Home Infusion Therapy Market Size, Technology, Devices, Challenges 2028

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, with a CAGR of 6.8% in the 2021-2028 period.

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, with a CAGR of 6.8% in the 2021-2028 period.

Home Infusion Therapy Market Report added recently by Fortune Business Insights, evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. The study also delivers a precise summary that illustrates the competitive, growth opportunities and application landscape of the Home Infusion Therapy Market depending on the industry's financial and non-financial impact. The complete range of information related to the Global Home Infusion Therapy Market is obtained through various sources and this obtained bulk of the information is arranged, processed, and represented by a group of specialists through the application of different methodological techniques and analytical tools such as SWOT analysis to generate a whole set of trade-based study.

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Market Drivers:

- Regulations by the Centres for Medicare Medicaid Services (CMC) allowed virtual patient visits, which may slightly hinder the uptake of home infusion therapy.
- Rising prevalence of chronic diseases and a growing geriatric population are fueling demand for home infusion therapy.
- The absence of reimbursement policies in some developing countries is a restraining factor.

Competitive Analysis:

The key players are highly focusing on innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in optimal strategies. Some of the players 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.)

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Key Highlights:

- COVID-19 positively impacted the demand for home-care therapy globally.
- The market showed a remarkable growth of 51.8% in 2020 compared to the average year-on-year growth during 2017-2019.
- The rise in preference for homecare, particularly for infusion treatment, and the development of infusion healing devices for home use are key factors driving market growth.
- The pandemic led to an increase in the number of patients receiving infusion therapy at home.
- The market is segmented into devices, drugs, and services, with the drug segment holding the largest market share in 2020.
- North America led the market in 2020, while Asia Pacific is expected to witness the highest growth during the forecast period.
- Key industry players include Option Care Health Inc., Optum, Inc., CareCentrix, Inc., CVS Health, and more.
- Companies are focusing on expanding their geographical footprints, introducing new services, and collaborating to provide access to patients.

The industry report covers the following data points:

Section 1: This section covers the global Home Infusion Therapy Market overview, including the basic market introduction, market analysis by its applications, type, and regions. The major regions of the global Home Infusion Therapy Market industry include North America, Europe, Asia-Pacific, and the Middle East and Africa. Home Infusion Therapy Market industry statistics and outlook (2022-2028) are presented in this section. Market dynamics states the opportunities, key driving forces, and market risk are studied.

Section 2: This section covers the Market manufacturer's profile based on their business overview, product type, and application. Also, the sales volume, market product price, gross margin analysis, and share of each player is profiled in this report.

Sections 3 and 4: These sections present the market competition based on sales, profits, and market division of each manufacturer. It also covers the industry scenario based on regional conditions.

Sections 5 and 6: These sections provide forecast information related to Home Infusion Therapy Market (2022-2028) for each region. The sales channels include direct and indirect Marketing, traders, distributors, and development trends are presented in this report.

Sections 7 and 8: In these sections, Industry key research conclusions and outcomes, analysis methodology, and data sources are covered.

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