Home Infusion Therapy Market

Home Infusion Therapy Market Study by Pumps, Intravenous Sets, IV Cannulas, and Needleless Connectors for Endocrinology, Hydration Therapy, Chemo, Enteral Nutrition, and Others from 2024 to 2034

Analysis of Home Infusion Therapy Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Home Infusion Therapy Market Outlook (2024 to 2034)

Cost-effectiveness and enhanced observed outcomes of home infusion therapy are poised to push the global market from a value of US$ 36.29 billion in 2024 to US$ 83.02 billion by 2034-end. As assessed in the latest research report published by Fact.MR, the global home infusion market has been forecasted to increase at 8.6% CAGR from 2024 to 2034.

Growing preference for home care healthcare facilities, steady increase in technological advancements in the medical field, and increasing geriatric population with mobility issues are key factors set to influence global home infusion therapy market growth positively. Infusion therapy encompasses various essential components, including IV hydration therapy and IV therapy, which are vital in offering suitable treatment.

Growing demand for home infusion therapies is closely linked to the requirements for long-term treatment among numerous patients. Therefore, an inclination toward home infusion therapy is increasing as a pocket-friendly alternative to the care offered in hospital settings. These solutions offer patients enhanced access to personalized medical solutions while staying in the comfort of their homes.

  • Global demand for home infusion therapy for anti-infective applications is projected to accelerate at a CAGR of 8.1% and reach a market valuation of US$ 20.05 billion by the end of 2034.
  • Demand for home infusion therapy in South Korea is forecasted to increase at 9.8% CAGR from 2024 to 2034.
  • North America is approximated to hold 35% of the global market share by the end of 2034.

Strategic collaborations among pharmaceutical companies, healthcare providers, and technology firms are contributing to market vibrancy, thus ensuring an evolving and comprehensive approach to numerous home-based infusion therapies. In addition, the capabilities and availability of professional education, healthcare professionals, remote patient monitoring, and transparency about quality care are set to contribute to market growth going forward.

In recent years, an increase in the cases of chronic illnesses has also been encountered, which is leading to the rising demand for home infusion therapy as an efficient solution among patients.

Report Attributes Details
Home Infusion Therapy Market Size (2024E) US$ 36.29 Billion
Forecasted Market Value (2034F) US$ 83.02 Billion
Global Market Growth Rate (2024 to 2034) 8.6% CAGR
Market Share of Infusion Pumps (2034F) 48%
Canada Market Growth Rate (2024 to 2034) 11.9% CAGR
South Asia & Pacific Market Share (2034F) 21.6%
Key Companies Profiled
  • CVS/Coram
  • JMS Co. Ltd.
  • BD
  • Option Care Health
  • Terumo Corporation
  • BriovaRx/Diplomat
  • PharMerica
  • Smiths Medical
  • Baxter
  • Fresenius Kabi
  • Caesarea Medical Electronics
  • ICU Medical, Inc.
  • B. Braun Melsungen AG

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Why is Driving Demand for Home Infusion Therapy across the World?

“Rising Use of Home Infusion Therapy Devices for Effective Healthcare Purposes”

Constant technological advancements taking place in home infusion therapy, such as remote patient monitoring, availability of care workers, and transparency related to the quality of care offered are anticipated to assist the global market expansion in the coming 10 years.

Favorable government regulations for geriatric people and technological advancements taking place in intravenous equipment are set to positively impact requirements for home infusion therapy devices. Furthermore, growing incidences of chronic diseases, such as cardiovascular disease, diabetes, cancer, and orthopedic diseases are forecasted to contribute to the expansion of the home infusion therapy market size.

What is Restraining Home Infusion Therapy Market Growth?

“Dearth of Skilled Healthcare Providers Resulting in Severe Life-threatening Incidents”

Medication overdose is estimated to lead to hazardous situations. Further, a dearth of skilled nurses in underdeveloped and potentially high growth regions is also adversely impacting market growth. Further, incorrect use of home infusion therapy devices is projected to result in severe situations, therefore, limiting market expansion opportunities.

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Which Home Infusion Therapy Market Trends are Benefitting Startups?

“Emergence of Customized Treatment at Homecare Settings”

The global market is seeing increased requirement for patient-centric healthcare solutions along with an emphasis on customized treatment while staying in the comfort of their homes. This factor is anticipated to stimulate startups to integrate some advanced technologies, which foster remote monitoring, innovations in multiple infusion devices, and offering data-driven healthcare facilities.

Country-wise Insights

The North American region is forecasted to account for 35% of the global home infusion therapy market share by 2034. This is because of increasing R&D activities for product advancements and the rising use of new insulation pump technology in home care settings.

Why is the United States a Lucrative Market for Home Infusion Therapy Providers?

“Supportive Government Initiatives Promoting Use of Home Infusion Therapy”

Attribute United States
Market Value (2024E) US$ 11.04 Billion
Growth Rate (2024 to 2034) 9.3% CAGR
Projected Value (2034F) US$ 26.87 Billion

The United States is approximated to contribute a share of 83.5% of the market in North America by 2034-end. The government in the country has made a provision of patient care even outside conventional medical settings. The rising population in the country is offering opportunities for home infusion therapy providers with the cost-effectiveness of these services. In addition, these homecare settings also help in saving resources.

