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The global home infusion therapy market size was USD 41.36 billion in 2020. The market is projected to grow from USD 34.54 billion in 2021 to USD 54.82 billion in 2028, growing at a CAGR of 6.8% in the 2021-2028 period.

A new research publication focusing on “Home Infusion Therapy Market” has been released by Fortune Business Insights. This extensive industry report provides an introduction to new trends that can help businesses in the Home Infusion Therapy Market industry understand the market and develop growth strategies accordingly. The report examines the market scope, industry segments, key drivers for development, major segments, and SWOT analysis.

For More Information: https://www.fortunebusinessinsights.com/home-infusion-therapy-market-102989

Information about the report:

  • Forecast Timeframe: 2021-2028
  • The starting year is 2021
  • Market Size in 2021: USD 34.54 billion
  • The market size in 2028 will be USD 54.82 billion
  • CAGR: 6.8%
  • Segments Included: By Product, Indication and geographic region

Top Key Vendors of this Home Infusion Therapy Market are:

  • Option Care Health Inc. (Illinois, U.S.)
  • Optum, Inc. (Minnesota, U.S.)
  • CareCentrix, Inc. (Hartford, U.S.)
  • Lincare Holdings Inc. (Florida, U.S.)
  • BriovaRx Infusion Services (Houston, U.S.)
  • Fresenius SE & Co. KGaA (Bad Homburg, Germany)
  • Baxter International (Deerfield, Illinois, U.S.)
  • B. Braun Melsungen AG (Melsungen, Germany)
  • Terumo Corporation (Tokyo, Japan)
  • Moog Inc. (New York, U.S.)

Market Drivers:

The prevalence of chronic diseases globally is on the rise, with conditions such as chronic immune deficiencies, cancer, diabetes, and congestive heart failure becoming increasingly common. According to the World Health Organization (WHO), approximately 133 million Americans, which is 40% of the total population, are affected by chronic diseases. As a result, there is a growing number of patients who require infusion therapy, including those receiving treatment at home.

One of the reasons for the increasing demand for home infusion therapy is the recognition of the benefits associated with this treatment modality. Home treatment allows patients to receive necessary care in the comfort of their own homes, reducing the need for hospital visits and providing convenience and comfort. Additionally, advancements in technology have led to the development of devices designed specifically for home use, further fueling the demand for home infusion therapy.

Considering these factors, the demand for home infusion therapy is expected to continue to grow globally in the coming years. 

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Regional Analysis for Home Infusion Therapy Market:

The home infusion therapy market in North America was valued at USD 16.90 billion in 2020. This can be attributed to the rapid adoption of therapy and the presence of key players in the region. Additionally, there has been a significant increase in the number of patients opting for infusion therapy at home, which is expected to further stimulate the market growth in North America. According to a report published by Becker's Healthcare in 2019, the number of patients receiving house infusions in the U.S. has increased by 300% in the last decade, with approximately 3 million patients receiving house infusions for various indications.

In Europe, the market for home infusion therapy is projected to experience substantial growth. This can be attributed to factors such as the rising geriatric population, the growing burden of chronic diseases, and the increasing number of initiatives by the government and market players towards promoting home infusion therapy in the region. For instance, in January 2021, Eitan Medical, a global leader in advanced infusion therapy and drug delivery solutions, launched a U.K. operation to enhance support for its Sapphire infusion pump customers, including NHS trusts, private hospitals, and home-care providers.

With the increasing demand for home infusion therapy and the development of innovative solutions, the home infusion therapy market is expected to continue its growth trajectory in both North America and Europe. 

Report contents include:

  • Historical data and forecast.
  • Analysis of the Home Infusion Therapy Market market including revenues, future growth, market outlook.
  • Regional analysis including growth estimates.
  • Analyzes the end user markets including growth estimates.
  • Profiles on Home Infusion Therapy Market including products, sales/revenues, and market position.
  • Market structure, market drivers, and restraints.

Speak To Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/102989

Important Features of the reports:

Detailed analysis of the Home Infusion Therapy Market.

Fluctuating market dynamics of the industry.

Detailed market segmentation.

Historical, current, and projected market size in terms of volume and value.

Recent industry trends and developments.

Competitive landscape of the Home Infusion Therapy Market.

Strategies of key players and product offerings.

Potential and niche segments/regions exhibiting promising growth.

Ask For Customization: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/102989

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About us:

Fortune Business Insights™ provides accurate data and innovative enterprise analytics to help organizations of all sizes make better decisions. We tailor novel solutions for our clients to help them meet a variety of unique business challenges. Our aim is to provide a detailed overview of the markets in which they operate to provide holistic market intelligence.

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Fortune Business Insights Pvt .

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Email: sales@fortunebusinessinsights.com

 

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