Large-Volume Parenteral Market Thrives On The Surge In Chronic Diseases: A Key Driver Powering Large Volume Parenteral (LVP) Market Growth In 2025

The Large Volume Parenteral (LVP) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Large Volume Parenteral (LVP) Market Size and Its Estimated Growth Rate?
The market for large volume parenteral (LVP) has exhibited substantial growth in the past few years. This market is predicted to expand from its size of $12.52 billion in 2024 to $13.57 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.3%. The significant growth observed during the historic period is largely attributed to increasing chronic disease rates, an expanding elderly population, a heightened demand for sterile pharmaceuticals, improvements in healthcare infrastructure, and the progression of regulatory frameworks for pharmaceuticals.

Robust expansion is projected for the large volume parenteral (LVP) market in the upcoming years, with forecast suggesting a growth to $19.46 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in this period is likely due to an escalating demand for biologics and biosimilars, increased expenditure in healthcare, proliferation of pharmaceutical outsourcing, enhanced focus on individualized medicine, and the global reach of pharmaceutical supply chains. Notable trends for the forecast period consist of advancements in manufacturing processes, the employment of superior technologies in pharmaceutical production, the use of single-use technologies, the creation of high-concentration formulations, and the surge in the application of 3d printing for pharmaceuticals.

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How Are Emerging Segments Shaping the Large Volume Parenteral (LVP) Market Landscape?
The large volume parenteral (LVP) market covered in this report is segmented -

1) By Type: Soft Bag LVP, Plastic Bag LVP, Glass Bottle LVP
2) By Volume: 100 ML - 250 ML, 250 ML - 500 ML, 500 ML - 1000 ML, 1000 ML -2000 ML, 2000 And More
3) By Application: Basic Infusion, Therapeutics Infusion, Nutritious Infusion
4) By End-User: Hospital, Medical Centers, Other End Users

Subsegments:
1) By Soft Bag LVP: PVC Soft Bags, Non-PVC Soft Bags
2) By Plastic Bag LVP: Polypropylene Bags, Polyethylene Bags
3) By Glass Bottle LVP: Single-Use Glass Bottles, Multi-Dose Glass Bottles

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Which Growth Factors Are Influencing Large Volume Parenteral (LVP) Market Expansion?
The increase in cases of enduring health conditions is anticipated to boost the progress of the large-volume parenteral market. Typically lasting for three months or more, chronic diseases are conditions that could worsen over time. Their escalation is primarily attributed to factors such as tobacco consumption, exposure to smoke, and inadequate nutrition. It necessitates optimal nutritional support for these patients to maintain their strength and wellbeing. Thanks to the parenteral method of administration, these patients can receive the proper pharmaceutical dosage since most of the drug bypasses the digestive system and is absorbed directly into the bloodstream. In September 2023, The World Health Organization, a Switzerland-based subsidiary of the United Nations, reported 41 million deaths worldwide, with 74% resulting from non-communicable diseases (NCDs) or chronic illnesses on an annual basis. Consequently, the rising frequency of chronic illnesses is driving the growth of the large-volume parenteral market.

Who Are the Dominant Players Across Different Large Volume Parenteral (LVP) Market Segments?
Major companies operating in the large volume parenteral (LVP) market include Pfizer Inc., Fresenius Kabi AG, Abbott Laboratories Inc., Becton Dickinson and Company, Otsuka Holdings Co Ltd., Baxter International Inc., B Braun Melsungen AG, Grifols SA, Cipla Limited, ICU Medical Inc., Biocon Limited, Sichuan Kelun Pharmaceutical Co. Ltd., Alembic Pharmaceuticals Limited, Cadila Healthcare Ltd., Gland Pharma Limited, Akums Drugs & Pharmaceuticals Ltd., Beximco Pharmaceutical Ltd., Nelson Laboratories LLC, Taj Pharmaceuticals Limited, Albert David Ltd., Amanta Healthcare Ltd., Unique Pharmaceutical Laboratories Ltd., Ahlcon Parenterals India Ltd, Parenteral Drugs Limited, Abaris Healthcare Pvt. Ltd., BML Parenteral Drugs, Denis Chem Lab Ltd, Pentagon Labs Ltd., DJ Labs Pvt Ltd., Higgs Healthcare.

What Are the Latest Developing Trends in the Large Volume Parenteral (LVP) Market?
An increasing trend in the large-volume parenteral market is product innovation. This is being leveraged by dominant market players, who are focusing their strategies on the development of innovative goods to reinforce their market presence. To illustrate, SGD Pharma SA, hailing from France, makes molded and tubular glass for pharmaceutical primary packaging. In March 2022, they unveiled a new product: sterile 100-ml type I molded glass vials. These are ready for the aseptic filling and finalization of parenteral medicinal solutions. The product is designed to safeguard against vial scratches, assist in visual inspection of the filled vial, and reduce chances of disapproval during quality testing.

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Which Geographic Regions Are Expected to Dominate the Large Volume Parenteral (LVP) Market in the Coming Years?
North America was the largest region in the large volume parenteral (LVP) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the large volume parenteral (LVP) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Large Volume Parenteral (LVP) Market?
2. What is the CAGR expected in the Large Volume Parenteral (LVP) Market?
3. What Are the Key Innovations Transforming the Large Volume Parenteral (LVP) Industry?
4. Which Region Is Leading the Large Volume Parenteral (LVP) Market?

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