Home Infusion Therapy Market To Grow USD 28.5 Billion by 2024 Posted by Gomez011 on August 18th Daniel Torres Colombia Jersey , 2017
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 garner added sales.
Alternate site & home services have increased due to the advantages of home infusion. The same, coupled with familiarity with such treatments Cristian Zapata Colombia Jersey , 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.
Browse Details of Report @ , 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.
Needleless connectors and infusion pumps constitute market products. Infusion pumps captured significant shares in 2015. They are widely adopted for nutrient & medicine delivery and preferred over manual drug delivery. The former would display over 9 percent CAGR during 2016 to 2024. Work safety at hospitals & other medical institutions due to HIV & Hepatitis transmission (from blood transfusions & needle stick injuries) drive the demand for this product.
Geographies consist of Europe Cristian Bonilla Colombia Jersey , Asia Pacific, North America, Middle East & Africa, and Latin America. North America led the market in 2015. It had over 45 percent shares that year. Asia Pacific should grow at the fastest CAGR in the near future. Key participants in the worldwide home infusion therapy market are Baxter, Inc.; CareFusion Corporation; ICU Medical, Inc.; and Terumo Corporation.
Brazil Printed Circuit Board to Surge at a Robust Pace in Terms of Revenue Over 2024
Our latest research report on Printed Circuit Board Market in Brazil provides a comprehensive and deep insights into the market dynamics and growth of printed circuit board market in India. Latest information on market risks, industry chain structure, printed circuit board cost structure and opportunities are studied in this report. A wide range of applications and printed circuit board types are also studied with the help of primary and secondary research methodologies. The past, present and forecast market information will lead to investment feasibility by studying the crucial printed circuit board growth factors.
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