Market Overview:
The global medical infusion paste market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in infusion devices. In addition, growing demand for home-based care is also contributing to the growth of this market. However, high cost associated with medical infusion paste products may restrain the growth of this market during the forecast period. Based on type, warming medical infusion paste segment is expected to account for a larger share of the global medical infusion paste market in 2018.
Product Definition:
A medical infusion paste is a thick, viscous material that is used to fill in and seal gaps between teeth. It can also be used to protect teeth from decay and strengthen enamel.
Warming Medical Infusion Paste:
Warming medical infusion paste is a kind of medical product used for the treatment of patients that are suffering from conditions such as severe burns, chronic pain, and postoperative care. The paste contains an analgesic drug or drugs that provide temporary relief from acute pain by producing local heat in the affected area. It also helps reduce swelling and aids in faster healing.
Ordinary Medical Infusion Paste:
An ordinary medical infusion paste is a semi-solid preparation used for the infusion of drugs into the patients. It contains all the ingredients required to make an intravenous (IV) solution. The drug or medication is mixed with water or another IV solution and then put in an ordinary kitchen container which can be carried by a healthcare professional to a patient's home.
Application Insights:
Based on application, the global medical infusion paste market is segmented into hospitals, clinics and other. The hospitals segment dominated the overall market in terms of revenue in 2017. Hospitals are considered to be a key application area for medical infusion paste as it helps reduce patient¢â‚¬â„¢s anxiety about receiving intravenous (IV) nutrition and fluids by providing real-time information on a computer display screen or mobile app.
The use of medical infusion pastes has increased significantly over the past few years owing to their benefits such as ease of use, real-time monitoring capability and ability to provide accurate fluid & nutrient amounts without any guesswork involved during critical care procedures. These products help reduce healthcare costs along with improving patient safety by reducing medication errors due to its digital weighing technology that displays actual amount infused into the body via IV line which eliminates human error while calculating dosages.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region. Moreover, increasing number of product launches and favorable reimbursement policies are expected to drive the North American regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population base and improving economic conditions in emerging countries such as China and India. In addition, rapidly expanding medical tourism industry due to lower treatment costs is also expected boost demand for infusion therapy products over the next eight years. For instance, as per a recent study published by The Lancet Global Health Journalist (2017), India had recorded 58% increase from 2014 till 2016 regarding medical tourists coming for treatment purposes compared with other countries around globe (China & Australia).
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. Medical infusion paste is used to treat various chronic diseases such as diabetes, cancer, and heart disease. Thus, the demand for medical infusion paste is expected to rise in the coming years.
- Technological advancements: The medical infusion paste market is witnessing rapid technological advancements due to which new products are being launched in the market on a regular basis. This has resulted in an increase in competition among players operating in this market space. As a result, manufacturers are focusing on developing innovative products that can cater to the needs of their customers effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Infusion Paste Market Research Report
By Type
Warming Medical Infusion Paste, Ordinary Medical Infusion Paste
By Application
Hospitals, Clinics, Other
By Companies
Mcguff, Qingdao Hainuo, Shengguang, Chengdu Xinjin Shifeng, KM, Henan Yadu Industry Co., Ltd, Mcguff
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Medical Infusion Paste Market Report Segments:
The global Medical Infusion Paste market is segmented on the basis of:
Types
Warming Medical Infusion Paste, Ordinary Medical Infusion Paste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mcguff
- Qingdao Hainuo
- Shengguang
- Chengdu Xinjin Shifeng
- KM
- Henan Yadu Industry Co., Ltd
- Mcguff
Highlights of The Medical Infusion Paste Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Warming Medical Infusion Paste
- Ordinary Medical Infusion Paste
- By Application:
- Hospitals
- Clinics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Infusion Paste Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical infusion paste is a type of medical adhesive that is used to secure intravenous (IV) lines and other medical devices. It is made from a mixture of water, glycerin, and acetic acid.
Some of the major players in the medical infusion paste market are Mcguff, Qingdao Hainuo, Shengguang, Chengdu Xinjin Shifeng, KM, Henan Yadu Industry Co., Ltd, Mcguff.
The medical infusion paste market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Infusion Paste Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medical Infusion Paste Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Infusion Paste Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medical Infusion Paste Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medical Infusion Paste Market Size & Forecast, 2020-2028 4.5.1 Medical Infusion Paste Market Size and Y-o-Y Growth 4.5.2 Medical Infusion Paste Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Warming Medical Infusion Paste
5.2.2 Ordinary Medical Infusion Paste
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Infusion Paste Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Infusion Paste Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Warming Medical Infusion Paste
9.6.2 Ordinary Medical Infusion Paste
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Warming Medical Infusion Paste
10.6.2 Ordinary Medical Infusion Paste
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Warming Medical Infusion Paste
11.6.2 Ordinary Medical Infusion Paste
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Warming Medical Infusion Paste
12.6.2 Ordinary Medical Infusion Paste
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Warming Medical Infusion Paste
13.6.2 Ordinary Medical Infusion Paste
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Infusion Paste Market: Competitive Dashboard
14.2 Global Medical Infusion Paste Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mcguff
14.3.2 Qingdao Hainuo
14.3.3 Shengguang
14.3.4 Chengdu Xinjin Shifeng
14.3.5 KM
14.3.6 Henan Yadu Industry Co., Ltd
14.3.7 Mcguff