Global home infusion therapy market

Home Infusion Therapy Market Size, Share, Growth Analysis, By Product (Infusion Pumps, Intravenous Sets), By Application (Anti Infective, Endocrinology, Hydration Therapy), By Administration, By Region - Industry Forecast 2025-2032


Report ID: SQSG35J2007 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 67 | Figures: 75

Home Infusion Therapy Market Insights

Home Infusion Therapy Market size was valued at USD 45.41 Billion in 2023 and is poised to grow from USD 47.51 Billion in 2024 to USD 68.22 Billion by 2032, growing at a CAGR of 4.63% during the forecast period (2025-2032).

It is now more affordable for patients to receive care at home as opposed to in a hospital or other care facilities. It has decreased hospital expenses, which is a major factor in increasing the demand for this treatment worldwide. Some important aspects that are expected to drive the market include the growing advancements in infusion healing devices intended for home use and the increase in patient preference for homecare, particularly for infusion treatment. Many nations postponed or delayed all elective surgeries due to the ongoing coronavirus outbreak. The main causes include hospitals being overloaded with COVID-19 patients and most resources being redirected to combat the pandemic. 

As a result, several patients switched to home-based treatment in order to continue receiving infusion therapies. Numerous home infusion service providers, like Option Care Health Inc., are collaborating with hospitals to make it easier for patients to obtain treatment in home care settings. Furthermore, in order to create a personalised development care plan and offer patients who require infusion therapy at home specialised medications and supplies, the house infusion service providers are forming a solid network with pharmacies. The need for home infusion supplies and services has increased as a result of these reasons, particularly in industrialised nations.

US Home Infusion Therapy Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Home Infusion Therapy Market size was valued at USD 35.4 billion in 2022 and is poised to grow from USD 38.5 billion in 2023 to USD 71.8 billion by 2031, growing at a CAGR of 8.1% during the forecast period (2024-2031). 

The competitive landscape of the global home infusion therapy market outlook is characterized by the presence of numerous established players and emerging companies focusing on innovative solutions. Some of the major foreign players are Baxter International, B. Braun Melsungen AG, Smiths Medical, and Fresenius Kabi. These companies are continually working to create new infusion devices which enhance the safety and comfort of patients, while also widening their range of products. Strategic alliances and technological developments are among the key drivers of competition and market growth in this dynamic sector. 'Baxter International Inc. (USA) ', 'Fresenius Kabi AG (Germany) ', 'Teva Pharmaceutical Industries Ltd. (Israel) ', 'McKesson Corporation (USA) ', 'Option Care Health (USA) ', 'AmerisourceBergen Corporation (USA) ', 'CVS Health (USA) ', 'Walgreens Boots Alliance (USA/UK) ', 'Cardinal Health (USA) ', 'Linde plc (UK) ', 'Centene Corporation (USA) ', 'UnitedHealth Group (USA) ', 'Anthem, Inc. (USA) ', 'Humana Inc. (USA) ', 'Cigna Corporation (USA) ', 'Koninklijke Philips N.V. (Netherlands) ', 'Smiths Medical (UK) ', 'ICU Medical, Inc. (USA) ', 'Terumo Corporation (Japan) ', 'BD (USA)'

The rising prevalence of chronic diseases, such as diabetes, cancer, and cardiovascular disorders, is a significant driver of the global home infusion therapy market size. With the increasing number of people needing chronic care and medication, home infusion therapy is one of the simplest and most effective options that reduce hospital visits and increase comfort levels of patients. 

Shift Towards Patient-Centric Care: The global home infusion therapy market trends will soon evolve to emphasize patient-centered care by increasing patient-specific treatment plans. This trend is influenced by the increasing desire for ease and comfort thus enabling patients to control chronic diseases from the home setting with minimal hospital visits and lower care costs. 

The global home infusion therapy market is largely dominated by North America due to a number of reasons such as the presence of developed healthcare systems, high technological adoption rates and an increase in the population that is elderly and suffers from chronic medical illnesses that need continuous care. New devices such as smart pumps and continuous glucose monitors that have emerged into the market are helping improve patient compliance and also assist in management of blood sugar levels. In fact, self-management and cost-effective care are on the rise leading to the need for better home infusion therapies for the patients. North America’s home infusion therapy market share is fueled by the presence of key market players and continuous infusion technology advancements. 

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Global home infusion therapy market

Report ID: SQSG35J2007

$5,300
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