Intraosseous Devices Market Overview and Introduction

The global intraosseous device market was estimated to be over US$ 365 Mn in 2018. It is anticipated to grow at a CAGR of 5.0% from 2019 to 2030. The global intraosseous device market is segmented based on product type, end user and region.

During emergencies and life threatening traumatic injuries it is important to establish vascular access, in order to supply fluid replacement and to deliver medications. Hence vascular access is pivotal in emergency situations, such as cardiac arrest. In certain situations when peripheral access becomes non-viable due to peripheral vasoconstriction it is important to establish vascular access so that patient outcomes are not compromised. Intraosseous devices offer a rapid, safe, and convenient way to administer medications and fluids to patients through the bone marrow. The use of intraosseous devices to gain vascular access is a widely acknowledged procedure during cardiopulmonary resuscitation (CPR). The European Resuscitation Council (ERC) and American Heart Association (AHA) recommend the usage of intraosseous access during CPR if there’s no possibility to instantly achieve peripheral vein access. Most of the intraosseous devices are successfully placed within less than a minute from the time of opening the package to using the device to administer the medication. Correct placement is confirmed by flow of intravenous fluid or medication into the device without any extravasation of the medication around the insertion site. Increase in the instances of emergency situations has prompted the key players in this market to work towards launching intraosseous devices that are technologically advanced, user friendly, have value added features, there by spur the growth of this market.

Increasing approvals by the regulatory bodies, mergers and acquisitions of key players, and a developing product pipeline are expected to boost the global market. A majority of trauma and emergency cases warrant quick and efficient administration of life saving drugs to the patient. In such cases when peripheral intravenous access is difficult to achieve it is the intraosseous devices that come to aid for desired infusion of required drugs. Hence increasing number of trauma and emergency cases is propelling the growth of this market. According to the World Health Organization (WHO) cardiovascular diseases are the number one cause of death annually. An estimated 17.9 million people died from CVDs in 2016, representing 31% of all global deaths. In 2005, the American Heart Association (AHA) and the European Resuscitation Council (ERC) reconsidered their guidelines to incorporate advocating intraosseous infusion access in adults with cardiac arrest when there’s no availability of IV access. 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. Some complications like are fractures at the insertion site, extravasation of medications or drugs that are being administered, infections at the insertion site are expected to hinder the growth of this market.

Intraosseous Devices Market by Product Type & End Users

On basis of product type, the intraosseous devices market is segmented into Manual, Semi-Automatic, and Automatic. Manual device is one of the first IO devices to be used in the market, however the Automatic and the Semi-automatic segments are expected to grow at a faster pace during the forecast period. On the basis of end user, the market is segmented into Hospitals, Emergency Medical Services (EMS) and Military. The EMS segment is anticipated to lead the global market during the forecast period owing to a perpetual rise in trauma cases and emergency situations.

Intraosseous Devices Market by Regions

On the basis of region, the global market has been segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America holds the leading market share in this market. The growth of 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, adoption of advanced products the presence of prominent players in this region. This market in Asia Pacific is expected to expand at a significant growth rate during the forecast period.

Intraosseous Devices Market Prominent Players

The prominent players in the global intraosseous devices market are Teleflex Incorporated, PERSYS MEDICAL, Cook, BD, and Biopsybell, among others.