Global Market Study on Home Infusion Therapy Devices: Disposable Elastomeric Pumps Segment Expected to be the Most Lucrative Among all Product Type Segments


Home Infusion Therapy Devices Market
  • Published On : Oct-2017 |
  • Pages : 197 Pages |
  • Format :

Report Description

This Persistence Market Research (PMR) report features the ‘Global Home Infusion Therapy Devices Market’ for the period 2017–2025. The report objective is to offer updates on the ongoing market trends and information regarding market opportunities in the global Home Infusion Therapy Devices market. Persistence Market Research (PMR) analyzes the global Home Infusion Therapy Devices market for the forecast period 2017–2025. The report details the various product types, applications and end users and offers comprehensive insights on the competitive landscape in the Home Infusion Therapy Devices market.

The Home Infusion Therapy Devices market is segmented as follows:

  • Home Infusion Therapy Market, by product type
  • Home Infusion Therapy Market, by application
  • Home Infusion Therapy Market, by end user
  • Home Infusion Therapy Market, by region

This report uncovers the global home infusion therapy devices market performance concerning revenue contribution from various segments. This section also comprises PMR’s analysis of key trends, drivers, challenges, and opportunities, which are influencing the growth of the global home infusion therapy devices market. Impact analysis of the key growth drivers and restraints are included in this report to provide clients with decision-making insights.

The home infusion therapy devices market report provides an overview of the disposable elastomeric pumps, insulin pumps, PCA pumps, electronic ambulatory pumps and infusion system pumps accessories. This section also underlines factors influencing the growth of the Home Infusion Therapy Devices market along with detailing of the key trends, drivers, challenges, and opportunities. Impact analysis of the trends is included in the report to provide clients with information and insights. Distinguishing features of the report include a list of major vendors, manufacturing workstations, drivers, and restraints regional impact analysis, and competitive dashboard. Furthermore, PMR provides a competitive landscape of the companies and their strategic developments.

The next section of the research report analyzes the market based on product type and presents the forecast in terms of value for the next eight years. Product Types covered in the report include:

  • Disposable Elastomeric Pumps
  • Insulin Pumps
  • PCA Pumps
  • Electronic Ambulatory Pumps
  • Infusion System Pumps Accessories

The next section of the research report analyzes the market based on application and presents the forecast in terms of value for the next eight years. Applications covered in the report include:

  • Enteral Nutrition
  • Parenteral Nutrition
  • Chemotherapy
  • Antibiotic Administration
  • Others

The next section of the research report analyzes the market based on end user and presents the forecast in terms of value for the next eight years. End Users covered in the report include:

  • Home Care Setting
  • Long Term Care Centers

The report focuses on the growth trends of the home infusion therapy devices market by region namely, North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. It provides an outlook for 2017–2025 and sets the forecast for the home infusion therapy devices market. The report discusses regional trends contributing to the growth of the home infusion therapy devices market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Regions covered in the report include:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • Japan
    • China
    • Australia and New Zealand
    • India
    • ASEAN
    • Rest of APAC
  • Middle East & Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Also, we have considered the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global home infusion therapy devices market. An analysis of absolute dollar opportunity and incremental opportunity is conducted for primary market segments. Absolute dollar opportunity is usually overlooked while forecasting the market. However, it is the most critical factor for analyzing the level of opportunities that a manufacturer can look to achieve, as well as to identify potential resources from a sales and delivery perspective. In the final section of the home infusion therapy devices market report, a ‘Competitive Landscape' section is included to provide a detailed analysis with a dashboard view of key competitor firms. Detailed profiles of major manufacturing companies is included with company-specific long-term and short-term strategies. Company profiles include their product offerings and recent developments in the home infusion therapy devices market.

Home infusion therapy facilitates the intravenous administration of medicines into the body of a patient with a needle or catheter. It is prescribed by physicians and administered by trained professionals and nurses. It is used when oral medication is not effective for the treatment of diseases. It reduces the time spent by patients in hospitals, nursing homes and clinics. It includes continuous and slow administration of drugs, antibiotics, nutrients and other fluids into the veins on a daily, weekly, or monthly basis, depending on the patient’s condition. Home infusion therapy is an effective and safe alternative against conventional hospitalization for treatment of diseases as it is provided in a friendly environment that helps in faster recovery from diseases. Home infusion therapy is employed in the treatment of diseases that are unresponsive to oral medication, such as cancer and gastrointestinal diseases. It is also used in the treatment of diabetes, cystic fibrosis, dehydration and acute infections. Home infusion therapy improves medication adherence and reduces unplanned hospitalization. Home infusion therapy includes total parenteral nutrition, infusion antibiotic therapy, chemotherapy and enteral therapy. Some major infusion devices used for administration of medicines are infusion pumps, intravenous equipment and others.

Market Value and Forecast

The global home infusion therapy devices market is estimated to be worth US$ 1,515.2 Mn by 2017 end and is expected to expand at a CAGR of 6.8% over the forecast period of 2017–2025. North America accounted for the largest market share and was valued at US$ 494.4 Mn in 2016, and is expected to expand at a CAGR of 7.1% over the forecast period.

Market Dynamics

Growth of the global home infusion therapy devices market is primarily driven by growing incidence of pain, cancer and diabetes, favorable reimbursement for infusion therapy in homecare, rapid increase in geriatric population and also rising awareness regarding the use of home infusion therapy devices. This preference towards preventive healthcare over reactive, external partnerships in research is driving home infusion therapy development and growth of home infusion therapy in health management associations.

However, vast product recalls and reported errors, lack of standard usage guidelines and trained manpower and lack of proper treatment/diagnosis options for disease are some factors expected to hamper the growth of the global home infusion therapy devices market over the forecast period.

Market Segmentation by Product Type

Based on product type, the market has been segmented into

  • Disposable Elastomeric Pumps
  • Insulin Pumps
  • PCA Pumps
  • Electronic Ambulatory Pumps
  • Infusion System Pumps Accessories

The disposable elastomeric pumps segment held a significant share of around 44.7% in 2016 and is expected to dominate throughout the forecast period, registering higher CAGR as compared to the other segments.

Home Infusion Therapy Devices Market_Image for Market Bytes

Market Segmentation by Application

Based on application, the market has been segmented into

  • Enteral Nutrition
  • Parenteral Nutrition
  • Chemotherapy
  • Antibiotic Administration
  • Others

The parenteral nutrition segment held a significant share of around 44.9% in 2016 and is expected to dominate throughout the forecast period, registering higher CAGR as compared to the other segments.

Market Segmentation by End User

Based on end user, the market has been segmented into

  • Home Care Setting
  • Long Term Care Centers

The home care setting segment held a significant share of around 55.3% in 2016 and is expected to dominate throughout the forecast period, registering higher CAGR as compared to the other segments.

Key Regions

Geographically, North America is expected to be the dominant regional market by 2017 end and is expected to expand at a CAGR of 7.1% over the forecast period. Asia Pacific is expected to be the fastest growing regional market in terms of revenue growth in the global home infusion therapy devices market, registering a CAGR of 7.4% over the forecast period.

Company Profiles 

  • B. Braun Melsungen AG.  
  • Becton, Dickinson and Company  
  • Johnson & Johnson Private Limited (Animas Corporation)
  • Fresenius Kabi AG
  • Terumo Corporation
  • F. Hoffmann-La Roche AG
  • Smith & Nephew
  • Pfizer Inc.
  • Baxter International Inc.
  • Micrel Medical Devices S.A.
  • Others.

 

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