From 2023 to 2033, the rapid infuser market is predicted to grow at a 4.5% CAGR, from US$ 1,056.3 million in 2023 to US$ 1,639.8 million in 2033.
An Increase in Ambulatory Healthcare Facilities is expected to Create Multiple Market Opportunities
A rapid infuser is a surgical operation or treatment that includes using a fast fluid. The rapid infuser system may continuously administer fluid (human bodily fluid) in a slow to rapid flow. Rapid infuser systems are extensively utilized in emergencies to provide effective and safe therapy to patients suffering from severe blood loss or hypovolemic shock. There are two types of rapid infuser devices: those powered by a compressor and those connected to hospital wall-pressured outlets.
The expansion of the market is expected to be fuelled by the increasing initiatives taken by different research institutes and organizations to enhance medical facilities and services. External funding was used to support a wide range of medical activities by the Centers for Disease Control and Prevention, a prominent public health institution in the United States. Technical advancements in the medical field are a result of the rising incidence of health disorders and the growing demand for better preventative and therapeutic approaches. These aspects are likely to drive the growth of the market in the coming years.
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Key Points from the Rapid Infuser Market
- The adoption of cutting-edge strategies by key market players is likely to increase as the demand for effective treatment options for hypothermia and excessive blood loss in operational settings and trauma intensifies.
- The rapid infuser market is expected to record a CAGR of 4.5% during the forecast period.
- North America is expected to dominate the rapid infuser market.
Key Companies in the Market include
- Smith’s Medical
- GE Healthcare
- 3M Company
- BD
- Stryker Corporation
- ZOLL Medical Corporation
- Belmont Instrument
- Smisson-Cartledge Biomedical
- Keewell Medical Technology Co. Ltd
- Teleflex Incorporated
- Biegler GmbH
- ALC “TahatAksi”
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Key Developments in the Rapid Infuser Market
- In April 2021, EryPharm introduced ground-breaking technology to the market that can produce huge quantities of red blood cells and provide new blood transfusion sources. Hematopoietic stem cells were used by the business to launch a pilot production phase and increase the production of Cultured Red Blood Cells (cRBC) (HSC). F. Hoffmann-La Roche Ltd and Bio-Rad Laboratories, Inc. signed a global collaboration agreement in March 2021 to give clients with access to Bio-full Rad’s portfolio of InteliQ products and Unity QC data management systems.
- In February 2019, Torax Biosciences Limited debuted its B2B IVD bulk reagents for the market for latex serology and blood grouping assays. The company intends to give its distribution partners, manufacturing companies, and hospitals visible latex agglutination assays ASO, CRP, and RF and blood grouping assays in FFMU or filled formats.
- D. introduced Platelet Quality Control Media in April 2019 to help platelet transfusion patients encounter fewer incidents of sepsis.
- Terumo Blood and Cell Technologies and CSL Plasma joined in April 2021 to establish a new plasma collection platform.
- Fresenius Kabi spent Euro 30 million in the Dominican Republic in January 2020 to expand its transfusion and apheresis disposables factory.
Rapid Infuser Market Key Segments
By Product:
- Trolley Mounted Devices
- Hand-held Devices
- Accessories
By Usability:
- Single-use Devices
- Reusable Devices
By End User:
- Hospitals
- Ambulatory Surgical Centres
- Specialty Clinics
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