Home Infusion Therapy Market on the RiseJune 15, 2016
Forecasters are expecting the global home infusion therapy market to experience productive growth within the next 8 years. According to a report published by Grand View Research, estimated values for the home infusion therapy market is said to reach $28.3 billion by 2024.
The shift in preference to home therapy solutions from in-patient treatments is being attributed to the increasing need for patients to seek out more cost-effective alternatives. New product innovations and initiatives have made it easier, safer, and more convenient for patients to get the right medication at a reduced cost, thus driving the demand for home therapy devices.
Infusion pump connectivity has played a big role in home treatment. It not only allows patients to remotely program their devices through user-friendly apps, but it also enables healthcare professionals to monitor their patients off-site.
Other contributing factors noted in the report include rising penetration rates of home and alternate site services and the growing availability of infusible drugs due to high R&D investments by global market players.
Notably, some key players of the home infusion therapy market mentioned in the report were B. Braun Melsungen AG, Baxter, and Hospira, Inc.
AIV Inc. provides a wide range of infusion pump equipment and services from some of the most trusted brands in the market, including B. Braun, Baxer and Hospira. To learn more about our selection of refurbished IV pumps, replacement parts, accessories and repair services, visit http://aiv-inc.com/iv-pump-parts-service.html today!
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