Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020
Persistence Market Research
Global Home Infusion Therapy Market Will Reach USD 26.7 billion in 2020: Persistence Market Research
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 Persistence Market Research Released New Market Report “Global Market Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020”, the global home infusion therapy market is estimated at USD 15.9 billion in 2014 and is expected to reach USD 26.7 billion by 2020, growing at a CAGR of 9.0% from 2014 to 2020.
Rise in aging population and increasing incidence of chronic diseases increases the demand for home infusion therapy in the market. As a result, the market is expected to grow at a CAGR of about 9.0% from 2014 - 2020.
Some of the major drivers which help in increasing demand for home infusion therapy are rising aging population, increasing number of chronic diseases, expanding home care market for infusion therapy, technology advancement in infusion devices and increasing application of infusion devices in pain relieving. However, some of the factors inhibiting the growth of the home infusion therapy market are increasing risk with patient’s safety and occurrence of mistakes while using infusion devices and issues related to reimbursement policies for home infusion therapy. Increase in the use of ambulatory infusion pumps, increasing number of mergers and acquisitions and rising number of products innovations are some of the market trends that have been observed in home infusion therapy market.
North America has the largest market for home infusion therapy, followed by Europe. Some of the other fast growing markets for home infusion therapy are Japan, China, Germany and the U.S.. Asia has the fastest growing market for home infusion therapy. Rise in aging population and increasing healthcare costs are driving home infusion therapy market in the region. Anti-infective/ antibiotics have the largest application based market in the global home infusion market and are expected to grow at a CAGR of about 9.8% from 2014 – 2020.
Baxter is one of the leading players in the home infusion therapy market. Other major players in home infusion therapy market include B. Braun Melsungen AG, Fresenius Kabi AG and CareFusion Corporation.
Browse the full Global Market Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 report at http://persistencemarketresearch.com/market-research/homeinfusion-therapy-market.asp
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020
The global home infusion therapy market is segmented as follows: Home Infusion Therapy Market, by Type of Device •
Infusion Pump
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Intravenous Set
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Needleless Connectors
Home Infusion Therapy Market, by Infusion Pump Devices •
Volumetric infusion pump
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Syringe infusion pump
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Insulin infusion pump
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Enteral infusion pump
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Ambulatory infusion pump
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Patient Control Analgesia (PCA) infusion
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Implantable infusion pump
Home Infusion Therapy Market, by Application •
Anti-infectives/ antibiotics
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Enteral Nutrition
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Specialty Pharmaceuticals
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Total Parenteral Nutrition(TPN)
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Pain Management
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Chemotherapy
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Hydration infusion pump
Home Infusion Therapy Market, by Type of Disease •
Diabetes
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Cancer
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 Home Infusion Therapy Market, by Geography •
North America The U.S. Canada
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Europe Germany France The U.K. Italy Spain Denmark
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Asia Japan China India
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Rest of the World (RoW
Market History: Home Infusion therapy involves administration of intravenous medication into patient’s body at their homes. It involves the use of needle or catheter for proper medication. It is based on doctor’s prescription. It takes place when oral medication is not effective to cure disease. Home infusion therapy helps in reducing time spent in hospitals, nursing homes and clinics. It includes continuous and slow administration of drug, antibiotic, nutrient and other fluid into vein and tissues on a monthly, weekly and daily basis, depending on the condition of patients and therapy being used in treatment. It is provided by trained professionals and nurses. The cost of home infusion therapy is less as compared to hospital stay costs, this helps in increasing demand of home infusion therapy. As a result, the market is expected to grow at a CAGR of about 9.0% from 2014 – 2020.
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 Some of the major drivers which help in increasing demand for home infusion therapy are rising aging population, increasing number of chronic diseases, expansion of home care market for infusion therapy, technological advancement in infusion devices and increasing application of infusion devices in pain relieving. However, increasing risk with patient’s safety and occurrence of mistakes while using infusion devices and issues related to reimbursement policies for home infusion therapy are some factors inhibiting the growth of the home infusion therapy market. North America has the largest market for home infusion therapy followed by Europe. Some of the other fast growing markets for home infusion therapy are Japan, China, Germany and the U.S. Anti-infective/ antibiotics has the largest application based market in the global home infusion market and is expected to grow at a CAGR of about 9.8% from 2014 – 2020. On the basis of types of devices, home infusion therapy market can be segmented into infusion pump, intravenous set and needleless connectors. Baxter is one the leading player in the home infusion therapy market. Other major players in home infusion therapy market are B. Braun Melsungen AG, Fresenius Kabi AG, CareFusion Corporation.
