Global Home Infusion Therapy Devices: Market in Asia to Register the Fastest Growth over the Forecast Period | PMR

Home infusion therapy devices market is a rapidly growing market, which includes devices that are used for delivering medication directly into the patient’s bloodstream through a vein. Home infusion therapy is a safe and effective alternative to hospital-based care for many patients who require intravenous therapy. It is typically used for patients who require long-term treatment, such as those with cancer, immune deficiencies, or chronic infections.

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The home infusion therapy market is segmented based on product, therapy, end-user, and region. The product segment is divided into infusion pumps, IV sets and supplies, and others. The therapy segment is divided into anti-infective therapy, pain management therapy, enteral nutrition therapy, and others. The end-user segment is divided into hospitals, home healthcare, and others.

Companies

  • Hospira, Inc.
  • Braun Melsungen AG.
  • Caesarea Medical Electronics.
  • Fresenius Kabi AG.
  • Smiths Medical.
  • CareFusion Corporation.
  • ICU Medical, Inc.
  • JMS Co. Ltd.

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The increasing prevalence of chronic diseases, such as diabetes, cancer, and others, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies, such as telehealth and mobile health apps, are driving the growth of the home infusion therapy market. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are also contributing to the growth of the home infusion therapy market.

The increasing demand for self-monitoring and self-administration of medications, the increasing use of digital technologies, such as cloud computing and artificial intelligence, and the increasing demand for remote patient monitoring are also driving the growth of the home infusion therapy market. The increasing use of home infusion therapy in emerging economies and the development of innovative home infusion therapy products are also contributing to the growth of the home infusion therapy market.

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In conclusion, the home infusion therapy market is expected to grow at a significant rate due to the increasing prevalence of chronic diseases, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are some of the factors that are driving the growth of the home infusion therapy market.

Regional Analysis

On the basis of region, the global home infusion therapy devices market is segmented into four key regions namely North America, Asia, Europe and rest of the world (RoW). North America dominates the global market for infusion therapy devices, which is attributed to the growing demand for infusion therapies in the region. In addition, factors such as growing geriatric population and higher incidences of cancer, AIDs and diabetes are further influencing the demand for infusion therapy devices in North America.

In Europe, demand for home infusion therapy devices is driven by the growing acceptance for non-hospital procedures and the large base of geriatric consumers who require infusion therapies at frequent basis. Further, the market in Asia is anticipated to grow at the fastest rate during the forecast period.

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Global Home Infusion Therapy Devices: Market in Asia to Register the Fastest Growth over the Forecast Period | PMR

The home infusion therapy market refers to the market for medical devices and services used for delivering intravenous (IV) medications, nutrition, and other therapies to patients in their homes. Home infusion therapy provides an alternative to hospital-based infusion therapy and enables patients to receive treatment in the comfort and convenience of their own homes.

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The home infusion therapy market is segmented based on product, therapy, end-user, and region. The product segment is divided into infusion pumps, IV sets and supplies, and others. The therapy segment is divided into anti-infective therapy, pain management therapy, enteral nutrition therapy, and others. The end-user segment is divided into hospitals, home healthcare, and others.

Companies

  • Hospira, Inc.
  • Braun Melsungen AG.
  • Caesarea Medical Electronics.
  • Fresenius Kabi AG.
  • Smiths Medical.
  • CareFusion Corporation.
  • ICU Medical, Inc.
  • JMS Co. Ltd.

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The increasing prevalence of chronic diseases, such as diabetes, cancer, and others, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies, such as telehealth and mobile health apps, are driving the growth of the home infusion therapy market. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are also contributing to the growth of the home infusion therapy market.

The increasing demand for self-monitoring and self-administration of medications, the increasing use of digital technologies, such as cloud computing and artificial intelligence, and the increasing demand for remote patient monitoring are also driving the growth of the home infusion therapy market. The increasing use of home infusion therapy in emerging economies and the development of innovative home infusion therapy products are also contributing to the growth of the home infusion therapy market.

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In conclusion, the home infusion therapy market is expected to grow at a significant rate due to the increasing prevalence of chronic diseases, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are some of the factors that are driving the growth of the home infusion therapy market.

