Intravenous Solutions Market Revenue was valued at USD 15.4 Billion in 2024 and is estimated to reach USD 28.7 Billion by 2033, growing at a CAGR of 7.4% from 2026 to 2033.
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The intravenous (IV) solutions market is experiencing significant growth, driven by an aging population, rising prevalence of chronic diseases, and critical supply challenges that have reshaped the industry landscape. In 2023, the global market was valued at approximately $12.9 billion and is projected to expand at a compound annual growth rate (CAGR) of 8% from 2024 to 2030, potentially reaching $22 billion by 2030. citeturn0search0
Aging Population: The global population aged 60 years and above is expected to increase from around 1 billion in 2020 to about 1.4 billion in 2030. This demographic shift contributes to a higher demand for IV solutions, especially in critical care settings. citeturn0search0
Chronic Disease Prevalence: The rising incidence of chronic illnesses such as cancer, neurological disorders, and gastrointestinal diseases necessitates the use of IV solutions for patient management and recovery. citeturn0search2
Malnutrition Concerns: Malnutrition, particularly among the elderly and preterm infants, has heightened the need for parenteral nutrition administered through IV solutions. The World Health Organization reports that 1 in 10 babies are born preterm globally, emphasizing the importance of IV nutritional support. citeturn0search0
The market is primarily segmented into Total Parenteral Nutrition (TPN) and Peripheral Parenteral Nutrition (PPN). TPN dominated the market in 2023 with a 66.3% revenue share, attributed to its comprehensive nutrient delivery, especially in surgical intensive care units. PPN is anticipated to grow at a CAGR of 7.5% from 2024 to 2030, driven by benefits observed in postoperative care. citeturn0search0
Nutrient-wise, single-dose amino acid solutions led the market with a 31.6% revenue share in 2023, offering customizable protein sources for patients. The vitamins and minerals segment is projected to register a CAGR of 9.7% from 2024 to 2030, highlighting their essential role in patient recovery and metabolic support. citeturn0search0
North America held the largest market share in 2023, accounting for 41% of the global market, due to advanced healthcare infrastructure and a strong reimbursement framework. In response to previous IV fluid shortages, Australia has invested $40 million to expand onshore manufacturing of saline fluids, aiming to produce at least 80 million units annually by 2027. citeturn0news9
The Asia Pacific region is expected to witness robust growth, with a projected CAGR of 9.0% from 2024 to 2030. Factors contributing to this growth include a high prevalence of undernutrition and increasing demand for cost-effective healthcare solutions. citeturn0search0
The IV solutions market has faced significant supply chain disruptions, notably when Hurricane Helene damaged Baxter International's North Carolina plant in late September 2024. This event led to a 40% reduction in IV fluid production capacity, prompting healthcare providers to postpone elective surgeries and conserve IV fluids. In response, manufacturers like B. Braun Medical and ICU Medical have ramped up production to mitigate shortages. citeturn0news11
To address vulnerabilities exposed by such disruptions, Australia has secured a $40 million deal to expand onshore manufacturing of IV saline fluids. The initiative aims to augment annual production to at least 80 million units by 2027, ensuring a more resilient supply chain. citeturn0news9
Regulatory bodies worldwide are enhancing oversight to ensure the safety and efficacy of IV solutions. For instance, the U.S. Food and Drug Administration (FDA) has been actively involved in approving alternative formulations, such as Merck's injectable version of Keytruda, which offers a subcutaneous administration option, potentially improving patient comfort and accessibility. citeturn0news10
The IV solutions market is poised for continued growth, influenced by demographic trends, disease prevalence, and evolving healthcare needs. However, ensuring a stable and secure supply chain remains a critical challenge. Ongoing investments in manufacturing capabilities, strategic regulatory approvals, and international collaborations are essential to meet the increasing demand and address potential vulnerabilities in the supply chain.
Australia Invests $40 Million to Boost Onshore IV Fluid Production
Merck's Injectable Keytruda Shows Comparable Efficacy to IV Formulation
The importance of Intravenous Solutions Market research reports lies in their ability to aid strategic planning, helping businesses develop effective strategies by understanding market trends and dynamics. They play a crucial role in risk management by identifying potential risks and challenges, allowing businesses to mitigate them proactively. These reports offer a competitive advantage by providing insights into competitors' strategies and Intravenous Solutions Market positioning. For investors, they provide critical data for making informed decisions by highlighting market forecasts and growth potential. Additionally, market research reports guide product development by understanding consumer needs and preferences, ensuring products meet market demands and drive business growth.
What are the Type driving the growth of the Intravenous Solutions Market?
Growing demand for below Type around the world has had a direct impact on the growth of the Intravenous Solutions Market:
Crystalloids, Colloids, Others
What are the Applications of Intravenous Solutions Market available in the Market?
Based on Application the Market is categorized into Below types that held the largest Intravenous Solutions Market share In 2024.
Basic IV Solutions, Nutrient Infusion Solution, Others
Who is the largest Manufacturers of Intravenous Solutions Market worldwide?
Baxter, Hospira, B. Braun Melsungen, Fresenius Kabi, Claris Lifesciences, Grifols, Vifor Pharma, JW Life Science
Short Description About Intravenous Solutions Market:
The global Intravenous Solutions Market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing steadily, and with the increasing adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, particularly the United States, will continue to play a pivotal role in the market's development. Any changes in the United States could significantly impact the Intravenous Solutions Market growth trends. The market in North America is projected to grow considerably during the forecast period, driven by the high adoption of advanced technology and the presence of major industry players, creating ample growth opportunities.
Europe is also expected to experience significant growth in the global market, with a strong CAGR during the forecast period from 2024 to 2031.
Despite intense competition, the clear global recovery trend keeps investors optimistic about the Intravenous Solutions Market, with more new investments expected to enter the field in the future.
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Which regions are leading the Intravenous Solutions Market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and 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)
What are the global trends in the Intravenous Solutions Market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Intravenous Solutions Market? What are the upcoming industry applications and trends for the Intravenous Solutions Market?
What Are Projections of Global Intravenous Solutions Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Intravenous Solutions Market? What are the raw materials used for Intravenous Solutions Market manufacturing?
How big is the opportunity for the Intravenous Solutions Market? How will the increasing adoption of Intravenous Solutions Market for mining impact the growth rate of the overall market?
How much is the global Intravenous Solutions Market worth? What was the value of the market In 2020?
Who are the major players operating in the Intravenous Solutions Market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Intravenous Solutions Market Industry?
1. Introduction of the Intravenous Solutions 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. Intravenous Solutions Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Intravenous Solutions Market, By Product
6. Intravenous Solutions Market, By Application
7. Intravenous Solutions Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Intravenous Solutions Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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