Home Infusion Therapy Devices Market Size and Share 2023-2031Posted by Ganesh Shinde on January 9th, 2023 According to a recent study by Future Market Insights (FMI), sales of Home Infusion Therapy Devices are expected to top US$ 2.0 Billion in 2021, growing at a CAGR of over 6.5% during the forecast period (2021-2031). Home infusion therapy devices are used for the intravenous administration of medicines. It is commonly prescribed for patients with serious infections and specialized diseases when orally administered medicines are not or comparatively less effective. Application of home infusion therapy devices is increasing with the rising number of surgeries conducted across the globe. Post-surgery pain management at home can be done with the help of home infusion therapy devices. Besides this, rising healthcare expenditure and growing awareness regarding the risk and infection amidst the outbreak of COVID-19 is driving the demand of home infusion therapy devices. Key Takeaways from Home Infusion Therapy Devices Market Study
“Growing prevalence of chronic diseases such as diabetes and cancer in the midst of COVID-19 pandemic and high risk of infection across hospitals encouraged key players to invest in new product launches. This is expected to enable growth in the market in the coming years” says a FMI Analyst. Who is Winning? Key players are focusing on new product launches and approvals. Other growth strategies adopted by leading players include, agreements, and collaborations among key manufacturers. By focusing on these strategies, key players are expanding their geographic presence and strengthening their existing product portfolio. For instance,
The key market players profiled by FMI include Becton, Diciknson & Company, B.Braun Melsungen AG, Baxter International, Fresenius Kabi, Terumo Corporation, ICU Medical, Nipro Corporation, Smiths Medical, Micrel Medical Devices SA, Moog Inc., JMS Co.Ltd., Intera Oncology, and Others Top-up. Read More@ https://www.futuremarketinsights.com/reports/home-infusion-therapy-devices-market Home Infusion Therapy Devices Market by Category By Product Type:
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