Home Infusion Therapy Market size worth $26.3bn by 2023

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Home Infusion Therapy Market size to exceed
26.3bn by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Home Infusion Therapy Market

• Global home infusion therapy market size was USD
  13.2 billion in 2015, and is set to exceed USD
  26.3 billion by 2023.
• Anti-infection therapies will continue to
  dominate industry revenue, and are set to see
  8.8 CAGR growth from 2016 to 2023. Infusion
  antifungals, antivirals and antibiotics owing to
  the ease of providing this treatment at a
  outpatient setting are some prime examples.  
• Infusion pumps market size is poised to jump from
  USD 6.8 billion in 2015 at 8.6 CAGR. These
  devices are used not only in healthcare
  facilities across the word but also extensively
  in outpatient settings. Infusion pumps allow
  greater level of precision and accuracy during
  drug delivery and hence reduce medication errors.
  
• IV sets include consist of extension sets, flow
  regulators, fluid delivery tubing, vial adapters,
  IV transfer sets, in-line filters, subcutaneous,
  and blood administration sets. This segment is
  forecast to see more than USD 3.4 billion in
  sales by 2023.  

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Continued...

• U.S. home infusion therapy market share is likely
  to sustain moderate growth, at just over 8 from
  USD 5.4 billion in 2015.
• UK and Germany together were responsible of over
  41 of Europe home infusion therapy market size
  in 2015.
• The industry may see new entrants in the near
  future, with moderately high threat due to strong
  revenue potential and moderate entry barriers.
  Additionally relatively low capital requirements
  may encourage hospital solution providers to
  enter the market via mergers and acquisitions.
• Presence of high unmet medical needs owing to
  rapidly ageing population, and improving
  healthcare infrastructure in APAC and LATAM
  should act as a catalyst for the industry growth.

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Germany home infusion therapy market size, by
product, 2012 - 2023 (USD Million)

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360 Analysis

• Product Analysis
• Infusion pumps market dominated the overall
  revenue in 2015, at over USD 6.8 billion. This
  can be attributed to its extensive use to deliver
  fluids and nutrients to the patient with greater
  level of precision and accuracy during infusion
  therapy.
• Regional Analysis
• North America, driven by U.S. home infusion
  therapy market size is forecast to exceed USD
  11.3 billion by 2023, still remaining the largest
  regional industry. Presence of favorable home
  infusion therapy reimbursement trends for home
  care, rapidly improving healthcare
  infrastructure, and increasing trend of people
  shifting towards home care due ot the advantages
  its offers are the key driving factors over the
  forecast period.
• Competitive Market Share
• Global home infusion therapy market share is
  competitive in nature and dominated by limited
  number of players engaged in incessant
  development of new products in the market to
  maintain leadership position.

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