The demand in home infusion therapy market reached US$ 31 Bn in 2021 and overall sales are projected to expand by 2.4x through 2022 & beyond. Growth in underpinned by increasing prevalence of chronic illnesses, propelling the demand for transparency in the quality of care and remote patient management.
Based on these factors, the market is likely to witness exponential growth, creating remunerative prospects for the market over the upcoming decade. In addition to this, easy availability of these home infusion therapy devices will contribute to the growth in the market.
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Moreover, healthcare industry is witnessing rapid technological advancements. Consequently, introduction of advanced intravenous devices in the sector is projected to increase the sales in home infusion therapy market.
Also, availability of several favorable government policies favoring the treatment for geriatric population to cover their medical expenses will propel the growth in the market. Furthermore, rising preference for home care to lower the medical expenses and increase patient mobility is estimated to bolster the sales in the market.
| Report Attributes | Details |
| Base Year Value (2021A) | US$ 31 Bn |
| Projected Year Value (2032F) | US$ 76 Bn |
| Global Growth Rate (2022-2032) | CAGR 8.6% |
Key Takeaways:
Growth Drivers:
Restraints:
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Competitive Landscape:
Leading players operating in the global home infusion therapy market are focusing on introducing advanced healthcare technologies to improve healthcare services. They are also adopting strategies such as mergers, acquisitions, collaborations, and partnerships to gain a competitive edge in the market.
For instance,
Key Companies Profiled by Fact.MR
More Valuable Insights on Home Infusion Therapy Market
Fact.MR, in its report, offers a market analysis on the global home infusion therapy market providing unbiased analysis for the forecast period of 2022 to 2032. This survey also reveals key growth prospects and major trends affecting the sales in the home infusion therapy market. To gain a better understanding, the market is segmented on the basis of:
By Product Type:
By Application Type:
By Region:
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Key Questions Covered in the Home Infusion Therapy Market Report
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