Home Infusion Therapy Market: In-Depth Analysis of Growth Drivers, Trends, and Future Prospects

The new report published by The Business Research Company, titled "Home Infusion Therapy Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the home infusion therapy market size has grown rapidly in recent years. It will grow from $28.68 billion in 2023 to $31.95 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The home infusion therapy market size is expected to see rapid growth in the next few years. It will grow to $47.43 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.

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Rising Global Population And Increased Food Demand Fueling Growth In The Home Infusion Therapy Market
The increasing population and consequent rise in food demand are expected to propel the growth of the home infusion therapy market moving forward. Food refers to the substance consisting of protein, carbohydrates, fat, and other nutrients that are used in the body of an organism for sustaining growth and vital processes and furnishing energy. Food is the essential factor for the patients undergoing home infusion therapy, and the increasing population led to an increase in the number of aged people who require home infusion therapy. For instance, according to United Nations data, the world's population has been expected to increase by 2 billion people in the next 30 years, from 7.7 billion currently to 9.7 billion in 2050. Moreover, according to Intechnopen data, a London-based journal website, the global demand for food has been expected to increase by 70% by 2050. Therefore, the increasing population and consequent rise in food demand will drive the growth of the home infusion therapy market.

Strategic Partnerships And Collaborations Reshaping The Home Infusion Therapy Market
Strategic partnerships and collaborations have emerged as the key trend gaining popularity in the home infusion therapy market. Major companies operating in the home infusion therapy sector are focused on partnerships to reinforce their position in the market. For instance, in April 2022, CarepathRx, a US-based pharmacy, and medication management solutions, partnered with Mount Sinai Health System, a US-based hospital network. This partnership allows expanding patient access to home infusion therapies across the Mount Sinai Health System, encompassing its eight hospitals and ambulatory footprint. Furthermore, in December 2021, CarepathRx, a US-based pharmacy, and medication management solutions, partnered with the University of Chicago Medicine (UChicago Medicine), a US-based academic medical center. This partnership allows CarepathRx to provide comprehensive home and specialty infusion services to the academic health system's growing patient population. It also helps UChicago Medicine to extend its clinical reach into the home and ambulatory setting.

The home infusion therapy market covered in this report is segmented -

1) By Product: Infusion Pumps, Intravenous Sets, IV Cannulas, Needleless Connectors
2) By Administration: Intramuscular, Subcutaneously, Epidural
3) By Application: Total Parenteral Nutrition​, Anti-infective Therapy, Enteral Nutrition, Hydration Therapy, Chemotherapy, IVIg or Specialty Pharmaceuticals, Other Applications
4) By End User: Patients, Nurse, Hospitals, Other End Users

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Major companies operating in the home infusion therapy market include B. Braun Melsungen AG, Baxter International Inc., Eli Lilly and Company, Fresenius Kabi AG, Option Care Health Inc., CareCentrix Inc., Caesarea Medical Electronics Ltd., JMS Co. Ltd., Terumo Corporation, Smiths Medical ASD Inc., Optum Inc., CVS Health Corporation, KabaFusion Holdings LLC., PromptCare Companies, Nipro Corporation, ICU Medical Inc., Becton Dickinson and Company, Ascension at Home with Compassus, Barnes Healthcare Services Inc., BayCare HomeCare Inc., ARJ Infusion Services Inc., Beacon Infusion Healthcare Services LLC., CarepathRx LLC., Coram CVS Specialty Infusion Services, CSI Pharmacy LLC., Fairview Home Infusion, Healix Infusion Therapy Inc., InfuCare Rx Inc., Integrated Home Care Services Inc., IVX Health Inc., Kroger Specialty Infusion, Metro Infusion Center, National Pharmacy Services LLC., Nations Home Infusion LLC., Oso Home Care LLC., Palmetto Infusion Services LLC., Penn Home Infusion Therapy, The PharmaCare Network Inc., PICC Lines Plus LLC., Premier Infusion Care LLC., Basic Home Infusion Inc.

Contents of the report:
1. Executive Summary
2. Home Infusion Therapy Market Report Structure
3. Home Infusion Therapy Market Trends And Strategies
4. Home Infusion Therapy Market - Macro Economic Scenario
5. Home Infusion Therapy Market Size And Growth
…..
27. Home Infusion Therapy Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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