Scope of the Study
The global Infusion Therapy market is expected to witness high demand in the forecasted year due to a rise in the number of people suffering from chronic pain, cancer, and diabetes. Infusion therapy is the most adopted pain-relieving treatment method mainly used in oral medication is the least effective. In this therapy, the drug is usually administered intravenously or subcutaneously.owing to the innovation in various technologies, patients are switching from conventional treatments to specialized infusion therapy treatments as the results are more effective. Infusion Therapy is various treatment including diabetes, gastrointestinal diseases, various kinds of cancer and many others. Additionally, infusion therapy includes administrative services, patient education services, care coordination, and pharmacy services. These factors mentioned above boost the growth of the global market.
The market study is being classified by Type (Intravenous Set, Needleless Catheter and Infusion Pump), by Application (Chemotherapy, Diabetes, Hydration Therapy, Inotropic Therapy, Pain Management, HIV, Post-Transplant Therapies, Total Parenteral Nutrition, Hemophilia and Others) and major geographies with country level break-up.
Gentiva Health Services (United States), American Home Patient (United States), Lincare Holdings, Inc. (United States), Apria Healthcare. (United States), ContinuumRx (United States), BioScrip, Inc. (United States), CareCentrix, Inc. (United States), Coram LLC (United States), Medical Services of America, Inc. (United States) and Cleveland Clinic (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Option Care Enterprises, Inc. (United States), Allina Health (United States), ICU Medical, Inc. (United States), Hospira, Inc.(United States), B. Braun Melsungen AG (Germany), Caesarea Medical Electronics (Israel), JMSCo. Ltd., Baxter (United States), Novartis (Switzerland) and Roche Diagnostics (Switzerland).
The global infusion therapy market is highly competitive. to survive in the competitive market, key players adopted advanced healthcare technology for improved healthcare services. Furthermore, in order to retain market share and diversify its product portfolio, major players often adopt strategies such as mergers, acquisitions, and new product launches. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Infusion Therapy market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Infusion Therapy market by Type, Application and Region.
On the basis of geography, the market of Infusion Therapy has been segmented into 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). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Aging Population
- High Adoption due to Rising Number of Chronic Diseases
- Technological Advancements in Infusion Devices
- Growing Risk to Patient Safety and Occurrence of Mistakes while using Infusion Devices
- increase in application areas of infusion therapy such as Rheumatoid Arthritis, Crohn’s Disease, Immune deficiencies, Hemophilia, and Multiple Sclerosis
- Issues Related to Reimbursement Policies
Key Target AudienceGovernment Regulatory Bodies, Government Research Organisation, Government Research Organisation, Private Research Organisation and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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