Global Outpatient Infusion Therapy Service Market Opportunities and Forecast 2023-2030

Outpatient Infusion Therapy Service Market Overview

The global Outpatient Infusion Therapy Service market is expected to grow at a moderate rate during the forecast period. Growing awareness and demand for outpatient infusion therapy services in the healthcare sector is boosting the growth of the global Outpatient Infusion Therapy Service market. An increasing number of technological services leads to expand the growth of the market.
 
Moreover, governments in many countries are supporting and taking initiatives for the adoption of infusion therapy in the healthcare sector, which is the important factor expected to boost the growth of the Outpatient Infusion Therapy Service market in near future. In addition to this, growing health care expenditure is further driving the expansion of this market globally.
 
On the other hand, a lack of awareness among patients and the high cost of infusion therapy for healthcare along with the challenges associated with the handling is likely to hamper the global Outpatient Infusion Therapy Service market during the forecast period.
 
Covid-19 Impact on Outpatient Infusion Therapy Service Market:
 
In addition, the current Outpatient Infusion Therapy Service Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Outpatient Infusion Therapy Service Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
 
Outpatient Infusion Therapy Service Market Segment Overview

According to Product types, the market is segmented into Long-term Therapy, and Short-term Therapy. Among these long-term therapy is expected to gain highest revenue during the forecast period. In addition, this owes to the surge in incidences of chronic conditions would help the segment gain traction in the coming years.

Based on application, the market is segmented into Hospital, Clinics and Others. In addition, hospital segment are expected to grow at the highest rate in the coming years. In addition surge in number of incidences of chronic conditions which need infusion therapy for management boosting the demand for Outpatient Infusion Therapy Service globally.

Market Analysis, Insights and Forecast – By Product
·       Long-term Therapy
·       Short-term Therapy

Market Analysis, Insights and Forecast – By Application
·       Hospital
·       Clinics
·       Others
 
Outpatient Infusion Therapy Service Market Regional Overview

Region-wise, North America dominated the global Outpatient Infusion Therapy Service market and is expected to continue its dominance during the forecast period. Factors such as the rising number of individuals unable to respond to oral medications in the healthcare sector, and high health care expenditure propels the growth of the market in North America. Similarly, Asia Pacific is also expected to account for the fastest growth in the global market owing to well-established health care infrastructure. Factors such as development in the health care infrastructure, rising awareness about health, a surge in investment in pharmaceuticals and biotechnology sectors, and growing adoption of outpatient infusion therapy services are expected to escalate the growth of the Outpatient Infusion Therapy Service market in the Asia Pacific region.

Outpatient Infusion Therapy Service Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Outpatient Infusion Therapy Service Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Outpatient Infusion Therapy Service are highlighted below.
 
·       In October 2020, IVX Health, a national provider of infusion and injection therapy for patients with complex chronic conditions such as multiple sclerosis, Crohn's disease, and rheumatoid arthritis, announced its acquisition of Precision Healthcare. This is formerly a subsidiary of BAI Healthcare Services, Inc. Precision operates 12 infusion centres across Tennessee and northern Arkansas 

Outpatient Infusion Therapy Service Market, Key Players

·       Option Care Health
·       Coram CVS
·       UnitedHealth Group
·       HCA Healthcare
·       McLaren
·       CHI Health
·       Accredo Health
·       PharMerica
·       Cleveland