid infuser market is segmented into reusable devices and single-use devices.

The global rapid infuser market is segmented based on end-users into hospitals, ambulatory surgical centers, and specialty clinics .

Based on the region, North America, with the largest revenue share, dominates the global rapid infuser market. This large revenue share is attributed to the rise in emergency cases.

Market Restraints:

The high cost of rapid infuser devices and associated consumables can challenge widespread adoption, especially in resource-constrained healthcare settings. The cost considerations associated with purchasing, maintenance, and training may somewhat limit market growth.

Effective utilization of rapid infusers requires proper training and awareness among healthcare professionals. Limited access to training programs and insufficient knowledge about rapid infusers' benefits and optimal usage may hinder market growth, particularly in developing regions.

Table of Content

INTRODUCTION

Market Ecosystem

Timeline Under Consideration

Historical Years – 2021

Base Year – 2022

Forecast Years – 2023 to 2031

Currency Used in the Report

RESEARCH METHODOLOGY

Research Approach

Data Collection Methodology

Data Sources

Secondary Sources

Primary Sources

Market Estimation Approach

Bottom Up

Top Down

Market Forecasting Model

Limitations and Assumptions

PREMIUM INSIGHTS

Current Market Trends (COVID-19 Perspective)

Key Players & Competitive Positioning (2022)

Regulatory Landscape

MARKET DYNAMICS

Drivers

Restraints/Challenges

Opportunities

GLOBAL RAPID INFUSER MARKET - ANALYSIS & FORECAST, BY PRODUCT

Hand-held Devices

Trolley Mounted Devices

GLOBAL RAPID INFUSER MARKET - ANALYSIS & FORECAST, BY USABILITY

Reusable Devices

Single-use Devices

GLOBAL RAPID INFUSER MARKET - ANALYSIS & FORECAST, BY END USER

Hospitals

Ambulatory Surgical Centers

Specialty Clinics

rapid infuser market toc

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• Covid 19 impact trends and perspective
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• Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
• Blanket coverage on competitive landscape
• Winning imperatives
• Exhaustive coverage on 'Strategic Developments' registered by leading players of the market.

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