Home Infusion Therapy Devices Market Size, Growth, Dynamics, Insights, Trends, Share Analysis, Key Players By 2024

1. Home Infusion Therapy Devices Market Size, Insights, Trends, Share Analysis, Key Players, Segmentation By 2024 Home Infusion Therapy Devices Market Size Estimation by Product (Infusion Pumps, Intravenous Sets, IV Cannulas, Needleless Connectors, Elastomeric Pumps), Application (Anti-Infectives, Endocrinology, Enteral nutrition, Hydration Therapy, Chemotherapy) and Region (Americas, Europe, Asia-Pacific, Middle East & Africa) - Forecast till 2024 The Global Home Infusion Therapy Devices Market held a market value of USD 20.1 Billion in 2017 and is projected to grow at a CAGR of 7.1% by 2024. Home infusion therapy devices are devices that are used to deliver medications through a needle or catheter into a vein inside the home setting. Home Infusion Therapy Devices Market Segmentation The global home infusion therapy devices market size has been segmented into product and application. By product, the market has been segmented into infusion pumps, intravenous sets, IV cannulas, needleless connectors, elastomeric pumps, and others. The intravenous sets segment is expected to register the highest CAGR during the forecast period due to growing demand. Based on application, the market has been segmented into anti-infectives, endocrinology, enteral nutrition, chemotherapy, hydration therapy, parenteral infusion, and others. Home Infusion Therapy Devices Market Key Players Some of the prominent players in the global home infusion therapy devices market are B. Braun Melsungen AG, Fresenius Kabi AG, Baxter International Inc., Johnson & Johnson Private Limited, Pfizer Inc., Terumo Corporation, Smith & Nephew, and Care Fusion Corporation. Home Infusion Therapy Devices Market Regional Analysis On a regional basis, the Americas is anticipated to dominate the global home infusion therapy devices market size owing to the owing to increasing geriatric population, high prevalence of various chronic diseases, and many diagnostic imaging centers. Additionally, many surgical procedures, along with the fast adoption of technologically advanced home care products is driving the growth of the market. For instance, according to the Center for Diseases Control and Prevention, approximately 46.5 million surgical procedures are performed every year in the US. Additionally, according to the United States Census Bureau, around 49.2 million adults aged 65 and above were present in the US as of 2016. Europe accounts for the second largest market and holds a healthy share in the global home infusion therapy devices market due to major driving factors like availability of advanced treatment facilities, increasing healthcare expenditure, and flourishing medical device industry due to the presence of major market players.

2. Asia-Pacific is expected to be the fastest growing market, owing to the huge patient pool, a faster adaptation of healthcare technology, government initiatives to increase the healthcare quality, and availability of favorable insurance policies. The Middle East & Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access, and availability of treatment facilities. In the Middle East, the UAE and Saudi Arabia is the largest market share owing to the development of the healthcare industry and the rising availability of specialty care centers. Brows More Healthcare Related Market Research Reports: Middle East and Africa Orthotic Devices Market Trends Analysis, Size | Share, 2023 Infrared Spectroscopy Devices Market Size, Trends | Growth Analysis, 2023 Asia-Pacific Glaucoma Treatment Market Trends, Size Analysis | Applications, 2023 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Akash Anand Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com