U.S. Intravenous Solutions Market analysis
U.S Intravenous Solution Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. U.S Intravenous Solution Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
IV (intravenous solutions) are given to patients to help them absorb sugar, salt, and water directly into their veins. Fluid resuscitation, routine maintenance, reconstruction, and redistribution are all done with IV solutions and electrolytes. Intravenous medications, diet, and blended solutions have now become commonplace in western medicine. The demand for intravenous solutions in the U.S. is expected to increase as leading players adopt inorganic growth strategies such as partnerships and acquisitions to broaden their range of intravenous solutions. Baxter International Inc. and Laboratoire Aguettant SAS, headquartered in France, signed a licencing and distribution agreement for trace elements, which are important micronutrients used in PN (parenteral nutrition) therapy, in April 2015.
In 2019, the U.S. intravenous solutions market was projected to be worth US$ 2,665.5 million, with a CAGR of 6.4 percent during the forecast period.
Increased Intravenous Solution Injection Launches and Regulatory Approvals are expected to propel the US intravenous solutions market further.
Regulatory approvals of intravenous solution injections are projected to fuel growth of the U.S. intravenous solutions market during the forecast period. The US FDA (Food and Drug Administration) approved Baxter International Inc.’s Myxredlin in July 2019. (Insulin Human in 0.9 percent Sodium Chloride Injection). The first and only ready-to-use insulin for IV infusion in hospitals and other intensive care settings is Myxredlin (Insulin Human in 0.9 percent Sodium Chloride Injection).
Moreover, Baxter International Inc. reported in January 2018 that the US FDA (Food and Drug Administration) had authorised its Bivalirudin in 0.9 percent Sodium Chloride Injection (Bivalirudin). Bivalirudin is a direct and specific thrombin inhibitor that is used as an anticoagulant in patients undergoing PCI (percutaneous coronary intervention), a non-surgical treatment for treating damaged or reduced blood vessels in the heart.
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Over the projected period, new intravenous solution injections for the treatment of multiple diseases such as hypertension and gastrointestinal diseases are anticipated to drive market development. In 2017, Fresenius Kabi USA, LLC, a manufacturer of infusion, transfusion, and medicinal nutrition drugs and innovations, launched Vecuronium Bromide for Injection in the U.S. The medication is used to keep neuromuscular blockade and paralysis in place.
Due to an increase in FDA recalls of IV drugs, the growth of the US intravenous solution market is projected to be hindered over the forecast period. The U.S. FDA (Food and Drug Administration) recalled Becton Dickinson & Company’s NEXIVA Closed IV Catheter System Dual Port 18GA 1.25 IN (BD Nexiva catheter) in August 2018 due to a needle tip shield/safety device malfunction.
Major companies contributing in the U.S. intravenous solution market are B. Braun Melsungen Ag, Grifols, S.A, Baxter International Inc., and ICU Medical, Inc.
Major Point Answered in U.S Intravenous Solution Market Research Study are: –
• What will the market growth rate, Overview and Analysis by Type of U.S Intravenous Solution market in 2026?
• What are the key factors driving, Analysis by Applications and Countries U.S Intravenous Solution market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of U.S Intravenous Solution market?
• Who are Opportunities, Risk and Driving Force of U.S Intravenous Solution market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
• Who are the key vendors in U.S Intravenous Solution market space? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the U.S Intravenous Solution market opportunities and threats faced by the vendors in the market?
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