Home Infusion Therapy Market Size, Share, Growth Analysis, By Indication Analysis(Enteral Nutrition, Anti-Infective, Chemotherapy, Parenteral Nutrition), By Product Analysis(Devices, Drugs, Services), By Region - Industry Forecast 2024-2031

Home Infusion Therapy Market size was valued at USD 43.35 billion in 2019 and is poised to grow from USD 45.41 billion in 2023 to USD 65.2 billion by 2031, growing at a CAGR of 4.63% in the forecast period (2024-2031).

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.