Press release
The Intravenous Solutions Market to grow on the back of on-demand healthcare, witnessing a CAGR of 10.8%
The global Intravenous Solutions Market was valued at around US$ 10.9 Bn in 2021. With a projected CAGR of 10.8% for the next ten years, the market is likely to reach a valuation of nearly US$ 33.6 Bn by the end of 2032. The demand for Intravenous solutions is anticipated to increase in the coming years due to the sedentary lifestyle of about 39% of the world population, particularly among the aging population as a result of chronic conditions like cancer, heart disease, stroke, diabetes, and arthritis.Companies
Fresenius Kabi
Sino-Swed Pharmaceutical Corp., Ltd
Hospira
Amanta Healthcare
Otsuka Pharmaceutical Co., Ltd
Sichuan Kelun Pharmaceutical Co., Ltd
Terumo Corporation
Baxter
B. Braun Melsungen AG
Claris Lifesciences Ltd
Kyowa Hakko Bio Co., Ltd
Grifols
Liqvor Pharmaceuticals
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Sales Analysis of Intravenous Solutions Market from 2017 to 2021 Vs Market Outlook for 2022 to 2032
The global market for the Intravenous Solutions Market expanded at a CAGR of 10% during 2017-2021. As per the Faculty of Health Centre for Rural Health (Australia), more than 75% of patients admitted to hospitals are receiving some type of IV therapy. The United States will continue to be the largest consumer of Intravenous Solutions throughout the analysis period accounting for over US$ 8.8 Bn absolute dollar opportunity in the coming 10-year period.
Region-wise Insights
Why Intravenous Solutions Market in Asia Pacific is Projected to Offer Significant Oppotrunity?
The market in Asia Pacific is projected to register the fastest growth with a projected CAGR of over 11%. China and India account for more than 3.5 Mn preterm births annually, or 24% of all preterm births worldwide. Premature babies are more likely to experience poor growth and illnesses. Therefore, early parenteral nutrition is essential for preterm infants and must provide enough energy and amino acids. This is anticipated to drive the Asia Pacific intravenous (IV) solutions market in the years to come.
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Key Segments Covered in Intravenous Solutions Market Survey
By Type:
Total Parenteral Nutrition (TPN)
Peripheral Parenteral Nutrition (PPN)
By Nutrients:
Carbohydrates
Single Dose Amino Acid Solution
Vitamins & Minerals (Salt and Electrolyte)
Parenteral Lipid Emulsion
Other Nutrients
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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