Home Infusion Therapy Market worth $30.4 billion in 2026
" COVID-19 Impact on Home Infusion Therapy Market, size, share, growth, and forecast 2020-2026 "
Home infusion therapy is the therapy involves infusing medication through pumps for some specific therapy and commonly used needles are used via intravenous application where a patient takes this therapy in the comfort of home.
The major factors driving the market growth are the growing incidence of chronic diseases, user-friendly infusion pumps with advanced technology, and growing incidences of hospital-acquired infections. Government regulations and policies also provide significant opportunities for market growth. However, unfavorable reimbursement policies in home infusion therapy are constraints for market growth.
In addition, the widely spreading COVID-19 Pandemic all over the world is the major factor enhancing the market growth where the preference of homecare facilities has increased. Large numbers of patients are opting for home infusion therapy in this pandemic situation.
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The report titled “Home Infusion Therapy Market by Product, Application, and Geography” is an in-depth market study aimed at providing actionable insights to readers. The five major players in the home infusion therapy market are as follows Baxter Inc, ICU Medical Inc., Smith’s Medical, and Abbott Laboratories. This offers an in-depth analysis of the market competitors, key challenges facing the market, and rising opportunities.
North America is the greater contributor in the home infusion therapy market growth due to the increase in the geriatric population, increased home healthcare devices, high expenditure in the healthcare industry, and the unhealthy lifestyle leads to the growing chronic diseases such as cancer, diabetes and immune deficiencies in this region. The Asia Pacific is also projected to emerge as a high growth market due to the increased awareness about home infusion therapy benefits and growing disposable income in this region.
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The report consists of 75 Tables and 87 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name.
The Home infusion therapy market scope is defined based on product, application and geography
Based on Product:
- Infusion Pumps
- Intravenous Sets
- IV Cannulas
- Needleless Connectors
Based on Application:
- Enteral nutrition
- Hydration Therapy
- Parenteral Nutrition
- Specialty Pharmaceuticals
Based on Geography:
- North America
- Asia Pacific
- Rest of the World