Global Home Infusion Therapy Market to Reach $63.5 Billion by 2030
The global market for Home Infusion Therapy estimated at US$40.5 Billion in the year 2023, is expected to reach US$63.5 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2023-2030. Infusion Pumps, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$29.4 Billion by the end of the analysis period. Growth in the Intravenous Sets segment is estimated at 6.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.7 Billion, While China is Forecast to Grow at 10% CAGR
The Home Infusion Therapy market in the U.S. is estimated at US$10.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$15 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.2 Billion by the year 2030.
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