The chemotherapy at home services global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Chemotherapy At Home Services Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The chemotherapy at-home services market size has grown rapidly in recent years. It will grow from $1.58 billion in 2023 to $1.75 billion in 2024 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to increased cancer incidence, growing patient demand for receiving care at home, hospital capacity constraints, improved home healthcare infrastructure, and supportive government policies.
The chemotherapy at-home services market size is expected to see rapid growth in the next few years. It will grow to $2.68 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to rising healthcare costs, aging population, expansion of home healthcare services, increased focus on patient-centric care, increased need to reduce inpatient stays and chronic disease management. Major trends in the forecast period include integration of AI and machine learning, personalized medicine approaches, wearable health technology, growth of specialty home infusion services, and collaborative healthcare models.
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Scope Of Chemotherapy At Home Services MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Chemotherapy At Home Services Market Overview
Market Drivers -The increased prevalence of cancer is expected to propel the growth of the chemotherapy-at-home services market going forward. Cancer is a disease characterized by the uncontrolled growth and spread of abnormal cells in the body. There is an increased prevalence of cancer due to several factors such as aging populations, lifestyle changes, environmental exposures, genetic predispositions, and increased detection through advanced diagnostic techniques. Chemotherapy at-home services allow cancer patients to receive treatment in the comfort of their own homes, improving convenience and quality of life. For instance, in 2021, according to the American Cancer Society, a US-based community-based, voluntary health organization, there were an estimated 1.9 million new cancer cases diagnosed and 608,570 cancer deaths in the United States in 2021, an increase from 1.8 million new cancer cases diagnosed and 606,520 cancer deaths reported in 2020. Therefore, the increased prevalence of cancer is driving the growth of chemotherapy at-home services.
Market Trends – Companies operating in the chemotherapy-at-home services market are providing innovative chemotherapy care services to revolutionize the delivery of chemotherapy services and enhance patient safety and convenience. Chemotherapy care service refers to providing chemotherapy treatment in the comfort and convenience of patients’ homes. For instance, in September 2022, Jivika Healthcare, an India-based mobile medical service provider, launched ChemoAtHome, a chemotherapy care service for cancer patients. The service offers safe and high-quality cancer care administered by trained nurses under the supervision of an MBBS doctor, with hospital-like setups created at patients’ homes. ChemoAtHome aims to provide convenience and cost savings, with savings of up to 20% to 25% on chemotherapy hospital bills. The service includes pre and post-chemotherapy support, such as video consultations with oncologists and home-delivery medicines.
The chemotherapy at home services market covered in this report is segmented –
1) By Product: Chemotherapy Drugs, Chemotherapy Infusion Pumps
2) By Administration: Oral, Intravenous
3) By Application: Breast Cancer, Blood Cancer, Ovarian Cancer, Colorectal Cancer
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Regional Insights – North America was the largest region in the chemotherapy at-home services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemotherapy at home services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies – Major companies operating in the chemotherapy at home services market are CVS Health Corporation, Optum Inc, Fresenius Kabi, Medtronic plc, Amgen, Penn Medicine, Advocate Health Care, Medibank Private Limited, Option Care Health Inc., Amedisys Inc., Lincare Holdings Inc., Cancer Treatment Centers of America (CTCA), BioScrip Inc., Shanghai MicroPort Lifesciences Co. Ltd., Accredo Health Group Inc., LloydsPharmacy Clinical Homecare, InfuSystem Holdings Inc., Portea Medical, Amerita Inc., Jivika Healthcare, Vitalis Health and Home Care Pty Ltd, Ubiqare Health Pvt. Ltd., View Health Pty Ltd group, Sciensus Pharma Services Limited, TCP Homecare
Table of Contents 1. Executive Summary2. Chemotherapy At Home Services Market Report Structure3. Chemotherapy At Home Services Market Trends And Strategies4. Chemotherapy At Home Services Market – Macro Economic Scenario5. Chemotherapy At Home Services Market Size And Growth…..27. Chemotherapy At Home Services Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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