Intravenous (IV) solutions Market are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration.
Some of the key players in this market are: ICU Medical, Inc. (U.S.), B. Braun Melsungen AG (Germany), Fresenius Kabi AG (Germany), Baxter (U.S.), Amanta Healthcare (India), Terumo Medical Corporation (Tokyo), Grifols S.A. (Spain) and others.
Many companies manufactures packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration.
Key Finding
- The global Intravenous (IV) Solution market and is expected to reach USD 11,511.2 million by 2022
- By type, Total Parenteral Nutrition (TPN) holds the largest market share of global Intravenous (IV) Solution market and is expected to reach USD 4,940.0 million in 2016
- By nutritional content, amino acid solution holds the largest market share of global Intravenous (IV) Solution market is expected to reach USD 2,385.0 million in 2016
Pune, India, April, 2017 /MRFR Press Release/- Market research future published a cooked research report on global IV Solutions market. The Global IV Solutions market is expected to grow with CAGR of 7.69% during the period 2016 to 2022.
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In the coming years, it is expected that the global IV Solutions market will advance with higher growth rate as compared to previous years. Growing Prevalence of Diseases has fuelled the growth of the market for IV Solutions market.
These intravenous solutions are basically given to the patients whose fluid volume or body nutrients decreases. There are a number of things which can cause a drop in fluid volume such as vomiting and diarrhea are a classic example which is why people are encouraged to drink fluids when they are sick to balance the electrolytes present in their body.
Another cause is blood loss causes due to lost blood products and they experience a loss in fluid volume. These products are made under very stringent regulations by government to ensure that patients receive the most appropriate care and there should be constant availability of these IV solutions in the hospitals, clinics and even at homes.
Global Intravenous (IV) Solution Market has been segmented on the basis of type which comprises of total parenteral solution, peripheral parenteral solution. On the basis of nutritional content the market is segmented into amino acid solution, carbohydrates, vitamins & minerals, parenteral lipid emulsion and others. On the basis of end user the market is segmented into hospitals & clinics, ambulatory and home care.
The market demand for these products is on the rise in the Asia-Pacific region due to rising prevalence of chronic diseases and is expected to increase over the next few years. Since all of these products are available in portable packages it became easy to use them in a home setting as well.
The market for IV solutions is growing rapidly. Rising number of cancer cases, increasing acceptance of intravenous therapy has spurred the growth of this market. The Global IV Solutions market is expected to grow with CAGR of 7.69% during the period 2016 to 2022.
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The global market for IV Solutions is growing steadily. The market for IV Solutions is growing with the CAGR of 7.69% during the forecast period from 2016-2022.
North America accounts for largest market share in 2015 and is expected to reach USD 6,543.4 million by 2022. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases.
Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022.
The market growth in this region can be attributed to the rising expenditure for the healthcare sector and improving healthcare infrastructure. Avail Discount Enquiry for this Report.
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