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Intravenous Solution Market Expected to Reach USD 11.85 billion, With a CAGR of 7.8% During the Forecast Period of 2022 to 2030

Oct 4, 2023 10:00 PM ET

Intravenous Solution Market Expected to Reach USD 11.85 billion, With a CAGR of 7.8% During the Forecast Period of 2022 to 2030

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Intravenous solution market Research Report Information By Nutrition Type (Peripheral Parenteral Nutrition and Total Parenteral Nutrition), By Bag Type (Large Volume Bags (>250 ml) and Small Volume Bags (<250 ml)), By Nutritional Content (Amino Acid Solution, Carbohydrates, Vitamins & Minerals, Parenteral Lipid Emulsion, and Others), By End User (Hospital & Clinics, Ambulatory Surgical Centers, and Home Care), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.Market Research Future (MRFR) ‘s report highlights Intravenous Solution Market Information By Type, End User, And Region – Forecast till 2030″; the market will achieve USD 11.85 billion in 2030 at a 7.8% CAGR.

The intravenous (IV) solution market refers to the global market for solutions that are administered directly into a patient’s veins through an intravenous catheter or needle. These solutions are used for a variety of medical purposes, including fluid and electrolyte replacement, medication administration, and nutritional support. The market encompasses a wide range of products and services, including IV fluids, IV sets and accessories, and IV medications.

The four primary categories of IV fluids are lactated ringers, dextrose, half-normal saline, and normal saline. These liquids might be colloids or crystalloids. Furthermore, the isotonicity, hypotonicity, or hypertonicity of a crystalloid or colloid solution might directly impact the application of that solution. Over the forecast period, the huge geriatric population’s vulnerability to neurological disorders, cancer, cardiovascular disorders, and spinal injuries will likely continue to impact the intravenous solutions market significantly. Market players are introducing new intravenous injection solutions, which are projected to fuel the expansion of the global intravenous solutions marketplace in the coming years. Thus, it is anticipated that throughout the projected period, the rising medical expenses & patient awareness, the elevated rate of preterm births in emerging nations, and improved healthcare infrastructure will have a significant impact on the market. Anorexia, or accidental weight loss, is another prevalent cancer symptom that necessitates parenteral feeding due to its efficiency, driving market expansion.

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Market Segmentation

The parenteral lipid emulsion, amino acid solutions, carbohydrates, vitamins, and minerals are some of the nutritionally based segments of the intravenous solution industry. The intravenous solution market segment includes hospitals & clinics, ambulatory surgery centers, and home care, depending on the end user. The intravenous solution market is segmented into large-volume bags (>250 ml) and small-volume bags (250 ml) based on bag type.

Market Competitive Landscape:

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

 

Regional Insights

The North American intravenous solution market is anticipated to expand at a considerable CAGR during the projected period. This is brought on by an increase in the number of elderly people, which raises the prevalence of chronic illnesses, demand for intravenous solutions, and the industry’s growth in response to the flu and coronavirus pandemics, creating increased demand. As a highly industrialized region with a sound healthcare system, North America has seen an upsurge in the demand for IV treatment at different points of its life cycle, including during emergency care or surgery. However, due to an increase in the number of people with cancer and a rise in awareness of various malignancies, Asia-Pacific is predicted to expand at the greatest CAGR.

Browse In-depth Market Research Report (124 Pages) on Intravenous Solution:

https://www.marketresearchfuture.com/reports/intravenous-solution-market-1235

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