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Global Large Volume Parenteral (LVP) Market 2023 - By Market Size, Drivers, Trends, Competitors And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Large Volume Parenteral (LVP) Global Market Report 2023 identifies xgrowing prevalence of chronic diseases as the major driver for the Large Volume Parenteral (LVP) market's growth in the forecast period. Chronic diseases refer to a sickness or condition that typically lasts three months or longer and can potentially worsen over time. The rise in chronic diseases is mainly driven by tobacco use, being around smoke, and poor nutrition.
The global large volume parenteral (LVP) market is expected to grow from $10.46 billion in 2022 to $11.42 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The large volume parenteral (LVP) market is expected to reach $15.78 billion in 2027 at a CAGR of 8.4%.
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Major competitors in the Large Volume Parenteral (LVP) market are Pfizer Inc., Fresenius Kabi AG, Abbott Laboratories Inc., Becton Dickinson and Company, Otsuka Holdings Co Ltd., Baxter International Inc.
A key trend in the Large Volume Parenteral (LVP) market includes product innovation. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in March 2022, SGD Pharma SA, a France-based producer of molded and tubular glass for pharmaceutical primary packaging company, launched 100-ml type I molded glass vials that are sterile and ready for aseptic filling and finishing of parenteral medicinal formulations. It helps to prevent vial scratches, supports the visual examination of the filled vial, and lowers the likelihood of rejection at quality control.
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The Large Volume Parenteral (LVP) market is segmented -
• By Type: Soft Bag LVP, Plastic Bag LVP, Glass Bottle LVP
• By Volume: 100 ML - 250 ML, 250 ML - 500 ML, 500 ML - 1000 ML, 1000 ML -2000 ML, 2000 And More
• By Application: Basic Infusion, Therapeutics Infusion, Nutritious Infusion
• By End-User: Hospital, Medical Centers, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Large Volume Parenteral (LVP) market.
The Business Research Company's "Global Large Volume Parenteral (LVP) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Large Volume Parenteral (LVP) Market Include:
1. Executive Summary
2. Large Volume Parenteral (LVP) Market Characteristics
3. Large Volume Parenteral (LVP) Market Trends And Strategies
4. Large Volume Parenteral (LVP) Market - Macro Economic Scenario
5. Global Large Volume Parenteral (LVP) Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
………………………………………..
32. Global Large Volume Parenteral (LVP) Market Competitive Benchmarking
33. Global Large Volume Parenteral (LVP) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Large Volume Parenteral (LVP) Market
35. Large Volume Parenteral (LVP) Market Future Outlook and Potential Analysis
36. Appendix
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