Press release
Intravenous Solution Market to Reach USD 20.78 Billion by 2030, Growing at a CAGR of 7.69%
๐๐ง๐ญ๐ซ๐๐ฏ๐๐ง๐จ๐ฎ๐ฌ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญThe global intravenous solution market was valued at USD 12.37 billion in 2023 and is expected to grow at a CAGR of 7.69% from 2024 to 2030, reaching approximately USD 20.78 billion by the end of the forecast period.
The global intravenous (IV) solution market is projected to experience significant growth due to the increasing prevalence of chronic diseases, advancements in healthcare infrastructure, and rising demand for IV therapies. The market is witnessing robust developments, mergers, and acquisitions across key regions, with prominent companies like ๐๐๐ฑ๐ญ๐๐ซ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐., ๐. ๐๐ซ๐๐ฎ๐ง ๐๐๐ฅ๐ฌ๐ฎ๐ง๐ ๐๐ง ๐๐, and ๐ ๐ซ๐๐ฌ๐๐ง๐ข๐ฎ๐ฌ ๐๐๐๐ข driving innovation.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/73970/
Country-Specific Insights
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's healthcare sector is rapidly evolving with increased government investments and public-private partnerships. The demand for IV solutions in Vietnam has risen due to the prevalence of malnutrition and dehydration-related conditions. Recent collaborations, such as ๐ ๐ซ๐๐ฌ๐๐ง๐ข๐ฎ๐ฌ ๐๐๐๐ข'๐ฌ expansion of its distribution network in Southeast Asia, underscore Vietnam's potential as a growing market.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is witnessing a surge in medical tourism, boosting the consumption of IV solutions. The Thai government's initiative to modernize hospitals and improve patient care has paved the way for increased adoption of advanced IV products. ๐. ๐๐ซ๐๐ฎ๐ง ๐๐๐ฅ๐ฌ๐ฎ๐ง๐ ๐๐ง ๐๐ recently announced plans to establish a regional distribution center in Bangkok, further solidifying Thailand's position in the market.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's aging population is a key driver for the intravenous solution market. Mergers and acquisitions, such as ๐๐ญ๐ฌ๐ฎ๐ค๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ'๐ฌ strategic alliance with ๐๐ญ๐ฌ๐ฎ๐ค๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ'๐ฌ, aim to address the growing demand for specialized IV solutions in the region. This collaboration is expected to enhance the availability of parenteral nutrition products across Japan.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/73970/
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's intravenous solution market is expanding rapidly, supported by government initiatives to enhance healthcare access. Companies like ๐๐ ๐๐จ๐ฎ๐๐ฅ๐-๐๐ซ๐๐ง๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ๐ฌ are at the forefront, introducing innovative IV products. Recent acquisitions, including ๐๐ก๐ข๐ง๐ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ' stake in local pharmaceutical firms, highlight the consolidation efforts in the Chinese market.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is focusing on technological advancements in IV solution delivery systems. The country's robust R&D initiatives have led to partnerships such as ๐๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ'๐ฌ collaboration with ๐ ๐ซ๐๐ฌ๐๐ง๐ข๐ฎ๐ฌ ๐๐๐๐ข to develop advanced IV products. The market is poised for steady growth, driven by demand for precision healthcare solutions.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore is emerging as a hub for medical innovation, with significant investments in IV therapy research. Companies like ๐๐๐ฑ๐ญ๐๐ซ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐. have strengthened their presence through collaborations with local healthcare providers. The government's emphasis on innovation and patient-centric care continues to bolster market growth.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/73970/
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a dominant player in the intravenous solution market, fueled by the rising incidence of chronic diseases such as diabetes and cancer. Recent mergers, like ๐ ๐ซ๐๐ฌ๐๐ง๐ข๐ฎ๐ฌ ๐๐๐๐ข'๐ฌ acquisition of NxStage Medical, have enhanced the company's portfolio in IV therapies. The US market is also benefiting from FDA approvals for new IV products.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is witnessing a wave of consolidations in the IV solutions sector, with companies such as ๐. ๐๐ซ๐๐ฎ๐ง ๐๐๐ฅ๐ฌ๐ฎ๐ง๐ ๐๐ง ๐๐ and ๐ ๐ซ๐๐ฌ๐๐ง๐ข๐ฎ๐ฌ ๐๐ leading the charge. The region's focus on sustainable healthcare solutions is driving innovation and growth, with recent developments in parenteral nutrition products gaining traction.
๐๐ง๐ญ๐ซ๐๐ฏ๐๐ง๐จ๐ฎ๐ฌ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Total Parenteral Nutrition (TPN)
Peripheral Parenteral Nutrition (PPN)
๐๐ฒ ๐๐ฎ๐ญ๐ซ๐ข๐๐ง๐ญ๐ฌ
Carbohydrates
Single dose amino acid solution
Vitamins & minerals (salt and electrolyte)
Parenteral lipid emulsion
Others (trace elements)
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Basic IV Solution
Nutritional IV Solution
Blood IV Solution
Drug IV Solution
Irrigation IV Solution
Others
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Hospitals
Ambulatory Surgery Centers
Home Care Settings
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/intravenous-solution-market/73970/
๐๐ง๐ญ๐ซ๐๐ฏ๐๐ง๐จ๐ฎ๐ฌ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1.Baxter,
2.Fresenius Kabi AG,
3.B. Braun Melsungen AG,
4.ICU Medical, Inc.,
5.Grifols,
6.Terumo Corporation,
7.Amanta Healthcare,
8.Ajinomoto,
9.Johnson & Johnson ,
10.Novartis AG
11.Abbott Laboratories
12.Medtronic PLC
13.Danaher Corporation
14.General Electric
15.3M Company
16.Siemens Healthineers
17.Stryker Corporation
18.Becton, Dickinson & Company
19.Intuitive Surgical Inc.
20.Allergan PLC
21.Hoya Corp.
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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