large volume parenteral (LVP) market size was valued at USD 9.5 billion in 2021 and is projected to reach around USD 15.0 billion in 2030 exhibiting a CAGR of 6.0% in the forecasted period.
A large volume parenteral (LVP) is a single-dose injection that has been sterilised using heat and is then packaged in a glass bottle or flexible container with a capacity of more than 100ml. To administer the active drug compounds directly into the blood vessels, organs, tissues, or lesions, an injection must be administered through the skin or another external boundary tissue. A water-miscible or non-aqueous vehicle, an active component, and optional additives including buffers, antioxidants, preservatives, surfactants, antibacterial agents, and tonicity adjusters are all typically included. Peritoneal dialysis, irrigating solutions, blood derivatives, medication premixes, and contrast agents are a few of the LVPs that are frequently accessible globally.
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Key Companies Insights
Key players are aiming on their technological partnerships, collaborations, and merger & acquisitions policies to gain a competitive edge and expand their product portfolio & business footmark. The ongoing COVID-19 pandemic hindered the healthcare systems globally and driven market players to update products for unexploited prospects. Some of the key players operating in the global large volume parenteral market include:
• Albert David Ltd.
• B. Braun Melsungen AG
• Baxter
• BML Parenteral Drugs
• Fresenius Kabi AG
• Grifols, S.A.
• Pfizer, Inc.
• Sichuan Kelun Pharmaceutical Co., Ltd.
• Otsuka Pharmaceutical Co., Ltd.
• Cipla Inc.
• Zydus Group
• ALTHEA
• Other players
Segments
By Type
• Soft Bag LVP
• Plastic Bag LVP
• Glass Bottle LVP
By Volume
• 250 ml – 500 ml
• 100 ml-250 ml
• 500 ml – 1000 ml
• 1000 ml – 2000 ml
• 2000 ml and More
By Application
• Fluid Balance Injections
• Nutritious Injections
• Therapeutic Injections
By End User
• Hospitals
• Clinics
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
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Key Questions Answered in This Report:
- How has the global Market performed so far and how will it perform in the coming years?
- What are the key regional Markets?
- What has been the impact of COVID-19 on the global Market?
- What is the breakup of the Market based on the type?
- What is the breakup of the Market based on the application?
- What is the breakup of the Market based on the manufacturing process?
- What is the breakup of the Market based on the price range?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Market and who are the key players?
- What is the degree of competition in the industry?
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