Infusion therapy refers to
the administration of medications through needles and catheters. These
procedures are usually performed when oral medication treatments are not
effective on the patients. Home infusion therapies are those infusion
therapies that can be taken by the patient at home, upon prescription by
a physician. Home infusion therapies are taken either through
intravenous (IV) routes into the bloodstream or a tube placed in the
patient’s intestine or stomach.
Various drug therapies are
performed at home including pain management, parenteral nutrition,
antibiotics and IVIG therapy. In addition, insulin home infusion therapy
is also performed; it is the most widely used home infusion therapy.
Pain killers and IVIG account for the major market shares after insulin.
IVIG can be allowed to be administered to a patient after the diagnosis
of congestive heart failure, neurological disorders and immune
disorders. Home infusion therapy requires administrative services,
pharmacy services, patient educating and training, equipments, care
coordination and supplies.
Change in lifestyle will
boost the growth of home infusion therapy market. In addition, increase
in diabetic population and reduction in treatment cost will also trigger
the growth of this market. Many complicated medical conditions and
illnesses can be treated with these infusion therapies which will reduce
the hospital stay, and hence reduce the cost of treatment as well. Home
infusion therapies are safer since the administration of the drugs is
observed by physicians. This will also augment the growth of this
market. Reimbursement policies of various public and private firms will
also boost the growth of this market.
Forthcoming Projections for the Market of Home Infusion Therapy:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1702
Despite all these,
sometimes overdosage of medications may cause hazardous conditions which
may hinder the growth of this market. The major players operating in
this market include Abbott Laboratories, Stryker Corporation, Continuum
Rx, Bristol-Myers Squibb, and Eli Lilly and Company, among other
significant players.
No comments:
Post a Comment