Several initiatives have been taken by public health officials to promote awareness about healthcare facilities offered in home settings. Further, an increase in the demand for home infusion therapy is encountered with the availability of multiple payment schemes for the purchase of medical equipment.

What is Shaping the Future of Home Infusion Therapy Providers in China?

“Rising Patient Awareness about Health Benefits of Home Infusion Therapy”

Attribute China
Market Value (2024E) US$ 2.88 Billion
Growth Rate (2024 to 2034) 12.7% CAGR
Projected Value (2034F) US$ 9.53 Billion

China is expected to enjoy a share of 58.7% share of the East Asian market revenue by the end of 2034. Growing patient awareness about the benefits associated with the use of home infusion therapy compared to in-hospital procedures is increasing its demand. In addition, rising cases of diabetes along with an increasing geriatric population with more chances of getting chronic diseases are contributing to the adoption of home infusion therapy in China.

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Category-wise Insights

Infusion pumps are projected to gain prominence as one of the prominent devices used in home infusion therapy, as asserted in the research analysis published by Fact.MR, a market research and competitive intelligence provider. Their rising demand is due to pocket-friendly prices and application in several health issues, such as chronic conditions, etc.

Why are Infusion Pumps Preferred for Home Infusion Therapy?

“Extensive Application and Affordability of Infusion Pumps”

Attribute Infusion Pumps
Segment Value (2024E) US$ 18.08 Billion
Growth Rate (2024 to 2034) 8.2% CAGR
Projected Value (2034F) US$ 39.81 Billion

Infusion pumps are estimated to hold a share of 48% of global market revenue by the end of 2034. There are multiple benefits associated with infusion pumps, which are increasing their demand. Infusion pumps offer fluids, including medications or nutrients to the body of patients in a regulated manner. Further, they are utilized against the treatment of various chronic conditions, such as insulin pumps, mobile chemotherapy pumps, and implanted pumps.

Several companies are concentrating on the development of innovative and portable infusion pumps, which are pivotal for therapeutic and medical treatments. In addition, numerous other factors, such as growing cases of chronic diseases and the affordable pricing of these devices are driving their demand.

Which Application of Home Infusion Therapy is Set to Play Decisive Role in Market Growth?

“Growing Adoption of Home Infusion Therapy for Anti-infective Purposes”

Attribute Anti-infective
Segment Value (2024E) US$ 9.17 Billion
Growth Rate (2024 to 2034) 8.1% CAGR
Projected Value (2034F) US$ 20.05 Billion

Anti-infective application of home infusion therapy devices is anticipated to dominate the global market with a prediction of holding a revenue share of 24.1% by 2034. This is attributed to the increasing count of procedures, which are performed for the effective administration of antibiotic and antifungal drugs. In addition, it is also helpful to minimize the chances of exposure of patients with other HAIs (hospital-acquired infections).

Competitive Landscape

Growing use of healthcare technologies for offering improved healthcare services in home settings is anticipated to open up lucrative opportunities for players. Therefore, they are incorporating multiple strategies, such as mergers, acquisitions, new product development, maintaining product quality control, and supplying quality products to respective end users, to get a competitive edge.

For instance :

  • Ivenix, Inc. and Smiths Medical entered into a partnership to deliver a wide range of solutions for infusion management in May 2021 to the United States. This partnership will help companies to enhance patient and administration safety.
  • PromptCare, in March 2021, purchased NBN Infusions, Inc., a provider of respiratory treatment and home infusion services, which is located in New Jersey. The latter specializes in offering infusion treatment to patients with critical conditions.

CVS/Coram, JMS Co. Ltd., BD, Option Care Health, Terumo Corporation, BriovaRx/Diplomat, PharMerica, Smiths Medical, Baxter, Fresenius Kabi, Caesarea Medical Electronics, ICU Medical, Inc., and B. Braun Melsungen AG are some of the key players in the home infusion therapy market.

Segmentation of Home Infusion Therapy Market Research

  • By Product Type :

    • Infusion Pumps
    • Intravenous Sets
    • IV Cannulas
    • Needleless Connectors
  • By Application :

    • Anti-infective
    • Endocrinology
    • Hydration Therapy
    • Chemotherapy
    • Enteral Nutrition
    • Parenteral Nutrition
    • Specialty Pharmaceuticals
  • By Region :

    • North America
    • Europe
    • East Asia
    • Latin America
    • Middle East & Africa
    • South Asia & Oceania

- FAQs -

What is the value of the home infusion therapy market in 2024?

The global home infusion therapy market is poised to reach US$ 36.29 billion in 2024.

How big is the global market expected to be by the end of 2034?

Worldwide demand for home infusion therapy is projected to reach a market value of US$ 83.02 billion by 2034.

At what rate is the demand for home infusion therapy projected to increase?

The market for home infusion therapy is forecasted to expand at 8.6% CAGR from 2024 to 2034.

What is the contribution of North America to global market revenue?

North America is evaluated to account for 35% share of global market revenue by 2034.

At what CAGR is the demand for home infusion therapy devices approximated to rise in Japan?

The market in Japan is estimated to increase at a CAGR of 3.4% from 2024 to 2034.

What is the expected market scenario for infusion pumps?

Revenue from the sales of infusion pumps is projected to reach US$ 39.81 billion by 2034.

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