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Telemedicine Is Fastest Growing Segment Fueling The Growth Of Ambulatory Infusion Center Market

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Ashish Thapa
Telemedicine Is Fastest Growing Segment Fueling The Growth Of Ambulatory Infusion Center Market

Ambulatory infusion centers provide administration of specialty pharmaceutical therapies and injectable medications through intravenous methods to patients in an outpatient setting. These centers aim to deliver high-quality, cost-effective care to patients.

Market Overview:

Ambulatory infusion centers offer convenient and flexible options for patients undergoing IV treatments. The rising availability of specialty drugs and biologics that require infusion or injection driving the growth of these centers.

Market key trends:

One of the key trends in the ambulatory infusion center market is the increasing adoption of telemedicine. The COVID-19 pandemic has accelerated the use of telemedicine for remote patient monitoring and virtual consultations. Telemedicine allows patients to connect with care providers without physically visiting healthcare facilities, thus reducing infection risk. It also provides convenience and improves access to healthcare. This trend is expected to continue in the forecast period as telemedicine offers cost savings and clinical benefits.

The global Ambulatory Infusion Center Market Size is estimated to be valued at US$ 60883.85 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis

The global ambulatory infusion center market is segmented by type, application, and end-user. Based on type, the market is divided into home infusion center and off-site infusion center. The off-site infusion center segment dominates the market and is expected to continue its dominance over the forecast period. Off-site infusion centers are independent facilities separate from hospitals that provide infusion services on an outpatient basis. They offer convenience to patients by eliminating the need for lengthy hospital visits.

Key Takeaways

The global ambulatory infusion center market size is expected to reach US$ 60883.85 Mn by 2030, expanding at a CAGR of 6.7% over the forecast period. Increasing need for affordable and convenient healthcare services is expected to drive the market.

Regional analysis

North America dominates the global ambulatory infusion center market and is expected to continue its dominance over the forecast period. High prevalence of chronic diseases and growing demand for cost-effective outpatient care are fueling the market growth in the region. Asia Pacific is projected to witness the fastest growth over the coming years owing to improving healthcare infrastructure and rising medical tourism in the region.

Key players

Key players operating in the ambulatory infusion center market are Option Care Health, PharmaScript, Cleveland Clinic, Stoughton Health, Coram CVS, Hattiesburg Clinic, UnitedHealth Group, UK HealthCare, CHI Health, PharMerica, Beacon Health System, Inc., Arnot Health, Inc., IVX Health and Precision Healthcare. These players are focusing on expansions, mergers & acquisitions and new product launches to strengthen their market presence.

Read More: https://www.dailyprbulletin.com/nfusion-centers-set-to-boost-the-global-ambulatory-infusion-center-market-size-and-share-analysis/

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Ashish Thapa
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