United States Large Volume Parenteral (LVP) Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The US Large Volume Parenteral (LVP) Market is experiencing significant growth, driven by increasing demand for intravenous fluids, medications, and nutrients in hospitals, clinics, and other healthcare settings. These products are used to administer large volumes of fluids to patients, offering essential support for those in need of hydration, electrolytes, or drug delivery. Industries, particularly healthcare and pharmaceutical sectors, are increasingly reliant on LVP products for efficient patient care, positioning the market for rapid growth over the coming years.
The market for Large Volume Parenteral (LVP) products is classified into multiple types, such as saline solutions, glucose solutions, Ringer’s solutions, and others, including specialized drug infusions. Each of these types is designed to address various medical needs, from replenishing fluid balance to administering life-saving medications. Among these, saline and glucose solutions hold the largest share due to their versatile application in both emergency and routine hospital care.
Industries, especially the healthcare and pharmaceutical sectors, place high importance on LVPs for a number of reasons. The demand for intravenous fluids is surging as hospitals handle increasing patient numbers, especially in critical care units. Medical professionals rely on LVP solutions for fluid therapy, including pre-surgical preparations, post-operative care, and the treatment of dehydration and malnutrition. Furthermore, pharmaceutical companies continue to innovate, formulating new LVP products to cater to evolving medical requirements, ensuring continued industry growth.
From an industrial standpoint, the US Large Volume Parenteral (LVP) market is seen as a critical area of expansion. With the rise of chronic diseases and the aging population, the need for parenteral solutions is only set to increase. This demand is being fueled not just by hospitals but also by outpatient care facilities, and home healthcare providers, as they seek high-quality and reliable LVP products. As more patients shift to receiving treatments outside traditional hospital settings, the market for LVPs will expand further.
Moreover, regulatory changes and technological advancements in manufacturing processes have contributed to the growth of the LVP market. Strict regulations from the FDA ensure that the products meet high safety standards, while innovations in packaging and product delivery systems are helping to make LVP solutions more accessible and convenient for both healthcare providers and patients.
The large volume parenteral (LVP) market in the US is poised for expansion with increasing demand from both healthcare and pharmaceutical industries. The application of these products is essential to a variety of medical fields, and with ongoing improvements in formulations and delivery systems, the industry’s future appears robust. By continuously adapting to industry needs, the US LVP market is on track to support the future of healthcare with efficient, life-saving solutions.
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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
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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 US 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
US (United States, US 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 US 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. US Large Volume Parenteral (LVP) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Large Volume Parenteral (LVP) Market, By Type
6. US Large Volume Parenteral (LVP) Market, By Application
7. US Large Volume Parenteral (LVP) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Large Volume Parenteral (LVP) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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