According to a new market report published by Persistence Market Research “Global Market Study on Home Infusion Therapy Devices - Needleless Connectors to Witness Highest Growth by 2020”, the global home infusion therapy devices market was valued at US$ 15,905.1 Mn in 2014 and is expected to grow at a CAGR of 9% from 2014 to 2020, to reach US$ 26,747.8 Mn by 2020.
Home infusion therapy facilitates intravenous at-home administration of medicines into the patient’s body through needle and catheter. The therapy is prescribed by physicians and administered by trained healthcare professionals. It is used when oral medication is not effective for the treatment of diseases such as cancer and gastrointestinal diseases. It is also used in the treatment of diabetes, cystic fibrosis, dehydration, and acute infections. Home infusion therapy reduces time spent by patients in hospitals, nursing homes, and clinics. The therapy is used to administer 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 the treatment of diseases. This is due to convenience and friendly environment at the patient’s home, which helps in faster recovery from diseases. Home infusion therapy includes total parenteral nutrition, infusion antibiotic therapy, hydration therapy, IV steroid therapy, chemotherapy, enteral therapy, and pain management. Some major infusion devices used for administration of medicines are infusion pump, intravenous equipment, and needleless connectors. Infusion pumps are categorized as ambulatory infusion pump, large volume infusion pump, and syringe infusion pump.
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Summary of Table of Content
Chapter 1 Preface 10
Chapter 2 Market Synopsis 12
Chapter 3 Porter’s Five Forces Analysis 14
Chapter 4 Industry Overview 17
Chapter 5 Market Size and Forecast by Type of Device 27
Chapter 6 Market Size and Forecast of Infusion Pumps by Device 34
Chapter 7 Market Size and Forecast by Application 46
Chapter 8 Market Size and Forecast by Type of Disease 59
Chapter 9 Market Size and Forecast by Region 64
Chapter 10 Competitive Scenario 74
Chapter 11 Company Profiles 76
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