Global Outpatient Oncology Infusion Market Revenues To Grow At Nearly 12.4% By 2032 | Nipro Corporation, Terumo Corporation, Smiths Medical, Medtronic PLC

The global Outpatient Oncology Infusion Market was valued at 63.6 billion in 2022 and it is anticipated to grow up to USD 205.3 billion by 2032, at a CAGR of 12.4% during the forecast period.

The outpatient oncology infusion centers offer a variety of treatments such as chemotherapy, blood transfusions, platelet transfusions, IV antibiotics, and hydration and electrolyte replacement. It also provides long-term and short infusion therapy to patients in an appropriate manner.

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Market Trends and Drivers

The market is acquiring significant importance due to increasing technological advancements in infusion pumps. Additionally, the growing demand for outpatient infusion therapy for cancer treatment is anticipated to boost the market expansion. Rise in advanced technology has allowed infusion pumps to exhibit electronic health record integration such as built-in infusion and drug library of list of drugs stored in smart pump's memory. Such advancement helps to prevent medication errors. Further, this advancement has enabled infusion system to connect to the electronic medical record by interoperability software. This provides the ability to communicate and share data accurately, effectively, and securely with different devices.

Market Restraints and Challenges

The key restraints and challenges in the Outpatient Oncology Infusion market include the stringent regulations, the need for a large amount of capital, high cost of treatment, and the lack of awareness among individuals regarding advanced treatment.

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Global Outpatient Oncology Infusion Market Segmentation

By Product

• Infusion Pumps
• Intravenous Sets
• IV Cannulas
• Needleless Connectors

By Application

• Lung Cancer
• Liver Cancer
• Breast Cancer
• Prostate Cancer

Major Players in the Global Outpatient Oncology Infusion Market

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Outpatient Oncology Infusion market include B. Braun Melsungen AG, Baxter, Becton, Dickinson, and Company, Fresenius Kabi, ICU Medical, Inc., IRadimed Corporation, Nipro Corporation, Terumo Corporation, Smiths Medical, Medtronic PLC, Roche Diagnostics, and Teleflex, Inc., among others.

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Reasons to buy Outpatient Oncology Infusion Market Report:

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