Press release
Home Infusion Therapy Industry: Forecasting Patient-Centric Healthcare Delivery (2023-2033)
Needless connections, infusion pumps, and intravenous sets are some of the infusion equipment that is frequently used for the administration of drugs. The market for home infusion therapy equipment was worth $15,905.1 million in 2014. By 2020, the market is anticipated to reach US$ 26,747 million, growing at a 9% CAGR from 2014 to 2020.The Home Infusion Therapy market is poised for significant growth, promising enhanced convenience and improved patient outcomes in the realm of home-based healthcare. This emerging field offers a range of medical treatments and therapies delivered directly to patients in the comfort of their own homes, revolutionizing the way healthcare is administered. The advancements in home infusion therapy have the potential to reshape the landscape of patient care, providing a seamless and efficient alternative to traditional healthcare settings.
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Home infusion therapy encompasses a wide array of treatments, including intravenous medications, antibiotics, pain management, hydration, and nutrition therapies. The convenience and comfort associated with receiving these treatments at home not only enhance the overall patient experience but also contribute to better clinical outcomes. Patients can now avoid frequent hospital visits, reducing the risk of exposure to infections and improving their quality of life. Additionally, home infusion therapy allows for personalized care and close monitoring, ensuring that patients receive tailored treatment plans and timely interventions.
The growing demand for home infusion therapy is driven by various factors, such as the rising prevalence of chronic diseases, an aging population, and the increasing preference for home-based care. Patients and their families value the flexibility and convenience of receiving treatments at home, as it empowers them to actively participate in their healthcare journey. This market expansion opens up new opportunities for healthcare providers, infusion therapy companies, and medical professionals to collaborate and innovate, ultimately improving patient care and outcomes.
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As the home infusion therapy market flourishes, it is essential for all stakeholders in the healthcare industry to collaborate and support this transformative approach to patient care. Investments in research and development, technological advancements, and robust regulatory frameworks are crucial to ensure the safe and effective delivery of home-based treatments. By embracing the potential of home infusion therapy, we can unlock a new era of healthcare, one that prioritizes patient convenience, improves outcomes, and empowers individuals to lead healthier lives.
Companies Covered in This Report -
• Hospira, Inc.
• B. Braun Melsungen AG.
• Caesarea Medical Electronics.
• Fresenius Kabi AG.
• Smiths Medical.
• CareFusion Corporation.
• ICU Medical, Inc.
• JMS Co. Ltd.
• Baxter.
• Terumo Corporation.
• Other.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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