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The Intravenous Solutions Market to foray into digital innovation, witnessing a CAGR of 10.8%

01-04-2023 10:53 PM CET | Health & Medicine

Press release from: Persistence Market Research

The Intravenous Solutions Market to foray into digital

The global Intravenous Solutions Market was valued at around US$ 10.9 Bn in 2021. With a projected CAGR of 10.8% for the next ten years, the market is likely to reach a valuation of nearly US$ 33.6 Bn by the end of 2032. The demand for Intravenous solutions is anticipated to increase in the coming years due to the sedentary lifestyle of about 39% of the world population, particularly among the aging population as a result of chronic conditions like cancer, heart disease, stroke, diabetes, and arthritis.

The intravenous solutions market is highly competitive, with a large number of players offering a range of products. Some of the key players in the market include B. Braun Melsungen AG, Baxter International Inc., Fresenius Kabi AG, and Hospira (a Pfizer company).

Overall, the intravenous solutions market is expected to witness strong growth in the coming years due to increasing demand for IV fluids in various healthcare settings and the growing prevalence of chronic diseases.

Companies

Fresenius Kabi
Sino-Swed Pharmaceutical Corp., Ltd
Hospira
Amanta Healthcare
Otsuka Pharmaceutical Co., Ltd
Sichuan Kelun Pharmaceutical Co., Ltd
Terumo Corporation
Baxter
B. Braun Melsungen AG
Claris Lifesciences Ltd
Kyowa Hakko Bio Co., Ltd
Grifols
Liqvor Pharmaceuticals

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Sales Analysis of Intravenous Solutions Market from 2017 to 2021 Vs Market Outlook for 2022 to 2032

The global market for the Intravenous Solutions Market expanded at a CAGR of 10% during 2017-2021. As per the Faculty of Health Centre for Rural Health (Australia), more than 75% of patients admitted to hospitals are receiving some type of IV therapy. The United States will continue to be the largest consumer of Intravenous Solutions throughout the analysis period accounting for over US$ 8.8 Bn absolute dollar opportunity in the coming 10-year period.

Region-wise Insights

Why Intravenous Solutions Market in Asia Pacific is Projected to Offer Significant Oppotrunity?

The market in Asia Pacific is projected to register the fastest growth with a projected CAGR of over 11%. China and India account for more than 3.5 Mn preterm births annually, or 24% of all preterm births worldwide. Premature babies are more likely to experience poor growth and illnesses. Therefore, early parenteral nutrition is essential for preterm infants and must provide enough energy and amino acids. This is anticipated to drive the Asia Pacific intravenous (IV) solutions market in the years to come.

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Key Segments Covered in Intravenous Solutions Market Survey

By Type:

Total Parenteral Nutrition (TPN)
Peripheral Parenteral Nutrition (PPN)

By Nutrients:

Carbohydrates
Single Dose Amino Acid Solution
Vitamins & Minerals (Salt and Electrolyte)
Parenteral Lipid Emulsion
Other Nutrients

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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https://www.persistencemarketresearch.com/market-research/telemedicine-market.asp

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https://www.persistencemarketresearch.com/market-research/robotic-surgery-market.asp

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Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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