This market research report provides a comprehensive segmentation of the global intravenous solutions market by key regions such as the Americas, APAC, Europe, and MEA. The leading vendors in this market are Baxter, B. Braun Melsungen, Fresenius Kabi, and Hospira
Technavio’s market research analysts estimate the global intravenous solutions market to grow at a CAGR of around 6% between 2016 and 2020. Intravenous therapy is the fastest route available to deliver nutrients and medication, and includes infusion of liquid substances, such as nutrients and drugs, directly into a vein. Intravenous (IV) fluids are extensively used to treat electrolyte imbalances, maintain fluid balance, and replace fluid losses. The Americas lead the global intravenous solutions market, occupying around 36% of the total market share. Much of this region’s revenue generation comes from the easy availability of multi-chamber bags.
The new market research report from Technavio provides a breakdown and analysis of the intravenous solutions segments by technology.
“The new trend of home treatment and the availability of premixed solutions have led to early hospital discharges of patients and home recuperation. Since most patients prefer the convenience and comfort of recuperating at home, portable pumps are very useful. Portable pumps offer a way to mix medications reliably, making it easier for patients to get the right dosage. Such changes play a significant role in reducing errors and lowering waste and disposal costs,” says Amber Chourasia, Lead Analyst, Lab Automation and Health and Wellness, Technavio Research
Products used in intravenous therapy are highly regulated by governments to ensure quality and constant availability to consumers. A wide variety of products, including antibiotics and medications, are used during intravenous therapy to treat patients. Through innovations, vendors can offer premixed products for easy use and reduce packaging waste. The market size in the APAC region is growing rapidly as countries like India and China are improving their healthcare infrastructure. The need for such products is also high due to an increased incidence of chronic diseases.
The leading vendors in the global intravenous solutions market include Baxter, B. Braun Melsungen, Fresenius Kabi, and Hospira. The market is highly diverse due to the presence of many international and regional companies. International companies have the finances and a skilled workforce to manufacture products fast and at reasonable prices. The APAC market is also an attractive venue for new products and facility investment from vendors.
A more detailed analysis is available in the Technavio report, Global Intravenous Solutions Market 2016-2020
We can customize reports by other regions and specific segments upon request.
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