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020
Table of Content Chapter 1 Preface Chapter 1 Preface 9 1.1 Report Description 9 1.2 Research Methodology 10 1.3 Assumptions 10
Chapter 2 Market Synopsis 11
Chapter 3 Porter Five Forces Analysis 13 3.1 Bargaining power of suppliers 13 3.2 Bargaining power of buyers 14 3.3 Threats of new entrants 14 3.4 Threats of substitutes 14 3.5 Intensity of rivalry 14
Chapter 4 Industry Overview 16 4.1 Market Introduction 16 4.2 Market Drivers 17 4.2.1 Expanding home care market for infusion therapy 17 4.2.2 Increasing application of infusion devices in pain relieving 18 4.2.3 Rising aging population and increasing number of chronic diseases 18 4.2.4 Technology advancement in infusion devices 19 4.3 Impact Analysis of Market Drivers 20 4.4 Market Restraints 20 4.4.1 Increasing risk for patients safety and occurrence of mistakes while using infusion devices 21 4.4.2 Issues related to reimbursement policies for home infusion therapy 21 4.5 Impact Analysis of Market Restraints 22 4.6 Opportunities 22 4.6.1 Rise in acceptance for speciality infusion therapy 22 4.7 Market Trends 23 4.7.1 Increasing numbers of mergers and acquisitions 23 4.7.2 Increasing uses of ambulatory infusion pump 23
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 4.8 Rising number of product innovations 24
Chapter 5 Market Size and Forecast by type of device 26 5.1 Infusion Pumps 28 5.2 Intravenous Sets 29 5.3 Needleless connectors 31
Chapter 6 Market Size and Forecast of Infusion pumps by devices 33 6.1 Volumetric infusion pump 35 6.2 Syringe infusion pump 37 6.3 Insulin Infusion pump 39 6.4 Enteral Infusion pump 40 6.5 Ambulatory Infusion pump 42 6.6 Patient Control Analgesia (PCA) Infusion 44 6.7 Implantable Infusion pump 46
Chapter 7 Market Size and Forecast by Application 48 7.1 Anti- infectives/ antibiotics 51 7.2 Enteral Nutrition 53 7.3 Speciality Pharmaceuticals 55 7.4 Total Parenteral Nutrition (TPN) 56 7.5 Pain Management 58 7.6 Chemotherapy 60 7.7 Hydration infusion pump 62
Chapter 8 Market Size and Forecast by Type of disease 64 8.1 Diabetes 65 8.2 Cancer 67
Chapter 9 Market Size and Forecast by Region 69 9.1 Global 69 9.2 North America 71 9.3 Europe 74 9.4 Asia 78
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 Chapter 10 Competitive Scenario 81
Chapter 11 Company Profiles 83 11.1.1 Overview 83 11.1.2 Products & Services 83 11.1.3 Financial Performance 85 11.1.4 Recent Developments 85 11.2 B. Braun Melsungen AG 86 11.2.1 Overview 86 11.2.2 Products & Services 86 11.2.3 Financial Performance 89 11.2.4 Recent Developments 89 11.3 Caesarea Medical Electronics 90 11.3.1 Overview 90 11.3.2 Products & Services 90 11.3.3 Financial Performance 91 11.3.4 Recent Developments 91 11.4 Fresenius Kabi AG 92 11.4.1 Overview 92 11.4.2 Products & Services 92 11.4.3 Financial Performance Fresenius Kabi AG 94 11.4.4 Recent Developments 94 11.5 Smiths Medical 95 11.5.1 Overview 95 11.5.2 Products and Services 95 11.5.3 Financial Performance 97 11.5.4 Recent Developments 97 11.6 CareFusion Corporation 98 11.6.1 Overview 98 11.6.2 Products & Services 98 11.6.3 Financial Performance 99 11.6.4 Recent Developments 100 11.7 ICU Medical, Inc. 101 11.7.1 Overview 101 11.7.2 Products & Services 102 11.7.3 Financial Performance 102
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Home Infusion Therapy Market Report: Global Study on Home Infusion Therapy: Needless Connectors to Witness Highest Growth by 2020 11.7.4 Recent Developments 103 11.8 JMS Co. Ltd. 104 11.8.1 Overview 104 11.8.2 Products & Services 104 11.8.3 Financial Performance 105 11.8.4 Recent Developments 106 11.9 Baxter 106 11.9.1 Overview 106 11.9.2 Products & Services 107 11.9.3 Financial Performance 108 11.9.4 Recent Developments 108 11.10 TERUMO CORPORATION 109 11.10.1 Overview 109 11.10.2 Products & Services 109 11.10.3 Financial Performance 110 11.10.4 Recent Developments 110 About Us: Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services
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