Regional Analysis

On the basis of region, the global home infusion therapy devices market is segmented into four key regions namely North America, Asia, Europe and rest of the world (RoW). North America dominates the global market for infusion therapy devices, which is attributed to the growing demand for infusion therapies in the region. In addition, factors such as growing geriatric population and higher incidences of cancer, AIDs and diabetes are further influencing the demand for infusion therapy devices in North America.

In Europe, demand for home infusion therapy devices is driven by the growing acceptance for non-hospital procedures and the large base of geriatric consumers who require infusion therapies at frequent basis. Further, the market in Asia is anticipated to grow at the fastest rate during the forecast period.

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Global Home Infusion Therapy Devices: Market in Asia to Register the Fastest Growth over the Forecast Period | PMR

The home infusion therapy market refers to the market for medical devices and services used for delivering intravenous (IV) medications, nutrition, and other therapies to patients in their homes. Home infusion therapy provides an alternative to hospital-based infusion therapy and enables patients to receive treatment in the comfort and convenience of their own homes.

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The home infusion therapy market is segmented based on product, therapy, end-user, and region. The product segment is divided into infusion pumps, IV sets and supplies, and others. The therapy segment is divided into anti-infective therapy, pain management therapy, enteral nutrition therapy, and others. The end-user segment is divided into hospitals, home healthcare, and others.

Companies

  • Hospira, Inc.
  • Braun Melsungen AG.
  • Caesarea Medical Electronics.
  • Fresenius Kabi AG.
  • Smiths Medical.
  • CareFusion Corporation.
  • ICU Medical, Inc.
  • JMS Co. Ltd.

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The increasing prevalence of chronic diseases, such as diabetes, cancer, and others, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies, such as telehealth and mobile health apps, are driving the growth of the home infusion therapy market. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are also contributing to the growth of the home infusion therapy market.

The increasing demand for self-monitoring and self-administration of medications, the increasing use of digital technologies, such as cloud computing and artificial intelligence, and the increasing demand for remote patient monitoring are also driving the growth of the home infusion therapy market. The increasing use of home infusion therapy in emerging economies and the development of innovative home infusion therapy products are also contributing to the growth of the home infusion therapy market.

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In conclusion, the home infusion therapy market is expected to grow at a significant rate due to the increasing prevalence of chronic diseases, the increasing demand for cost-effective and convenient healthcare, and the increasing use of advanced technologies. The increasing awareness of the importance of home infusion therapy, the increasing availability of home infusion therapy services, and the increasing investment in research and development are some of the factors that are driving the growth of the home infusion therapy market.

Regional Analysis

On the basis of region, the global home infusion therapy devices market is segmented into four key regions namely North America, Asia, Europe and rest of the world (RoW). North America dominates the global market for infusion therapy devices, which is attributed to the growing demand for infusion therapies in the region. In addition, factors such as growing geriatric population and higher incidences of cancer, AIDs and diabetes are further influencing the demand for infusion therapy devices in North America.

In Europe, demand for home infusion therapy devices is driven by the growing acceptance for non-hospital procedures and the large base of geriatric consumers who require infusion therapies at frequent basis. Further, the market in Asia is anticipated to grow at the fastest rate during the forecast period.

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Home Infusion Therapy Market Share : Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Forecasts to 2031

New York, Global Home Infusion Therapy Market report from Global Insight Services is the single authoritative source of intelligence on Home Infusion Therapy Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Home infusion therapy is the administration of medication through a needle or catheter. It is usually done at home, but can also be done in a hospital or outpatient setting. Home infusion therapy can be used to treat a variety of conditions, including cancer, infections, and pain.

Key Players

The key players in the market are PharMerica, Fresenius Kabi, ICU Medical, Inc., B. Braun Melsungen AG, Baxter, BD, Caesarea Medical Electronics, Smiths Medical, Terumo Corporation,  and JMS Co. Ltd.

Key Trends

In recent years, there has been a shift away from traditional hospital-based care to home-based care. This trend is being driven by a number of factors, including the increasing cost of healthcare, the aging population, and the need for more personalized and convenient care.

One of the most important trends is the increasing use of technology. Home infusion therapy is becoming more and more complex, and patients are often required to use multiple medications and therapies. This has led to the development of more sophisticated infusion pumps and other devices that can be used at home. In addition, there is an increasing trend towards the use of home telehealth services.

