Home Infusion Therapy Market to Touch USD 86.89 Billion by 2027; Rising Prevalence of COVID19 Pandemic to Promote Growth

The global home infusion therapy market size is likely to USD 86.89 billion by the end of 2027 owing to the increasing adoption of home medical services worldwide. In a home infusion therapy setting, a patient receives all medical assistance at home including drugs and biologics via a subcutaneous or an intravenous administrative route. According to a recent report by Fortune Business Insights titled, “Home Infusion Therapy Market Size, Share & Industry Analysis, By Product (Devices, Drugs, and Services) By Indication (Anti-Infective, Chemotherapy, Hydration Therapy, Enteral Nutrition, Total Parenteral Nutrition, Immunoglobulin Therapy, and Others), and Regional Forecast, 2020-2027,” the value of this market was USD 27.25 billion in 2019 and is expected to grow at a CAGR of 2.2% between 2020 and 2027.

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Fortune Business Insights™ lists out the names of market manufacturers. They are as follows:

Optum, Inc.
Infusystem
Option Care Health Inc.
Moog Inc.
CareCentrix, Inc.
Braun Melsungen AG
Lincare Holdings Inc.
Baxter
Promptcare
BriovaRx Infusion Services
Other players

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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The Report Answers the Following Queries

What is the nature of the market and how fierce is its competition?
What are the key industry insights to the market?
What strategies are adopted by players to gain momentum in the market?
How is the COVID19 pandemic helping the market to grow?

Drivers & Restraints-

Lockdowns Amid COVID-19 Pandemic to Bode Well for the Market

The increasing prevalence of the geriatric population and their vulnerability towards chronic diseases such as cancer, diabetes, and cardiac issues among others stands as major home infusion therapy market devices. In addition to this, the increasing cases of hospital-acquired infections are also propelling people to opt for medical services at home. This, coupled with cost-efficient home treatment faster recovery at home than hospital are likely to bode well for the market.

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