Home Infusion Therapy Market Size, Outlook By Industry Analysis, Business Growth by 2024–2032
The global home infusion therapy market, valued at USD 41.36 billion in 2020, is forecasted to grow to USD 54.82 billion by 2028, at a CAGR of 6.8% during the 2021–2028 period.
In a recent study, Fortune Business Insights presents the nitty-gritty of the global Home Infusion Therapy Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Home Infusion Therapy Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research 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 Dynamics
Increasing Prevalence of Chronic Diseases to Accelerate Market Growth
In recent years, the number of chronic diseases including cancer, congestive heart failure, chronic immunodeficiency, diabetes, etc. has multiplied multiple times. The World Health Organization (WHO) estimates that about 133 million people, or about 40% of the total population in Korea, suffer from chronic diseases. Therefore, increasing prevalence of chronic diseases is expected to drive the growth of the global home infusion therapy market in the US. In addition, the increase in the elderly population is likely to supplement the growth of the market.
The increasing prevalence of nosocomial infections is fueling the growth of the home infusion therapy market. The Centers for Disease Control estimates that about 1.7 million patients contract hospital-acquired infections each year. This is boosting the demand for personalized intravenous infusion therapy which is expected to be a significant driver for the market growth.
In addition, growing consumer inclination toward home healthcare is expected to significantly accelerate the market growth.
However, the growth of the home infusion therapy market may slow in the coming years due to limited reimbursement for home treatment.
The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Crucial insights in the Home Infusion Therapy Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Home Infusion Therapy Market.
- Basic overview of Home Infusion Therapy Market, including market definition, classification, and applications.
- Scrutinization of each Home Infusion Therapy Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Home Infusion Therapy Market across various industries.
- Important regions and countries offering lucrative opportunities to Home Infusion Therapy Market stakeholders.
Segmentation Analysis:
By Product
Devices
Drugs
Services
By Indication
Anti-Infective
Chemotherapy
Hydration Therapy
Enteral Nutrition
Total Parenteral Nutrition
Immunoglobulins
Others
Important regions covered in the Home Infusion Therapy Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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