Another key trend is the increasing use of specialty medications. These are medications that are used to treat rare or complex conditions. As the population ages, there is an increasing demand for these medications. In addition, the cost of these medications is often much higher than traditional medications.

Finally, there is an increasing trend towards patient empowerment. This means that patients are taking a more active role in their own care. They are using technology to track their own health data, and they are becoming more involved in decision-making about their care.

Key Drivers

The Home Infusion Therapy market is driven by several key factors. First, the aging population is increasingly seeking care at home, rather than in hospitals or other institutional settings. This trend is expected to continue, as the number of seniors grows and they increasingly prefer to age in place.

Second, advances in medical technology have made it possible to provide more complex treatments at home, including those that were formerly only available in hospitals. This has expanded the potential market for home infusion therapy.

Third, payers (including government health programs and private insurers) are increasingly willing to reimburse for home infusion therapy, as it is often more cost-effective than hospital-based care.

Finally, there is a growing body of evidence demonstrating the clinical effectiveness of home infusion therapy, which is helping to increase its adoption.

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Market Segmentation

The  is segmented by product, application and region. By product, the market is classified into infusion pumps, needleless connectors and others. By application, the market is classified into anti-infective, chemotherapy and Others. By region, the market is segmented into North America ,Europe, Asia-Pacific and rest of the world.

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Value Of Home Infusion Therapy Are Projected To Increase At A CAGR Of Around 8.6% During 2022– 2032

Omics Based Clinical Trials Market

A trustworthy Home Infusion Therapy market study uses the most recent technologies and methods for data collection, analysis, and research. This market report provides organizations with a top-notch market research report by performing systematic data collection, recording, and analysis regarding difficulties linked to the marketing of goods and services. The study starts an easy decision-making process and offers clever answers to difficult business problems. Such market assessments are methodically produced by a team of motivated analysts, knowledgeable researchers, and seasoned forecasters. The Home Infusion Therapy market research report is a comprehensive analysis of the industry’s current state and future projections, including a number of market characteristics.

For the chosen prediction period, the Home Infusion Therapy report provides cagr values as well as its volatility. The research provides an in-depth analysis and estimation of numerous market-related elements, which are extremely important for more effective decision-making. In-depth explanations of market definition, market segmentation, competitive analysis, and significant trends in the abc sector are included in the research. The best and most advanced tools are used to gather, record, estimate, and analyse market data in this industry analysis report. When it comes to controlling the market or standing out as a recent entrant, the data in the Home Infusion Therapy market report might be fairly crucial.

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Key findings of the Home Infusion Therapy market study:

  • The report provides a present market outlook on Home Infusion Therapy. Additionally, the Home Infusion Therapy market share is anticipated to grow with a CAGR of 8.6% in the forecast period.
  • Regional breakdown of the Home Infusion Therapy market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Home Infusion Therapy vendors in detail.
  • Region-wise and country-wise fragmentation of the Home Infusion Therapy market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Home Infusion Therapy market.
  • Home Infusion Therapy price, market share, and Trends forecast for assessment period 2022-2032

Market Segments Covered in Home Infusion Therapy Industry Analysis

  • By Product Type :
    • Infusion Pumps
      • Elastomeric
      • Electromechanical
      • Gravity
      • Other Infusion Pumps
    • Intravenous Sets
    • IV Cannulas
    • Needless Connectors
  • By Application Type :
    • Anti-Infective
    • Endocrinology
    • Hydration Therapy
    • Chemotherapy
    • Enteral Nutrition
    • Parenteral Nutrition
    • Specialty Pharmaceuticals
    • Other Applications
  • By Region :
    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Home Infusion Therapy market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Home Infusion Therapy companies.
  • Industrial trend analysis- The research covers recent trends in the field of Home Infusion Therapy which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
  • Home Infusion Therapy Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The Home Infusion Therapy industry is dominated by some prominent players including

  • CVS/Coram
  • Option Care Health
  • BriovaRx/Diplomat
  • PharMerica
  • Fresenius Kabi
  • ICU Medical, Inc.
  • B. Braun Melsungen AG
  • Baxter
  • BD
  • Caesarea Medical Electronics
  • Smiths Medical
  • Terumo Corporation
  • JMS Co. Ltd.

