Market Synopsis of Global Intravenous (IV) Solution Market:
Intravenous (IV) Solution is intended to be administered to the patients which are deficient in nutrients or at the time of serious dehydration. These solutions are given to the patients whose fluid volume or body nutrients falls. Many companies manufactures packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for intravenous solutions is growing swiftly.
The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer.
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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
- On the basis of End User the market is segmented into hospitals & clinics, ambulatory and home care.
- 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
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Key Players for Global Intravenous (IV) Solution Market:
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)
- Intravenous (IV) Solution Manufacturer
- Intravenous (IV) Solution Vendors
- Pharmaceutical & Biotechnology Companies
- Market Research and Consulting Service Providers
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Regional Analysis of Global Intravenous (IV) Solution Market:
The global market for Intravenous (IV) Solution is growing rapidly. The market for Intravenous (IV) Solution 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 4,276.5 million in 2016. This growth is attributed to the factors such as high IV consumption number, high prevalence of chronic diseases.
Asia-Pacific region is the fastest growing market for real time health monitoring devices, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022 is due to the emergence of high-quality and better healthcare infrastructure and institutions in this region.
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