Home Infusion Therapy Market, By Product (Infusion Pumps, Needleless Connectors, Intravenous Sets, IV Cannulas), Application (Endocrinology, Anti-Infective, Hydration Therapy, Enteral Nutrition, Chemotherapy, Specialty Pharmaceuticals, Parenteral Nutrition), and By Geography (NA, EU, APAC, LATAM and MEA) Analysis, Share, Trends, Size, & Forecast From 2020 2026
- Published Date: 2020-10-13
- Report ID: 1786
- Pages: 191
-
Format:
REPORT HIGHLIGHT
Home infusion therapy market was valued at USD 24.2 billion by 2019, growing with 7.6% CAGR during the forecast period, 2020-2026
Market Dynamics
The increasing prevalence of hospital-acquired infections, growing geriatric population, and rise in preference for home care are the major factors driving the growth of the global home infusion therapy market. As per ECDC (European Center for Disease Prevention & Control) statistics, around 4.5 million people were caught with nosocomial infection all across the globe in 2017. The home infusion therapy substantially reduces the contact of patients to infectious organisms by reducing the spread of nosocomial diseases through the patients.
In addition, home infusion therapy is cost-effective which is expected to propel the market growth. Moreover, the launch of novel products and rapid technological advancements are likely to create lucrative opportunities in the global industry during the forecast period. However, the risks related to the irregular working of infusion devices and lack of reimbursement in emerging countries are expected to hinder the market growth in the coming future.
Product Takeaway
The infusion pumps segment held the largest market share in 2019 and is anticipated to generate a robust revenue during the forecast period. This is mainly attributed to the growing preference of these pumps for delivering medications and nutrients. In addition, these products are available in various varieties such as peristaltic pumps, multichannel, syringe, and enteral. The increasing demand for ambulatory pumps and syringes will further impel the market growth in the projected timeframe.
On the other hand, the needleless connectors product type segment is estimated to expand at the highest growth rate during the projected period. This rapid growth is mainly because these connectors help adhere to Good Clinical Practice (GCP), enable smooth surgeries, and offer improved safety.
Application Takeaway
The anti-infective segment is expected to play a dominant role in the home infusion therapy market during the forecast period owing to a large number of procedures performed for the administration of antibiotics and antifungal drugs. In addition, it also helps lessen exposure to patients with other HAIs (Hospital-acquired Infections). The chemotherapy segment is likely to grow at the fastest rate during the forecast period owing to the rising prevalence of cancer all across the globe. As per the World Health Organization (WHO) statistics, around 18.1 million new cases of cancer were all over the world in 2018.
Moreover, the demand for pressure pumps is also estimated to increase in the forecast period due to the rising cases of cancer. The pumps used at home for chemotherapy are compact and continuous pressure pumps that can be used for a longer period, which is also a significant factor expected to boost the market growth throughout the forecast.
Regional Takeaway
North America region subjugated the worldwide home infusion therapy market in 2019 and is expected to continue its dominance in the estimated period. This is majorly due to the growing adoption of new technology and the increasing R&D activities in this region. In addition, the rising need of patients for long-term therapy is propelling the regional market growth.
On the other hand, the Asia Pacific market for home infusion therapy is projected to witness a significant growth rate by the end of 2030 owing to the growing awareness of patients regarding the benefits of home infusion therapy and the growing incidence of diabetes in the region.
Key players of the industry include:
Baxter International
CareFusion Corporation
ICU Medical, Inc.
Fresenius Kabi
JMS Co. Ltd.
Terumo Corporation
B. Braun Melsungen AG
Caesarea Medical Electronics
Smiths Medical
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year 2015 to 2018
Base Year 2019
Estimated Year 2020
Projected Year 2026
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL HOME INFUSION THERAPY MARKET, BY PRODUCT
Infusion Pumps
o Patient Controlled Analgesics (PCA)
o Elastomeric Pumps
o Volumetric Pumps
o Insulin Pumps
o Ambulatory Infusion Pumps
o Syringe Pumps
IV Cannulas
Needleless Connectors
Intravenous Sets
GLOBAL HOME INFUSION THERAPY MARKET, BY APPLICATION
Parenteral Nutrition
Enteral Nutrition
Specialty Pharmaceuticals
Anti-Infective
Hydration Therapy
Endocrinology
Chemotherapy
Others
GLOBAL HOME INFUSION THERAPY MARKET, BY REGION
North America
o The U.S.
o Canada
Europe
o Germany
o France
o Italy
o Spain
o United Kingdom
o Rest of Europe
Asia Pacific
o India
o China
o South Korea
o Japan
o Singapore
o Rest of APAC
Latin America
o Brazil
o Mexico
o Argentina
o Rest of LATAM
Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Rest of MEA
TABLE OF CONTENT
1. HOME INFUSION THERAPY MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. HOME INFUSION THERAPY KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. HOME INFUSION THERAPY INDUSTRY STUDY
4.1. Porters Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
4.5. COVID-19 Impact Analysis
4.5.1. Pre-COVID-19 Impact Analysis
4.5.2. Post-COVID-19 Impact Analysis
5. HOME INFUSION THERAPY MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. HOME INFUSION THERAPY MARKET BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2019 & 2026 (%)
6.2. Infusion Pumps
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.3. Patient Controlled Analgesics (PCA)
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.4. Elastomeric Pumps
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.5. Volumetric Pumps
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.6. Insulin Pumps
6.2.6.1. Overview
6.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.7. Ambulatory Infusion Pumps
6.2.7.1. Overview
6.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.2.8. Syringe Pumps
6.2.8.1. Overview
6.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.3. IV Cannulas
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.4. Needleless Connectors
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
6.5. Intravenous Sets
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7. HOME INFUSION THERAPY MARKET BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2019 & 2026 (%)
7.2. Parenteral Nutrition
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.3. Enteral Nutrition
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.4. Specialty Pharmaceuticals
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.5. Anti-Infective
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.6. Hydration Therapy
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.7. Endocrinology
7.7.1. Overview
7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.8. Chemotherapy
7.8.1. Overview
7.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
7.9. Others
7.9.1. Overview
7.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8. HOME INFUSION THERAPY MARKET BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2019 & 2026 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2015 - 2026 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2015 - 2026 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2015 - 2026 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2015 - 2026 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2015 - 2026 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2015 - 2026 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Product, 2015 - 2026 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2015 - 2026 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2015 - 2026 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Application, 2015 - 2026 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Product, 2015 - 2026 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 - 2026, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Baxter International
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. CareFusion Corporation
9.3. ICU Medical, Inc.
9.4. Fresenius Kabi
9.5. JMS Co. Ltd.
9.6. Terumo Corporation
9.7. B. Braun Melsungen AG
9.8. Caesarea Medical Electronics
9.9. Smiths Medical
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
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