Global Intravenous Solutions Market: Trends, Share, Size, Growth, Opportunity and Forecast 2019-2027
Patients receive intravenous (IV) solutions to deliver sugar, salt, and water directly into their venous circulation. For fluid resuscitation, regular maintenance, replacement, and redistribution, IV solutions and electrolytes are used. Modern therapy now includes intravenous medications, nutrition, and mixed solutions as essential components. The global Intravenous Solutions Market is anticipated to grow as a result of key players adopting inorganic growth strategies, such as partnerships and acquisitions, to increase their portfolio of intravenous solutions. A licensing and distribution agreement for trace elements, which are crucial micronutrients used in parenteral nutrition (PN) therapy, for instance, was signed in April 2015 by Baxter International Inc. and Laboratoire Aguettant SAS of France.
Supplemental
fluids are known as Intravenous
Solutions Market typically
contain water, electrolytes, sugar, and medications. They are administered to
patients in accordance with their needs, conditions, age, and body size in
order to treat electrolyte balance and restore fluid volume. Currently, they
are widely used in IV therapy to replenish electrolyte losses, administer
medications and blood products, and provide the intravascular fluid compartment
with crucial nutrients.
Worldwide demand for IV
solutions has increased as a result of the sudden coronavirus disease outbreak
(COVID-19), which is used to administer vital nutrients to patients in
intensive care units (ICU). In addition to this, a significant growth-inducing
factor is a rise in the prevalence of neurological, gastrointestinal, cancer,
and diabetes. Additionally, IV solution therapy's quicker response time and
greater efficacy are fostering Intravenous
Solutions Market expansion. It is used to treat chronic
dehydration, which can lead to irritability, memory loss, fatigue, and other
medical conditions.
The market for Intravenous
Solutions: A Competitive Analysis
Baxter International Inc., ICU Medical, Inc., B. Braun Melsungen Ag, Grifols, S.A., Fresenius Kabi USA, LLC, Vifor Pharma Management Ltd, JW Life Science, Amanta Healthcare, Axa Parenterals Ltd, and Salius Pharma Private Limited are some of the major companies active in the global intravenous solution market.
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