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Home Infusion Therapy market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Home Infusion Therapy brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Home Infusion Therapy Company & brand share analysis: Company and brand share analysis on Home Infusion Therapy reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Home Infusion Therapy Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Home Infusion Therapy
  • Home Infusion Therapy Category & segment level analysis: Fact.MR’s Home Infusion Therapy sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Home Infusion Therapy Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Home Infusion Therapy: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments

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Global Home Infusion Therapy Market 2020 exhibiting a CAGR of 7.82%.

Global Home Infusion Therapy Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2026– Increasing number of diagnosis of  chronic diseases, neurological disorders and rising healthcare expenditure are the major factors expected to drive the growth of Global Home Infusion Therapy Market over forecast period.

Global Home Infusion Therapy Market is valued at USD 24.21 Billion in 2019 and expected to reach USD 38.03 Billion by 2026 with the CAGR of 7.82% over the forecast period.

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Key Players for Global Home Infusion Therapy Market Report-

Some major key players for Global Home Infusion Therapy Drug Market are B. Braun Melsungen AG, Fresenius Kabi AG, Baxter, Care Fusion Corporation, Hospira, Inc., AccuVein, Vuetek Scientific, Vein View Flex, IV-EYE, Veinlite, Aetna, Evena, Carecentrix, Axela Care, Tricare and Others.

Scope of Global Home Infusion Therapy Market Report–

Home infusion therapy involves the intravenous or subcutaneous administration of drugs or biological to an individual at home. The components needed to perform home infusion include the drug antiviral, immune globulin, equipment for a pump, and supplies. Similarly, nursing services are necessary to train and educate the patient and caregivers on the safe administration of infusion drugs often play an important role in home infusion. Hence, the nurses usually train the patient or caregiver to self-administer the drug, educate on side effects and goals of therapy and visit periodically to assess the infusion site and provide dressing changes. The home infusion process usually requires coordination among multiple entities, including patients, physicians, hospital discharge planners, health plans, home infusion pharmacies, and, if applicable, home health agencies. The medical condition requiring infusion therapy includes infections and disease which may not be responsive to oral antibiotics such as, cancer and cancer-related drugs, dehydration, and gastrointestinal diseases or disorders.

Still, the home infusion therapy is a comprehensive service that provides safe and effective administration of parenteral prescription medications and biologics in a patient’s home or other alternate sites. The home infusion therapy is considered advantageous for patients as they get the entire treatment at the comfort of their home. Furthermore, the home infusion therapy is a cost effective alternative to placement in hospital, and allows patients to adhere to their normal lifestyle while receiving treatment. These rising incidences of hospital acquired infections have a great impact on this market. Additionally, the healthcare spending associated with these infections is expected to encourage patients to prefer home care over the conventional settings. The use of infusion therapy may help to provide essential nutrients into the body circulation, bypassing the gastrointestinal tract, so that one can benefit from their full function in addressing their disease.

Global Home Infusion Therapy Market report is segmented on the basis of product type, application, and by regional & country level. Based on product type, global home infusion therapy market is classified as the infusion pumps, intravenous sets, IV cannulas, needleless connectors and vein imaging devices. Based upon application, global home infusion therapy is classified into anti-infective, hydration therapy, chemotherapy, enteral nutrition, parenteral nutrition and others.

The regions covered in this home infusion therapy market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of home infusion therapy is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

News-

ACHC Launched Home Infusion Accreditation Program.

November 7th, 2019; The Accreditation Commission for Health Care launched a home infusion therapy accreditation program. Hence, the new program looks at education assessment, medication review and the development of a plan of care provided by a nurse or healthcare professional during a home visit. However, the principles are similar to those for ACHC’s infusion nursing and private duty infusion nursing services. The accreditation commission for health care (ACHC) is dedicated to ensuring the highest-quality patient care as demands for home infusion therapy services continue to grow said Susan Mills ACHC associate clinical director. These values are designed to meet new accreditation requirements while preserving the value of home infusion therapy services and helping providers enhance the quality of services they provide. Per the 21st Century Cures Act, home infusion suppliers must be accredited to receive Medicare reimbursement.

