North America Home Infusion Therapy Market Trends, Size, Segment and Growth by Forecast to 2028
The North America
home infusion therapy market is expected to grow from US$ 10,954.08 million in
2022 to US$ 18,112.18 million by 2028. It is estimated to grow at a CAGR of
8.7% from 2022 to 2028.
The North America Home Infusion Therapy Market is
experiencing significant growth due to rising demand for convenient and
cost-effective healthcare delivery systems. Home infusion therapy involves the
administration of medications through intravenous or subcutaneous methods in a
patient’s home. This approach offers a practical alternative to hospital-based
care, especially for patients requiring long-term treatment for chronic
conditions such as cancer, diabetes, immune deficiencies, and infections. The
increasing preference for home-based care is a major driver of the North
America Home Infusion Therapy Market.
One of the key factors fueling the North America Home
Infusion Therapy Market is the growing geriatric population. Older adults often
suffer from multiple chronic conditions that require continuous treatment,
making home infusion therapy a suitable option. Additionally, advancements in
infusion devices and drug delivery technologies have enhanced the safety and
efficiency of in-home treatments, contributing to the expansion of the North
America Home Infusion Therapy Market.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/BMIRE00028375
Moreover, the rising burden of chronic diseases across the
United States and Canada is further propelling market growth. Patients with
conditions such as congestive heart failure, Crohn’s disease, hemophilia, and
rheumatoid arthritis benefit from home infusion therapy, which reduces the need
for frequent hospital visits. This shift not only improves the quality of life
for patients but also eases the burden on healthcare facilities, bolstering the
North America Home Infusion Therapy Market.
Healthcare cost containment is another critical factor
supporting the rise of the North America Home Infusion Therapy Market. Hospital
stays are expensive, and many insurers and healthcare providers are encouraging
home-based care to cut costs. Home infusion therapy offers significant savings
while maintaining treatment effectiveness, making it a preferred option. This
economic advantage is strengthening the North America Home Infusion Therapy
Market.
The COVID-19 pandemic further accelerated the growth of the North
America Home Infusion Therapy Market. To reduce the risk of virus transmission,
patients and providers increasingly turned to at-home treatment solutions. Even
after the pandemic, this trend has continued due to the convenience, safety,
and efficiency of home-based care models, reinforcing the momentum of the North
America Home Infusion Therapy Market.
📚𝐅𝐮𝐥𝐥
𝐑𝐞𝐩𝐨𝐫𝐭
𝐋𝐢𝐧𝐤
@ https://www.businessmarketinsights.com/reports/north-america-home-infusion-therapy-market
Technological innovation also plays a crucial role in the North
America Home Infusion Therapy Market. The integration of digital health tools,
such as remote monitoring and telehealth support, has improved patient
adherence and outcomes. These tools allow healthcare professionals to track
patients’ progress in real time, ensuring timely intervention when necessary,
and driving the adoption of services within the North America Home Infusion
Therapy Market.
Additionally, strong reimbursement frameworks and government
support in countries like the U.S. are accelerating market expansion. Policies
that support home healthcare and value-based care models are key enablers of
the North America Home Infusion Therapy Market.
In conclusion, the North America Home Infusion Therapy
Market is poised for continued growth, driven by aging demographics, chronic
disease prevalence, technological progress, and cost-efficiency. As the
healthcare industry continues to shift toward patient-centric models, the North
America Home Infusion Therapy Market will remain a cornerstone of modern
healthcare delivery, meeting the needs of both patients and providers.
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭
𝐨𝐟
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
B. Braun Melsungen AG
Baxter International Inc
Nipro Corp
Becton Dickinson and Co
Fresenius Kabi AG
ICU Medical Inc
JMS Co Ltd
Eitan Medical Ltd
Terumo Corp
Increasing Incidences
of Chronic Disorders Coupled with Rising Geriatric Population is Driving North
America Home Infusion Therapy Market
Chronic disorders such as cardiovascular, nutritional, and
gastrointestinal disorders, rheumatoid arthritis, and neurological disorders
affect the overall quality of life. According to the World Health Organization
(WHO), over 50% of the global population is estimated to suffer from at least
one chronic disease. The Centers for Disease Control and Prevention (CDC)
stated that 6 out of 10 people in the US suffered from at least one chronic
disease in 2019. According to the “Worldwide Prevalence and Burden of
Functional Gastrointestinal Disorders, Results of Rome Foundation Global
Study,” a large-scale multinational study published in 2021, ~40% of 73,076
adults surveyed from 33 countries in the world were suffering from a functional
gastrointestinal disorder (GFID). Age-related gastrointestinal problems are
more common in the elderly population, aged 64 and above.
North
America Home Infusion Therapy Regional Insights
The geographic scope of the North America Home Infusion
Therapy refers to the specific areas in which a business operates and competes.
Understanding local distinctions, such as diverse consumer preferences (e.g.,
demand for specific plug types or battery backup durations), varying economic
conditions, and regulatory environments, is crucial for tailoring strategies to
specific markets. Businesses can expand their reach by identifying underserved
areas or adapting their offerings to meet local demands. A clear market focus
allows for more effective resource allocation, targeted marketing campaigns,
and better positioning against local competitors, ultimately driving growth in
those targeted areas.
North
America Home Infusion Therapy Market Segmentation
The North America home infusion therapy market is segmented
into product, application, route of administration and country. Based on
product, the home infusion therapy market is segmented into infusion pumps,
intravenous sets, IV cannulas, and needleless connectors. The home infusion
therapy market segment is sub segmented into insulin pumps, elastomeric pumps,
syringe pumps, and others. The infusion pumps segment held the largest market
share in 2022.
North America Home Infusion Therapy Market
The North America Home Infusion Therapy
Market is witnessing significant growth due to rising incidences of chronic
diseases and the increasing preference for cost-effective and patient-centric
healthcare solutions. This market has become a vital component of the broader
healthcare industry, providing patients with high-quality, safe, and convenient
treatment alternatives in the comfort of their homes. Chronic illnesses such as
cardiovascular disorders, diabetes, gastrointestinal disorders, and
neurological diseases have been steadily increasing across the region, leading
to a surge in demand for advanced therapeutic methods like home infusion
therapy.
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