Overview and Scope
Intravenous (IV) hydration therapy is a straightforward procedure that involves inserting a tiny IV into the arm to administer fluids straight into the bloodstream. It helps with treatment by allowing the body to receive nutrients, blood, water, and medications more quickly through the circulatory system.
Sizing and Forecast
The intravenous (iv) hydration therapy market size has grown strongly in recent years. It will grow from $2.57 billion in 2023 to $2.8 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to medical treatments and procedures, athletic and sports performance, clinical management of dehydration, recovery from illnesses, mobile and concierge services.
The intravenous (iv) hydration therapy market size is expected to see strong growth in the next few years. It will grow to $3.92 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to consumer-centric personalization, integration into corporate wellness programs, preventive health measures, growth in fitness and wellness tourism, aging population demands. Major trends in the forecast period include ethical and sustainable sourcing, holistic health retreats, hydration bars and lounges, focus on mental wellness.
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Segmentation & Regional Insights
The intravenous (iv) hydration therapy market covered in this report is segmented –
1) By Service: Immune Boosters, Energy Boosters, Skin Care, Migraine, Other Service
2) By Component: Medicated, Non-Medicated
3) By End-User: Hospitals And Clinics, Wellness Centers And Spas, Home Healthcare, Other End-Users
North America was the largest region in the intravenous (IV) hydration therapy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravenous (iv) hydration therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the prevalence of chronic diseases is expected to propel the growth of the intravenous (IV) hydration therapy market going forward. Intravenous (IV) hydration therapy provides vitamins, and other essential nutrients resulting in a massive energy boost for patients suffering from chronic diseases. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the rise in the prevalence of chronic diseases is driving the growth of the intravenous (IV) hydration therapy market.
Key Industry Players
Major companies operating in the intravenous (iv) hydration therapy market report are Revitalist, JW Life Science Corporation, NextGen Healthcare, B. Braun Medical Inc., Pfizer Inc., Fresenius Kabi AG, Liquid IV, Medtronic Plc., Drip Hydration, Amanta Healthcare Ltd., Becton Dickinson and Company, Elixir, Baxter International Inc., Otsuka Pharmaceutical Co. Ltd., Sippex IV bag, REVIV, Braun Melsungen AG, The IV Doc Inc., Terumo Medical Corporation, Grifols S.A., Harpal Clinic Ltd., Fosmo Med, Core IV Therapy LLC, Cryojuvenate UK Ltd., Hospira, Teleflex Incorporated, Sichuan Kelun Pharmaceutical Co.Ltd., ICU Medical Inc., Vygon SAS, Vifor Pharma Management AG.
The intravenous (iv) hydration therapy market report table of contents includes:
1. Executive Summary
2. Intravenous (IV) Hydration Therapy Market Characteristics
3. Intravenous (IV) Hydration Therapy Market Trends And Strategies
4. Intravenous (IV) Hydration Therapy Market – Macro Economic Scenario
5. Global Intravenous (IV) Hydration Therapy Market Size and Growth
…
32. Global Intravenous (IV) Hydration Therapy Market Competitive Benchmarking
33. Global Intravenous (IV) Hydration Therapy Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Intravenous (IV) Hydration Therapy Market
35. Intravenous (IV) Hydration Therapy Market Future Outlook and Potential Analysis
36. Appendix
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