A pressure infusor is a cuff and bladder device, specifically designed to provide fast and rapid infusion into a patient’s circulatory system. Pressure infusor pumps sterile parenteral fluid into patients suffering from hypovolemia. Sometimes, high pressure helps to control the flow of fluids better than the improvised ones, as high pressure through small orifice generally reduces the variation in flow of fluid. The three-way or two-way cock fixed on the infusor bag allows easy and consistent deflation of fluid with pressure control. Generally, pressure infusor bags are available in sizes of 500 ml to 3000 ml, with pressure control in the range of 0–300 mmHg. The major reason for manufacturing the pressure infusor devices is to meet customer demands due to its safe & easy-to-use methodology along with other medical devices and improves the safeness of patients during acute surgical situations.
Emergence and growing popularity of home care systems across the world is a major driver of the market. Rising awareness about patient safety during medical treatment augments the market as the device minimizes the chances of cross-contamination of infusion and ensures safe and steady flow of fluid inside the circulatory system of patients. Technological advancements and changing lifestyles are likely to drive the market during the forecast period. Various features are being incorporated in pressure infusors such as pocket design, zips and hooks, utilization of transparent and latex free material, which increases the market attractiveness.
The market has been segmented based on product type, end-user, and application. In terms of product type, the market has been segmented into reusable pressure infusor and disposable pressure infusor. Disposable pressure infusor dominated the market in 2015 due to its ease of utilization. Disposable pressure infusor reduces the probability of cross contamination of fluid, which is the key factor for its higher acceptance among doctors. Reusable pressure infusors are cost effective; however, the disposable pressure infusor segment held the larger market share in 2015. The disposable pressure infusor segment is expected to continue to dominate the market during the forecast period, as it eliminates the lengthy and costly process of cleaning up the bags and due to growing preference of doctors toward patient safety. Based on application, the market has been segmented into surgery, labor & delivery, radiological procedures, pre & post-operative care, cardiac catheterization, emergency & traumatic conditions, and others. Pressure infusors were primarily utilized for surgeries and for traumatic conditions in 2015. Increase in geriatric population, various disease indication, obesity, rate of accidents, and utilization of radiopharmaceuticals for various disease treatments is expected to propel the market by 2024. In terms of end-user, the market has been classified into hospitals, clinics, and others. Hospitals held the largest share of the market in 2015 due to high demand in emergency and intensive care units. The hospitals segment is expected to continue to dominate the market during the forecast period from 2016 to 2024.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the market in 2015, due to increasing prevalence of trauma and cardiovascular surgeries. The market in Asia Pacific is projected to expand at a higher CAGR between 2016 and 2024 attributed due to the growing geriatric population, high labor and delivery rate, and increasing surgery rates.
Major players in the pressure infusor market are SunMed, Erka, Becton, Dickinson and Company, Smiths Medical, Armstrong Medical, Bell Medical, Inc., Sarstedt AG & Co., Spacelabs Healthcare, GE Healthcare, VBM, CONMED, Ethox International, and METKO. The major strategies adopted by the key players are to incorporate specific and innovative features in the products to survive the robust competition in the global market.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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