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Home Infusion Therapy Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
“In 2015, the global infusion market was valued at USD 13.0 billion. The change in the lifestyle of the people is enhancing the growth of the global infusion market”
26 April 2019, The worldwide home infusion therapy market is projected at USD 28.5 billion by 2024. It stood nearly USD 13.5 billion in 2015. This growth can be attributed to emphasis on ‘home infusion cost -containment’ as compared to ‘in-patient settings.’ Additionally, long-term savings for chronic ailments linked to the therapy should propel market sales in the forecast period (2016 to 2024). The elderly, in general, are more prone to chronic illnesses and often need infusion. So, rise in geriatric base also drives market growth. Demand for ‘home healthcare’ facilities from patients suffering chronic conditions & disabilities fuels market incomes. Surging demand for lowering readmissions & in-patient stays has led market participants to adopt competitive strategies. This has prompted home infusion devices to ga rner added sales. Get Sample Copy of this Report @ https://www.hexaresearch.com/research-report/home-infusion-therapymarket/request-sample Alternate site & home services have increased due to the advantages of home infusion. The same, coupled with familiarity with such treatments, is also anticipated to drive the market till 2024. Moreover, availability of infusible drugs owing to heavy research & developments by market players provides lucrative prospects. Product initiatives & advancements also contribute market revenues. Furthermore, home infusion helps patients avoid hospital acquired infections, thereby propelling the market. The market is split by applications, products, and geographies. Applications comprise parenteral nutrition and anti-infective. The latter occupied shares exceeding 27 percent in 2015. Its ‘IV push’ procedure has gained recognition and may grow further.
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