openPR Logo
Press release

U.S. Home Infusion Therapy Market Current Scenario: Key Players are B. Braun Group, Baxter International Inc., BD, Fresenius Kabi, ICU Medical, Halyard Health, Moog Inc., Smiths Medical, Amsino International Inc.

07-27-2018 11:33 AM CET | Health & Medicine

Press release from: fractovia.org

Home Infusion Therapy

Home Infusion Therapy

Driven by the changed outlook of value-based healthcare model, U.S. home infusion therapy market growth has been rather pronounced in the recent years. As healthcare organizations are mapping strategies to identify ways that could meet the parameters of higher quality and reduced costs, home infusion therapies have gained paramount importance in the U.S. healthcare ecosystem. Undeniably, continuous improvisation of existing medical devices for ensuring an enhanced user experience, has brought a consequential transformation in the business space. Say for instance, traditional infusion pumps that were previously used in the U.S. home infusion therapy market are now replaced with smart infusion pumps in a bid to narrow the dosage error margins. In fact, estimates claim, infusion pumps held approximately 51% of U.S. home infusion therapy industry in 2017, primarily owing to the rising number of baby boomers.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/964

According to a recent report by Global Market Insights, Inc., home infusion therapy industry in the U.S. is forecast to cross USD 13.5 billion by 2024 with a double-digit CAGR of 10% over the coming six years. The figure is almost double to that of the yesteryear’s market valuation of USD 7 billion, which validates the commendable growth prospects of this business vertical in the ensuing years. As per experts’ opinion, the increasing geriatric population base in the country vulnerable to chronic infections due to poor immunity system is a vital factor boosting the growth.

Estimates suggest, the proportion of senior population (aged 65 years and above) in the U.S. is expected to increase from 15% in 2016 to more than 20% by 2050. Statistics put forth by World Atlas further quotes that the overall elderly populace in the U.S. would be over 98 million by 2060. The growing demand of these therapies by the elderly population is majorly attributed to the ease and convenience ordered by the approach.

Growth Drivers:

1. Growing hospital acquired infections

2. Rising prevalence of chronic diseases

3. Advancements in technology

4. Growing geriatric population

5. Presence of homecare facilities

Another driving force catalyzing the expansion of U.S. home infusion therapy market is increased prevalence of chronic diseases and hospital acquired infections. According to a report by CDC, healthcare associated infections (HAIs) unfortunately affects nearly 5% to 10% of the hospitalized patients in the U.S. annually. Reportedly, the 1.7 million HAIs annually result in 99000 casualties and an estimated USD 20 billion as healthcare costs.

Browse Full Report @ https://bit.ly/2uC1ENC

This mammoth prevalence is prompting regional healthcare market players to redefine the way infusion drugs are delivered in home, thereby creating lucrative growth avenue for U.S. home infusion therapy market. Also, it has been observed that patients suffering from chronic diseases like cancer are inclining more toward home infusion therapies, in a bid to neutralize the side effect of invasive chemotherapy.

Speaking of the competitive spectrum, home infusion therapy market in the U.S. is inclusive of renowned biggies like Amsino International, Becton Dickinson, ICU Medical, Moog, Baxter International, Smiths Medical, and Fresenius Kabi. From what has been observed from the recent trends, a majority of these players are taking laudable interests in product innovations to consolidate their market stance in the strategic landscape. Baxter International’s yesteryear launch of a DeviceVue advanced asset tracking system is a vital testament to the aforementioned declaration. The American healthcare giant has reportedly deployed a Sigma Spectrum Infusion System for better monitoring of infusion pumps through smart phones. With appreciable efforts undertaken by the industry players on product front in tandem with the growing prevalence of healthcare associated infection rates, U.S. home infusion therapy market is certain to witness lucrative proceeds over the ensuing years. Anti-infectives application which procured a prominent chunk of the industry in 2017 with a share of more than 27% is slated to continue its dominance in the coming years, with North East region emerging as a major beneficiary of this trend.

About Fractovia:

Fractovia.org is one of leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributors.

