Market Definition
The outpatient oncology infusion centers offer a variety of treatments such as chemotherapy, blood transfusions, platelet transfusions, IV antibiotics, and hydration and electrolyte replacement. It also provides long-term and short infusion therapy to patients in an appropriate manner.
Market Outlook
The global Outpatient Oncology Infusion Market was valued at 63.6 billion in 2022 and it is anticipated to grow up to USD 205.3 billion by 2032, at a CAGR of 12.4% during the forecast period.
The market is acquiring significant importance due to increasing technological advancements in infusion pumps. Additionally, the growing demand for outpatient infusion therapy for cancer treatment is anticipated to boost the market expansion. Rise in advanced technology has allowed infusion pumps to exhibit electronic health record integration such as built-in infusion and drug library of list of drugs stored in smart pump’s memory. Such advancement helps to prevent medication errors. Further, this advancement has enabled infusion system to connect to the electronic medical record by interoperability software. This provides the ability to communicate and share data accurately, effectively, and securely with different devices.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Outpatient Oncology Infusion Market Segmental Overview
The report analyses the global Outpatient Oncology Infusion Market based on Product, Therapy, Mode, Application and Region.
Global Outpatient Oncology Infusion Market by Product Based on the product, the Outpatient Oncology Infusion market is divided into Infusion Pumps, Intravenous Sets, IV Cannulas, and Needleless Connectors. Intravenous sets segment accounted for xx% revenue share in 2022 and is set to register a significant CAGR through 2032. Intravenous sets are a flexible tube that helps in smooth medication. These sets are mostly used to deliver photosensitive fluids to oncology patients and protect from light during distribution. Also, it delivers light-sensitive APIs and pharmaceutical products. Such benefits associated with this product will accelerate the industry trends.
Global Outpatient Oncology Infusion Market by Application By application, the industry is bifurcated into Lung Cancer, Liver Cancer, Breast Cancer, and Prostate Cancer. Prostate cancer segment exceeded USD xx billion in 2022. This is owing to growing awareness among individuals regarding the prostate cancer therapy along with rising prevalence of prostate cancer. Moreover, increasing adoption of innovative infusion pump in cancer diagnosis coupled with development of targeted and immunotherapies therapies for the treatment of prostate cancer is projected to drive the business landscape.
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Major Players in the Global Outpatient Oncology Infusion Market
Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Outpatient Oncology Infusion market include B. Braun Melsungen AG, Baxter, Becton, Dickinson, and Company, Fresenius Kabi, ICU Medical, Inc., IRadimed Corporation, Nipro Corporation, Terumo Corporation, Smiths Medical, Medtronic PLC, Roche Diagnostics, and Teleflex, Inc., among others.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Market Size in 2024 – US$ 63.6 Billion
- Market Size in 2033 – US$ 205.3 Billion
- CAGR – 12.4%
- Historic Period – 2016-2022
- Forecast Period – 2024-2033
- Base Year – 2024
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