SEATTLE, May 10, 2021, (MEDGADGET) — Global Ambulatory Infusion Center Market Analysis
Impact of COVID-19 Pandemic
The outbreak of COVID-19 epidemic has hindered growth of the healthcare industry. For instance, in December 2019, the health authorities of Wuhan City of China had reported a cluster of pneumonia cases which was later identified as a novel member called COVID-19. Since then, this virus had spread rapidly globally with a considerable number of infections. The World Health Organization (WHO) had declared the COVID-19 as a global epidemic in March 2020, and further recommended the implementation of strict lockdowns to reduce the transmission of the disease. As per the report from World Health Organization (WHO), the COVID-19 has infected around 65.1 million individuals globally as of December, 2020.
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Owing to the risk of COVID-19 transmission while operating infusion procedures, the pandemic has negatively influenced the ambulatory infusion center market. Hence, several research and academic institutions are adopting safety procedures while handling medications of infusion procedures to elude the COVID-19 transmissions. As per the report published in American College of Rheumatology in April 2020, the healthcare professionals were recommended to follow the safety and precaution guidelines in reduce the risk of COVID-19 transmissions while carrying out ambulatory infusion procedures: –
- Notify patients about the hygienic procedures and social distancing measures.
- Patient care areas should be facilitated with hand sanitizers.
- Using an effective disinfectant, clean and de-contaminate facilities on a regular basis and verify the right time for contact of disinfectant.
- Re-organize the waiting rooms for social-distancing by placing chairs two meters apart and urging the patients to wait outside the facility for their appointments.
- In the patient-care centers, each equipment must be disinfected and cleaned before using it on patients, along with a major focus on highly-touched surfaces in check-in areas around the facility.
An ambulatory infusion helps in managing the conditions of chronic disease such as Crohn’s disease, haemophilia, cancer & its related pain, immune deficiencies, rheumatoid, malnutrition, chronic inflammatory diseases, dehydration, arthritis, and multiple sclerosis. Provision of ambulatory infusions is done by various organizations such as community pharmacies, home health agencies, and hospitals. It is the management of several kind of fluids and medications circularly into the stream of blood by using a needle.
By 2020, the global ambulatory infusion center market is expected to be worth around US$ 47 million and is estimated to witness a CAGR of 9.0% over the forecast period (2020-2027).
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Drivers
Rising cases of cancer are expected to exhibit growth of the global ambulatory infusion center market over the forecast period. As per the Our World in Data, an organization working on data and research of largest health issues globally, reported in 2017 that around 9.6 million people are estimated to have died globally due to several types of cancer. The source continued that every sixth death in the world is caused due to cancer in 2017.
Major players in the market insisting on launch of services such as ambulatory infusion centers in chemo-therapy, is expected to boost growth of the global ambulatory infusion center market over the forecast period. In June 2020, Cedar-Sinai had inaugurated the Samuel Oschin Cancer Center in Los Angeles which has 45,000 sq. ft. out-patient facility that will offer ambulatory infusion services for cancer patients.
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Market Segmentation
- According to type of Therapy: Plasmapheresis, Blood Product Infusion, Iron Therapy, Clotting Factor Replacement Therapy, Steroid Infusion, Immunoglobulin Therapy, Therapeutic Phlebotomy, and Others.
- According to Application: Chronic Inflammatory Disorders, Cancers, Nutrition Support, Gastro-intestinal Disorders, and Neurological Disorders.
- According to Distribution Channel: Home Infusion, Hospital, and Clinics.
Regional Insights
Owing to the focus of major players on expansion of their service facilities of ambulatory infusion for diagnosing several diseases such as cancer, North America is expected to retain its dominating position in the global ambulatory infusion center market over the forecast period. In May 2018, Keck Medicine of University of Southern California’s medical enterprise (USC), had announced the network expansion of its ambulatory clinics with a new outlet in Southern California. This new outlet provides a variety of primary care as well as specialty services such as ambulatory infusion for patients suffering from several disorders such as gastro-intestinal disorders and cancer.
Key Players
Key players contributing in the global ambulatory infusion center market include Cleveland Clinic, Option Care Health, PharmaScript, Stoughton Health, Beacon Health System, Inc., Coram CVS, Hattiesburg Clinic, UnitedHealth Group, UK HealthCare, CHI Health, PharMerica, Arnot Health, Inc., IVX Health, and Precision Healthcare.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Therapy Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Developments
- New Product Launches/Approvals
- Merger-Acquisition Scenario
- Regulatory Scenario
- Pipeline Analysis
- Epidemiology
- PEST Analysis
- Reimbursement
- Global Ambulatory Infusion Center Market – Impact of COVID-19 Pandemic
- Government Initiative to Combat Covid-19
- Safety Precaution Guidelines for Ambulatory Infusion Procedures.
- Global Ambulatory Infusion Center Market, By Therapy Type, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Blood Product Infusion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Iron Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Steroid Infusion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Immunoglobulin Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Therapeutic Phlebotomy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Plasmapheresis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Clotting Factor Replacement Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Blood Product Infusion
- Introduction
- Global Ambulatory Infusion Center Market, By Application, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Chronic Inflammatory Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Neurological Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Cancers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Nutrition Support
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Gastro-intestinal Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Chronic Inflammatory Disorders
- Introduction
- Global Ambulatory Infusion Center Market, By Distribution Channel, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospital
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Home Infusion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Hospital
- Introduction
- Global Ambulatory Infusion Center Market, By Region, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Countries, 2017–2027
- North America
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Therapy Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016–2027 (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
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