Press release
Global Home Infusion Therapy Market Report 2023: Industry Analysis, Size, Share, Segmentation, Price Trends, Regional Analysis And Forecast 2029
Market Overview:Global Home Infusion Therapy Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Global Home Infusion Therapy refers to the administration of medications or nutrition through an infusion pump or catheter in the comfort of a patient's home. Home infusion therapy is typically used to treat patients with chronic diseases who require long-term medication or nutrition therapy. Home infusion therapy is typically provided by trained healthcare professionals such as registered nurses or pharmacists who visit the patient's home to administer the therapy. The therapy can be delivered through various infusion systems, including gravity drip, pump-assisted, or elastomeric devices. Home infusion therapy offers several benefits for patients, including increased convenience, improved quality of life, and reduced healthcare costs. By receiving therapy at home, patients can avoid hospital stays and reduce their risk of infection.
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Market Dynamics:
Driver:
The increasing prevalence of chronic diseases such as cancer, diabetes, and autoimmune disorders is driving the demand for home infusion therapy. Patients with chronic diseases often require long-term medication or nutrition therapy, and home infusion therapy offers a convenient and cost-effective way to administer these therapies. The growing demand for home healthcare services is driving the demand for home infusion therapy. Home infusion therapy allows patients to receive treatment in the comfort of their own homes, avoiding hospital stays and reducing healthcare costs. This supports the growth of the market.
Opportunities:
The focus on patient-centric care presents an opportunity for home infusion therapy providers to differentiate themselves from competitors and improve patient outcomes. By offering personalized care plans and focusing on patient satisfaction, home infusion therapy providers can improve patient retention and attract new customers. The development of new infusion systems and therapies presents an opportunity for home infusion therapy providers to offer innovative solutions and improve patient outcomes. New infusion systems, such as wearable infusion devices, offer improved convenience and safety and are likely to provide lucrative opportunities for the Global Home Infusion Therapy Market in the coming years.
The Report Will Contains A Crucial Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
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Market Segmentation
By Infusion Type
• Continuous
• Secondary IV
• IV Push
By Application
• Anti-Infective
• Endocrinology
• Enteral Nutrition
• Parenteral Nutrition
• Others
Regional Analysis of Home Infusion Therapy Market:
The North American region is anticipated to dominate the home infusion therapy market during the forecasted timeframe. The growing prevalence of chronic diseases and the increasing burden on primary healthcare infrastructure are the main factors supporting the growth of the market. Multiple sclerosis, rheumatoid arthritis, hemophilia, immunological deficiencies, and neurological disorders are common in this region. According to a recent NHIA study, home infusion and specialty providers in the United States catered to more than 3 million patients in 2019, up 300 percent from the last industry study in 2008. According to NHIA, home and specialty infusion will be a $19 billion business by 2020, with over 900 providers serving 3.2 million patients. This number is expected to grow in the projected timeframe thus strengthening the development of the home infusion therapy market.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Key Players For The Home Infusion Therapy Market:
• CVS/Coram
• Option Care Health
• BriovaRx/Diplomat (UnitedHealth Optum)
• PharMerica
• Fresenius Kabi
• ICU Medical Inc.
• B. Braun Melsungen AG
• Baxter
• BD
• Caesarea Medical Electronics
• Smiths Medical
• Terumo Corporation
• JMS Co. Ltd and others major players.
Recent Industry Developments in Home Infusion Therapy Market:
In December 2021, the acquisition of Hillrom by Baxter International Inc. has been completed. This acquisition will aid the company in expanding its geographic reach and integrating medical device technologies to improve patient care, reduce costs, and streamline operations.
In November 2021, Eitan Medical has been appointed to the NHIA's Future of Infusion Advisory Council (FIAC). The FIAC is a strategic advisory organization made up of manufacturers and service providers with a presence in the home and alternate site infusion industry.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Type
3.2 By Infusion Type
3.3 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Home Infusion Therapy Market by Type
5.1 Home Infusion Therapy Market Overview Snapshot and Growth Engine
5.2 Home Infusion Therapy Market Overview
5.3 IV Cannulas
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 IV Cannulas: Geographic Segmentation
Chapter 6: Home Infusion Therapy Market by Infusion Type
Chapter 7: Home Infusion Therapy Market by Application
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Home Infusion Therapy Market Analysis, Insights and Forecast, 2016-2028 Chapter 10: North America Home Infusion Therapy Market Analysis, Insights and Forecast, 2016-2028
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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The…