Contact Us:

1968 S. Coast Hwy #586,
Laguna Beach CA 92651,
USA

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S. Home Infusion Therapy Market Current Scenario: Key Players are B. Braun Group, Baxter International Inc., BD, Fresenius Kabi, ICU Medical, Halyard Health, Moog Inc., Smiths Medical, Amsino International Inc. here

News-ID: 1149621 • Views: 575

More Releases from fractovia.org

Non-alcoholic Beer Market Key Players are Heineken, Suntory, Bernard Family Brew …
Owing to a worldwide escalation in the preference for low liquor content beverages, the non-alcoholic beer market size has proliferated at an outstanding pace over the past decade. This has been complemented with the fact that the disposable incomes among the global middle-class population have shot up which has further provided a commendable boost to the overall non-alcoholic beer industry. The rising consolidation and maturation of this business space can
Food Protein Ingredients Market key players are ADM, Cargill, DuPont, Bunge, Mea …
Food protein ingredients market has lately witnessed a profitable trajectory, pertaining to the changing relationship of consumers with food due to increasing urbanization and greater disposable incomes. Taking the rapidly increasing global populace into consideration, which incidentally according to the UN, will surpass 9.5 billion, it is rather obvious that consumption patterns will undergo an eventual change. With the changes that will follow in the dietary preferences, experts anticipate food
Food Enzymes Market Trends 2018 with Key Players of this Industry are BASF, DSM, …
Danish food enzymes market major Chr. Hansen, has recently announced that it will be expanding its West Allis plant that produces enzymes that are freeze-dried and shipped all over the world. The enzymes go into yogurt, cheese, and other food, as well as in animal feed, baby formula, probiotic supplements, and natural dyes. Allegedly, this latest expansion by Hansen to increase the production capacity and add new capabilities to its
Dental Osseointegration Implants Market Major Key Players are Zimmer Biomet, Str …
Having already experienced monetary returns from a slew of imperative collaborations since the last few years, osseointegration implants market has now observed yet another partnership that would help increase its overall remuneration. The reputed American producer of dental equipment consumables, Dentsply Sirona has recently announced a partnership with Zephyr Sleep Technologies. Request for a sample of this research report @ https://www.fractovia.org/request-sample/642 This alliance has been apparently aimed at generating potentially new

All 5 Releases


More Releases for Infusion

Beacon Infusion Opens New Infusion Location in Hackensack, NJ
PRESS INFORMATION FOR IMMEDIATE RELEASE: July 17, 2020 Contact: Beacon Infusion Healthcare Services www.beaconinfusion.com 833-223-2266 Beacon Infusion Opens New Infusion Location in Hackensack, NJ Rapid growth and expanding patient base accelerate need for new locations HACKENSACK, NJ JULY 17, 2020 – Beacon Infusion Healthcare Services, a pioneer in national freestanding infusion centers providing infusion and long-acting injectable care, announces the addition of a brand-new location to serve its growing patient base. This is Beacon Infusion’s second location in New
Global Infusion Pump Market Insights, Forecast
Traditional medical infusion pumps are employed in a range of applications and settings from basic fluids for hydration to administering pain medications and antibiotics. Such pumps have been used in long-term care settings, hospitals, physician’s offices, and home settings. This can be further broken out to uses specifically in the emergency department, operating room, and neonate department. This device is a high-interest area for several companies, given the aging of
Infusion Pumps Market – Latest Developments
Infusion Pumps Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Infusion Pumps market research report is a professional and in-depth study on the current state of Infusion Pumps Industry. The Infusion Pumps Market research report covers the present scenario and the growth prospects of
Modular infusion pump tester reduces „down time“
Nuremberg, June 29, 2018 : GOSSEN METRAWATT, supplier of measuring and testing technology, presents the SECULIFE IFPRO, a new modular analysis system for infusion pumps. The high-precision, easy-to-use system has full touchscreen control of all processes without the use of old-fashioned keys and buttons. The 7" colour touch screen display can be infinitely adjusted for optimum operation and readability. The highlight of the SECULIFE IFPRO is the new, innovative,
Infusion System Market: Global Snapshot by 2025
Global Infusion system Market is projected to grow at a CAGR of 4.9% and is expected to reach US$ 44333.5 million by 2025. Globally, North America accounted for the largest market share in 2016. Global Infusion system is one of the fastest market. The global infusion systems market is segmented on the basis of applications which comprises of chemotherapy, diabetes, gastrointestinal, pediatrics, and others. The Global Infusion system market comprises
Infusion Pumps Market | Market Growth Analysis 2019
The global infusion systems market is projected to reach around US$7.7 bn by the end of 2019, after being recorded at US$5.4 bn in 2012. The market is progressing at a CAGR of 5.30% from 2013 to 2019, according to a research report released by Transparency Market Research. The research report, titled “Infusion Pumps Market (Large Volume, Disposable, Syringe, Ambulatory, Implantable) - Global Industry Analysis, Size, Share, Growth, Trends and