Philippines Home Infusion Therapy Market Size & Outlook
Philippines home infusion therapy market, 2018-2030 (US$M)
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Philippines home infusion therapy market highlights
- The Philippines home infusion therapy market generated a revenue of USD 90.8 million in 2023 and is expected to reach USD 170.1 million by 2030.
- The Philippines market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, anti-infective was the largest revenue generating application in 2023.
- Chemotherapy is the most lucrative application segment registering the fastest growth during the forecast period.
Home infusion therapy market data book summary
| Market revenue in 2023 | USD 90.8 million |
| Market revenue in 2030 | USD 170.1 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Anti-infective |
| Fastest growing segment | Chemotherapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Infective, Endocrinology, Hydration Therapy, Chemotherapy, Enteral Nutrition, Parenteral Nutrition, Specialty Pharmaceuticals |
| Key market players worldwide | CVS Group PLC, Walgreens Boots Alliance Inc, UnitedHealth Group Inc, BrightSpring Health Services Inc, Fresenius Medical Care AG, ICU Medical Inc, B. Braun Medical, Baxter International Inc, BD, Smiths Group PLC, Terumo Corp, Caesarea Medical Electronics |
Other key industry trends
- In terms of revenue, Philippines accounted for 0.3% of the global home infusion therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan home infusion therapy market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,171.1 million by 2030.
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Home Infusion Therapy Market Scope
Home Infusion Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Philippines home infusion therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home infusion therapy market will help companies and investors design strategic landscapes.
Anti-infective was the largest segment with a revenue share of 24.34% in 2023. Horizon Databook has segmented the Philippines home infusion therapy market based on anti-infective, endocrinology, hydration therapy, chemotherapy, enteral nutrition, parenteral nutrition, specialty pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
According to World Bank Group, the country’s population aged 65 & above accounted for nearly 4.9% of the total population in 2017 and around 5.3% in 2019. Rise in geriatric population is anticipated to increase the demand for long-term and home care services, thereby fueling the market growth. Rising urbanization and increasing disposable income are boosting the demand for home care services in Philippines.
In addition, shortage of skilled professionals is burdening the public healthcare system, thereby creating opportunities in home care market and home infusion therapy market. Nonetheless, the country’s 2019 budget allocated nearly USD 3.2 billion for upgrading the health sector, which is anticipated to improve public hospital services and limit adoption of home infusion therapy.
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Our clientele includes a mix of home infusion therapy market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Philippines home infusion therapy market , including forecasts for subscribers. This country databook contains high-level insights into Philippines home infusion therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Philippines home infusion therapy market size, by application, 2018-2030 (US$M)
Philippines Home Infusion Therapy Market Outlook Share, 2023 & 2030 (US$M)
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