Pharmacy that provides prepared solutions for direct administration to a patient in a private residence, long term care facility, or hospice setting by means of irrigation, enteral, parenteral, intravenous, intramuscular, subcutaneous, or intraspinal infusion.

The global infusion pharmacy management market size was worth around USD 42.04 billion in 2022 and is predicted to grow to around USD 69.73 billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.53% between 2023 and 2030.

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Global Infusion Pharmacy Management Market Definition

Infusion therapy involves the administration of drugs or medicine through a sterile catheter or needle. These are frequently introduced into a patient’s vein and secured by a professional healthcare provider. This therapy is mainly suggested to only those patients who do not respond to the oral medication and whose health has not improved yet. In the infusion pharmacy, with the help of the needle or the catheter pain management antibiotics, antiviral, antifungal, and nutritional drugs are infused into the patient’s body. Infusion Pharmacy most commonly includes an infusion of antibiotics, antifungal, antiviral, pain management, and nutritional drugs through a needle or catheter.

Several types of diseases such as cancer, gastrointestinal disorders, diabetes, and pain-related diseases are treated with the help of the infusion medication system. This treatment method has traditionally been practiced only in hospitals, but now infusion therapy can be served in outpatient infusion therapy centers, or even in the home. Home infusion pharmacy management is more costly as compared to hospital infusion pharmacy management because it requires more skilled nurses. These nurses have been licensed and authorized by the state board of pharmacies, meeting the strict standards and regulations set by the board and by the government. Infusion pharmacy management is also incorporated with the government as well as private insurance plans.

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nfusion Pharmacy Management Market: Segmentation

The global infusion pharmacy management industry is segmented based on product type, application, and region.

Based on the product type, the global market is bifurcated into antibiotics, antimicrobials, pain management, enternal nutrition, and others. The pain management segment is expected to capture the largest market share over the forecast period. This is because a variety of pain syndromes, including fibromyalgia, neuropathic pain, phantom limb pain, post-herpetic neuralgia, complex regional pain syndromes, diabetic neuropathy, and central pain related to stroke or spinal cord, can be treated with pain management. On the other hand, the antibiotics segment is expected to grow at the highest CAGR during the forecast period. Antibiotics are drugs used to treat infections caused by bacteria in both people and animals. They do this by either killing the germs or by making it harder for them to develop and reproduce. Thus, the growing prevalence of various infectious diseases is expected to drive segment growth during the forecast period.

Based on the application, the global infusion pharmacy management industry is bifurcated into hospitals & clinics, ambulatory surgical centers, and homecare. The hospital & clinic segment is expected to dominate the market over the forecast period. The segment growth is attributed to the growing sizeable population of patients with various diseases. On the other hand, the homecare segment is expected to grow at the highest CAGR over the forecast period. The segment growth is owing to the benefits of home infusion therapy. This service allows patients an accessible treatment opportunity in the environment they are most comfortable and relaxed.

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Infusion Pharmacy Management Market: Competitive Analysis

The global infusion pharmacy management market is dominated by players like:

 

 

The global infusion pharmacy management market is segmented as follows:

By Product Type

 

  • Antibiotics
  • Antimicrobial
  • Pain Management
  • Enternal Nutrition
  • Others

 

By Application

 

  • Hospital & Clinic
  • Ambulatory Surgical Centers
  • Homecare

 

By Region

 

  • North AmericaThe U.S.Canada
  • EuropeFrance The UKSpainGermanyItalyRest of Europe
  • Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
  • Latin AmericaBrazilMexicoRest of Latin America
  • Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa