Market revenue in 2023 | USD 19,078.9 million |
Market revenue in 2030 | USD 31,787.2 million |
Growth rate | 7.6% (CAGR from 2023 to 2030) |
Largest segment | Anti-infective |
Fastest growing segment | Chemotherapy |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anti-Infective, Endocrinology, Hydration Therapy, Chemotherapy, Enteral Nutrition, Parenteral Nutrition, Specialty Pharmaceuticals |
Key market players worldwide | CVS Group PLC, Walgreens Boots Alliance Inc, UnitedHealth Group Inc, BrightSpring Health Services Inc, Fresenius Medical Care AG, ICU Medical Inc, B. Braun Medical, Baxter International Inc, BD, Smiths Group PLC, Terumo Corp, Caesarea Medical Electronics |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home infusion therapy market will help companies and investors design strategic landscapes.
Anti-infective was the largest segment with a revenue share of 27.03% in 2023. Horizon Databook has segmented the U.S. home infusion therapy market based on anti-infective, endocrinology, hydration therapy, chemotherapy, enteral nutrition, parenteral nutrition, specialty pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. holds a major share of the North American home infusion therapy market owing to factors such as rising number of government programs & initiatives to promote awareness about the benefits of home infusion therapy. The benefits include cost efficiency, safety, and improved mobility. The larger market share of the country can be attributed to the presence of traditional short-term infusion therapies.
In addition, increasing need for long-term therapies by patients is driving market growth in the U.S. The expanding patient pool in the U.S. can be attributed to the rising geriatric population requiring sustained therapy and improved access to healthcare needs. Home healthcare offers benefits such as reduced healthcare cost and enhanced patient mobility, among others. Due to this, patients, nowadays, prefer home healthcare over acute care settings, resulting in high penetration of alternate site and home infusion services. Moreover, availability of high-quality home infusion products and presence of an extensive pipeline of infusible drugs are contributing to market growth.
Moreover, according to Biologics Price Competition and Innovation Act (BPCI Act), March 2020 onwards, all biologics will be required to be submitted and approved via BLA and even pending, tentatively approved 505(b) 2 applications will not be accepted by the FDA post March 23rd, 2020. Moreover, all the biologics previously approved via NDA and approved marketing applications will be “deemed to be a license” as per Section 351 of the PHS Act. Such complex and rigorous regulations are anticipated to increase the regulatory process for infusion systems.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. home infusion therapy market , including forecasts for subscribers. This country databook contains high-level insights into U.S. home infusion therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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