Global Home Infusion Therapy Market Dynamics

The rapidly increasing geriatric population, fast technological developments, growing adoption of home infusion therapies and supportive government policies and regulations are expected to foster market growth. Hence, the rising incidence of chronic disorders has led to an augmentation in the demand for infusion therapy in outpatient settings, thereby boosting the home infusion therapy market. According to the World Health Organization (WHO) in 2050, estimated that the chronic diseases rapid population ageing is occurring worldwide, the total number of people aged 70 years or more is expected to increase from 269 million in 2000 to 1 billion high income countries will see their elderly population defined as people 70 years of age increase from 93 million to 217 million over this period, while in low and middle income countries the increase will be 174 million to 813 million. Furthermore, growing demand for reduction in in-patient length of hospital stays has led to the development of strategies to administer infusion therapy at home or in alternate healthcare settings, thereby boosting the growth of the home infusion therapy market. Heightened emphasis on cost-containment in healthcare has led to more inclination towards home infusion therapies by patients requiring long-term care.

However, the risk associated with the dose administration, lack of quality workforce, improper use of infusion devices and fewer reimbursement policies in underdeveloped countries may hamper the growth of the market. In spite of that, technological advancements in medical devices and robust pipeline of infusible drugs can present rewarding opportunities in the market in near future.

Global Home Infusion Therapy Market Regional Analysis –

North America is expected to dominate the global home infusion therapy market due to the increasing aging population and growing adoption home healthcare devices in this region. In addition, growing healthcare expenditure and increasing incidences of chronic diseases such as cancer, diabetes, immune deficiencies as a result of unhealthy lifestyle and lengthening the lifespan of the senior population and are also fostering the growth in this region. According to the World Health Organization (WHO) 2015 in U.S, estimated the chronic diseases about 41 million people will die, the number of deaths from chronic diseases will increase by 17% between 2005 and 2015, from 35 million to 41 million, the Cardiovascular diseases will remain the single leading cause of death, with an estimated 20 million people dying, mainly from heart disease and stroke.

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The Asia Pacific is expected to emerge as a high growth market over the forecast period owing to the incidence of large unmet needs in the emerging economies such as China and India and growing awareness levels regarding the profit of home infusion therapies over the in-hospital infusion therapies in this region. In addition rising disposable income and growing number of home infusion therapy providers are also fostering the market growth in this region. According to the World Health Organization (WHO); in 2025, in China aging population  of chronic diseases as quickly as Japan, there will be 290 million Chinese aged 60 compared to 175 million, accounting for approximately 20% of the Chinese population, many will be suffering from cancer, dementia, diabetes and/or cardiovascular disease.

Key Benefits for Global Home Infusion Therapy Market Report–

  • Global Home Infusion Therapy Market report covers in depth historical and forecast analysis.
  • Global Home Infusion Therapy Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Home Infusion Therapy Market report helps to identify opportunities in market place.
  • Global Home Infusion Therapy Market report covers extensive analysis of emerging trends and competitive landscape.

Global Home Infusion Therapy Market Segmentation:–

Global Home Infusion Therapy Market: By Product Type

  • Infusion Pumps
  • Intravenous Sets
  • IV Cannulas
  • Needleless Connectors
  • Vein Imaging Devices

Global Home Infusion Therapy Market: By Application

  • Anti-infective
  • Hydration Therapy
  • Chemotherapy
  • Enteral Nutrition
  • Parenteral Nutrition
  • Others

Global Home Infusion Therapy Market: By Regional & Country Analysis

  • North America
    • S.
    • Mexico
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America
    • Brazil
  • The Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

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Home Infusion Therapy Market Comprehensive Analysis, Growth Forecast from 2019 to 2025

Home Infusion Therapy Market

Home Infusion Therapy Market is expected to exceed USD 31 billion by 2025. Technological advancements coupled with increasing demand for home infusion therapy will positively drive the market growth.

Some major findings of the home infusion therapy market report include:

  • The demand for home infusion therapy is increasing across the globe due rising elderly population that are more prone to chronic diseases.
  • Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate industry growth.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/435

  • Presence of home healthcare facilities such as home health care agencies, hospice and home care aid organizations as an alternative to hospitals and clinics will fuel industry growth.
  • Increasing prevalence of chronic diseases such as cancer, diabetes and cardiovascular disorders will majorly impact the home infusion therapy market growth across the forecast timeframe.

Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate the home infusion therapy market growth. Immunocompromised patients, elderly and children are more prone to suffer from hospital acquired infections. Increasing number of hospitalizations has further boosted hospital acquired infections incidence resulting in higher demand for home infusion therapy.

Technological advancements such as development of smart infusion pumps and other therapy devices will boost the home infusion therapy market. Smart infusion pumps have dose error reduction software that enables identification of drug dosages and presents a warning on the user interface screen alerting the clinicians. Hence, such technological innovations will positively drive home infusion therapy market growth across the projected timeframe.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/435

Limited reimbursement scenario related to home infusion therapies will act as a major growth restricting factor. Although Medicare provides reimbursement for home infused therapies, but it offers limited coverage for home infused drugs. Moreover, some drugs are covered only when delivered through infusion pumps, thus limiting market growth.

Infusion pumps segment will reach USD 15.7 billion by 2025. Infusion pumps deliver fluids that include nutrients as per prescribed medications, in patient’s body through controlled amounts. They are extensively used in medical settings such as, hospitals, homecare, and nursing homes. Associated advantages such as capability to deliver fluids in very minor volumes and exactly at automated intervals or programmed rates will positively boost product demand, thus propelling industry growth.

Parenteral nutrition segment is estimated to witness significant growth rate of 10.3% during the projected period. High growth is attributable to significant growth of home healthcare among developed regions of North America and Europe. Moreover, rising geriatric population base across the world that are more prone to chronic disorders have difficulty in taking nutrition via oral route. Therefore, increasing rate of elderly population coupled with rising demand for home healthcare will foster segmental growth.

North America home infusion therapy market held the majority market share of 44.5%, owing to rising prevalence of chronic diseases coupled with increasing number of hospital acquired infections (HAI’s). According to the Centre for Disease Control and Prevention (CDC) in July 2015, around 648,000 individuals in the U.S. acquired infections due to hospital stay. Furthermore, growing infusion therapy providers along with increasing demand for home infusion therapy are the factors propelling industry growth in North America.

The home infusion therapy market is consolidated in nature. High capital investments associated with home infusion therapies will prevent new players from entering the market. CareFusion, ICU Medical, B. Braun, Fresenius Kabi, Baxter, Smiths Medical, Caesarea Medical Electronics, and Terumo are few of the industry players operating in the home infusion therapy market. These companies are investing in the research and development of novel and effective solutions for infusion therapy. Also, the companies are focused on strategic collaborations, acquisition and new product launch to gain major revenue share and strengthen their market position. For instance, in April 2018, Smiths Medical announced the launch of CADD-Solis wireless infusion pump. This new product launch enabled the company to strengthen its product portfolio, thus augmenting its revenue growth.

Home Infusion Therapy Market Exhibits a Lucrative Growth Potential during 2020-2025 | Baxter, Caesarea Medical Electronics, B.Braun Melsungen AG

The Home Infusion Therapy Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

The growing healthcare expenditure level is a key concern amongst patients and governments worldwide, necessitating the implementation of effective measures to curb these costs. Hence, the home healthcare option serves as a cost-effective alternative to expensive hospital stays, which is expected to serve this market as a high impact rendering driver throughout the forecast period. Moreover, increasing awareness about the high prevalence of hospital-acquired infections is anticipated to accentuate the importance of home healthcare.

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Top Leading Companies of Global Home Infusion Therapy Market are Baxter, Caesarea Medical Electronics, B.Braun Melsungen AG, CareFusion Corporation, ICU Medical_Inc., Fresenius Kabi AG, JMS Co.Ltd, Terumo Corporation, Smiths Medical and others.

Industry News:

Deerfield, Ill. – May 18, 2017 – Baxter International Inc. (NYSE:BAX), a global innovator in renal care, has launched a new version of its AK 98 hemodialysis (HD) system offering two-way IT connectivity, capabilities to meet the needs of patients with lower weights, and functions that simplify treatment set up and reduce downtime between sessions.

FRANKLIN LAKES, N.J., April 4, 2017 – BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced it has completed the acquisition of Israeli-based Caesarea Medical Electronics (CME), a global infusion pump systems manufacturer. In March 2014, CareFusion Corp., which was acquired by BD in 2015, had acquired a non-controlling, minority stake in CME.

