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Global Home Infusion Therapy Market is anticipated to rise at a value CAGR of 9.15% over 2019-2028. According to a study published by Insure Insights on the Global Home Infusion Therapy Market. Home Infusion Therapy are those treatments given at home; they include intravenous or subcutaneous administration of drugs or biologicals given to an individual at home. It is done through catheters and needles. These treatments are considered to be a more convenient option for patients. The use of Home Infusion Therapy in patients undergoing chemotherapy and the advent of smart pumps provide an accurate and controlled rate of infusion have propelled the market growth
Top Driver: The increased preference for Homecare facilities especially with the geriatric population has escalated the growth
The growth in the geriatric population and increased preference for Homecare facilities, especially with the elderly, have mounted the market growth. Moreover, the rise in the preference for home care facilities, especially to avoid long hospital stays, has fostered the market. The technological advancements in homecare Infusions, Prevalence of chronic disorders like immune deficiencies, cancer, and congestive heart failure and cost-effectiveness of home infusion therapy have positively impacted the market. The surge in the hospital-acquired infections especially with individual diabetes have expanded further the market
Infusion pump has held the highest market growth
Based on the product segment, the market Infusion pump poised to obtain lucrative growth as it is widely preferred for the delivery of various medications. The availability of a variety of products like enteral, syringe, and peristaltic pump has escalated the market. Infusion pumps have an ability to deliver fluids at automated intervals or précised programmed rates and also in tiny volumes; these factors have further attributed to the market growth.
In terms of the Applications segment, anti-invective’s have held the most remarkable growth in the market due to a surge in the incidence of infectious diseases worldwide, which has led to the growth in treatment with antifungal and antibiotic drugs. Furthermore, anti-infective homecare infusion is a relatively cost-effective treatment, which has further enhanced the segmental growth. The growth in hospital-acquired infections has further enhanced the market.
Technological advancements in North America have driven the regional market
The rise in the technological advancements in infusion pumps, improvement home infusion services enhanced preference for home care settings due to low cost, and improved patient mobility have primarily boosted the regional growth. The upsurge in R&D activities in the region and an increase in the prevalence of chronic disorders that require long-term therapy have fostered the regional revenue. The presence of the key players in North America has expanded the overall growth.
Technological advancements, product launches, mergers, and acquisition, are the major strategies of the competitors
The Players of the Global Home Infusion Therapy Market is fragmented. Technological advances, Product launches, Mergers, and acquisitions, are the key strategies used by the competitors The key competitors of the Global Home Infusion Therapy Market are B. Braun Melsungen AG; Caesarea Medical Electronics; CareFusion Corporation; Fresenius Kabi; ICU Medical, Inc.; Baxter; JMS Co. Ltd.; Smiths Medical; and Terumo Corporation.
Baxter: Baxter is a popular competitor in the Global Home Infusion therapy market. In September 2019, Baxter had announced the acquisition of Cheetah Medical; they are a leading provider of non-invasive hemodynamic monitoring technologies. The deal was done for USD 230 million. The acquisition was made by Baxter to strengthen its product portfolio with products and therapies with a non-invasive hemodynamic monitoring system used for fluid management
Scope of the Report
By Product
By Application
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Home Infusion Therapy Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Home Infusion Therapy Market -Industry Snapshots
6.1.1 Global Home Infusion Therapy Market Value, 2019 – 2026, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Home Infusion Therapy Market Analysis, by Product
7.2 Key Findings for Home Infusion Therapy Market- By Product
7.2.1 Home Infusion Therapy Market- Infusion Pumps
7.2.2 Home Infusion Therapy Market- Intravenous Sets
7.2.3 Home Infusion Therapy Market- Others
Chapter 8 Global Home Infusion Therapy Market Analysis, by Application
8.2 Key Findings for Home Infusion Therapy Market- By Application
8.2.1 Home Infusion Therapy Market- Anti-Infective
8.2.2 Home Infusion Therapy Market- Hydration Therapy
8.2.3 Home Infusion Therapy Market- Chemotherapy
8.2.4 Home Infusion Therapy Market- Others
Chapter 9 Home Infusion Therapy Market Analysis by Region
9.1 Key Findings for Home Infusion Therapy Market- By region
9.2.1 Global Home Infusion Therapy Market Analysis, By Product, 2019 – 2026
9.2.2 Global Home Infusion Therapy Market Analysis, By Application, 2019 – 2026
9.3 Home Infusion Therapy Market – North America
9.3.5 North America Market, By Product
9.3.6 North America Market, By Application
9.4 Home Infusion Therapy Market – Europe
9.4.7 Europe Market, By Product
9.4.8 Europe Market, By Application
9.5 Home Infusion Therapy Market – Asia Pacific
9.5.6 Asia Pacific Market, By Product
9.5.7 Asia Pacific Market, By Application
9.6 Home Infusion Therapy Market – LAMEA
9.6.2 Middle East & Africa (MEA)
9.6.5 Latin America, Middle East and Africa Market, By Product
9.6.6 Latin America, Middle East and Africa Market, By Application
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
Chapter 11 Company Profiles- Snapshot
11.2 Caesarea Medical Electronics
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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