Intravenous Solutions Market Share & Size Growth 2022-2030 with Latest and Future Industry Trends of Top Key Players

Market Dynamics:

The dynamic growth of the intravenous solution market is propelled by several key factors. Firstly, there's a notable increase in the incidence and prevalence of chronic diseases worldwide, compounded by an aging global population. Conditions such as cancer, gastrointestinal disorders, and neurological diseases rely heavily on intravenous solutions as primary energy sources for patients, thereby driving market growth significantly.

Chronic diseases stand as a leading cause of mortality, with ailments like cancer, diabetes, chronic liver disease, and chronic lung diseases ranking among the top causes of fatalities globally. Consequently, the prevalence of chronic diseases, particularly cancer, is expected to continue rising, further fueling the demand for intravenous solutions, especially in the context of parenteral nutrition use by cancer patients.

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As per a thorough research report by Market Research Future (MRFR), titled "Intravenous Solution Market: Information on Nutrition Type, Bag Type, Nutritional Content, End User, and Region - Forecast till 2030," the market began at a value of USD 6.5 billion in 2021. It is anticipated to progress from USD 7 billion in 2022 to USD 11.85 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.8% over the forecast span from 2022 to 2030.

Moreover, the surge in demand for intravenous injections is witnessed in response to the growing number of patients afflicted with conditions like cholera, thereby contributing to market expansion. Factors such as increasing infection rates and a rising number of cancer cases further bolster this growth, alongside the growing acceptance of intravenous treatments, particularly for colorectal cancer.

Additionally, the resilience of the worldwide supply chain and the availability of adequate raw materials play crucial roles in meeting the demand for intravenous solutions. Notably, during events like the COVID-19 pandemic and natural disasters such as Hurricane Maria, challenges in the supply chain were evident. Yet, major players in the market are actively strategizing to overcome such limitations, ensuring continuous supply and distribution of vital intravenous products.

Furthermore, the utilization of intravenous vitamin C treatments for colorectal cancer is gaining traction, supported by laboratory research indicating its potential to inhibit the growth and spread of various cancer cells. Pioneering research by individuals like the late Nobel Prize winner Linus Pauling has underscored the efficacy of vitamin C in intravenous therapies for cancer and other serious illnesses, thus contributing to the anticipated growth of the intravenous solutions market throughout the forecast period.

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Market Competitive Landscape

The key players in the intravenous solution market are:

Fresenius SE & Co. KGaA (Germany)
Baxter International Inc. (US)
Terumo Medical Corporation (Japan)
ICU Medical, Inc. (US)
Braun Melsungen AG (Germany)
Grifols S.A. (Spain)
Pfizer Inc. (US)
Intravenous Solutions Market Segmental Analysis:

The Intravenous Solutions market encompasses various segments, including end user, bag type, nutrition type, and nutritional content.

In terms of nutrition type, the market is categorized into two segments: peripheral parenteral nutrition and complete parenteral nutrition.

Bag type constitutes another segmentation, with the market divided into big volume bags (>250 ml) and small volume bags (≤250 ml).

Furthermore, the market's nutritional content is segmented into categories such as amino acid solution, carbohydrates, vitamins & minerals, parenteral lipid emulsion, and others.

End users are segmented into three categories: hospitals & clinics, ambulatory surgery centers, and home care.

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Regional Analysis:

The comprehensive study offers market insights across various regions including Europe, North America, Asia-Pacific, and the Rest of the World. In particular, the North American intravenous solution market is poised for significant growth, projected to achieve a noteworthy Compound Annual Growth Rate (CAGR) during the forecast period. Notably, it accounted for USD 2.8 billion in 2021. This growth trajectory is attributed to several factors such as the expanding geriatric population, which drives the demand for intravenous solutions, alongside the increasing prevalence of chronic diseases. Furthermore, the industry's expansion efforts aimed at meeting the heightened demands stemming from flu and coronavirus pandemics contribute to this growth.

North America boasts a highly developed region with a robust healthcare infrastructure, further fueling the demand for IV treatment across various stages of healthcare, including emergency care and surgical procedures.

Moreover, the major countries encompassed within the intravenous solution market analysis include the United States, Germany, France, Canada, the United Kingdom, India, Spain, Italy, Japan, Australia, China, South Korea, and Brazil.

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