U.S. Home Infusion Therapy Market is Booming with Strong Growth Prospects

This published report for the U.S. Home Infusion Therapy Market Size Size Industry analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study U.S. Home Infusion Therapy Market Size Size Industry also offers the previous historical data along with the forecast from 2021 to 2030. The assessment of the U.S. Home Infusion Therapy Market Size Size Industry factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2030.

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Astonishing growth in Home Infusion Therapy Market Size Anticipated to Grow at a CAGR of 10.5% From 2021 to 2027 and Reach US$ 19,250.0 Million by 2030, Due to Rising Incidence of Chronic Diseases

Growing rates of chronic diseases is expected to drive the U.S Home Infusion Therapy Market Size. The U.S. Home Infusion Therapy Market Size is estimated to reach a market value of US$ 8,672.3 million in 2021 and it is expected to reach US$ 19,250.0 million by 2030, growing at an estimated CAGR of 10.5% over the forecast period.

Scope of the Report:

1. Market trends impacting the growth of the global beverage stabilizers market
2. Trends of key regional and country-level markets for type, function and application.
3. To get a comprehensive overview of the U.S Home Infusion Therapy Market Size.
4. Historical, current and projected market size in terms of volume and value
5. A neutral perspective towards market performance
6. Must-have information for market players to sustain and enhance their market footprint.

The need to provide continuous care to elderly population and chronic disease patients at remote locations generates demand for various infusion therapy devices and solutions. Increasing incidences of respiratory disorders, cardiovascular diseases and other chronic ailments will result in more and more adoption of infusion products, which will thus propel the U.S. Home Infusion Therapy Market growth. Industry growth is also attributed to rising average household income across the nation and to availability of home healthcare providers. A large proportion of retired elderly population has monetary reserve to avail healthcare at their homes. In spite of many market growth favoring parameters, factors such as sporadic affordability, limitations on reimbursement and insurance restrains market expansion across the U.S. A considerable stratum of geriatric population experience home infusion therapy shortfall due to scarcity in number of home healthcare agencies in remote areas of certain states.

Key Findings of the Report:

• Infusion pump market segment held more than 50% of market share in 2018 and is estimated to grow at CAGR of above 9% during the forecast period. Infusion pump growth is attributed to introduction of modern pumps that offer low error while administrating nutritional fluids. Increasing prevalence of disease prone to geriatric population will fuel Home Infusion Therapy Market Size growth in near future.
• Needleless connectors market segment is estimated to grow with CAGR of above 10% over the projection timeframe, owing to rising demand for home infusion therapy caused due to diseases such as dengue, malaria etc. Population suffering from such diseases require continuous administration of external nutritional fluids. More the need for home infusion, more will be the demand for needleless connectors.
• Application of home infusion therapy for anti-infective diseases held the largest market share in 2018 and it is estimated to continue its dominance over the forecast period. Rising rate of various infectious diseases caused by virus, bacteria and others will augment demand for anti-infective home infusion therapy products.
• Pacific central region Home Infusion Therapy Market Size is expected to witness the highest growth rate over the forecast period. Increasing demand for various home infusion therapy will contribute to market growth in this region.
• Key industry participants in U.S. Home Infusion Therapy Market Size are Baxter International, Becton Dickinson, Fresenius Kabi, Smith Medical, B. Braun, Amsino International, Halyard Health and Terumo Corporation among others.
• Partnership, collaboration, expansion and acquisition are some of the strategies adopted by companies to expand their reach and gain competitive advantage.

Home Infusion Therapy Market Size By Product

• • Infusion pumps
  • Intravenous sets
  • IV cannulas
  • Needleless connectors

Home Infusion Therapy Market Size By Application

• • Anti-infectives
  • Hydration therapy
  • Chemotherapy
  • Enteral nutrition
  • Parenteral nutrition
  • Specialty pharmaceuticals
  • Others

Home Infusion Therapy Market Size By Geography

• • East North Central
  • West South Central
  • South Atlantic
  • North East
  • East South Central
  • West North Central
  • Pacific Central
  • Mountain States

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