Fact.MR, a global research & consulting firm, in their latest edition of the report, indicated that the pressure infusion cuffs market will expand at a steady pace.
Fact.MR, a global research & consulting firm, in their latest edition of the report, indicated that the pressure infusion cuffs market will expand at a steady pace. The increasing frequency of Swan Ganz catheterization procedures and intra-arterial pressure monitoring, in tandem with the requirement to retard the retrograde flow of blood, is adding to the widespread acceptance of pressure infusion cuffs.
“Market players are focusing on collaborating with hospitals to address the requirement for prompt infusion of solutions and supervising of invasive processes including pressure.” states Fact.MR.
Growing Instances of Emergency Blood Transfusion Propels the Demand
The technology advancement, for instance, the flush valve, for determining the flow of solutions, together with the contraction of monitoring devices which are designed in an ergonomic manner as well as the increasing usage of nylon & polyester material are expected to drive the pressure infusion cuffs industry.
The growing cases of blood transfusion in emergencies, together with the rising immunocompromised & geriatric population, is further driving the industry.
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Why Hospitals account for the largest share?
Hospitals are anticipated to be majorly preferred in the pressure infusion cuffs industry. According to FactMr, hospitals are forecasted to accounting for more than half of pressure infusion cuffs sales recorded across the globe.
Furthermore, the expansion of healthcare infrastructure particularly ambulatory surgical centers, intensive care units, and trauma care units are fueling a huge market expanse.
India and China to Remain Lucrative
Regions such as India, China, New Zealand & Australia will hold the highest market share due to the increasing healthcare industry, the use of medical devices and the growth of China as a huge production base for medical devices. India and China will attain lion’s share of the pressure infusion cuffs industry.
The US will witness slow growth due to saturation within the US market. France, Germany and the UK are projected to be the third-biggest market.
The GCC, and S. Africa will be led by the gulf economies of Qatar, Kuwait and Saudi Arabia. Nevertheless, poor healthcare spending in Africa is projected to restrain market expansion in the region.
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Collaboration with Hospitals to Fuel Distribution Efficacy Remains Key Focus Point: Fact.MR Survey
The pressure infusion cuffs market is highly fragmented in nature with the existence of several players. Fact.MR’s survey indicated that the leading market players are engaged in collaboration with hospitals purchasing departments is essential to fuel distribution efficacy. The latest edition of the report offers comprehensive coverage of the anticipated to remain the significant strategies of companies. A few of the players profiled in the report are ERKA, VBM Medizintechnik GmbH, SSEM Mthembu Medical (Pty) Ltd., Friedrich Bosch GmbH & Co. KG, Smiths Medical (Smiths Group plc.), SARSTEDT AG & Co. KG. and Biegler GmbH. The latest edition also provides a detailed analysis of the COVID-19 impact on this market.
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