Global Home Infusion Therapy Market Split by Product Type and Applications:

This report segments the global Home Infusion Therapy market based on Types are:
Infusion pumps
Intravenous Sets
IV Cannulas
Needleless Connectors

Based on Application, the Global Home Infusion Therapy market is segmented into:
Anti-Infectives
Endocrinology
Hydration Therapy
Chemotherapy
Enteral Nutrition
Parenteral Nutrition
Specialty Pharmaceuticals
Others

Global Home Infusion Therapy Market: Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Home Infusion Therapy market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

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Important Sections from the Table of Contents:

  • Global Home Infusion Therapy Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Home Infusion Therapy Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Home Infusion Therapy Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Home Infusion Therapy industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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Home Infusion Therapy Market report for 2019-2025 – companies, applications, products and more

Home Infusion Therapy Market

Home Infusion Therapy Market is expected to exceed USD 31 billion by 2025. Technological advancements coupled with increasing demand for home infusion therapy will positively drive the market growth.

Some major findings of the home infusion therapy market report include:

The demand for home infusion therapy is increasing across the globe due rising elderly population that are more prone to chronic diseases.

Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate industry growth.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/435

Presence of home healthcare facilities such as home health care agencies, hospice and home care aid organizations as an alternative to hospitals and clinics will fuel industry growth.

Increasing prevalence of chronic diseases such as cancer, diabetes and cardiovascular disorders will majorly impact the home infusion therapy market growth across the forecast timeframe.

Rising prevalence of hospital acquired infections caused by viral, bacterial and fungal pathogens due to breaches of infection control practices and procedures will stimulate the home infusion therapy market growth. Immunocompromised patients, elderly and children are more prone to suffer from hospital acquired infections. Increasing number of hospitalizations has further boosted hospital acquired infections incidence resulting in higher demand for home infusion therapy.

Technological advancements such as development of smart infusion pumps and other therapy devices will boost the home infusion therapy market. Smart infusion pumps have dose error reduction software that enables identification of drug dosages and presents a warning on the user interface screen alerting the clinicians. Hence, such technological innovations will positively drive home infusion therapy market growth across the projected timeframe.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/435

Limited reimbursement scenario related to home infusion therapies will act as a major growth restricting factor. Although Medicare provides reimbursement for home infused therapies, but it offers limited coverage for home infused drugs. Moreover, some drugs are covered only when delivered through infusion pumps, thus limiting market growth.

Infusion pumps segment will reach USD 15.7 billion by 2025. Infusion pumps deliver fluids that include nutrients as per prescribed medications, in patient’s body through controlled amounts. They are extensively used in medical settings such as, hospitals, homecare, and nursing homes. Associated advantages such as capability to deliver fluids in very minor volumes and exactly at automated intervals or programmed rates will positively boost product demand, thus propelling industry growth.

Parenteral nutrition segment is estimated to witness significant growth rate of 10.3% during the projected period. High growth is attributable to significant growth of home healthcare among developed regions of North America and Europe. Moreover, rising geriatric population base across the world that are more prone to chronic disorders have difficulty in taking nutrition via oral route. Therefore, increasing rate of elderly population coupled with rising demand for home healthcare will foster segmental growth.

North America home infusion therapy market held the majority market share of 44.5%, owing to rising prevalence of chronic diseases coupled with increasing number of hospital acquired infections (HAI’s). According to the Centre for Disease Control and Prevention (CDC) in July 2015, around 648,000 individuals in the U.S. acquired infections due to hospital stay. Furthermore, growing infusion therapy providers along with increasing demand for home infusion therapy are the factors propelling industry growth in North America.

The home infusion therapy market is consolidated in nature. High capital investments associated with home infusion therapies will prevent new players from entering the market. CareFusion, ICU Medical, B. Braun, Fresenius Kabi, Baxter, Smiths Medical, Caesarea Medical Electronics, and Terumo are few of the industry players operating in the home infusion therapy market. These companies are investing in the research and development of novel and effective solutions for infusion therapy. Also, the companies are focused on strategic collaborations, acquisition and new product launch to gain major revenue share and strengthen their market position. For instance, in April 2018, Smiths Medical announced the launch of CADD-Solis wireless infusion pump. This new product launch enabled the company to strengthen its product portfolio, thus augmenting its revenue growth.