Latin America Intraosseous Infusion Devices Market

Latin America Intraosseous Infusion Devices Market Size & Growth (2023 to 2028):

The Size of the Intraosseous Infusion Devices Market in Latin America is valued at USD 566.73 million in 2023 and is poised to grow at a CAGR of 6.93% to reach USD 792.27 million by 2028 from 2023 to 2028.

Intraosseous infusion is generally employed in pre-hospital pediatric crises where intravenous delivery of fluids and drugs is challenging. In the coming years, demand for these devices is likely to rise due to an increase in various diseases and the number of traumatic surgeries.

Additionally, technologically sophisticated intraosseous devices, such as the EZ-IO, have been introduced to the market, allowing faster and more dependable emergency vascular access than currently available manual procedures. The increased popularity of these devices in hospitals is also due to ongoing training of medical and nursing staff and well-defined guidelines for correct device handling essential for the effective and safe care of patients receiving intraosseous venous access.

Another factor is that Latin America is expected to account for a moderate market share in the intraosseous infusion devices market, with the demand steadily increasing due to rising diseases. Soon, the intraosseous infusion devices market will be driven by trauma injury instances and intraosseous infusion devices market expansion.

Extravasation of fluids and drugs into soft tissues after the insertion of the intraosseous device is one of the most common complications, which can lead to compartment syndrome, a condition caused by elevated pressure within a confined body space.

Iatrogenic fractures, growth plate damage, and infection such as cellulitis and osteomyelitis are all possible adverse effects of using these devices.

The Intraosseous Infusion Devices research also includes data on the issues limiting market growth, providing companies with helpful information for strategic planning.

In the intraosseous device market, Latin America has a moderate share. The quick introduction of numerous technologically advanced intraosseous devices by large manufacturers and the rising prevalence of various cardiac illnesses are likely to drive the growth of these devices in the Latin American market.

Furthermore, macroeconomic factors like FDA clearances are expected to boost the pace of adoption of such devices in developed countries. The company is increasing its distribution network, likely to boost the intraosseous device market in Latin America.

This research report on the Latin America Intraosseous Infusion Devices Market has been segmented and sub-segmented into the following categories

By Product Type:

• FAST1 device
• Dieckmann Modified Needle
• BIG device
• EZ-IO device
• Jamshidi Needle
• FASTx device
• NIO

By Technology:

• Battery Powered Driver
• Manual IO Needles
• Impact Driven Devices

By End User:

• Hospitals
• Emergency Medical Ambulatory Surgical Centres
• Services
• Cardiac Care Centres

By Route of Administration:

• Distal Femur
• Sternum
• Distal & Proximal Tibia
• Calcaneus
• Head of Humerus

By Country:

• Mexico
• Brazil
• Argentina
• Chile
• Rest of Latin America.

Geographically, the Latin America intraosseous infusion devices market is expected to develop due to an increase in new launches of technologically improved goods. In addition, the launch of an intraosseous access system has been announced by Medical, an industry leader and inventor in emergency medical supplies, field treatment, and first aid. 

The Mexico intraosseous devices market is the dominant region and rapidly increasing. Various intraosseous devices are available on the market for the quick delivery of fluids and drugs directly into the vascular systems in the region. These devices, which range from manually inserted spinal needles to impact regional drivers and drill-powered devices, are placed directly into the medullary area of bone.

The Brazil intraosseous devices market growth is expected to reach a significant CAGR. Furthermore, regulatory approvals for intraosseous infusion devices are likely to contribute to the market's growth in Brazil over the forecast period.

KEY MARKET PLAYERS

Noteworthy Companies dominating the Latin America Intraosseous Infusion Devices Market Profiled in the Report are PerSys Medical, Aero Healthcare, Pyng Medical Corp., Biopsybell, Cook Medical Incorporated, Aero Healthcare, Teleflex.,