U.S. Home Infusion Therapy Market By Product (Infusion Pumps, Intravenous Sets, IV Cannulas, Needleless Connectors), By Application (Anti-infective, Hydration Therapy, Chemotherapy, Enteral Nutrition, Parenteral Nutrition, Specialty Pharmaceuticals, Others ), By Region (East North Central {Illinois, Indiana, Michigan, Ohio, Wisconsin}, West South Central {Arkansas, Louisiana, Oklahoma, Texas},South Atlantic {Delaware, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia, Washington, D.C}, North East {Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New Jersey, New York, Pennsylvania}, East South Central {Alabama, Kentucky, Mississippi, Tennessee}, West North Central {Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota}, Pacific Central {Alaska, California, Hawaii, Oregon, Washington}, Mountain States {Arizona, Colorado, Utah, Nevada, New Mexico, Idaho, Montana, Wyoming}) – Industry Trends, Market Estimation & Forecast, 2019 – 2025

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The U.S. Home Infusion Therapy Market accounted for over USD 7.1 billion in 2018 and is forecast to expand at CAGR of over 10% during the forecast period.
  • Market Overview

    The U.S. Home Infusion Therapy Market accounted for over USD 7.1 billion in 2018 and is forecast to expand at CAGR of over 10% during the forecast period.

    Increasing automation in medical devices is one of the major impact rendering factors in U.S. home infusion therapy market. Regular improvements in infusion devices are fueling the demand for home infusion rapidly across the United States. Advancements in traditional devices into smart ones is proliferating demand; introduction of smart infusion pumps which offer better infusion with lower dosage errors compared to traditional infusion pumps. Moreover, initiatives from the government in the form of an increase in research and development funding with objective provide the best service to the elderly population will drive U.S. home infusion therapy market over the forecast period.

    Rapidly expanding geriatric population pool with increasing chronic conditions will boost demand for various infusion therapy devices. The U.S. elderly population is estimated to reach a number of over 98 million by the end of 2060. With the rising number of elderly people, the demand for infusion therapy is anticipated to follow accordingly.

    Increasing incidence of chronic diseases, namely cancer, cardiovascular, diabetes, and respiratory, will bring more people under the need for home infusion therapy. As chronic diseases treatment take years of continuous care and monitoring, the need for the repeated purchase of devices is likely to expand with time.

    In spite of various advantages of home infusion, roadblocks such as unfavorable reimbursement policies and shortage of skilled professional will restrain market expansion during the projection period.

    Product Market Overview

    The home infusion therapy market is largely dominated by infusion pumps used for administration of various nutritional and medicinal content to patients. As per estimates, the infusion pump market accounted for more than 50% of market share in 2018 and is forecasted to expand with a CAGR of over 10% from 2019 to 2025. Such high growth is a result of a state of the art improvements in pump device and function and deduction in error levels. The increasing number of surgeries also contribute to the growing demand for infusion pumps across the nation.

    Use of needleless connectors is infusion therapy is gaining rapid popularity lately. The needless connectors market is estimated to grow at a CAGR of over 10% during the projection timeframe. Increasing practices of hydration therapy at home, rising incidence of diseases that require continuous administration of fluids will drive the demand for needleless connectors in the near future.

    Product Application Market Overview

    In 2018, anti-infective home infusion therapy held over 25% of the market and is forecast to grow with a robust rate over the upcoming years. Increasing incidences of bacterial infection, viral infection, etc., coupled with rising rates of hospital-acquired infections will spur the demand for anti-infective home infusion therapy across the nation.

    Another major application is the administration of parenteral nutrition at home. As per findings, more than 40 thousand people across the United States receive parenteral nutrition via catheters. High prevalence of gastrointestinal tract disorders in the adult population are subject to parenteral nutrition in the U.S. with an increase in chronic diseases and GI tract disorders; the parenteral nutrition market is estimated to grow at a robust rate over the forecast period.

    Regional Market Overview

    Home infusion therapy market in the North East region of the country is poised to grow rapidly owing to the increasing number of home infusion therapy pharmacies. Provision of such pharmacies to offer home-based administration to patients is driving the demand for various infusion devices. Moreover, high average household income in enables people to avail care at home, resulting in market expansion.

    Home infusion therapy market in the Pacific Central region of the United States is estimated to expand with a CAGR of over 11% during the projection timeframe. The growth is attributed to initiatives undertaken by government bodies to provide affordable home care for the geriatric population. Presence of such provision creates a high demand for devices from otherwise low-income groups who face affordability issues.

    Key Industry Participants

    Some of the prominent players in the U.S. home infusion therapy market are B.Braun, Caesarea Medical, Becton Dickinson, Fresenius Kabi, Halyard Health, Amsino International, Baxter International, ICU Medical, Moog, Smiths Medical, and Terumo Corporation. Merger, acquisitions, and new product launch are some of the strategies adopted by industry participants to gain a competitive advantage as well as to reap profits.

    • Market by product:
      • Infusion pumps
      • Intravenous Sets
      • IV Cannulas
      • Needleless Connectors
      • Others
    • By Application
      • Anti-infective
      • Hydration Therapy
      • Chemotherapy
      • Parenteral Nutrition
      • Specialty Pharmaceuticals
      • Others
    • By region:
      • East North Central
          • Illinois
          • Indiana
          • Michigan
          • Ohio
          • Wisconsin
      • West South Central
          • Arkansas
          • Louisiana
          • Oklahoma
          • Texas
      • South Atlantic
          • Delaware
          • Florida
          • Georgia
          • Maryland
          • North Carolina
          • South Carolina
          • Virginia
          • West Virginia
          • Washington DC
      • North East
          • Connecticut
          • Maine
          • Massachusetts
          • New Hampshire
          • Rhode Island
          • Vermont
          • New Jersey
          • New York
          • Pennsylvania
      • East South Central
          • Alabama
          • Kentucky
          • Mississippi
          • Tennessee
      • West North Central
          • Iowa
          • Kansas
          • Minnesota
          • Missouri
          • Nebraska
          • North Dakota
          • South Dakota
      • Pacific Central
          • Alaska
          • California
          • Hawaii
          • Oregon
          • Washington
      • Mountain States
          • Arizona
          • Colorado
          • Utah
          • Nevada
          • New Mexico
          • Idaho
          • Montana
          • Wyoming

    Drivers:

    Rising incidences of hospital-acquired infections

    Rising prevalence of chronic diseases

    Presence of homecare facilities across the United States

    Restraints:

    Dearth of reimbursement

    Opportunity:

    Untapped potential in backward states

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  • Table of Content

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  • U.S. Home Infusion Therapy Market Key Players

    • B.Braun
    • Caesarea Medical
    • Becton Dickinson
    • Fresenius Kabi
    • Halyard Health
    • Amsino International
    • Baxter International
    • ICU Medical
    • Moog
    • Smiths Medical
    • Terumo Corporation.
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