United States Intravenous Solutions Market to Reach US$ 4,189.0 Million by 2032, Fueled by Increasing Prevalence of Chronic Diseases

August 21, 2023 | Healthcare

According to the latest report by IMARC Group, titled “­­United States Intravenous Solutions Market Report by Type (Partial Parenteral Nutrition, Total Parenteral Nutrition), Nutrients (Carbohydrates, Salts and Electrolytes, Minerals, Vitamins, Amino Acids), and Region 2024-2032,” the United States intravenous solutions market size reached US$ 3,047.0 Million in 2023. Intravenous (IV) solutions, also known as intravenous (IV) fluids, are sterile liquids that are administered directly into the veins of a patient through an intravenous line or catheter. These solutions are essential to medical treatment, providing hydration, delivering medications, and correcting imbalances in the body's electrolytes and fluid levels. Intravenous solutions are typically clear or transparent liquids and are available in various formulations to address specific medical needs. The primary purpose of IV solutions is to deliver water and essential electrolytes, such as sodium, potassium, chloride, and bicarbonate, directly into the bloodstream. This helps maintain proper hydration and electrolyte balance, especially in situations where a patient is unable to take fluids orally or has lost significant amounts of fluids due to illness, surgery, or injury. Furthermore, IV solutions serve as a delivery mechanism for medications, enabling rapid and precise administration directly into the bloodstream.

United States Intravenous Solutions Market Trends:

The expanding prevalence of chronic diseases and complex medical conditions in the United States represents one of the prime factors impelling the market growth. Conditions such as cancer, diabetes, and cardiovascular diseases often require ongoing medical treatment and intravenous therapies for hydration, nutrition, and medication delivery. Besides this, as the aging population grows and life expectancy increases, the demand for intravenous solutions to support long-term care and disease management is rising, further contributing to the market's growth in the country. Furthermore, ongoing advancements in medical technology and treatment modalities and the development of novel medications and biologics that require intravenous administration are propelling the market forward. Moreover, medical procedures and surgeries increasingly rely on intravenous therapies for preoperative preparation, intraoperative support, and postoperative recovery, which, in turn, is aiding in market expansion. Concurrently, the need for precise and customized intravenous solutions tailored to individual patient requirements is influencing the market growth. In addition to this, the rising emphasis on patient comfort and convenience, the growing demand for ambulatory infusion pumps, and pre-packaged intravenous solutions, combined with supportive government policies and initiatives aimed at improving healthcare infrastructure and patient outcomes, are strengthening the market growth. Looking forward, the market value is projected to reach US$ 4,189.0 Million by 2032, expanding at a CAGR of 3.49% during 2024-2032.

Market Summary:

  • Based on the type, the market is bifurcated into partial parenteral nutrition and total parenteral nutrition.
  • On the basis of the nutrients, the market has been segregated into carbohydrates, salts and electrolytes, minerals, vitamins, and amino acids.
  • On a regional basis, the market has been segmented into Northeast, Midwest, South, and West.
  • The competitive landscape of the industry has also been examined, covering the competitive structure and key player profiles.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Types Covered Partial Parenteral Nutrition, Total Parenteral Nutrition 
Nutrients Covered Carbohydrates, Salts and Electrolytes, Minerals, Vitamins, Amino Acids
Regions Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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United States Intravenous Solutions Market to Reach US$ 4,189.0 Million by 2032, Fueled by Increasing Prevalence of Chronic Diseases
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