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What Are the Projected Expansion Rates of the Home Infusion Therapy Market for the Next Decade?

In recent times, there has been a rapid expansion in the size of the home infusion therapy market. The market is anticipated to escalate from $32.15 billion in 2024 to $35.69 billion in 2025, displaying a compound annual growth rate (CAGR) of 11.0%. The expansion during the historic period is credited to factors such as the rising number of the aged populace, an upsurge in patient preference, the growth in chronic diseases, and an inclination towards avoiding hospital visits.

In the coming years, the market size of home infusion therapy is projected to grow swiftly, reaching a value of $52.78 billion in 2029 with a CAGR of 10.3%. This estimated growth during the forecast period can be linked to factors such as the integration of telehealth, an upsurge in personalized medicine, heightened readiness for pandemics, patient empowerment, and increasing adoption of value-based care models. Prominent trends expected during this period encompass advanced infusion appliances, biologic and speciality medications, pediatric home infusion, safety of infusion pumps, and patient enlightenment and instruction.

What Industry-Specific Factors Are Fueling the Growth of the home infusion therapy Market?

Anticipated growth in the home infusion therapy market is likely to be driven by an expanding global population and the resulting surge in food demand. Food, which comprises proteins, carbohydrates, fats and other essential nutrients, plays a crucial role in maintaining growth, life-sustaining processes and energy provision within an organism’s body. This is particularly important for patients receiving home infusion therapy. The rising global population inevitably results in an increased number of elderly people in need of home infusion therapy. For example, data from the United Nations predicts that in the forthcoming 30 years, the world’s population will grow by 2 billion people, from the current 7.7 billion to 9.7 billion by 2050. Additionally, information from Intechnopen, a London-based journal site, projects that global food demand is expected to rise by 70% by 2050. Therefore, this projected growth in population coupled with a consequent surge in food demand is set to drive the expansion of the home infusion therapy market.

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Who Are the Influential Players Fueling Innovation and Growth in the Home Infusion Therapy Market?

Major companies operating in the home infusion therapy market include:

• B. Braun Melsungen AG_x000D_

• Baxter International Inc._x000D_

• Fresenius Kabi AG_x000D_

• Option Care Health Inc._x000D_

• CareCentrix Inc._x000D_

What Impact Are Industry Trends Having on the Home Infusion Therapy Market’s Future Prospects?

Forming strategic alliances and partnerships has become a significant trend in the home infusion therapy market. Major players in this industry are prioritizing collaborations as a way to strengthen their market dominance. An example of this came in April 2022 when CarepathRx, a US pharmacy and medication management solutions provider, formed a partnership with Mount Sinai Health System, an American hospital network. The alliance will broaden the range of patients who can access home infusion treatments throughout the Mount Sinai Health System, which includes eight hospitals and their outpatient facilities.

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Which Key Segments of the Home Infusion Therapy Market Are Poised for Growth and Innovation?

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

Subsegments:

1) By Infusion Pumps: Electronic Infusion Pumps, Ambulatory Infusion Pumps, Volumetric Infusion Pumps

2) By Intravenous Sets: Standard IV Sets, Blood Administration Sets, IV Extension Sets

3) By IV Cannulas: Peripheral IV Cannulas, Central Venous Catheters (CVCs), Midline Catheters

4) By Needleless Connectors: Luer-Lock Needleless Connectors, Valved Needleless Connectors, Non-Valved Needleless Connectors

What Regions Are Leading the Growth Trajectory of the Home Infusion Therapy Market?

North America was the largest region in the home infusion therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the home infusion therapy market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

How Is the Home Infusion Therapy Market Categorized and Defined in the Industry?

Home infusion therapy is a process of subcutaneous or intravenous administration of biologicals or drugs to a person at home. Patients can receive medications through catheters or needles, directly into their veins or under their skin. Home infusion therapies are used to treat individuals at home.

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