Global Injection Ports Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2023-2030. Injection ports are small devices or fittings that are used in various medical and non-medical applications to provide a means for injecting fluids or medications into a system, container, or vessel. They are typically designed to be durable, easy to use, and provide a safe and efficient way to introduce fluids or medications without contaminating the surrounding environment. The Injection Ports market is expanding because of factors such as increasing prevalence of sudden cardiac arrests and growing awareness about life support systems. In medical applications, injection ports are commonly used in intravenous therapy. These ports are usually implanted under the skin and connected to a catheter that leads into a larger blood vessel, allowing healthcare providers to easily inject medications, and fluids, or draw blood samples without having to repeatedly access veins with needles. Its prevalence has progressively increased during the last few decades.
According to the American Heart Association’s Heart and Stroke Statistics – 2022. cardiac arrest remains a public health crisis. There are more than 356,000 out-of-hospital cardiac arrests annually around 90% of them fatal in the United States. The incidence of EMS-assessed non-traumatic OHCA in people is estimated to be approx. 356,461 every day. Another important component driving space is increased awareness about life support systems. As per Statista, Personal emergency response systems have a global market value of roughly USD 4.7 billion in 2020. In addition, the Medical Devices segment in the United States is projected to reach USD 163.70 billion in 2023. Furthermore, the market’s largest segment is Cardiology Devices with an estimated value of USD 22.47 billion in 2023. However, lack of standard rules and regulations stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Injection Ports Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of branded products and the region’s increasing disease prevalence. According to Statista, the medical devices industry in the United States was valued at USD 226 billion in 2021. The market was expected to exceed USD 312 billion by 2027, with a CAGR of 5.38% during this time period. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising geriatric and target populations, and active participation of government and nonprofit organizations in the market space.
Major market players included in this report are:
Medtronic plc
B. Braun Melsungen AG
SIPPEX, Medippex group
Technoflex Industrie
Knauer GmbH
RENOLIT Nederland B.V.
Convatec Group plc
MiniMed, Inc
Applied Medical Technology Ltd
Unomedical a/s
Recent Developments in the Market:
Ø In April 2023, Convatec Group acquired 30 Technology Limited’s anti-infective nitric oxide technology platform, which consists of new commercial assets and R&D. Convatec will investigate the implementation of highly innovative technological platforms throughout its business areas, as well as advanced wound care.
Global Injection Ports Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Application, Type, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by Type
I-Port Type
Insuflon Type
by Application
Hospitals
Clinics
Home Care
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa