Global Home Infusion Therapy Market Report 2022: Sector to Reach $56.2 Billion by 2027 at a CAGR of 7.23%
Global Home Infusion Therapy Market
Dublin, March 31, 2023 (GLOBE NEWSWIRE) -- The "Home Infusion Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global home infusion therapy market size reached US$ 37.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 56.2 Billion by 2027, exhibiting a CAGR of 7.23% during 2021-2027.
Companies Mentioned
B. Braun Melsungen AG
Baxter International Inc.
Becton Dickinson and Company
Eli Lilly and Company
Fresenius SE & Co. KGaA
ICU Medical Inc.
JMS Co. Ltd.
Nipro Corporation
Option Care Health Inc. (Walgreen Co.)
Smiths Group plc
Terumo Corporation
Home infusion therapy is a medical procedure used for the (IV) or subcutaneous administration of drugs or biologics to a patient at home. It involves the infusion of medications, such as antivirals or immune globin, through various equipment, including pumps, catheters and vials.
The therapy is effective in chemotherapy and hydration, enteral, inotropic, anti-infective, nutritional and pain management therapies for the treatment of diabetes and various gastrointestinal and oncological disorders. It facilitates self-administration of drugs in medical conditions where oral medications are not effective.
The increasing prevalence of chronic medical ailments, such as cancer, osteoarthritis and diabetes, and the shifting preference for at-home treatments among the masses, is one of the key factors driving the growth of the market. The rising incidence of hospital-acquired infections (HAIs) due to exposure to contaminated equipment, bed linens and air droplets across facilities is also providing a thrust to the market growth.
Moreover, as the coronavirus disease (COVID-19) continues to spread across the globe, there has been a significant increase in the demand for home infusion therapies to minimize the risks of contracting the infection and ensuring optimal treatment. Additionally, the development of cost-effective and user-friendly home infusion kits is acting as another growth-inducing factor.
These novel variants are lightweight, portable and easy to use for the patients and caregivers and are also equipped with advanced drip systems for precise and real-time monitoring of IV treatments. Other factors, including the rising geriatric population, which is more susceptible to medical ailments, along with significant improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.
Key Questions Answered in This Report:
How has the global home infusion therapy market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global home infusion therapy market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global home infusion therapy market and who are the key players?
What is the degree of competition in the industry?
Key Attributes:
Report Attribute | Details |
No. of Pages | 141 |
Forecast Period | 2021 - 2027 |
Estimated Market Value (Billion) in 2021 | Billion37.5 Billion |
Forecasted Market Value (Billion) by 2027 | Billion56.2 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Home Infusion Therapy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Infusion Pumps
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Elastomeric
6.1.2.2 Electromechanical
6.1.2.3 Gravity
6.1.2.4 Others
6.1.3 Market Forecast
6.2 Intravenous Sets
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 IV Cannulas
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Needleless Connectors
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Anti-Infective
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Endocrinology
7.2.1 Market Trends
7.2.2 Key Segments
7.2.2.1 Diabetes
7.2.2.2 Others
7.2.3 Market Forecast
7.3 Hydration Therapy
7.3.1 Market Trends
7.3.2 Key Segments
7.3.2.1 Athletes
7.3.2.2 Others
7.3.3 Market Forecast
7.4 Chemotherapy
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Enteral Nutrition
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Parenteral Nutrition
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Specialty Pharmaceuticals
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/dxt2w6
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