AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Infusion Pharmacy Management market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Infusion Pharmacy Management market to grow at a CAGR of 6.54% to aggregate USD15765.8 Million by 2024.
The Distribution Channel, such as Direct, is boosting the Infusion Pharmacy Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Infusion Pharmacy Management market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Prevalence of Pain Related Disorder & Diseases such as Cancer & Diabetes, Ease of the Services Provided by Infusion Pharmacy Treatment such as Home Infusion by Providing Doorstep Service and Increasing Geriatric Population. †
Infusion therapy is recommended to only those patients who are in critical condition or not in a situation to consume oral medication. Infusion Pharmacy basically is the process of infusion of antifungal, antibiotic, antiviral, pain management and nutritional drug through needle or catheter. The diseases which include infusion pharmacy treatment are cancer, diabetes, GI disorder, and pain related disorders are generally treated with infusion medication system. This type of treatment can also be administered at home by providing doorstep services. Home infusion pharmacy management is more cost-effective than hospital infusion pharmacy management as it requires more professional nursing facilities. Further, an increasing number of chronic disorders and growing healthcare spending by the government to treat such disorders is propelling market growth.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Infusion Pharmacy Management market by Type (Antibiotics, Antimicrobial, Pain Management, Enteral Nutrition and Others), by Application (Hospital & Clinic, Ambulatory Surgical Centers and Home Care) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market