Global Intravenous Solution Market was valued USD 11.49 Bn in 2022 and is expected to register a CAGR of 7.69% to reach USD 19.31 Billion by 2029.
Intravenous Solution Market Overview:
The Intravenous Solution Market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Intravenous Solution Market, as well as the reasons for variations in the industry’s growth in various locations.
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Market Scope:
This market report makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and other databases, to discover and collect excerpts acceptable for this study.
Drivers:
Growing incidence rate of severe diseases such ascancer is driving the demand for Total Parenteral Nutrition (TPN), which forms animportant aspect of the treatment. Intravenous nutrition supports to continue quality, keeps up hydration levels in patients, and encourages faster recovery. Cancer prevalence is assessed to develop by 70% for next few decades. This represents an enormous development prospect for the market.
Number of patients suffering from advanced cancer developsanorexia, thisdecreases their life duration time. These patients don’t react well to chemotherapy and suffer from elevated toxicity. This sickness is relieved by peripheral or overall parenteral nutrition. Thus, the rise in use of parenteral nutrition by malignancy patients has driven the development of the IV solutions market.
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Segmentation:
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
Others (trace elements)
by Application
Basic IV Solution
Nutritional IV Solution
Blood IV Solution
Drug IV Solution
Irrigation IV Solution
Others
by End-User
Hospitals
Ambulatory Surgery Centers
Home Care Settings
Key Players:
The entire method entails an examination of the key market players’ financial reports. Following the assessment of the overall market size, the market was segmented into several segments and sub-segments and validated by key industry professionals such as CEOs, VPs, directors, and marketing executives. The biggest players in the Intravenous Solution Market are as follows:
6.Terumo Corporation,
7.Amanta Healthcare,
8.Ajinomoto,
9.Johnson & Johnson ,
10.Novartis AG
11.Abbott Laboratories
12.Medtronic PLC
13.Danaher Corporation
14.General Electric
15.3M Company
16.Siemens Healthineers
17.Stryker Corporation
18.Becton, Dickinson & Company
19.Intuitive Surgical Inc.
20.Allergan PLC
21.Hoya Corp.
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Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Intravenous Solution Market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Intravenous Solution Market:
Due to a break in operations, end-user sectors where Intravenous Solution Market are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Intravenous Solution Market manufacturers, affecting the development of the Intravenous Solution Market in 2020. End-user business demand for Intravenous Solution Market has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Intravenous Solution Market Report are:
- Which segment had the largest share in the Intravenous Solution Market in 2021?
- What is the competitive landscape of the Intravenous Solution Market?
- Which are the key drivers aiding the Intravenous Solution Market growth?
- Which region has the maximum share in the Intravenous Solution Market?
- What will be the CAGR of the Intravenous Solution Market during the forecast period (2022-2027)?
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