Us Large Volume Parenteral (LVP) Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Large Volume Parenteral (LVP) Market was valued at USD 6.5 Billion in 2022 and is projected to reach USD 10.3 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The US Large Volume Parenteral (LVP) Market has seen significant growth over the years, driven by the increasing demand for intravenous (IV) therapies, especially in hospitals and healthcare settings. LVP products are essential for the administration of fluids, nutrients, and medications to patients who are unable to take them orally. The market is projected to continue its upward trajectory, driven by factors like a growing aging population, an increase in chronic diseases, and advancements in healthcare technology.
Currently, the LVP market in the US is one of the largest globally, with the pharmaceutical industry focusing on improving the quality and effectiveness of LVP solutions. The market includes a wide variety of intravenous fluids, such as saline, dextrose, and electrolytes, designed to treat dehydration, malnutrition, and critical illnesses. The demand for these products is particularly strong in intensive care units (ICUs), emergency rooms, and surgical centers.
One of the key drivers for the market is the rapid growth in the incidence of chronic diseases such as diabetes, cancer, and kidney disease. These conditions often require patients to be administered fluids and medications intravenously, thus boosting the demand for LVP solutions. Additionally, the ongoing research in biotechnology and the pharmaceutical industry is focused on developing new and improved formulations for LVP solutions, thereby driving innovation and market expansion.
Another factor contributing to the growth of the US LVP market is the increasing demand for home healthcare. With advancements in medical devices and improved patient care models, more patients are being treated at home, requiring LVP solutions for long-term care. This shift in care settings has led to an increase in the demand for portable and easy-to-use LVP solutions that can be administered in home environments.
The rise of healthcare infrastructure and an emphasis on patient care further drive the growth of the US LVP market. Manufacturers are actively expanding their product portfolios and focusing on improving the safety and efficacy of their products to maintain a competitive edge. Partnerships with healthcare providers and advancements in technology are also propelling the market forward.
The market's future looks bright, as the ongoing need for intravenous therapies is set to grow exponentially. As healthcare systems continue to evolve and adapt, the US Large Volume Parenteral (LVP) Market is positioned for long-term success. In addition, industry players are also paying attention to market trends in related fields like the 100 Gigabit Fiber Optic Transceiver Market to streamline communications within healthcare networks and improve patient care coordination.
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Baxter Healthcare
Kelun Pharma
B. Braun
Fresenius
Teva Pharmaceutical Industries
Pfizer (Hospira)
Ostuka Pharmaceutical
CR Double-Crane
Pisa
Huaren
Patheon
Aspen Holdings
Beximco Pharma
Cook Pharmica
Albert David
PSI Ltd
Ozon Pharmaceuticals
BAG Healthcare
BML Parenteral Drugs
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Large Volume Parenteral (LVP) Market
Non-Electrolytic Solutions
Electrolytic Solutions
Nutritional Solutions
Antibiotic Solutions
Bags
Bottles
Cups
Prefilled Syringes
Hospitals
Clinics
Home Healthcare
Long-term Care Facilities
Aqueous Solutions
Glucose Solutions
Saline Solutions
Amino Acid Solutions
Intravenous (IV) Route
Intramuscular (IM) Route
Subcutaneous Route
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Large Volume Parenteral (LVP) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Large Volume Parenteral (LVP) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Large Volume Parenteral (LVP) Market, By Type
6. Global Large Volume Parenteral (LVP) Market, By Application
7. Global Large Volume Parenteral (LVP) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Large Volume Parenteral (LVP) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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